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Attn Investors. Buy and Hold this remarkable, pristine, wooded parcel. Current zoning allows 2/units to the acre and quite possible when Artesian Water Co. installs the laterals. They are confirmed to provide all central utilities. Property is mostly wooded, with mature trees. Timber report is included, recently paid by Seller. The area is rural, but close to everything that the 2nd home buyer or local family's desire. Adjacent single family community selling prices are now $600k++. No heavy traffic, no night noises from living near downtown. A beautiful rectangular nearly 50 acre parcel within 20 minutes to the beaches. This parcel is in Level III. Near enough to the Town of Millsboro to qualify for partial AH or Workforce Housing incentives. Recent legislative agenda supports this location for future development. Seller offering a reduced price of $4mm to cash investors who settle within 12 months.
| DAYS ON MARKET | 129 | LAST UPDATED | 7/9/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Indian River Hundred (31008) |
| COUNTY | SUSSEX | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| School District | INDIAN RIVER |
|---|---|
| Elementary School | GEORGETOWN |
| Jr. High School | INDIAN RIVER HIGH SCHOOL |
| High School | INDIAN RIVER |
| ADDITIONAL DETAILS | |
| AREA | Indian River Hundred (31008) |
|---|---|
| LOT | 48.12 acre(s) |
| LOT DESCRIPTION | Level, Wooded |
| SEWER | Other |
| UTILITIES | Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Other |
| ZONING | Residential and farming allowed |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Berkshire Hathaway HomeServices PenFed Realty
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
Copyright 2025 Sussex County Association of REALTORS®, Inc.
This IDX solution is (c) Diverse Solutions 2025.
