5659 Penney Creek Rd

Greenwood, DE 19950
  • $775,000

    Price
  • 3

    Bed
  • 1.5

    Bath
  • 1,904

    SqFt

About the Listing KWRSX - 3260047,3256847

*Best and Final by Noon 01/21/26* Discover the untapped potential of this expansive 70+/- acre property, possibly suited for a horse training facility or a private country homestead. The property includes two distinct living quarters, providing options for owner-occupancy or consistent rental income. The classic farmhouse features three bedrooms and 1.5 bathrooms, while a separate 2-bedroom, 2-bathroom trailer is currently occupied by a tenant. Both residences are equipped with electric heat and window AC units. Each dwelling is serviced by its own dedicated well. There are several outbuildings on the property, including a wash bay and on-site bathroom. The property features a half-mile racetrack; while currently overgrown, the foundation remains, offering a straightforward restoration project to return it to its former glory. Supporting the land is a massive hay barn with high-volume storage and an expansive long shed that houses a shop and deep bays for tractor and equipment parking. This secondary workspace also includes a small office with a sink, great for administrative tasks or shop management. Property being sold as-is, where-is with no guarantees or warranties.

Listing Highlights

Status Pending
Days on Site 25
Property Type Residential
MLS ® DESU2102780
Year Built 1987
Total Square Footage 1,904
Lot/Acreage 71.93
County Sussex
Building Name NONE AVAILABLE
Neighborhood None Available
School District Woodbridge

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full / 1 Half
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1904
  • Below Ground Sq Ft: 0
  • Basement:
  • Other: Main Floor Bedrooms: 3
  • Water: Private,Well

Exterior Details

  • Lot Description: Not New Construction,Horse Property: Yes
  • Garage Capacity: N/A
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: AR-1
  • Roof:
  • Others: Outbuilding(s)
  • Sewer: Septic Exists

Financial Details

  • Tax Amount: $1,155
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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5659 Penney Creek Rd Greenwood, DE 19950

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Originating MLS: BRIGHT_MAIN

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