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About the Listing GALLO01 - 3260096
Timing is everything when purchasing Land. Sellers took the property off the market in early January in order to assess the economic environment and study changing local land use regulations. This Sussex County wooded parcel is ideal for a development in one of the most beautiful rural areas of Delaware. Close enough to the Resorts, but far away enough to ensure peace and quiet. Millsboro is minutes away. This remarkable, pristine, wooded parcel allows 2/units to the acre. Artesian Water Co. has confirmed that they will install the laterals (needs a developer's plan). Property is mostly wooded, with mature trees. Timber report is included. 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. Recent legislative agenda supports this location for future development. Seller offering a reduced price of $4mm to cash investors who settle within 12 months.
Listing Highlights
Status
Active
Days on Site
311
Property Type
Vacant Land
MLS ®
DESU2089822
Year Built
Total Square Footage
0
Lot/Acreage
48
County
Sussex
School District
Indian River
Elementary School
Georgetown
Middle School
Indian River High School
High School
Indian River
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Hook-up Available,Other
Exterior Details
- Lot Description: Level,Trees/Wooded,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: Residential and farming allowed
- Roof:
- Others:
- Sewer: Other
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
48 Acres Morris Mill Rd Millsboro, DE 19966
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