1. Delaware
  2. Millsboro
  3. 48.1 ACRES MORRIS MILL RD
$4,400,000

48.1 ACRES MORRIS MILL RD, Millsboro, DE 19966

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon48.12acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
Berkshire Hathaway HomeServices PenFed Realty : 3022276101
Listing Agent:
SANDRA L WARE : 3025420900
MLS ID:
DESU2089822
  • Road/Access: 1050
  • Originating MLS: BRIGHT_MAIN
  • School District: INDIAN RIVER
  • County: SUSSEX-DE

This listing courtesy of SANDRA L WARE, Berkshire Hathaway HomeServices PenFed Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Georgetown Elementary School

301A W Market St, Georgetown, DE, 19947

Grades PK-5

5.84 miles away

M

Millsboro Middle School

302 E State St, Millsboro, DE, 19966

Grades 6-8

3.09 miles away

I

Indian River High School

29772 Armory Rd, Dagsboro, DE, 19939

Grades 9-12

7.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.