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Listed by Carol Ann Pala • Monument Sotheby's International Realty
$ 6,427,025
Est. payment | /mo
116.86 Acres Lot
$ 6,427,025
Est. payment | /mo
116.86 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID DESU2078376
HOA Y/N N
Annual Tax Amount $93
Tax Year 2024
Lot Size 116.860 Acres
Acres 116.86
Property Sub-Type Land
Source BRIGHT
Property Description
This 116+/- acre property, positioned for rapid development, is adjacent to sewer access and Dagsboro town limits—offering a prime opportunity for residential or mixed-use development. The land is centrally located near key amenities, including restaurants, grocery stores, golf courses, marinas, and fresh produce markets, with Bethany Beach just about 10 miles away via Rt. 26. This listing includes two parcels (233-10.00-72.00 & 233-10.00-73) with the potential option to acquire an additional adjacent parcel, enhancing frontage on 9 Foot Rd and increasing buildable lot potential. Water and sewer infrastructure close by, reducing development costs. With the area's growing demand for housing, this property is an ideal site for a residential community, retirement homes, or even a medical/assisted living facility (conditional use permit required). Take advantage of this high-growth corridor and unlock its full investment potential! A gentleman's agreement is in place to farm the land for year 2025.
Location
State DE
County Sussex
Area Dagsboro Hundred (31005)
Zoning AR-1
Exterior
Water Access N
Garage N
Building
Sewer No Sewer System
Water Well Required
Schools
School District Indian River
Others
Tax ID 233-10.00-72.00
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
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