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$4,400,000
4 Days On Site

48.1 acres MORRIS MILL ROAD
MILLSBORO, DE 19966

For Sale|Land|Active
County:
SUSSEX
Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty

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48.1 acres MORRIS MILL ROAD48.1 acres MORRIS MILL ROAD48.1 acres MORRIS MILL ROAD48.1 acres MORRIS MILL ROAD
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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.

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Listing Snapshot
Price 
$4,400,000
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
48.12 Acres
Year Built 
N/A
MLS® Number 
DESU2089822
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing first seen on site
4 days agoListing updated with changes from the MLS®
General Features
Acres 
48.12
Additional Property Use 
Vacant
Cross Street 
Gravel Hill Rd and Morris Mill
Sewer 
Other
Special Circumstances 
Standard
Utilities 
Sewer AvailableWater Available
Water Source 
Other
Zoning 
AR-1
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Exterior Features
Lot Features 
WoodedLevel
Road Frontage 
State Road
View 
Trees/Woods
Waterview 
Trees/Woods
Community Features
MLS Area 
Indian River Hundred (31008)
School District 
INDIAN RIVER
Schools
School District
INDIAN RIVER
Elementary School
GEORGETOWN
Middle School
INDIAN RIVER HIGH SCHOOL
High School
INDIAN RIVER
Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty



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Neighborhood & Commute
Source: Walkscore
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