48.1 ACRES MORRIS MILL RD new to site Save Request In-Person Tour Request Virtual Tour
Millsboro,DE 19966
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DESU2089822
HOA Y/N N
Lot Size 48.120 Acres
Acres 48.12
Property Sub-Type Land
Source BRIGHT
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.
Location
State DE
County Sussex
Area Indian River Hundred (31008)
Zoning AR-1
Interior
Inclusions Timber Report, Survey, Soil Report
Exterior
Utilities Available Sewer Available,Water Available
Water Access N
View Trees/Woods
Street Surface Black Top
Road Frontage Public,State
Garage N
Building
Lot Description Level,Trees/Wooded
Sewer Other
Water Public Hook-up Available,Other
Schools
Elementary Schools Georgetown
Middle Schools Indian River High School
High Schools Indian River
School District Indian River
Others
Tax ID 234-20.00-22.00
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Contract,Conventional
Horse Property N
Listing Terms Cash,Contract,Conventional
Financing Cash,Contract,Conventional
Special Listing Condition Standard