Prime development opportunity in high-value Milton, Delaware. Zoned AR-1, Agricultural/Residential, Parcel Zone: AR-1 Total Parcel Area: 47.84 acres Min lot area: .75 acre 47.84/0.75 = 63.78 lots (This is the max density if you were not in the Low-Density area) 63.67 lots x 0.75 = 47.84 = 47 lots. (This is the actual max lots, the Low-Density overlayrequires you to reduce the allowable units by 25%)This property features 12.84 acres of wooded area and the rest of the area is cleared. Located just outside the Town of Milton, and just off of Rt 1 this property, offers easy access to the Town of Milton, Broadkill Beach, The Rookery Golf Course, Lewes, Rehoboth Beach, and Milford. Plenty of road frontage on both Draper and Reynolds Rd. Survey is available upon request for serious buyers.
MLS# | DESU2036468 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 597 |
Listing Provided By | Jack Lingo - Lewes | MICHAEL DOMINGUEZ |
Zoning | AR-1 |
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Acreage | 47.84 |
State | DE |
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County | Sussex |
City | Milton |
Zip Code | 19968 |
Area | Broadkill Hundred |
School District | Cape Henlopen |
Middle School | Mariner |
High School | Cape Henlopen |
Listing VS Median (in 19968) | |
Price: $2,952,000 low | high Med: $549,500 On Site: 597 low | high Med: 178.000000 |