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MLS #1001567348
Listing #1001567348: image #1

$ 2,952,000

  • Description

    Prime development opportunity in high-value Milton, Delaware. 49.2 acres +/- on Draper Rd. and Reynolds Rd. Farm house is included in sale. Zoned AR-1, agricultural/ residential. Property is largely cleared with some wooded area. Pls see Disclosure attachments for latest Boundary Survey Plan (June 2016), plus photos. Perk tests have been done on adjacent property and results were excellent for drainage (info provided by Seller). See photos for mapped location - property is in close proximity to Route 1, Coastal Highway and a short drive to the coastal towns of Lewes and Rehoboth Beach, Delaware. Excellent road frontage on both Reynolds Road and Draper Road, close to Union Street Extended.According to website, the cost of living index in Milton is rated at 86.3 based on a national average of 100, indicating that cost of living is about 14% less than the U.S. average. Property is outside of Milton town limits. Condition of sale - farmer can harvest existing crops.
    Listed By: 
    Long & Foster Real Estate, Inc.
  • Property Details

    Property Type:

    Lot Size ( W x L ): 
    1159 x 2352
    Lot Size Area: 
    Lot Sq. Feet: 
    Lot Size Unit (ft/acre): 
    Square Feet
    County Tax: 
    City Tax: 

    School District:

  • Exterior Features
    Central Sewer Onsite: 
    Private Sewer Onsite: 
    Water Available: 
    On Site,Well Required


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