$6,427,025
UNDER CONTRACT

Estimated payment $35,934/month

Total Views 10,371
116.86 Acres
$54,998 Price per Acre
5,090,422 Sq Ft Lot

About This Lot

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.

Listing Agent

Carol Ann Pala

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty Brokerage Phone: 3022276767 License #RS-0025033 Listed on: 02/27/2025

Monument Sotheby's International Realty

Property Details

Property Type

  • Land

Lot Details

  • 116.86 Acre Lot
  • Additional Parcels
  • Property is zoned AR-1

Utilities

  • Well Required
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 233-10.00-72.00

Property Details

Property Type

Land

Lot Details

116.86 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: UnderContract

Interior Features

  • Price Per Sq Ft: 1.26

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System
  • Water Source: Well Required

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 116.86
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5090421.60
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 83.00
  • Tax Annual Amount: 93.00
  • Assessor Parcel Number: 233-10.00-72.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: INDIAN RIVER

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $8,130 $691,892 $49,449 $642,443
2025 $8,130 $678,327 $48,480 $629,847
2024 $7,840 $665,028 $47,530 $617,498
2023 $7,748 $651,990 $46,599 $605,391
2022 $7,603 $639,207 $45,686 $593,521
2021 $7,605 $626,675 $44,791 $581,884
2020 $7,510 $620,250 $44,332 $575,918
2019 $7,345 $608,089 $43,463 $564,626
2018 $11,744 $986,523 $345,044 $641,479
2017 $2,267 $171,334 $41,776 $129,558
2016 $1,666 $123,995 $40,957 $83,038
2015 $1,674 $122,133 $40,342 $81,791
2014 $1,644 $119,741 $39,552 $80,189
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2025 02/27/25 For Sale $6,427,025 +4660.8% --
12/30/2021 12/30/21 Sold $135,000 +3.8% -- View Prior Sale
11/03/2021 11/03/21 Pending -- -- --
10/31/2021 10/31/21 For Sale $130,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2078376

Bright MLS
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