0 Chestnut St Unit DENC2067284 New Castle, DE 19720
Estimated payment $460/month
About This Lot
UPDATE!! With land being at a premium in New Castle County, this is a rare opportunity to be a part of history to build and own real estate in the quaint, riverfront community of the City of Old Historic New Castle establish in 1651! Property consists of two parcels, (Lot 3 - Parcel #21-015.00-230) 1.5-acre parcel zoned as Historic Residential with the potential for two lots having two three-story semi-detached homes with garages. A Feasibility Study was secured through a local Science & Engineering Firm, and Miss Utilities details as well. Details can be provided upon request. A bonus open space across the street (Lot 4 - Parcel #21-011.00-023) .56-acre parcel zoned non-historic with the potential to be donated with a tax right off to the City of New Castle. Public water, sewer, gas and electric are nearby for access. The wheels are in motion, and ready for the next steps. Neither the Seller nor Agent represent suitability for any intended purpose. Buyer will need to do due diligence to perform any additional necessary steps that impact building on the site and confirm with the City of New Castle the type and style of home(s) due to the historic nature of the land and community. Lots of potential for your savvy buyer with vision! Walkable community with several authentic historical buildings, including the New Castle Court House Museum being part of the First State National Historical Park. A vibrant town with cobblestone streets, restaurants, tranquil Battery Park with walking and biking trail, and community events year around. “One of the oldest and important Colonial/Federal villages in American, second to Williamsburg, VA.” Be one of the first to build a home reflecting the past and present in this historic town on the beautiful Delaware River!
Property Details
Property Type
- Land
Est. Annual Taxes
- $701
Lot Details
- 1.5 Acre Lot
- Additional Parcels
- Property is zoned 21R-2
Additional Features
- Flood Risk
- Sewer Not Available
Community Details
- No Home Owners Association
- Old New Castle Subdivision
Listing and Financial Details
- Tax Lot 230
- Assessor Parcel Number 21-015.00-230
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | Price Changed | $72,500 | +4.3% | -- |
| 08/26/2024 08/26/24 | For Sale | $69,500 | -- | -- |
Source: Bright MLS
MLS Number: DENC2067284
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