$2,952,000
UNDER CONTRACT

0 Draper Rd Unit DESU2036468 Milton, DE 19968

Estimated payment $19,397/month

Total Views 22,395
48 Acres
$61,706 Price per Acre
2,083,910 Sq Ft Lot

About This Lot

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 overlay
requires 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.

Listing Agent

Michael Dominguez

Jack Lingo - Lewes License #RS-0015489 Listed on: 02/27/2023

Jack Lingo - Lewes

Co-Listing Agent

GREG WOOD

Jack Lingo - Lewes License #RS-0021913

Property Details

Property Type

  • Land

Lot Details

  • 47.84 Acre Lot
  • Property is zoned AR-1

Schools

  • Mariner Middle School
  • Cape Henlopen High School

Utilities

  • Well Required
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 235-07.00-147.02, 147.03

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • Expected On Market: 2023-02-27
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: 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 overlay requires 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.
  • Special Features: UnderContract

Interior Features

  • Price Per Sq Ft: 1.42

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
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CAPE HENLOPEN
  • Middle School: MARINER
  • High School: CAPE HENLOPEN
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: MARINER

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Size Acres: 47.84
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2083910.40
  • Year Assessed: 2023
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 235-07.00-147.02, 147.03
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 For Sale $2,952,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2036468

Bright MLS