$475,000
SOLD FEB 20, 2025

0 Route 275 Unit DESU2054444 Lewes, DE 19958

0.98 Acre
$484,694 Price per Acre
42,689 Sq Ft Lot

Recently Sold

27% Below List Price

155 Days on Market

Highlights

  • 0.98 Acre Lot
  • No HOA
  • Level Lot
  • Love Creek Elementary School Rated A

About This Lot

As of February 2025

Investors, builders and developers welcome.LOCATION LOCATION LOCATION AND WITH NO RESTRICTIONS. Just shy of an acre of land super close to both downtown Lewes and Rehoboth Beach. Down the block from all that Rt 1 has to offer, walk to grocery, movies, entertainment, public transportation, bike trails, golf and so much more. Don't miss your opportunity to own one of the last acres available for sale this close to the beach without any hoa or community restrictions. Public sewer and water as well. DelDot approved for splitting into two separate lots. Or go for a "conditional use" and get approved for four dwelling units on the site as did the property a few lots down the street. As in all real estate transactions, potential buyers should do their own due diligence as information is deemed reliable but not guaranteed.

This home can also be purchased as a home lot package. MLS# DESU2035226

Last Agent to Sell the Property

Hugh Fuller

EXP Realty, LLC License #0025314

EXP Realty, LLC

Last Buyer's Agent

Hugh Fuller

EXP Realty, LLC License #0025314

EXP Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $143

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 200x215.90
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Additional Parcels
  • Subdivision Possible
  • Property is zoned AR-1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 334-12.00-688.00

Property Details

Property Type

Land

Est. Annual Taxes

$143

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant, Land/Lot Only
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Investors, builders and developers welcome.LOCATION LOCATION LOCATION AND WITH NO RESTRICTIONS. Just shy of an acre of land super close to both downtown Lewes and Rehoboth Beach. Down the block from all that Rt 1 has to offer, walk to grocery, movies, entertainment, public transportation, bike trails, golf and so much more. Don't miss your opportunity to own one of the last acres available for sale this close to the beach without any hoa or community restrictions. Public sewer and water as well. DelDot approved for splitting into two separate lots. Or go for a "conditional use" and get approved for four dwelling units on the site as did the property a few lots down the street. As in all real estate transactions, potential buyers should do their own due diligence as information is deemed reliable but not guaranteed. This home can also be purchased as a home lot package. MLS# DESU2035226
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 14.08

Exterior Features

  • Construction Completed: No
  • View: Street
  • 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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Land Use Code: RV
  • Lot Features: Cleared, Level, Unrestricted, Subdivision Possible
  • Lot Size Acres: 0.98
  • Lot Dimensions: 200x215.90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 42557.00
  • Year Assessed: 2022
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 129.00
  • Tax Annual Amount: 143.00
  • Assessor Parcel Number: 334-12.00-688.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/20/2025

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

Range of Values:

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Average Value
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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
02/20/2025 02/20/25 Sold $475,000 -20.7% --
04/09/2024 04/09/24 Price Changed $599,000 +20.0% --
03/25/2024 03/25/24 Price Changed $499,000 -16.7% --
03/21/2024 03/21/24 Price Changed $599,000 -4.2% --
03/15/2024 03/15/24 Price Changed $625,000 -3.8% --
01/16/2024 01/16/24 For Sale $650,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2054444

Bright MLS