Estimated payment $4,168/month
Total Views
217,740
0.23
Acre
$3,260,870
Price per Acre
10,125
Sq Ft Lot
Highlights
- Community Pool
- Jogging Path
- Open Space
- Lewes Elementary School Rated A
About This Lot
Excellent opportunity in Lewes’ latest custom home community known as Olde Town! This community features 85 homesites with no builder tie-in, all situated within one mile of Lewes Beach, Cape Henlopen State Park, and all the downtown restaurants and shopping attractions. 114 Paddock Way (Lot 40) is located adjacent to community open space and buffer adjacent to Showfield, and only a short walk to the community pool and pool house. The additional amenities include sidewalks, walking trails, and direct access to the 16-mile Junction & Breakwater Trail that spans from Lewes to Rehoboth Beach. Olde Town is sold out and this is a resale opportunity.
Listing Agent
(302) 227-3883 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284 Listed on: 04/18/2025
Co-Listing Agent
(302) 227-3883 amanda@rbre.com Jack Lingo - Rehoboth License #RS-0019497
Property Details
Property Type
- Land
Est. Annual Taxes
- $775
Lot Details
- 10,125 Sq Ft Lot
- Lot Dimensions are 75 x 135.00
- Open Space
- Property is zoned AR-1
HOA Fees
- $250 Monthly HOA Fees
Utilities
- Municipal Trash
Listing and Financial Details
- Tax Lot 40
- Assessor Parcel Number 335-08.00-1611.00
Community Details
Overview
- $4,000 Capital Contribution Fee
- Association fees include common area maintenance, management, pool(s), snow removal
- $2,600 Other One-Time Fees
- Seascape Property Management HOA
- Olde Town Subdivision
Amenities
- Common Area
Recreation
- Community Pool
- Jogging Path
- Bike Trail
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $1,029 | $89,850 | $89,850 | $0 |
| 2024 | $370 | $89,850 | $89,850 | $0 |
| 2023 | $369 | $89,850 | $89,850 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | For Sale | $750,000 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $479,900 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $311,935 | Credit Line Revolving |
Source: Public Records
About the Listing Agent
Shaun has worked for Jack Lingo Inc – Realtor since 2003 and has closed more than $2 billion in real estate sales in his career. Leveraging his extensive experience and real time insights into market dynamics and buyer sentiment, he advises on product design and the marketing programs for JLAM assets.
Shaun is an Associate Broker at Jack Lingo Inc – Realtor and manages a talented team of agents with a strong focus on the coastal Delaware resort markets. He is a native of Delaware and
Shaun's Other Listings
-
$669,900 Under Contract
- 3 Beds
- 2.5 Baths
- 1,750 Sq Ft
- 2805 American Eagle Way
- Unit 5
- Rehoboth Beach, DE
Source: Bright MLS
MLS Number: DESU2083700
APN: 335-8.00-1611.00
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