$1,875,000
UNDER CONTRACT

25804 Cave Neck Rd Milton, DE 19968

Estimated payment $9,794/month

Total Views 11,251
8.87 Acres
$211,387 Price per Acre
386,377 Sq Ft Lot

Highlights

  • Fitness Center
  • 8.87 Acre Lot
  • Community Indoor Pool
  • Milton Elementary School Rated A
  • Clubhouse
  • No HOA

About This Lot

8.87 acres in the town limits of Milton with town water and sewer. Located at the entrance to Milton on Atlantic Avenue. Concept plan and unit allocation for 96 apartments. Option for the project to join the Cannery Village HOA and utilize the first-class amentiy package including indoor pool, outdoor pool, fitness center, locker rooms, game room, etc. Buyer shall be responsible for obtaining site plan approval from the Town of Milton. DelDOT entrance is installed and shared with Dogfish.

Listing Agent

Brent Reed

(302) 265-7400 brent@reedventures.net Cape Realty Listed on: 03/07/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,046

Lot Details

  • 8.87 Acre Lot
  • Property is zoned TN

Utilities

  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 235-20.00-43.00

Community Details

Recreation

  • Fitness Center
  • Community Indoor Pool

Additional Features

  • No Home Owners Association
  • Clubhouse

Property Details

Property Type

Land

Est. Annual Taxes

$1,046

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
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: UnderContract

Interior Features

  • Price Per Sq Ft: 4.85

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: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Pool - Outdoor, Pool - Indoor, Exercise Room, Fitness Center
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 8.87
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 386377.00
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 947.00
  • Tax Annual Amount: 1046.00
  • Assessor Parcel Number: 235-20.00-43.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $544 $22,200 $22,200 $0
2024 $1,094 $22,200 $22,200 $0
2023 $1,093 $22,200 $22,200 $0
2022 $1,055 $22,200 $22,200 $0
2021 $1,045 $22,200 $22,200 $0
2020 $1,042 $22,200 $22,200 $0
2019 $1,044 $22,200 $22,200 $0
2018 $975 $22,200 $0 $0
2017 $934 $22,200 $0 $0
2016 $887 $22,200 $0 $0
2015 $847 $22,200 $0 $0
2014 $841 $22,200 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 For Sale $1,875,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2017088

Bright MLS

APN: 235-20.00-43.00