Estimated payment $9,715/month
Highlights
- 200 Feet of Waterfront
- Barn
- No HOA
About This Lot
Prime 14-Acre Development Opportunity in Central Dover!
A rare 14-acre parcel with breathtaking Silver Lake waterfront frontage, perfectly positioned across from Delaware State University. This prime property is ready for development, offering unmatched potential in a thriving area. While a small 3-bedroom home currently sits on-site, the true value lies in its future possibilities.
Zoned R20, with opportunities for rezoning as a minor subdivision, hotel, or commercial/residential development, this property is ideal for visionary investors and developers.
Unbeatable Location:
Next to Delaware State University housing
5 minutes to Bally’s Casino & Dover International Raceway
Easy access to Rt 1 North Dover Exit
OWNER IS OBTAINING UP TO DATE SURVEY
Endless Potential—Act Now! Don’t miss this incredible opportunity to develop in one of Dover’s most sought-after locations. Contact us today!
Listing Agent
Iron Valley Real Estate Premier License #rs0018819 Listed on: 02/26/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $596
Lot Details
- 9.2 Acre Lot
- 200 Feet of Waterfront
- Home fronts navigable water
- Subdivision Possible
- Property is zoned R20
Utilities
- 100 Amp Service
- On Site Septic
- Phone Available
- Cable TV Available
Additional Features
- Water Views
- Barn
Listing and Financial Details
- Assessor Parcel Number ED-05-06700-02-4500-000
Community Details
Overview
- No Home Owners Association
Recreation
- Water Access
- Property is near a lake
Map
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 |
|---|---|---|---|---|
| 2024 | $2,072 | $365,100 | $271,200 | $93,900 |
| 2023 | $762 | $25,900 | $12,100 | $13,800 |
| 2022 | $1,447 | $25,900 | $12,100 | $13,800 |
| 2021 | $710 | $25,900 | $12,100 | $13,800 |
| 2020 | $686 | $25,900 | $12,100 | $13,800 |
| 2019 | $648 | $25,900 | $12,100 | $13,800 |
| 2018 | $592 | $25,900 | $12,100 | $13,800 |
| 2017 | $582 | $25,900 | $0 | $0 |
| 2016 | $0 | $25,900 | $0 | $0 |
| 2015 | -- | $25,900 | $0 | $0 |
| 2014 | -- | $25,900 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Price Changed | $1,750,000 | 0.0% | -- |
| 04/21/2025 04/21/25 | Price Changed | $1,750,000 | -2.8% | $1,338 / Sq Ft |
| 02/26/2025 02/26/25 | For Sale | $1,800,000 | 0.0% | -- |
| 07/25/2024 07/25/24 | For Sale | $1,800,000 | -- | $1,376 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $274,600 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $165,000 | New Conventional |
Source: Bright MLS
MLS Number: DEKT2035248
APN: 2-05-06700-02-4500-000
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