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.
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Listing Snapshot
Price
$2,952,000
Days On Site
711 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
47.84 Acres
Year Built
N/A
MLS® Number
DESU2036468
Status
Active Under Contract
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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