$5,383,161
$5,100,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
TBD KINGS HWY Lewes, DE 19958
16.45 Acres Lot
Key Details
Sold Price $5,383,161
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1001574978
Sold Date 06/29/21
HOA Y/N N
Originating Board SCAOR
Lot Size 16.450 Acres
Acres 16.45
Lot Dimensions Irregular Shape
Property Description
Prime development opportunity within the city limits of Lewes! This 16.45 +/- acre parcel is situated between Kings Highway & Savannah Road with great visibility and endless potential. Currently zoned R2 (Residential Low Density) with potential for rezoning with adjacent commercial (GC - General Commercial) and R5 zoning (Mixed Residential). This property is centrally located with excellent proximity to Coastal Hwy (Rt. 1), Delaware Bay, Atlantic Ocean, Cape May Lewes Ferry, and all of the attractions of downtown Lewes. Lewes is a historic and vibrant seaside town full of modern amenities and one of the principle cities in Delaware's rapidly growing Cape Region. Lewes is a very popular year round vacation destination and increasingly popular for many retirees relocating to the area.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning R@
Exterior
Water Access N
Road Frontage City/County
Garage N
Building
Lot Description Irregular, Subdivision Possible
Sewer No Sewer System, Public Hook/Up Avail
Water None, Public Hook-up Available
New Construction N
Schools
School District Cape Henlopen
Others
Tax ID 335-08.00-36.07
Ownership Other
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Robert Justin Healy • Monument Sotheby's International Realty