Views
Listed By:
Berkshire Hathaway HomeServices PenFed Realty
Address
50 acres Mount Joy Road, Millsboro, DE
Price
$ 5,000,000
Property Attributes
  • MLS#DESU2032790
  • TypeLand
  • CountySUSSEX
  • CityMillsboro
  • AreaIndian River Hundred
  • Zip19966
  • StyleVacant
  • Taxes$ 45
  • Price$ 5,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size50 Acres
Data Source:
Bright MLS
Property Description

Artesian to supply both the water & sewer. Activity in this area for development is ongoing. Property is mostly wooded, with mature trees. The area is rural, but close to everything that the 2nd home buyer or local families desire. No heavy traffic, no night noises from living near downtown. A very beautiful rectangular 50 acre parcel within 20 minutes to the beaches. Water & Sewer update, quoting from Artesian VP: "In order to provide wastewater service to this property, the property owner would need to fund a sewer force main extension to convey the wastewater from this parcel to our (Artesian's) existing system. This is currently 3 4 miles away and likely more than $1M to extend. There is a chance that withing a few years other development projects in the area will lead to sewer and water infrastructure closer to parcel 234-20.00-22.00."

Elementary School Middle School High School
Georgetown Elementary School Indian River High School Indian River High School
Price History
11/25/2022 Listed $5,000,000

General Features

Sewer Not Applied for Permit
Utilities None
Possession Coin w/Sell Sett
Zoning AR-1
View Trees/Woods
Property SubType Other
Tax Year 2023
Current Use Vacant
Percent Ownership Fee Simple
County SUSSEX
Property Type Land
HOA / Comm Assn No
Possible Use Development,Investment
Water Access Y/N No
Status ACTIVE
Directions North on Mt Joy Rd from Rte. 24,left at Morris Mill,sign on left. GPS address 25525 Morris Mill Rd,this older home sits 3 doors down,and across the street from the 1000+ ft road frontage to the 50 a
ModificationTimestamp 2024-04-14T10:54:45
City MILLSBORO
Buyer Agent Compensation 3
Disclosures Division potential,Prop Disclosure,Sell Entirely,Other
Zoning Description Allows for development.
MLS Area Indian River Hundred (31008)
Lot Size Square Feet 2178000.00
Tax Assessed Value 1100.0
Waterfront Y/N No
Street Name MOUNT JOY
Tax Annual Amount 45.0
Condo/Coop Association Y/N No
Clean Green Assessed Y/N No
Price Per Sq Ft 2.3
Acceptable Financing Cash,Contract,Conventional
Additional Parcels Y/N No
Historic Y/N No
Vacation Rental Y/N No
Days on Market 509
Location Type Rural
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active
Legal Subdivision INDIAN RIVER HUNDRED
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Street Suffix ROAD

Exterior Features

Lot Features Level,Trees/Wooded
Water Source None
Land Use Code 999
Water View Y/N No
Lot Dimensions 0.00 x 0.00
Lot Size Acres 50.00
Road Surface Type None
Road Frontage Length 1050
Lot Size Units Square Feet
Lot Size Source Estimated
Soil Types Soil Study Avail
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 19966

Price
AVG $730K
$5M
Taxes
AVG $188
$45
Visits
AVG 330
1026
Data Provided by Inside Real Estate®

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