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Listed by Andrew Timmons • Keller Williams Realty
$ 1,075,000
Est. payment | /mo
6.75 Acres Lot
$ 1,075,000
Est. payment | /mo
6.75 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID DESU2105810
HOA Y/N N
Annual Tax Amount $1,042
Tax Year 2025
Lot Size 6.750 Acres
Acres 6.75
Property Sub-Type Land
Source BRIGHT
Property Description
Rare coastal development opportunity just minutes to the beach. This prime GR-zoned parcel offers multiple potential paths for a buyer or developer. The property appears well suited for a five-lot subdivision featuring approximately one-acre homesites, with subdivision approval handled administratively through Sussex County and estimated to take approximately three to four months. Lots of this size this close to the beach are increasingly uncommon and allow for spacious single-family homes with room for pools, detached garages, and meaningful landscape buffers — creating clear differentiation in today's market.
For buyers seeking greater density, the property is also believed to support a higher-yield configuration of approximately 25 to 30 condominium units or smaller single-family home sites, subject to zoning, engineering, and full county approvals. This approach would require a longer entitlement timeline but may offer substantial upside depending on final design and layout.
Alternatively, the parcel could be held or enjoyed as a private estate-sized homesite just minutes to Bethany Beach, allowing a future owner to pursue development at a later date as surrounding growth continues.
Public utilities are at the road (buyer to perform all due diligence regarding sewer capacity, stormwater management, and subdivision approvals).
Opportunities of this scale, flexibility, and proximity to the beach are increasingly limited.
Please note that there is a structure on the property. It offers no additional value and will convey as-is, where-is.
For buyers seeking greater density, the property is also believed to support a higher-yield configuration of approximately 25 to 30 condominium units or smaller single-family home sites, subject to zoning, engineering, and full county approvals. This approach would require a longer entitlement timeline but may offer substantial upside depending on final design and layout.
Alternatively, the parcel could be held or enjoyed as a private estate-sized homesite just minutes to Bethany Beach, allowing a future owner to pursue development at a later date as surrounding growth continues.
Public utilities are at the road (buyer to perform all due diligence regarding sewer capacity, stormwater management, and subdivision approvals).
Opportunities of this scale, flexibility, and proximity to the beach are increasingly limited.
Please note that there is a structure on the property. It offers no additional value and will convey as-is, where-is.
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning MR
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Well
Schools
School District Indian River
Others
Tax ID 134-08.00-66.00
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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