Homes for sale - 85.4 ACRES ROUTE 12, Frederica, DE 19946

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Louis Sassano

louissassano@gmail.com +1(609) 238-8881

Listed by JAMIE MASTEN • MASTEN REALTY LLC

$3,416,000

Est. payment - /mo

85.4 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID DEKT2011114

HOA Y/N N

Annual Tax Amount $1,161

Tax Year 2021

Lot Size 85.400 Acres

Acres 85.4

Property Sub-Type Land

Source BRIGHT

Property Description

Subdivision Opportunity! Large farm located within the Kent County Growth Zone. Property is part of the West Frederica Sewer Expansion. Seller has paid over $575,000 to provide gravity sewer to the site, supporting 205 +/- units. Sewer is on-site, central water is available. Sale includes a residence along Mid-State Road providing central access to the larger parcel. Since the listing hit the market, the Town of Frederica has expressed interest for annexation, which would allow for greater density.

Seller will also accept non-contingent approval contract at $2,600,000 for a closing within 9 months.

Location

State DE

County Kent

Area Lake Forest (30804)

Zoning AC

Exterior

Utilities Available Electric Available, Sewer Available, Water Available

Water Access N

Street Surface Paved

Road Frontage City/County

Garage N

Building

Lot Description Cleared, Corner, Road Frontage, Subdivision Possible

Sewer Public Hook/Up Avail

Water Public Hook-up Available

Schools

School District Lake Forest

Others

Tax ID SM-00-14100-01-0600-000

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Louis Sassano

+1(609) 238-8881

Agent

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85.4 ACRES ROUTE 12 Frederica, DE 19946

Louis Sassano

Key Details

Location

Exterior

Building

Schools

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