$6,500,000
$6,900,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
0.45 Acres Lot
SOLD DATE : 02/21/2020
Key Details
Sold Price $6,500,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID DESU154100
Sold Date 02/21/20
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $3,000
Tax Year 2019
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions 75x250
Property Description
Ultra rare opportunity to purchase a building lot on East Lake Drive - the most coveted location all along the Delaware coast. Enjoy stunning ocean sunrises and Silver Lake sunsets from this nearly half acre lot. Property is not subject to City of Rehoboth Beach building code or adjacent HOA building restrictions. +/-0.45 acres is to be subdivided from 2 Penn Street, creating the approximately 75 ft x 250 ft building lot.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning MR
Exterior
Waterfront Y
Water Access Y
View Ocean, Lake
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cape Henlopen
Others
Tax ID 334-20.06-112.00
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Barbara "Babs" Morales • Berkshire Hathaway HomeServices PenFed Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "