Draper Road, Milton, DE 19968

$3,930,000
List Price
$3,930,000
Price Change
▼ $375,000 1531789787
Days On Market
568
Status
ACTIVE
MLS#
1001567348
Lot Size (Acres)
49.2
County
Sussex
School District
Cape Henlopen

Property Description

Prime development opportunity in high-value Milton, Delaware. 49.2 acres +/- on Draper Rd. and Reynolds Rd. Farm house is included in sale. Zoned AR-1, agricultural/ residential. Property is largely cleared with some wooded area. Pls see Disclosure attachments for latest Boundary Survey Plan (June 2016), plus photos. Perk tests have been done on adjacent property and results were excellent for drainage (info provided by Seller). See photos for mapped location - property is in close proximity to Route 1, Coastal Highway and a short drive to the coastal towns of Lewes and Rehoboth Beach, Delaware. Excellent road frontage on both Reynolds Road and Draper Road, close to Union Street Extended.According to website city-data.com, the cost of living index in Milton is rated at 86.3 based on a national average of 100, indicating that cost of living is about 14% less than the U.S. average. Property is outside of Milton town limits. Condition of sale - farmer can harvest existing crops.

Additional Information

Area
Broadkill Hundred (31003)
Subdivision
None Available
School District
Cape Henlopen
Water
None, Well Required
Sewer
No Sewer System

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Listing courtesy of LONG AND FOSTER-REHOBOTH.