Address
0 Draper Road Milton, DE
Price
$ 2,952,000
Property Attributes
  • MLS#1001567348
  • TypeLand
  • CountySUSSEX
  • CityMilton
  • AreaBroadkill Hundred
  • Zip19968
  • StyleAgriculture
  • Price$ 2,952,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size49.2 Acres
Listing Provided Courtesy Of:
Long & Foster Real Estate, Inc.
Data Source:
Sussex County Association of REALTORS
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.

Price History
5/25/2017 Listed $4,305,000
9/13/2018 9% - $3,930,000
1/15/2019 13% - $3,444,000
3/2/2019 15% - $2,952,000

General Features

Additional Parcels Y/N No
Association Y/N No
Condo/Coop Association Y/N No
County SUSSEX
Current Use Agriculture
Days on Market 1446
High School District CAPE HENLOPEN
Historic Y/N No
MLS Area Broadkill Hundred (31003)
Ownership Other
Possession Settlement
Price Per Sq Ft 1.38
Property SubType Land
Property Type Land
Sewer No Sewer System
Sussex DE Quadrants Between Rt 1 & 113
Vacation Rental Y/N No
Water Access Y/N No
Zoning AR1
Zoning Description AGRICULTURAL/RESIDENTIAL

Exterior Features

Lot Dimensions 1159 x 2352
Lot Features Cleared, Corner, Irregular, Partly Wooded, Subdivision Possible
Lot Size Acres 49.20
Lot Size Area 48
Lot Size Source Estimated
Lot Size Square Feet 2134440.00
Navigable Water Y/N No
Roadresponsibility City/County
Water Oriented Y/N No
Water Source None, Well Required
Water View Y/N No
Waterfront Y/N No

Amenities

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

Property vs Zip Code Average in 19968

Price
AVG $470K
$2.95M
Visits
AVG 85
56

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