RARE LEWES INVESTMENT OPPORTUNITY! An extraordinary opportunity awaits in tranquil Lewes on this prime 3.43-acre property along Beaver Dam Road. Offered at an exceptional value, this parcel is priced "AS-IS" at land value and boasts incredible subdivision potential for 4 individual lots (plus residual), making it a standout find for investors, developers, or anyone looking to build instant equity. Situated in the desirable Cape Henlopen School District, the lot currently features an established 3-bed, 1-bath elevated split level home with a full block basement, hardwood floors, and central air; ideal for immediate rental income, living in while you plan your build, or future redevelopment. Alternatively, keep the land intact to create your private coastal retreat or romantic farmette with room for up to 4 horses. Enjoy the peaceful, private setting with effortless access to Route 1, local beaches, dining, and shopping. Contact us today for plats, surveys, and additional details!
| MLS # | DESU2112304 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Building Name | NONE AVAILABLE |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1982 |
| Days On Site | 86 |
| Listing Provided By | Berkshire Hathaway HomeServices PenFed Realty | Lee Ann Wilkinson |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,081 |
| Story(s) | 2 |
| Zoning | AR-1 |
| Acreage | 3.44 |
| Property View | Garden, Lawn, Pasture |
| Cooling | Central A/C, Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Hot Water |
| Interior Features | Chair Railings |
| Appliances | Dishwasher, Water Heater |
| Exterior Features | Outbuilding(s) |
|---|---|
| Roof | Shingle |
| Construction Materials | Frame, Stick Built, Vinyl Siding, Block, Wood Siding |
| Foundation Details | Block |
| Lot Features | Front Yard, Partly Wooded, Private, Rear Yard, Subdivision Possible |
| Garage Yes / No | No |
|---|---|
| Parking Features | Asphalt Driveway, Dirt Driveway |
| Tax Annual Amount | 963 |
|---|
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | LEWES |
| Zip Code | 19958 |
| Area | Indian River Hundred (31008) |
| Community Name | NONE AVAILABLE |
| School District | CAPE HENLOPEN |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $599,900 low | high Med: $359,900 sqft: 1,081 low | high Med: 870 $ / sqft: $555 low | high Med: $431 On site: 86 low | high Med: 210.5 | |
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | LEWES |
| Zip Code | 19958 |
| Area | Indian River Hundred (31008) |
| Community Name | NONE AVAILABLE |
| School District | CAPE HENLOPEN |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $599,900 low | high Med: $359,900 sqft: 1,081 low | high Med: 870 $ / sqft: $555 low | high Med: $431 On site: 86 low | high Med: 210.5 | |