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0 Draper Rd

Milton, DE, 19968

$2,952,000

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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.

Essential Information

MLS® #1001567348
Price$2,952,000
Bathrooms0.00
Acres49.20
TypeLand
Sub-TypeLand
StatusActive

Community Information

Address0 Draper Rd
AreaBroadkill Hundred (31003)
CityMilton
CountySUSSEX-DE
StateDE
Zip Code19968

Exterior

Lot Description

Cleared, Irregular Lot, Partly Wooded, Corner Lot, Subdivision Possible

School Information

DistrictCAPE HENLOPEN

Additional Information

Date ListedMay 25th, 2017
Days on Market1444
ZoningAR1

Listing Details

Office

Long & Foster Real Estate, Inc.

Property History
Price Reduced from $3,444,000 to $2,952,000
Price Reduced from $3,930,000 to $3,444,000
Price Reduced from $4,305,000 to $3,930,000

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Listing information last updated on May 7th, 2021 at 9:33am EDT.