$799,900

102 Joshua Ln, Newark, DE, 19711

2.28

Acres

This opportunity for a Builder/Contractor in The Historic Village of Phillips Mill presents a compelling prospect for those looking to invest in a distinctive luxury neighborhood. With 6 approved and developed lots, including 4 townhouse lots and 2 twins, there is a diverse range of housing options to cater to various preferences and needs. The mix of 17 homes, featuring mill homes, semi-detached homes, a 3-unit condo building, and a farmhouse, adds character to the neighborhood. All the necessary improvements have been completed, streamlining the building process for potential buyers. The convenience of having everything in place and ready for building permits simplifies the development process and reduces potential delays. The inclusion of building plans with the sale is a valuable addition. This not only saves time and effort for the buyer but also provides a clear vision for the potential development, enhancing the overall appeal of the offer. The property's short distance to the University of Delaware is a significant advantage. This proximity can attract a diverse range of potential residents, including faculty, and staff, making it an appealing location for various demographics. The mention of possible owner financing adds flexibility to the purchasing process. The package includes multiple lots (102, 104, 106, 108, 103, 105 Joshua Ln.), offering a comprehensive opportunity for a builder or contractor to make a substantial impact on the community. In conclusion, this property presents a great opportunity for a Builder/Contractor in a well-planned neighborhood. The combination of location, variety of housing options, ready-to-build status, included building plans, and possible seller financing makes this an attractive proposition for those looking to invest in a unique and upscale community.

Facts & Features

MLS® # DENC2052730
Price $799,900
Bathrooms 0.00
Acres 2.28
Type Land
Sub-Type Land
Status Active

Community Information

Address 102 Joshua Ln
Area Newark/Glasgow (30905)
Subdivision PHILLIPS MILL
City Newark
County NEW CASTLE-DE
State DE
Zip Code 19711
Senior Community No

Amenities

Utilities Electric Available, Natural Gas Available, Sewer Available, Water Available
Is Waterfront No

Interior

Has Basement No
Fireplace No

School Information

District CHRISTINA

Additional Information

Date Listed November 15th, 2023
Days on Market 165
Zoning RESID
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty
Contact Info(302) 234-1888

Listing Map

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