18458 Gravel Hill Rd, Georgetown, De 19968 $2,595,000

MLS Number
Desu2042412
Standard Status
Active
City Name
Georgetown
Sale Type
Standard
Approximately 67 Acres Located Just Outside Of Milton With Huge Development Potential. Water, Sewer, And Natural Gas All Available To The Site. This Property Has Road Frontage On Both Gravel Hill Road As Well As Shingle Point Road. It Is Mostly Cleared And Has Some Preliminary Engineering Done. A Conceptual Plan Showing 94 Single Family Lots Has Been Submitted For The Delaware State Plus Review And Their Favorable Comments Are Attached. This Project Is Perfect For Everyone From The Small Builder To The National Home Builders. It Is Being Sold Unapproved With Some Preliminary Engineering. Sellers Will Allow A Short Due Diligence Period With A Quick Settlement To Occur After. Note: The Wooded Area Of The Property Has Been Largely Excluded From The Conceptual Plan Because A Wetlands Delineation Has Not Yet Been Performed. If This Area Is Deemed To Not Include Much, Or Any Wetlands, The Number Of Lots Could Go Up. An Extensive Amount Of Documentation And Aerial Photos Have Been Attached To This Listing To Assist In Deciding If This Property Is A Good Fit For Your Needs.

Additional Details

Acres
66.67
Property Type
Land
Lot SQFT
2904145.20
MLS Area
Broadkill Hundred (31003)
Listing Entry Date
06/01/2023
SchoolDistrictName
Indian River
Sussex DE Quadrants
Between Rt 1 & 113

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