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85.4 ACRES ROUTE 12 Frederica, DE 19946
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Key Details
Sold Price $2,100,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DEKT2011114
Sold Date 08/06/25
HOA Y/N N
Annual Tax Amount $1,161
Tax Year 2021
Lot Size 85.400 Acres
Acres 85.4
Property Sub-Type Land
Source BRIGHT
Property Description
Subdivision Opportunity! Large farm located within the Kent County Growth Zone. Property is part of the West Frederica Sewer Expansion. Seller has paid over $575,000 to provide gravity sewer to the site, supporting 205 +/- units. Sewer is on-site, central water is available. Sale includes a residence along Mid-State Road providing central access to the larger parcel. Since the listing hit the market, the Town of Frederica has expressed interest for annexation, which would allow for greater density.
Seller will also accept non-contingent approval contract at $2,600,000 for a closing within 9 months.
Location
State DE
County Kent
Area Lake Forest (30804)
Zoning AC
Exterior
Utilities Available Electric Available, Sewer Available, Water Available
Water Access N
Street Surface Paved
Road Frontage City/County
Garage N
Building
Lot Description Cleared, Corner, Road Frontage, Subdivision Possible
Sewer Public Hook/Up Avail
Water Public Hook-up Available
Schools
School District Lake Forest
Others
Tax ID SM-00-14100-01-0600-000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Realtor | Team Lead | License ID: RS-0026088
+1(302) 604-4683 | krystal@delawarebeachomes.com