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!
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Listing Snapshot
Price
$625,000
Days On Site
53 Days
Bedrooms
3
Inside Area (SqFt)
1,081 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
3.44 Acres
Year Built
1982
MLS® Number
DESU2112304
Status
Active
Property Tax
$963
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
2 months ago
Listing first seen on site
2 months ago
Listing updated with changes from the MLS®
General Features
Acres
3.44
Foundation
Block
Levels
Two
Parking
AsphaltDriveway
Parking Spaces
6
Property Sub Type
Single Family Residence
Special Circumstances
Standard
SqFt Above
1081
SqFt Total
1081
Style
Split Level
Water Source
Well
Zoning
AR-1
Interior Features
Appliances
Electric Water HeaterDishwasherWater Heater
Cooling
Central AirWindow Unit(s)Electric
Heating
OilBaseboard
Main Level Bedrooms
3
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Exterior Features
Construction Details
FrameVinyl SidingBlockWood Siding
Lot Features
Front YardPrivateFew TreesBack Yard
Other Structures
OutbuildingBarn(s)
Patio And Porch
Deck
Pool Features
None
Roof
Shingle
View
PastureGarden
Waterview
PastureGarden
Community Features
MLS Area
Indian River Hundred (31008)
School District
CAPE HENLOPEN
Horse Allowed
Yes
Schools
School District
CAPE HENLOPEN
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty
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