Rare opportunity to own a completely renovated 3-bedroom, 2-bathroom home situated on 5.01 acres in Millsboro, offering exceptional investment and development potential! This property offers much more than a beautifully updated residence. The seller has completed substantial work toward a proposed five-lot subdivision, consisting of the existing home on one lot and four additional residential lots. A minor subdivision plat has been prepared, septic site evaluations have been completed for the four proposed lots, and DelDOT has issued a Letter of No Objection to Recordation. The subdivision is in its final stages, with remaining requirements and recordation still pending. The property is being sold as one complete 5.01-acre parcel, giving buyers the opportunity to enjoy the renovated home while pursuing the completion of the subdivision and potentially developing or selling the additional lots. Whether you're looking for a move-in-ready home with acreage or an investment opportunity, this property offers tremendous flexibility. Subdivision plans, septic site evaluations, and DelDOT documentation are available for review. All subdivision and development opportunities are subject to final approvals and applicable requirements. Offered at $695,000!

Listing courtesy of LPT Realty, LLC



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