1006 Kings Highway Lewes, DE $ 8,568,000
1006 Kings Highway
$ 8,568,000
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1006 Kings Highway

Lewes, DE, 19958
$ 8,568,000
Baths0.0

Monthly Estimate*

$ 56,946

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Studio

Lots and Land for sale in Lewes, DE

for $8,568,000. The lot size is 14.57.

One of the last large parcels adjacent to the City limits, ideal for potential development and annexation and never sold before. 3 other separate family lots are being sold together to total 14.57 (+/-) acres. Currently most of the 14.57 acres lies in the County, but the City supplies utilities. Three single family homes are occupied and are being sold with the land as a convenience to the Buyer. The Bike Trail fronts the Savannah Rd side of the property, and the Kings Hwy side shares an entrance with a small strip center. Dutchmans' Harvest condos are being completed on the Savannah Rd side of the property, just one lot away. Please check the discoveries on file showing all of the City zoning uses. Lewes is well known as a peaceful refuge from the modern world, thanks in part to the coastal cuisine, intimate boutiques and antique shops that line Second St. Beaches, State Parks and more await you, quoted from visitDelaware.com. First right of refusal. Call Listing Agent with any questions. Contract requirements written by Sellers are in the discoveries.

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Lots and Land Pending

Price

$ 8,568,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 245

Style

Agriculture,Residential

Lot Size

14.57

Town/City

Lewes

County/Region

Sussex

MLS | Web ID

DESU2035146

Features
General
Sewer Public Hook/Up Avail
Possession Settlement
Zoning AR-1
Exclusions Personal belongings from 3 homes
View Pasture
Property SubType Land
Tax Year 2022
Current Use Agriculture Residential
Percent Ownership Fee Simple
Additional Parcels Description 335-08.00-36.01 335-08.00-36.02 335-08.00-36.06
County SUSSEX
Property Type Land
HOA / Comm Assn N
Possible Use Apartment Building Apartments Development Investment Mixed Use Multi-Family Residential Special Purpose
Water Access Y/N N
Status PENDING
Directions Just past Cape Henlopen High School main entrance next to new Senior Living facility on Left
City LEWES
Buyer Agent Compensation 2
Disclosures Division potential Prop Disclosure Sell Entirely
Zoning Description Residential agricultural
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Square Feet 634669.20
Waterfront Y/N N
Street Name KINGS
Tax Annual Amount 245.0
Clean Green Assessed Y/N N
Price Per Sq Ft 13.5
Acceptable Financing Cash Conventional
Additional Parcels Y/N Y
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 77
Location Type Downtown
Sussex DE Quadrants East of Rt 1
Standard Status Pending
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Lot Features Adjoins - Open Space Cleared Interior Irregular Level Not In Development Road Frontage Subdivision Possible
Water Source Public Hook-up Available
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 14.57
Lot Size Units Square Feet
Lot Size Source Estimated
Horse Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Interior
Street Suffix HIGHWAY
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Internal Only
Street Number 1 1006
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* Excluded Features
List By
Berkshire Hathaway Homeservices Penfed Realty

Broker

sandra@commercialde.com

Email

Affordability Calculator

$56,966
Per Month
100%
0%
0%
Monthly Principal & Interest
$56,946
Monthly Property Taxes
$20
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2314408 Elementary School
2314409 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/27/2023$8,400,000 Listed Price

Map


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1006 Kings Highway, Lewes, DE, 19958 is a Lots and Land for sale at $8,568,000 with a lot size of 14.57. 1006 Kings Highway is a studio with 0.0 baths. The property's zip code is 19958 which is in Lewes, DE