0 Draper Rd,
Milton, De 19968
$2,952,000

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Prime development opportunity in high-value Milton, Delaware. 49.2 acres +/- on Draper Rd. and Reynolds Rd. Farm house is included in sale. Zoned AR-1, agricultural/ residential. Property is largely cleared with some wooded area. Pls see Disclosure attachments for latest Boundary Survey Plan (June 2016), plus photos. Perk tests have been done on adjacent property and results were excellent for drainage (info provided by Seller). See photos for mapped location - property is in close proximity to Route 1, Coastal Highway and a short drive to the coastal towns of Lewes and Rehoboth Beach, Delaware. Excellent road frontage on both Reynolds Road and Draper Road, close to Union Street Extended.According to website city-data.com, the cost of living index in Milton is rated at 86.3 based on a national average of 100, indicating that cost of living is about 14% less than the U.S. average. Property is outside of Milton town limits. Condition of sale - farmer can harvest existing crops.


Essentials

MLS Number
1001567348
List Price
$2,952,000
Standard Status
Active
Property Type
Land
Waterfront
N

Location

Address
0 Draper Rd, Milton, De
Acres
49.20
Lot Features
Cleared, corner, irregular, partly Wooded, subdivision Possible

Interior

Interior Features

    Appliances

      Additional Information

      School District
      Cape Henlopen

      Listing courtesy of Long & Foster Real Estate, Inc..