0 Draper Road Milton, DE 19968

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Agent Description

Prime development opportunity in high-value Milton, Delaware. 48 acres +/- on Draper Rd. and Reynolds Rd. 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.

• Pricing and Costs

• Price:

  $4,305,000

• County Taxes:

  $100

• Property Information

• MLS Number:

  720769

• Type:

  Lots and Land

• Subtype:

  Lots and Land

• Listing Details

• Listing Office:

  LONG AND FOSTER-REHOBOTH

• Date Listed:

  May 25, 2017

• Days on Market:

  322

• Location Information

• Address:

  0 Draper Road

• City:

  Milton

• State:

  DE

• Zip Code:

  19968

• Interior

• Exterior

• Amenities

• School Information

This listing appears courtesy of the SCAOR MLS and Long and Foster-rehoboth. Data displayed here has not been verified by Ocean Atlantic Sotheby's Intl Realty.