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Listed by Christopher Nolte • Coldwell Banker Realty
$ 699,900
Est. payment /mo
Active
102 JOSHUA (6 BUILDING LOTS) LN Newark, DE 19711
2.28 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Phillips Mill
MLS Listing ID DENC2075638
HOA Y/N N
Annual Tax Amount $1,870
Tax Year 2024
Lot Size 2.280 Acres
Acres 2.28
Lot Dimensions 0.00 x 0.00
Property Sub-Type Land
Source BRIGHT
Property Description
This opportunity for a Builder/Contractor in The Historic Village of Phillips Mill presents a compelling prospect for those looking to invest in a distinctive luxury neighborhood. With 6 approved and developed lots, including 4 townhouse lots and 2 twins, there is a diverse range of housing options to cater to various preferences and needs. The mix of 17 homes, featuring mill homes, semi-detached homes, a 3-unit condo building, and a farmhouse, adds character to the neighborhood. All the necessary improvements have been completed, streamlining the building process for potential buyers. The convenience of having everything in place and ready for building permits simplifies the development process and reduces potential delays. The inclusion of building plans with the sale is a valuable addition. This not only saves time and effort for the buyer but also provides a clear vision for the potential development, enhancing the overall appeal of the offer. The property's short distance to the University of Delaware is a significant advantage. This proximity can attract a diverse range of potential residents, including faculty, and staff, making it an appealing location for various demographics. The mention of possible owner financing adds flexibility to the purchasing process. The package includes multiple lots (102, 104, 106, 108, 103, 105 Joshua Ln.), offering a comprehensive opportunity for a builder or contractor to make a substantial impact on the community. In conclusion, this property presents a great opportunity for a Builder/Contractor in a well-planned age restricted neighborhood. The combination of location, variety of housing options, ready-to-build status, included building plans, and possible seller financing makes this an attractive proposition for those looking to invest in a unique and upscale community.
Location
State DE
County New Castle
Area Newark/Glasgow (30905)
Zoning 18AC
Exterior
Utilities Available Natural Gas Available, Electric Available
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Christina
Others
Tax ID 18-006.00-253
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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