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Lot/land
  • Price cut: $10.5K (5/18)
    $149,500

    22969 Magnolia Dr, Lewes, DE 19958

    --beds
    --baths
    0.34Acres
    Unimproved Land
    Built in ----
    0.34 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern coastal homesFlexible building possibilitiesSerene coastal livingVacant lotPromising propertySavvy investmentPublic utilities on site
    Discover an exceptional opportunity to secure your place in one of Delaware’s most desirable coastal regions. This vacant lot, ideally situated just minutes from both Rehoboth Beach and Rehoboth Bay, offers the perfect balance of serene coastal living and investment potential. Nestled in the vibrant Lewes–Rehoboth corridor, this location is quickly transforming into one of the area’s most sought-after enclaves. While the surrounding neighborhood retains its original character, signs of renewal and revitalization are unmistakable—new construction, thoughtful redevelopment, and a wave of modern coastal homes are setting the stage for impressive long-term value growth. Enjoy the convenience of being only a short drive or bike ride to downtown Lewes, the charming boutiques and restaurants of Rehoboth Avenue, and the endless recreational opportunities of the Rehoboth Bay—from boating and paddleboarding to crabbing and sunset cruises. With public utilities on site and flexible building possibilities, this parcel presents the perfect canvas for your dream coastal home or a savvy investment in an area poised for appreciation. Whether you envision a modern beach cottage, a full-time residence, or a long-term investment property, the timing couldn’t be better to secure your stake in a community on the rise. Build your vision. Watch the neighborhood evolve. And enjoy all that coastal Delaware living has to offer—from world-class beaches to charming seaside towns—all within easy reach of this promising property.
    270 days
    |
    129
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    ASHLEY BROSNAHAN 302-841-4200,

    Long & Foster Real Estate, Inc. (302) 539-9040,

    Listing Team: The Ashley Brosnahan Team, Co-Listing Team: The Ashley Brosnahan Team,Co-Listing Agent: Neil Brosnahan 302-462-6196,

    Long & Foster Real Estate, Inc.

    Source: Bright MLS,MLS#: DESU2099362MLS Logo

      Facts & features

      Property

      Lot
      • Size: 0.34 Acres
      • Dimensions: 100.00 x 150.00
      Details
      • Parcel number: 23412.1878.01
      • Zoning: GR
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Public Hook/Up Avail
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Lewes

      Financial & listing details

      • Tax assessed value: $81,100
      • Annual tax amount: $171
      • Date on market: 10/28/2025
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,252/mo

        Price history

        DateEventPrice
        5/18/2026Price change$149,500-6.6%
        Source: Bright MLS #DESU2099362 Report a problem
        10/28/2025Listed for sale$160,000-13.5%
        Source: Bright MLS #DESU2099362 Report a problem
        2/15/2022Sold$185,000+270%
        Source: Agent Provided Report a problem
        11/15/2019Listing removed$50,000
        Source: Keller Williams Realty #DESU134234 Report a problem
        6/26/2019Price change$50,000-9.1%
        Source: Keller Williams Realty #DESU134234 Report a problem
        3/19/2019Listed for sale$55,000
        Source: KELLER WILLIAMS REALTY #DESU134234 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$171 +73.8%$40,550 +1927.5%
        2024$99 +0.1%$2,000
        2023$98 +3.6%$2,000
        2022$95 +0.9%$2,000
        2021$94 +0.3%$2,000
        2020$94 $2,000
        2019$94 -0.1%$2,000
        2018$94 +7.1%$2,000
        2017$88 +9.9%$2,000
        2016$80 +4.7%$2,000
        2015$76 +0.7%$2,000
        2014$76 +2.9%$2,000
        2013$74 +0.4%$2,000
        2012$73 +11.9%$2,000
        2011$66 $2,000
        2010$66 -3%$2,000
        2009$68 $2,000
        2008-- --
        2007-- --
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 19958

        Getting around

        0 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Cape Henlopen

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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