Prime Investment Opportunity – 6 Lots on Cedar Street, Oak Orchard (Millsboro, DE) Rare opportunity to own six contiguous lots just two blocks from the Indian River Bay in the heart of Oak Orchard! This unique offering includes 2 commercially zoned C-1 lots and 4 General Residential (GR) zoned lots, providing a flexible canvas for both residential development and commercial use. Located in a vibrant and growing area with close proximity to waterfront dining, marinas, and scenic bay views, these lots offer endless potential for mixed-use development, multifamily housing, retail, or professional offices (subject to zoning regulations). Just minutes from downtown Millsboro and Route 24, and with utilities accessible, this property is perfectly positioned for savvy investors or developers looking to capitalize on a high-demand coastal community. 6 Lots two Commercial and 4 building lots. Tax Id are 234-34.08-49.00 and 234-34.08-49.02 thru 06. Just reduced, Will not last long at this price
Lot/land
$695,000
28364 Cedar St, Millsboro, DE 19966
--beds
--baths
0.76Acres
Unimproved Land
Built in ----
0.76 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 676 days |
- 15 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
R.T. GIVENS 302-856-4000,
LESTER REALTY INC. 3026743400
Source: Bright MLS,MLS#: DESU2070996
Facts & features
Property
Lot
- Size: 0.76 Acres
- Dimensions: 53.00 x 104.00
Details
- Parcel number: 23434.0849.03
- Zoning: GR
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Millsboro
Financial & listing details
- Tax assessed value: $44,800
- Annual tax amount: $37
- Date on market: 9/19/2024
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,305/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2025 | Price change | $695,000-17% |
Source:  Bright MLS #DESU2070996 Report a problem | ||
| 11/29/2024 | Price change | $837,000-10% |
Source: Bright MLS #DESU2070996 Report a problem | ||
| 9/19/2024 | Listed for sale | $930,000+56.3% |
Source: Bright MLS #DESU2070996 Report a problem | ||
| 6/30/2023 | Listing removed | $595,000 |
Source: Bright MLS #1001073462 Report a problem | ||
| 6/1/2022 | Price change | $595,000+40% |
Source: Bright MLS #1001073462 Report a problem | ||
| 10/16/2020 | Price change | $425,000+30.8% |
Source: LESTER REALTY INC. #1001073462 Report a problem | ||
| 7/11/2018 | Listed for sale | $325,000 |
Source: LESTER REALTY INC. #1001073462 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $96 +157.2% | $22,400 +2388.9% |
| 2024 | $37 +0.1% | $900 |
| 2023 | $37 +1.6% | $900 |
| 2022 | $37 +3.1% | $900 |
| 2021 | $35 +4.8% | $900 |
| 2020 | $34 | $900 |
| 2019 | $34 +0.4% | $900 |
| 2018 | $34 -0.9% | $900 |
| 2017 | $34 +12.5% | $900 |
| 2016 | $30 -3% | $900 |
| 2015 | $31 +1.5% | $900 |
| 2014 | $31 +5.9% | $900 |
| 2013 | $29 -2.8% | $900 |
| 2012 | $30 +1% | $900 |
| 2011 | $30 | $900 |
| 2010 | $30 +0.4% | $900 |
| 2009 | $29 | $900 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 19966
Nearby schools
GreatSchools rating
- 5/10Long Neck Elementary SchoolGrades: K-5Distance: 2.2 mi
- 4/10Millsboro Middle SchoolGrades: 6-8Distance: 6 mi
- 3/10Sussex Central High SchoolGrades: 9-12Distance: 8.3 mi
Schools provided by the listing agent
- District: Indian River
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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