A RARE FIND! PERFECT DEVELOPMENT POTENTIAL! PRIME Real Estate in Eastern Sussex County just minutes to the DE Beaches and resort areas of the Atlantic Ocean. It is literally less than 8 miles to walk on the beach. Currently zoned AR1. This farm would be perfect for the Developer, Equestrian and/or Land Lover. Are you a Venture Capitalist looking to secure an amazing investment opportunity to grow his/her portfolio? This is your chance to own and control a massive piece of land in an area bursting with new development and growth both in residential and commercial. The natural landscape will make for an amazing new home subdivision with easy access to both Rt 113 and Rt 1 corridors. Location is as it feels-rural- but, yet convenient enough to be minutes from a myriad of restaurants, employment, and big box stores. It is also located less than 2 miles from the new Beebe Hospital South Coastal Campus. What a great selling feature for a new home community that healthcare is literally 5 minutes away! Existing trailer and a few older buildings are included with the sale. Ability to tap into a local water source is a possibility. There is also potential to be annexed to a near by small town for access to existing water/sewer which would increase density options for development. Don’t miss your chance to own this beautiful farm. A famous man once said-“The best investment on earth, is earth.” -Louis Glickman. Get yours now!
Under contract
$3,804,000
34311 Horse Play Way, Frankford, DE 19945
--beds
--baths
50.72Acres
Unimproved Land
Built in ----
50.72 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1489 days |
- 11 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Sheri E Smith 443-614-2825,
Keller Williams Realty Delmarva 4105246400
Source: Bright MLS,MLS#: DESU2025854
Facts & features
Property
Features
- Has view: Yes
- View description: Other
Lot
- Size: 50.72 Acres
- Features: Additional Lot(s), Backs to Trees, No Thru Street, Not In Development, Private, Rural, Secluded
Details
- Additional parcels included: 13415.0015.02
- Parcel number: 13415.0015.01
- Zoning: AR-1
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Exists
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Frankford
Financial & listing details
- Tax assessed value: $562,500
- Annual tax amount: $664
- Date on market: 7/27/2022
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Trailer & Existing Sheds / Buildings
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,423/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2022 | Contingent | $3,804,000 |
Source:  Bright MLS #DESU2025854 Report a problem | ||
| 7/28/2022 | Listed for sale | $3,804,000 |
Source: Bright MLS #DESU2025854 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $664 -47.1% | $281,250 +1034.1% |
| 2024 | $1,256 +0.1% | $24,800 |
| 2023 | $1,255 +1.3% | $24,800 |
| 2022 | $1,239 +2.5% | $24,800 |
| 2021 | $1,209 +8.3% | $24,800 |
| 2020 | $1,116 | $24,800 |
| 2019 | $1,116 +1.5% | $24,800 |
| 2018 | $1,100 +2.5% | $24,800 |
| 2017 | $1,073 +10.8% | $24,800 |
| 2016 | $969 -4% | $24,800 |
| 2015 | $1,009 +1.3% | $24,800 |
| 2014 | $996 | $24,800 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 19945
Nearby schools
GreatSchools rating
- 8/10Lord Baltimore Elementary SchoolGrades: K-5Distance: 3.7 mi
- 7/10Selbyville Middle SchoolGrades: 6-8Distance: 4.8 mi
- 6/10Indian River High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: East Millsboro
- Middle: Millsboro
- High: Sussex Central
- 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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