
Agricultural Land with Home for Sale in Greenwood, Delaware
5659 Penney Creek Rd, Greenwood, DE 19950
Discover the untapped potential of this expansive 70+/- acre property, possibly suited for a horse training facility or a private country homestead. The property includes two distinct living quarters, providing options for owner-occupancy or consistent rental income. The classic farmhouse features three bedrooms and 1.5 bathrooms, while a separate 2-bedroom, 2-bathroom trailer is currently occupied by a tenant. Both residences are equipped with electric heat and window AC units. Each dwelling is serviced by its own dedicated well. There are several outbuildings on the property, including a wash bay and on-site bathroom. The property features a half-mile racetrack; while currently overgrown, the foundation remains, offering a straightforward restoration project to return it to its former glory. Supporting the land is a massive hay barn with high-volume storage and an expansive long shed that houses a shop and deep bays for tractor and equipment parking. This secondary workspace also includes a small office with a sink, great for administrative tasks or shop management. Property being sold as-is, where-is with no guarantees or warranties.
Location
- Street address
- 5659 Penney Creek Rd
- County
- Sussex County
- School district
- Woodbridge
- Elevation
- 48 feet
Property details
- Acreage
- 71.93 acres
- MLS #
- TREND DESU2102780
- Posted
Property taxes
- Recent
- $1,155
Parcels
- 530-8.00-23.00
Details and features
Listing
- Type
- Residential
- Conditions
- In Foreclosure
- Franchise
- Keller Williams Realty
Structure
- Style
- Rambler
- Stories
- 2
- Cooling
- Window Unit(s)
- Materials
- Frame
Interior
- Rooms
- Bathroom x 2, Bedroom x 3
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 12, 2026 | New listing | $875,000 | — | TREND |












































































