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Agricultural Land with Home for Sale in Greenwood, Delaware

5659 Penney Creek Rd, Greenwood, DE 19950

$875,000
72 acres
Active
ago
Est $4,384/mo

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.

1,904
Sq feet
3
Beds
1
Full bath
1
1/2 bath
1987
Built

Location

Street address
5659 Penney Creek Rd
School district
Woodbridge
Elevation
48 feet
Coordinates
38.8074, -75.6553

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

DateEventPriceChangeSource
Jan 12, 2026New listing$875,000TREND
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This 71.93-acre property is located at 5659 Penney Creek Rd in Greenwood, DE 19950. The property is available for sale for $875,000. It has a 1,904 sq ft 3 bedroom, 1 bath house built in 1987.

Checked 2 hours ago — Updated

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