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Recreational Land for Sale in Millsboro, Delaware

Morris Mill Rd, Millsboro, DE 19966

$4,400,000
48.1 acres
Active
Est $32,048/mo

Attn Investors. Buy and Hold this remarkable, pristine, wooded parcel. Current zoning allows 2/units to the acre and quite possible when Artesian Water Co. installs the laterals. They are confirmed to provide all central utilities. Property is mostly wooded, with mature trees. Timber report is included, recently paid by Seller. The area is rural, but close to everything that the 2nd home buyer or local family's desire. Adjacent single family community selling prices are now $600k++. No heavy traffic, no night noises from living near downtown. A beautiful rectangular nearly 50 acre parcel within 20 minutes to the beaches. This parcel is in Level III. Near enough to the Town of Millsboro to qualify for partial AH or Workforce Housing incentives. Recent legislative agenda supports this location for future development. Seller offering a reduced price of $4mm to cash investors who settle within 12 months.

Location

Street address
Morris Mill Rd
School district
Indian River
Elevation
30 feet
Coordinates
38.633, -75.3046

Property details

Acreage
48.12 acres
MLS #
TREND DESU2089822
Posted

Nearby schools

NameLevelDistrictDescription
GeorgetownElementaryIndian River
Indian River High SchoolMiddleIndian River
Indian RiverHighIndian River

Listing history

DateEventPriceChangeSource
July 9, 2025New listing$4,400,000TREND
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This 48.12-acre property is located at Morris Mill Rd in Millsboro, DE 19966. The property is available for sale for $4,400,000 with a price per acre of $91,438.

Checked 1 hour ago — Updated

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Sandra Ware
Berkshire Hathaway HomeServices PenFed Realty
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