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Marjorie Dick Stuart

  • Cell 240-731-8079
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48.1 Acres Morris Mill Rd, MILLSBORO, DE – $4,400,000

  • $4.4M Price
  • 48.12 Acres
  • 43 DOM
  • $4.4M Price
  • 48.12 Acres
  • 43 DOM

48.1 Acres Morris Mill Rd

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.

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Essential Information

  • MLS® #DESU2089822
  • Price$4,400,000
  • Bathrooms0.00
  • Acres48.12
  • TypeLand
  • Sub-TypeLand
  • StatusActive

Community Information

  • Address48.1 Acres Morris Mill Rd
  • AreaIndian River Hundred (31008)
  • CityMILLSBORO
  • CountySUSSEX-DE
  • StateDE
  • Zip Code19966

Amenities

  • ViewTrees/Woods

Utilities

Sewer Available, Water Available

Exterior

  • Lot DescriptionLevel, Trees/Wooded

School Information

  • DistrictINDIAN RIVER
  • ElementaryGEORGETOWN
  • MiddleINDIAN RIVER HIGH SCHOOL
  • HighINDIAN RIVER

Additional Information

  • Date ListedJuly 9th, 2025
  • Days on Market43
  • ZoningAR-1

Listing Details

  • Office Contact3022276101

Office

Berkshire Hathaway HomeServices PenFed Realty

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Listing information last updated on August 20th, 2025 at 3:16pm CDT.