1 year on rocket

Sale Pending

1006 Kings Hwy, Lewes, DE, 19958

$8,568,000

14.57 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
ViewPasture
MLS #DESU2035146
Lot Size14.57 Acres
StatusSale Pending
(PENDING)

About 1006 Kings Hwy

One of the last large parcels adjacent to the City limits, ideal for potential development and annexation and never sold before. 3 other separate family lots are being sold together to total 14.57 (+/-) acres. Currently most of the 14.57 acres lies in the County, but the City supplies utilities. Three single family homes are occupied and are being sold with the land as a convenience to the Buyer. The Bike Trail fronts the Savannah Rd side of the property, and the Kings Hwy side shares an entrance with a small strip center. Dutchmans' Harvest condos are being completed on the Savannah Rd side of the property, just one lot away. Please check the discoveries on file showing all of the City zoning uses. Lewes is well known as a peaceful refuge from the modern world, thanks in part to the coastal cuisine, intimate boutiques and antique shops that line Second St. Beaches, State Parks and more await you, quoted from visitDelaware.com. First right of refusal. Call Listing Agent with any questions. Contract requirements written by Sellers are in the discoveries.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (302) 227-6101
  • Listing Agent: SANDRA L WARE

Exterior Features

Exterior Information:

  • View: Pasture

Lot Features

Lot Information:

  • Lot: Cleared, Interior Lot, Irregular Lot, Level, Split Possible
  • Lot Size: 14.57 Acres

School Info

Assigned Schools Information:

  • Cape Henlopen High School, Public District Grades 8-12
  • Beacon Middle School, Public District Grades 4-8
  • Shields (Richard A.) Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Just past Cape Henlopen High School main entrance, next to new Senior Living facility, on Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,568,000

Tax Information:

  • Annual Amount: $243
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lewes, DE.

Med. Sold Price

$582.2K

Med. Price/SqFt

$268

Avg. Days On Market

59

# of Sold Homes

61

1006 Kings Hwy vs Lewes

447 DAYS ON ROCKET

+388 Days

$8,568,000

+$7.9M More

KEY TAKEAWAY

This property is $7.9M more than the Median Sold Price in Lewes, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2035146

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (302) 227-6101
  • Listing Agent: SANDRA L WARE

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2024, 4:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$243$5,150
2020$241$5,150
2018$226$5,150

History based on county public records data.

Payment Calculator

$42.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$25.7K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-326286
8
/10
  • Shields (Richard A.) Elementary School

  • 910 Shields Ave

  • 0.48 miles

  • Public District Grades PK-5

Middle School

school-card-donut-326287
7
/10
  • Beacon Middle School

  • 19483 John J Williams Hwy

  • 3.24 miles

  • Public District Grades 4-8

High School

school-card-donut-326288
5
/10
  • Cape Henlopen High School

  • 1250 Kings Hwy

  • 0.30 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,919. Typical income of Lewes, DE residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Lewes, DE

What type of housing is available in Lewes, DE?

Single detached homes are the main housing type, representing the majority of dwellings in Lewes, but mobile homes are also present in the housing stock. The median year of construction for buildings in this city is 1985. This city offers mainly four or more bedroom and three bedroom homes. Roughly 80% of the units in the city are occupied by homeowners while the remainder are rented.

Is Lewes, DE a good place to live?

Lewes is quiet, as the streets are generally quite calm - although there are still several louder sections, especially close to the railway line.

Are things conveniently located in Lewes, DE?

High schools and primary schools are not especially plentiful in Lewes, and thus tend to be an extended walk away. Locals are served by public and private elementary schools. As far as eating is concerned, in all cases, a car is required in Lewes to access the nearest grocery store. There are also a few opportunities for those who care about nearby restaurants and cafes.

What does the transportation in Lewes, DE look like?

Driving is very often the best method to get around in Lewes. Nearby highways are very easy to drive to from anywhere in this city, and it is especially convenient to come across a parking spot. However, Lewes is not very transit friendly. Nevertheless, there are a few bus lines crossing the city. Traveling on foot is not very feasible for property owners in Lewes as very few daily needs can be carried out without having to resort to a vehicle.

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Frequently Asked Questions About 1006 Kings Hwy

What is the listing price of this property?

The listing price of 1006 Kings Hwy property is $8,568,000.

What type of property is this?

The property 1006 Kings Hwy is land located in Lewes, Delaware, 19958.

Is this property for sale now?

Sale Pending: 1006 Kings Hwy is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1006 Kings Hwy are:
Shields (Richard A.) Elementary School: GreatSchools Rating 8/10
Beacon Middle School: GreatSchools Rating 7/10
Cape Henlopen High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $243 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1006 Kings Hwy is 14.57 acres.
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Rocket HomesDelawareSussex CountyLewes199581006 Kings Hwy

This home is located at 1006 Kings Hwy in Lewes, DE and zip code 19958. This home sits on a 14.57 acre lot. It has been listed on Rocket Homes since January 27, 2023 and is currently priced at $8,568,000.

In March 2024, from all listings sold in Lewes, DE there were more than 12 sold above asking price, over 34 sold below and more than 15 were sold right at the asked price. The number of listings in Lewes, DE increased by 8.6% between February 2024 and March 2024. Listings spent 59 days on the market in March 2024, and had a median list price of $582,290 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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