102 Joshua (6 Building Lots) Ln Newark, DE 19711
Estimated payment $4,021/month
About This Lot
This opportunity for a Builder/Contractor in The Historic Village of Phillips Mill presents a compelling prospect for those looking to invest in a distinctive luxury neighborhood. With 6 approved and developed lots, including 4 townhouse lots and 2 twins, there is a diverse range of housing options to cater to various preferences and needs. The mix of 17 homes, featuring mill homes, semi-detached homes, a 3-unit condo building, and a farmhouse, adds character to the neighborhood. All the necessary improvements have been completed, streamlining the building process for potential buyers. The convenience of having everything in place and ready for building permits simplifies the development process and reduces potential delays. The inclusion of building plans with the sale is a valuable addition. This not only saves time and effort for the buyer but also provides a clear vision for the potential development, enhancing the overall appeal of the offer. The property's short distance to the University of Delaware is a significant advantage. This proximity can attract a diverse range of potential residents, including faculty, and staff, making it an appealing location for various demographics. The mention of possible owner financing adds flexibility to the purchasing process. The package includes multiple lots (102, 104, 106, 108, 103, 105 Joshua Ln.), offering a comprehensive opportunity for a builder or contractor to make a substantial impact on the community. In conclusion, this property presents a great opportunity for a Builder/Contractor in a well-planned age restricted neighborhood. The combination of location, variety of housing options, ready-to-build status, included building plans, and possible seller financing makes this an attractive proposition for those looking to invest in a unique and upscale community.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,870
Lot Details
- 2.28 Acre Lot
- 6 approved and developed lots, including 4 townhouse lots and 2 twins
- Property is zoned 18AC
Community Details
- No Home Owners Association
- Phillips Mill Subdivision
Listing and Financial Details
- Tax Lot 253
- Assessor Parcel Number 18-006.00-253
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/06/2025 02/06/25 | For Sale | $699,900 | -- | -- |
Source: Bright MLS
MLS Number: DENC2075638

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