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For Sale

$2,585,000

PLANTATIONS RD
Rehoboth Beach, DE 19971

Development opportunity on Alternate Rt.1, Plantations Rd at traffic light with two entrances, sewer approval & water off of Plantations Rd - Zoned B-1. Cross Easement agreement with land owners next door offer lower development costs to both owners through shared costs of entrances, sewer & water fee's etc. A no brainer for development potential with road expansions approved and growth along North, South and West corridors. Property offers great visibility from North & South Plantations Rd, West from Postal Lane and off of Cedar Grove Rd. Retail, medical office, restaurants, etc... Amenities needed! Read More

Market Status
Sale Pending
Last Updated
May 18, 2021

Property Type
Land
Architecture
Lots/Acreage
Taxes
1101
Property Type
Lots And Land;

Local Market Conditions

There are currently 62 properties for sale in the Rehoboth Beach, DE area with the average listing price of $1,347,851. This represents an increase of +1.4% over the previous week. The 4 bedroom homes saw the largest increase in the average listing price over the previous week with a +6.1% increase. To learn more about the Rehoboth Beach, DE area, contact a local expert!

Market Snapshot for Rehoboth Beach, DE

Avg. Listing Price

$1,347,851

Wk ending May 15

$+18,765

+1.4%

w-o-w

62

588

91

84

70

49

Average Listing Price for Rehoboth Beach, DE
No. BedroomsNo. Beds Week Ending
(May 15)
w-o-w Week Ending
(May 8)
Week Ending
(May 1)
Week Ending
(Apr 24)
All PropertiesAll $1,347,851 +1.4% $1,329,086 $1,349,436 $1,333,618
1 bedroom1 BR - +0.0% - - -
2 bedrooms2 BR $897,490 -5.2% $946,363 $793,580 $669,891
3 bedrooms3 BR $581,985 -3.5% $602,839 $579,264 $576,567
4 bedrooms4 BR $1,120,015 +6.1% $1,055,732 $1,309,617 $1,249,217

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Listing Provided By:

Sherri Martin

Jack Lingo, Inc., REALTOR (Rehoboth)

Phone
This $2,585,000 Land at PLANTATIONS RD in Rehoboth Beach, DE is offered by Sherri Martin. This $2,585,000 Land, located in the 19971 zip code, has the following property features: Taxes, Property Type. This PLANTATIONS RD Land, located in Sussex County , is listed under MLS listing number DESU171212 and has a listing price of $2,585,000. You can find more of Sherri Martin's listings by browsing Sherri Martin homes for sale at HomesAndLand.com, or even more Rehoboth Beach homes for sale here.

Data Provided by Bright MLS

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