CRESCENT PLACE, Frankford, DE 19945
CRESCENT PLACE, Frankford, DE 19945
CRESCENT PLACE, Frankford, DE 19945
CRESCENT PLACE, Frankford, DE 19945
CRESCENT PLACE, Frankford, DE 19945
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Listed by PAUL SICARI • Compass
$ 12,825,000
Est. payment | /mo

17 Acres Lot


Save
$ 12,825,000
Est. payment | /mo
Save

17 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID DESU2113320

HOA Y/N N

Lot Size 17.000 Acres

Acres 17.0

Lot Dimensions 0.00 x 0.00

Property Sub-Type Land

Source BRIGHT

Property Description

**Prime Development Opportunity: 57-Lot Subdivision Near Bethany Beach**

Secure a rare, high-velocity development opportunity with Crescent Place, a fully engineered 57-lot subdivision in Frankford, DE. This project is specifically designed for a single builder looking to capture the robust demand of the Bethany Beach corridor with a streamlined, high-margin product.

The site is currently under development, offering a clear and reliable timeline for vertical construction. With infrastructure moving forward, the project is scheduled to be paved and fully construction-ready by October 2026, allowing for precise inventory planning and a predictable sales launch.

Efficiency is at the core of this investment. The site plan features 57 lots optimized for slab foundations, significantly reducing site prep costs and construction cycle times. The project is organized under a condominium ownership structure, a strategic move that simplifies long-term maintenance and appeals to a wide demographic of buyers seeking a low-maintenance lifestyle. Technical specifications include generous 30' building envelopes with lot depths ranging from 67' to 93', providing the flexibility to accommodate a variety of modern floor plans.

Located just minutes from the coast, this Frankford address offers the perfect balance: a lower-density, boutique atmosphere that avoids the congestion of the immediate shoreline while maintaining proximity to the high-end amenities and beaches of Bethany. To further drive absorption and enhance the community's market position, the project includes a dedicated amenity package featuring a clubhouse and pool.

Crescent Place represents a turnkey pipeline for a developer ready to scale in one of Delaware's most resilient markets.

Location

State DE

County Sussex

Area Baltimore Hundred (31001)

Zoning MR

Exterior

Utilities Available Sewer Available, Water Available

Water Access N

Garage N

Building

Lot Description Additional Lot(s), Cleared, Other

Sewer Public Sewer

Water Public

Schools

Elementary Schools Lord Baltimore

Middle Schools Selbyville

High Schools Indian River

School District Indian River

Others

Tax ID 134-19.00-24.00

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)
Nearby Locations
Janell McIlwain
Janell McIlwain

Broker Associate | License ID: 594917 0225250514 SP200201530

+1(240) 416-9121 | janellsellshomes@gmail.com

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CRESCENT PLACE