#DESU2080218, Mitchell Donovan, Listing office: Coldwell Banker Realty
Property details
About 32474 Lighthouse Rd
Prime commercial location in Selbyville of 10.09 acres. This is a rare commercial development opportunity on the busy intersection of Lighthouse Sound Rd. (Route 54) and Hudson Rd. There are already many existing new homes surrounding this property and more than 3,200 additional homes are coming soon. This is the perfect location for a shopping center, multiple smaller retail businesses, and/or medical or other professional offices to serve these homes and the entire Selbyville, Bayside, Fenwick, Ocean City area. The Seller will finance up to 70% of the purchase price at 1 percent below the current prime lending rate for up to 5 years. If you are interested in only the highly visible corner piece on Hudson Rd. and RT 54 seller will sell a 3-acre parcel on that corner for $3 million. This is an incredible business opportunity. The property is located 8 miles from the beach.
Highlights
(ACTIVE)
Summary
- List Price: $7,900,000
- Annual Tax Amount: $610
- Tax Year: 2024
- Directions: From North Ocean City take Coastal Hwy to Rt 54. Follow Rt 54. The property is right before the crossing with Hudson Rd. 32474 Lighthouse Rd.
- Lot Size: 10.09 Acres
- MLS Number: DESU2044978
- MLS Name: BRIGHT
- Office Name: Coldwell Banker Realty
- Office Phone: (443) 856-2211
- Listing Agent: Nancy Reither
- Agent Phone: (410) 603-5050
- Agent Email: nreither@cbmove.com
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Last updated on: 7/22/2025, 7:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 21, 2019 | Home Sold | $1,633,500 |
Aug 11, 2017 | Home Sold | $1,500,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $16,950 | $610 |
2023 | $16,950 | $610 |
2022 | $16,950 | $601 |
2021 | $16,950 | $586 |
2020 | $5,800 | $218 |
History based on county public records data.
Nearby schools
8
Lord Baltimore Elementary School
Public District KG-5
5.0 mi
•120 Atlantic Ave
7
Showell (Phillip C.) Elementary School
Public District KG-5
5.8 mi
•41 Bethany Rd
9
Showell Elementary School
Public District PK-3
7.3 mi
•11318 Showell School Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,707. Typical income of Selbyville, DE residents is between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 32474 Lighthouse Rd
The listing price of 32474 Lighthouse Rd property is $7,900,000.
The property 32474 Lighthouse Rd is land located in Selbyville, Delaware, 19975.
Active Listing: 32474 Lighthouse Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 32474 Lighthouse Rd are: Lord Baltimore Elementary School (GreatSchools Rating 8/10), Showell (Phillip C.) Elementary School (GreatSchools Rating 7/10), Showell Elementary School (GreatSchools Rating 9/10), Selbyville Middle School (GreatSchools Rating 5/10), Southern Delaware School of the Arts (GreatSchools Rating 8/10), Stephen Decatur Middle School (GreatSchools Rating 10/10), Indian River High School (GreatSchools Rating 5/10), Stephen Decatur High School (GreatSchools Rating 5/10), Sussex Central High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $610 (source: MLS/based on county public records data).
The last sale was on March 21, 2019 for $1,633,500 (source: MLS/tax record).
The property 32474 Lighthouse Rd is 10.09 acres.
This home is located at 32474 Lighthouse Rd in Selbyville, DE and zip code 19975. Features: 0 bathroom. It has been listed on Rocket Homes since July 25, 2023 and is currently priced at $7,900,000.
The number of homes for sale in Selbyville, DE increased by 36.4% between May and June 2025. Listings spent 93 days on the market in June 2025, and had a median list price of $570,945 during the same period.