Nancy Reither, Listing Office: Coldwell Banker Realty
Property details
About 40019 Everet Ln Park
This is a prime location in sought-after Fenwick Island! This is an extremely rare opportunity to purchase C-1 commercial land in Fenwick Island DE close to the beach and Atlantic Ocean. A salty breeze carries the scent of the Atlantic Ocean as you stand on these 4 commercially zoned C-1 parcels in Fenwick Island. Just a few blocks east the waves crash against the shore, a constant reminder of the area's beachside charm. The possibilities are endless. One potential would be a vibrant multifamily community development that caters to a variety of residents seeking a comfortable and convenient beach lifestyle. The development could offer a range of unit sizes, from cozy cottages to spacious multi-bedroom townhomes. The potential for shared amenities adds another layer to the multifamily living experience. Perhaps even a swimming pool or fitness center could be incorporated, creating a space for relaxation and healthy living. Other possibilities include a shopping center, multiple smaller retail businesses, and/or medical or other professional offices or leave as mobile home parks. This land is close to the Fenwick and Ocean City beaches, shops, restaurants, mini golf, water parks, and entertainment. The land is located off Rt 54 Lighthouse Rd and is currently used as a mobile home park (Gray's Lane Park) consisting of Tax ID 134-23.02-75.00-Park (18,295 sq ft) and Tax ID 134-23.02-76.00-Park (24,394 sq ft). Purchaser must buy both parcels at the same time. The historic Fenwick Island Lighthouse is directly next to the parcel and the historic lighthouse keeper's house is part of the sale. A possible Air B&B unique experience for that residence awaits! On the opposite side of the road is another mobile home park (Fryers Lane Park), consisting of Tax ID 134-23.02-56-Park (29,621 sq ft) and Tax ID 134-23.02-57.00-Park (30,492 sq ft). Purchaser must buy both parcels at the same time. Total acreage for the four parcels is 2.34 Acres (acreage on the North side of Rt. 54 is 1.36 Acres and the South Side of Rt. 54 is .98 Acres). Mobile homes belong to the tenants. The buyer must honor this season's existing rentals or settle on Nov. 1st after this coming rental season ends. PURCHASER MUST ALSO PURCHASE 39972 FRYERS LANE #PARK AND SETTLE BOTH PROPERTIES AT THE SAME TIME. TAX ID 134-23.20-56.00-PARK. Property is not in Fenwick Town Limits falls under Sussex County.
Highlights
(ACTIVE UNDER CONTRACT)
Summary
- MLS Number: DESU2059932
- MLS Name: BRIGHT
- Office Name: Coldwell Banker Realty
- Office Phone: (443) 856-2211
- Listing Agent: Nancy Reither
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$2,100,000
40019 Everet Ln Park
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Price information
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Nearby schools
8
Lord Baltimore Elementary School
Public District KG-5
6.8 mi
•120 Atlantic Ave
10
Ocean City Elementary School
Public District PK-4
7.8 mi
•12828 Center Dr
9
Showell Elementary School
Public District PK-3
8.6 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 $64,541. The majority of Unit Park, Fenwick Island, DE residents have income between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 40019 Everet Ln Park
This home is located at 40019 Everet Ln Park in Unit Park, Fenwick Island, DE and zip code 19944. Features: 0 bathroom. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $2,100,000.
In December 2024, from all listings sold in Unit Park, Fenwick Island, DE there were more than 0 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Unit Park, Fenwick Island, DE between November and December 2024 decreased by 21.1%. The median list price of listings available in December 2024 was $1,250,000, while the average time on the real estate market was 25 days.