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39972 Fryers Ln Park, Unit Park, Fenwick Island, DE, 19944

$2,100,000

0.68 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #DESU2059922
Lot Size0.68 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 39972 Fryers 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 historic 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. Property is not in Fenwick Town Limits falls under Sussex County.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (443) 856-2211
  • Listing Agent: Nancy Reither

Lot Features

Lot Information:

  • Lot Size: 0.68 Acres

Other

Directions Information:

  • Directions: Take Coastal Hwy North to Rt 54/Lighthouse Rd. Turn right onto Fryers Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
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Housing Market Comparison

See how this home compares to others in Fenwick Island, DE.

Med. Sold Price

$1.1M

Med. Price/SqFt

$579

Avg. Days On Market

63

# of Sold Homes

4

39972 Fryers Ln Park vs Fenwick Island

219 DAYS ON ROCKET

+156 Days

$2,100,000

+$982.5K More

KEY TAKEAWAY

This property is $982.5K more than the Median Sold Price in Fenwick Island, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2059922

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (443) 856-2211
  • Listing Agent: Nancy Reither

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-636614
8
/10
  • Lord Baltimore Elementary School

  • 120 Atlantic Ave

  • 6.86 miles

  • Public District Grades KG-5

school-card-donut-636615
10
/10
  • Ocean City Elementary School

  • 12828 Center Dr

  • 7.82 miles

  • Public District Grades PK-4

school-card-donut-636616
9
/10
  • Showell Elementary School

  • 11318 Showell School Rd

  • 8.58 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,541. The most common annual income of people living in Fenwick Island, DE is between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 39972 Fryers Ln Park

What is the listing price of this property?

The listing price of 39972 Fryers Ln Park property is $2,100,000.

What type of property is this?

The property 39972 Fryers Ln Park is land located in Unit Park, Fenwick Island, Delaware, 19944.

Is this property for sale now?

Accepting Backup Offers: 39972 Fryers Ln Park is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How much acreage is this property?

The property 39972 Fryers Ln Park is 0.68 acres.
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Rocket Homes›Delaware›Sussex County›Fenwick Island›19944›39972 Fryers Ln Park

This home is located at 39972 Fryers Ln Park in Unit Park, Fenwick Island, DE and zip code 19944. This home sits on a 0.68 acre lot. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $2,100,000.

Over 1 listings were sold over their listed price in October 2024 in Fenwick Island, DE. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Fenwick Island, DE increased by 21.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,117,500, while the average time on the real estate market was 63 days.

From Rocket Homes Real Estate and based on county public records data.

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