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50-acres-morris-mill-rd,millsboro,de,19966

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50 acres Morris Mill Rd

Millsboro, DE, 19966

For Sale $4,000,000

$4,000,000

☆☆☆☆☆★★★★★
Not Rated
(0)

Units
Unknown Sq Ft
2,178,000 Sq Ft
Unknown Cap Rate

Description

Remarkable, pristine wooded parcel. Millsboro address, East of US Hwy 113, but a quick jaunt to Town of Millsboro & down to Rte. 24 or N to Rte. 9. Current zoning allows 2/units to the acre and ideally with central utilities coming soon, this is workable. Artesian to supply both the water & sewer (must verify their timetable). See letter in Documents online. Activity in this area for development is ongoing. Property is mostly wooded, with mature trees. The area is rural, but close to everything that the 2nd home buyer or local families desire. Adjacent community selling prices are now $600k-$800k. No heavy traffic, no night noises from living near downtown. A beautiful rectangular 50 acre parcel within 20 minutes to the beaches. This parcel is in Level III. Near enough to the Town of Millsboro to qualify for partial AH or WH incentives. Seller understands development process and the wait time.

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Amenities

Garage

Pool

Garden

Security System

Internet

Telephone

Heating

Fireplace

Balcony & Patio

TV / Cable

Laundry

Hardwood Floors

Spa

Air Conditioning

Solar Power

Floor Plan

Great Views

Natural Light

Quiet

Water View

Elevator

Guest Unit(s)

Furnished

220 Volt

Property Details

List Price	$4,000,000
Property Type	Other
Usable Sqft	Unknown
Number of Stories	0 stories
Parking Spots	0 spots
Year Built	0
Last Sold	Unknown
Sold Price	Unknown

APN #	23420.0022.00
MLS #	DESU2032790
Property ID	318948871
Lot Sqft	2,178,000
Zoning	AR-1
Days on Market	849
Original List Price	Unknown
Date Updated	February 11, 2025
Date Created	November 24, 2022

Financials

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

SANDRA L WARE an agent of . Lic #RS-0013446

© 2025 Copyright BRIGHT, All Rights Reserved

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 Closed or are no longer being offered for sale.

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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.

Information Deemed Reliable But Not Guaranteed

Data last updated: March 22, 2025.

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$28,136
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Estimated payment	$28,136 /mo
Loan amount	$4,000,000
Down payment	$0
Interest rate	7.5%
Loan term	30 years
Taxes & insurance included?	YES
Property tax	1.2%/YR
Homeowner's insurance	$67/mo
HOA dues	$0/mo

Payment Breakdown

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Your payment
$28,136
per month

Amortization

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Principal vs. interest

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Amortization Schedule

Over 360 months you will spend $6,068,274 in interest.

MONTH	PRINCIPAL & INTEREST	PRINCIPAL	INTEREST	PRINCIPAL REMAINING
1	$27,969	$2,969	$25,000	$3,997,031
2	$27,969	$2,988	$24,981	$3,994,043
3	$27,969	$3,006	$24,963	$3,991,037
4	$27,969	$3,025	$24,944	$3,988,012
5	$27,969	$3,044	$24,925	$3,984,968
6	$27,969	$3,063	$24,906	$3,981,905
7	$27,969	$3,082	$24,887	$3,978,823
8	$27,969	$3,101	$24,868	$3,975,722
9	$27,969	$3,121	$24,848	$3,972,601
10	$27,969	$3,140	$24,829	$3,969,461
11	$27,969	$3,160	$24,809	$3,966,301
12	$27,969	$3,180	$24,789	$3,963,121
13	$27,969	$3,199	$24,770	$3,959,922
14	$27,969	$3,219	$24,750	$3,956,702
15	$27,969	$3,240	$24,729	$3,953,463
16	$27,969	$3,260	$24,709	$3,950,203
17	$27,969	$3,280	$24,689	$3,946,923
18	$27,969	$3,301	$24,668	$3,943,622
19	$27,969	$3,321	$24,648	$3,940,301
20	$27,969	$3,342	$24,627	$3,936,959
21	$27,969	$3,363	$24,606	$3,933,596
22	$27,969	$3,384	$24,585	$3,930,211
23	$27,969	$3,405	$24,564	$3,926,806
24	$27,969	$3,426	$24,543	$3,923,380
25	$27,969	$3,448	$24,521	$3,919,932
26	$27,969	$3,469	$24,500	$3,916,463
27	$27,969	$3,491	$24,478	$3,912,971
28	$27,969	$3,513	$24,456	$3,909,458
29	$27,969	$3,535	$24,434	$3,905,924
30	$27,969	$3,557	$24,412	$3,902,367
31	$27,969	$3,579	$24,390	$3,898,787
32	$27,969	$3,602	$24,367	$3,895,186
33	$27,969	$3,624	$24,345	$3,891,562
34	$27,969	$3,647	$24,322	$3,887,915
35	$27,969	$3,670	$24,299	$3,884,245
36	$27,969	$3,692	$24,277	$3,880,553
37	$27,969	$3,716	$24,253	$3,876,837
38	$27,969	$3,739	$24,230	$3,873,099
39	$27,969	$3,762	$24,207	$3,869,337
40	$27,969	$3,786	$24,183	$3,865,551
41	$27,969	$3,809	$24,160	$3,861,742
42	$27,969	$3,833	$24,136	$3,857,909
43	$27,969	$3,857	$24,112	$3,854,051
44	$27,969	$3,881	$24,088	$3,850,170
45	$27,969	$3,905	$24,064	$3,846,265
46	$27,969	$3,930	$24,039	$3,842,335
47	$27,969	$3,954	$24,015	$3,838,381
48	$27,969	$3,979	$23,990	$3,834,401
49	$27,969	$4,004	$23,965	$3,830,397
50	$27,969	$4,029	$23,940	$3,826,368
51	$27,969	$4,054	$23,915	$3,822,314
52	$27,969	$4,080	$23,889	$3,818,235
53	$27,969	$4,105	$23,864	$3,814,130
54	$27,969	$4,131	$23,838	$3,809,999
55	$27,969	$4,157	$23,812	$3,805,842
56	$27,969	$4,182	$23,787	$3,801,660
57	$27,969	$4,209	$23,760	$3,797,451
58	$27,969	$4,235	$23,734	$3,793,216
59	$27,969	$4,261	$23,708	$3,788,955
60	$27,969	$4,288	$23,681	$3,784,667
61	$27,969	$4,315	$23,654	$3,780,352
62	$27,969	$4,342	$23,627	$3,776,010
63	$27,969	$4,369	$23,600	$3,771,641
64	$27,969	$4,396	$23,573	$3,767,245
65	$27,969	$4,424	$23,545	$3,762,821
66	$27,969	$4,451	$23,518	$3,758,370
67	$27,969	$4,479	$23,490	$3,753,891
68	$27,969	$4,507	$23,462	$3,749,384
69	$27,969	$4,535	$23,434	$3,744,848
70	$27,969	$4,564	$23,405	$3,740,285
71	$27,969	$4,592	$23,377	$3,735,692
72	$27,969	$4,621	$23,348	$3,731,072
73	$27,969	$4,650	$23,319	$3,726,422
74	$27,969	$4,679	$23,290	$3,721,743
75	$27,969	$4,708	$23,261	$3,717,035
76	$27,969	$4,738	$23,231	$3,712,297
77	$27,969	$4,767	$23,202	$3,707,530
78	$27,969	$4,797	$23,172	$3,702,733
79	$27,969	$4,827	$23,142	$3,697,906
80	$27,969	$4,857	$23,112	$3,693,049
81	$27,969	$4,887	$23,082	$3,688,162
82	$27,969	$4,918	$23,051	$3,683,244
83	$27,969	$4,949	$23,020	$3,678,295
84	$27,969	$4,980	$22,989	$3,673,315
85	$27,969	$5,011	$22,958	$3,668,305
86	$27,969	$5,042	$22,927	$3,663,262
87	$27,969	$5,074	$22,895	$3,658,189
88	$27,969	$5,105	$22,864	$3,653,084
89	$27,969	$5,137	$22,832	$3,647,946
90	$27,969	$5,169	$22,800	$3,642,777
91	$27,969	$5,202	$22,767	$3,637,575
92	$27,969	$5,234	$22,735	$3,632,341
93	$27,969	$5,267	$22,702	$3,627,074
94	$27,969	$5,300	$22,669	$3,621,774
95	$27,969	$5,333	$22,636	$3,616,442
96	$27,969	$5,366	$22,603	$3,611,075
97	$27,969	$5,400	$22,569	$3,605,676
98	$27,969	$5,434	$22,535	$3,600,242
99	$27,969	$5,467	$22,502	$3,594,775
100	$27,969	$5,502	$22,467	$3,589,273
101	$27,969	$5,536	$22,433	$3,583,737
102	$27,969	$5,571	$22,398	$3,578,166
103	$27,969	$5,605	$22,364	$3,572,561
104	$27,969	$5,641	$22,329	$3,566,920
105	$27,969	$5,676	$22,293	$3,561,244
106	$27,969	$5,711	$22,258	$3,555,533
107	$27,969	$5,747	$22,222	$3,549,786
108	$27,969	$5,783	$22,186	$3,544,004
109	$27,969	$5,819	$22,150	$3,538,185
110	$27,969	$5,855	$22,114	$3,532,329
111	$27,969	$5,892	$22,077	$3,526,437
112	$27,969	$5,929	$22,040	$3,520,508
113	$27,969	$5,966	$22,003	$3,514,543
114	$27,969	$6,003	$21,966	$3,508,540
115	$27,969	$6,041	$21,928	$3,502,499
116	$27,969	$6,078	$21,891	$3,496,421
117	$27,969	$6,116	$21,853	$3,490,304
118	$27,969	$6,155	$21,814	$3,484,150
119	$27,969	$6,193	$21,776	$3,477,956
120	$27,969	$6,232	$21,737	$3,471,725
121	$27,969	$6,271	$21,698	$3,465,454
122	$27,969	$6,310	$21,659	$3,459,144
123	$27,969	$6,349	$21,620	$3,452,795
124	$27,969	$6,389	$21,580	$3,446,406
125	$27,969	$6,429	$21,540	$3,439,977
126	$27,969	$6,469	$21,500	$3,433,508
127	$27,969	$6,510	$21,459	$3,426,998
128	$27,969	$6,550	$21,419	$3,420,448
129	$27,969	$6,591	$21,378	$3,413,857
130	$27,969	$6,632	$21,337	$3,407,224
131	$27,969	$6,674	$21,295	$3,400,550
132	$27,969	$6,716	$21,253	$3,393,835
133	$27,969	$6,758	$21,211	$3,387,077
134	$27,969	$6,800	$21,169	$3,380,277
135	$27,969	$6,842	$21,127	$3,373,435
136	$27,969	$6,885	$21,084	$3,366,550
137	$27,969	$6,928	$21,041	$3,359,622
138	$27,969	$6,971	$20,998	$3,352,651
139	$27,969	$7,015	$20,954	$3,345,636
140	$27,969	$7,059	$20,910	$3,338,577
141	$27,969	$7,103	$20,866	$3,331,474
142	$27,969	$7,147	$20,822	$3,324,327
143	$27,969	$7,192	$20,777	$3,317,135
144	$27,969	$7,237	$20,732	$3,309,898
145	$27,969	$7,282	$20,687	$3,302,616
146	$27,969	$7,328	$20,641	$3,295,288
147	$27,969	$7,373	$20,596	$3,287,915
148	$27,969	$7,420	$20,549	$3,280,495
149	$27,969	$7,466	$20,503	$3,273,029
150	$27,969	$7,513	$20,456	$3,265,517
151	$27,969	$7,560	$20,409	$3,257,957
152	$27,969	$7,607	$20,362	$3,250,350
153	$27,969	$7,654	$20,315	$3,242,696
154	$27,969	$7,702	$20,267	$3,234,994
155	$27,969	$7,750	$20,219	$3,227,244
156	$27,969	$7,799	$20,170	$3,219,445
157	$27,969	$7,847	$20,122	$3,211,597
158	$27,969	$7,897	$20,072	$3,203,701
159	$27,969	$7,946	$20,023	$3,195,755
160	$27,969	$7,996	$19,973	$3,187,760
161	$27,969	$8,046	$19,924	$3,179,714
162	$27,969	$8,096	$19,873	$3,171,618
163	$27,969	$8,146	$19,823	$3,163,472
164	$27,969	$8,197	$19,772	$3,155,275
165	$27,969	$8,249	$19,720	$3,147,026
166	$27,969	$8,300	$19,669	$3,138,726
167	$27,969	$8,352	$19,617	$3,130,374
168	$27,969	$8,404	$19,565	$3,121,970
169	$27,969	$8,457	$19,512	$3,113,513
170	$27,969	$8,510	$19,459	$3,105,004
171	$27,969	$8,563	$19,406	$3,096,441
172	$27,969	$8,616	$19,353	$3,087,825
173	$27,969	$8,670	$19,299	$3,079,155
174	$27,969	$8,724	$19,245	$3,070,430
175	$27,969	$8,779	$19,190	$3,061,651
176	$27,969	$8,834	$19,135	$3,052,818
177	$27,969	$8,889	$19,080	$3,043,929
178	$27,969	$8,944	$19,025	$3,034,984
179	$27,969	$9,000	$18,969	$3,025,984
180	$27,969	$9,057	$18,912	$3,016,928
181	$27,969	$9,113	$18,856	$3,007,814
182	$27,969	$9,170	$18,799	$2,998,644
183	$27,969	$9,227	$18,742	$2,989,417
184	$27,969	$9,285	$18,684	$2,980,132
185	$27,969	$9,343	$18,626	$2,970,788
186	$27,969	$9,402	$18,567	$2,961,387
187	$27,969	$9,460	$18,509	$2,951,926
188	$27,969	$9,519	$18,450	$2,942,407
189	$27,969	$9,579	$18,390	$2,932,828
190	$27,969	$9,639	$18,330	$2,923,189
191	$27,969	$9,699	$18,270	$2,913,490
192	$27,969	$9,760	$18,209	$2,903,730
193	$27,969	$9,821	$18,148	$2,893,910
194	$27,969	$9,882	$18,087	$2,884,028
195	$27,969	$9,944	$18,025	$2,874,084
196	$27,969	$10,006	$17,963	$2,864,078
197	$27,969	$10,069	$17,900	$2,854,009
198	$27,969	$10,131	$17,838	$2,843,878
199	$27,969	$10,195	$17,774	$2,833,683
200	$27,969	$10,258	$17,711	$2,823,425
201	$27,969	$10,323	$17,646	$2,813,102
202	$27,969	$10,387	$17,582	$2,802,715
203	$27,969	$10,452	$17,517	$2,792,263
204	$27,969	$10,517	$17,452	$2,781,746
205	$27,969	$10,583	$17,386	$2,771,163
206	$27,969	$10,649	$17,320	$2,760,513
207	$27,969	$10,716	$17,253	$2,749,797
208	$27,969	$10,783	$17,186	$2,739,015
209	$27,969	$10,850	$17,119	$2,728,165
210	$27,969	$10,918	$17,051	$2,717,247
211	$27,969	$10,986	$16,983	$2,706,260
212	$27,969	$11,055	$16,914	$2,695,206
213	$27,969	$11,124	$16,845	$2,684,082
214	$27,969	$11,193	$16,776	$2,672,888
215	$27,969	$11,263	$16,706	$2,661,625
216	$27,969	$11,334	$16,635	$2,650,291
217	$27,969	$11,405	$16,564	$2,638,886
218	$27,969	$11,476	$16,493	$2,627,410
219	$27,969	$11,548	$16,421	$2,615,862
220	$27,969	$11,620	$16,349	$2,604,243
221	$27,969	$11,692	$16,277	$2,592,550
222	$27,969	$11,766	$16,203	$2,580,785
223	$27,969	$11,839	$16,130	$2,568,945
224	$27,969	$11,913	$16,056	$2,557,032
225	$27,969	$11,988	$15,981	$2,545,045
226	$27,969	$12,062	$15,907	$2,532,982
227	$27,969	$12,138	$15,831	$2,520,844
228	$27,969	$12,214	$15,755	$2,508,631
229	$27,969	$12,290	$15,679	$2,496,341
230	$27,969	$12,367	$15,602	$2,483,974
231	$27,969	$12,444	$15,525	$2,471,530
232	$27,969	$12,522	$15,447	$2,459,008
233	$27,969	$12,600	$15,369	$2,446,408
234	$27,969	$12,679	$15,290	$2,433,729
235	$27,969	$12,758	$15,211	$2,420,970
236	$27,969	$12,838	$15,131	$2,408,132
237	$27,969	$12,918	$15,051	$2,395,214
238	$27,969	$12,999	$14,970	$2,382,215
239	$27,969	$13,080	$14,889	$2,369,135
240	$27,969	$13,162	$14,807	$2,355,973
241	$27,969	$13,244	$14,725	$2,342,729
242	$27,969	$13,327	$14,642	$2,329,402
243	$27,969	$13,410	$14,559	$2,315,992
244	$27,969	$13,494	$14,475	$2,302,498
245	$27,969	$13,578	$14,391	$2,288,919
246	$27,969	$13,663	$14,306	$2,275,256
247	$27,969	$13,749	$14,220	$2,261,508
248	$27,969	$13,835	$14,134	$2,247,673
249	$27,969	$13,921	$14,048	$2,233,752
250	$27,969	$14,008	$13,961	$2,219,744
251	$27,969	$14,096	$13,873	$2,205,648
252	$27,969	$14,184	$13,785	$2,191,465
253	$27,969	$14,272	$13,697	$2,177,192
254	$27,969	$14,362	$13,607	$2,162,831
255	$27,969	$14,451	$13,518	$2,148,379
256	$27,969	$14,542	$13,427	$2,133,838
257	$27,969	$14,633	$13,336	$2,119,205
258	$27,969	$14,724	$13,245	$2,104,481
259	$27,969	$14,816	$13,153	$2,089,665
260	$27,969	$14,909	$13,060	$2,074,757
261	$27,969	$15,002	$12,967	$2,059,755
262	$27,969	$15,096	$12,873	$2,044,659
263	$27,969	$15,190	$12,779	$2,029,470
264	$27,969	$15,285	$12,684	$2,014,185
265	$27,969	$15,380	$12,589	$1,998,804
266	$27,969	$15,476	$12,493	$1,983,328
267	$27,969	$15,573	$12,396	$1,967,755
268	$27,969	$15,671	$12,298	$1,952,084
269	$27,969	$15,768	$12,201	$1,936,316
270	$27,969	$15,867	$12,102	$1,920,449
271	$27,969	$15,966	$12,003	$1,904,482
272	$27,969	$16,066	$11,903	$1,888,416
273	$27,969	$16,166	$11,803	$1,872,250
274	$27,969	$16,267	$11,702	$1,855,983
275	$27,969	$16,369	$11,600	$1,839,614
276	$27,969	$16,471	$11,498	$1,823,142
277	$27,969	$16,574	$11,395	$1,806,568
278	$27,969	$16,678	$11,291	$1,789,890
279	$27,969	$16,782	$11,187	$1,773,108
280	$27,969	$16,887	$11,082	$1,756,221
281	$27,969	$16,993	$10,976	$1,739,228
282	$27,969	$17,099	$10,870	$1,722,129
283	$27,969	$17,206	$10,763	$1,704,923
284	$27,969	$17,313	$10,656	$1,687,610
285	$27,969	$17,421	$10,548	$1,670,189
286	$27,969	$17,530	$10,439	$1,652,658
287	$27,969	$17,640	$10,329	$1,635,019
288	$27,969	$17,750	$10,219	$1,617,268
289	$27,969	$17,861	$10,108	$1,599,407
290	$27,969	$17,973	$9,996	$1,581,435
291	$27,969	$18,085	$9,884	$1,563,350
292	$27,969	$18,198	$9,771	$1,545,152
293	$27,969	$18,312	$9,657	$1,526,840
294	$27,969	$18,426	$9,543	$1,508,413
295	$27,969	$18,541	$9,428	$1,489,872
296	$27,969	$18,657	$9,312	$1,471,215
297	$27,969	$18,774	$9,195	$1,452,441
298	$27,969	$18,891	$9,078	$1,433,550
299	$27,969	$19,009	$8,960	$1,414,540
300	$27,969	$19,128	$8,841	$1,395,412
301	$27,969	$19,248	$8,721	$1,376,164
302	$27,969	$19,368	$8,601	$1,356,797
303	$27,969	$19,489	$8,480	$1,337,307
304	$27,969	$19,611	$8,358	$1,317,697
305	$27,969	$19,733	$8,236	$1,297,963
306	$27,969	$19,857	$8,112	$1,278,107
307	$27,969	$19,981	$7,988	$1,258,126
308	$27,969	$20,106	$7,863	$1,238,020
309	$27,969	$20,231	$7,738	$1,217,789
310	$27,969	$20,358	$7,611	$1,197,431
311	$27,969	$20,485	$7,484	$1,176,946
312	$27,969	$20,613	$7,356	$1,156,333
313	$27,969	$20,742	$7,227	$1,135,591
314	$27,969	$20,872	$7,097	$1,114,719
315	$27,969	$21,002	$6,967	$1,093,717
316	$27,969	$21,133	$6,836	$1,072,584
317	$27,969	$21,265	$6,704	$1,051,319
318	$27,969	$21,398	$6,571	$1,029,920
319	$27,969	$21,532	$6,437	$1,008,388
320	$27,969	$21,667	$6,302	$986,722
321	$27,969	$21,802	$6,167	$964,920
322	$27,969	$21,938	$6,031	$942,981
323	$27,969	$22,075	$5,894	$920,906
324	$27,969	$22,213	$5,756	$898,693
325	$27,969	$22,352	$5,617	$876,341
326	$27,969	$22,492	$5,477	$853,849
327	$27,969	$22,632	$5,337	$831,216
328	$27,969	$22,774	$5,195	$808,442
329	$27,969	$22,916	$5,053	$785,526
330	$27,969	$23,059	$4,910	$762,467
331	$27,969	$23,204	$4,765	$739,263
332	$27,969	$23,349	$4,620	$715,914
333	$27,969	$23,495	$4,474	$692,420
334	$27,969	$23,641	$4,328	$668,779
335	$27,969	$23,789	$4,180	$644,989
336	$27,969	$23,938	$4,031	$621,052
337	$27,969	$24,087	$3,882	$596,964
338	$27,969	$24,238	$3,731	$572,726
339	$27,969	$24,389	$3,580	$548,337
340	$27,969	$24,542	$3,427	$523,795
341	$27,969	$24,695	$3,274	$499,100
342	$27,969	$24,850	$3,119	$474,250
343	$27,969	$25,005	$2,964	$449,245
344	$27,969	$25,161	$2,808	$424,084
345	$27,969	$25,318	$2,651	$398,765
346	$27,969	$25,477	$2,492	$373,289
347	$27,969	$25,636	$2,333	$347,653
348	$27,969	$25,796	$2,173	$321,856
349	$27,969	$25,957	$2,012	$295,899
350	$27,969	$26,120	$1,849	$269,779
351	$27,969	$26,283	$1,686	$243,497
352	$27,969	$26,447	$1,522	$217,049
353	$27,969	$26,612	$1,357	$190,437
354	$27,969	$26,779	$1,190	$163,658
355	$27,969	$26,946	$1,023	$136,712
356	$27,969	$27,115	$854	$109,598
357	$27,969	$27,284	$685	$82,313
358	$27,969	$27,455	$514	$54,859
359	$27,969	$27,626	$343	$27,233
360	$27,969	$27,799	$170	$0

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50 acres Morris Mill Rd, Millsboro, DE 19966 | For Sale