Listed by Lee Ann Wilkinson of Berkshire Hathaway HomeServices PenFed Realty
RARE LEWES INVESTMENT OPPORTUNITY! An extraordinary opportunity awaits in tranquil Lewes on this prime 3.43-acre property along Beaver Dam Road. Offered at an exceptional value, this parcel is priced "AS-IS" at land value and boasts incredible subdivision potential for 4 individual lots (plus residual), making it a standout find for investors, developers, or anyone looking to build instant equity. Situated in the desirable Cape Henlopen School District, the lot currently features an established 3-bed, 1-bath elevated split level home with a full block basement, hardwood floors, and central air; ideal for immediate rental income, living in while you plan your build, or future redevelopment. Alternatively, keep the land intact to create your private coastal retreat or romantic farmette with room for up to 4 horses. Enjoy the peaceful, private setting with effortless access to Route 1, local beaches, dining, and shopping. Contact us today for plats, surveys, and additional details!

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