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Lot/land
  • Price cut: $2M (12/26)
    $5,900,000

    32474 Lighthouse Rd, Selbyville, DE 19975

    --beds
    --baths
    8.4Acres
    Unimproved Land
    Built in ----
    8.4 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    888 days
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    109
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    1
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    Zillow last checked: 8 hours ago

    Listing updated: December 26, 2025 at 02:39am

    Listed by:

    Nancy Reither 410-603-5050,

    Coldwell Banker Realty 4438562211

    Source: Bright MLS,MLS#: DESU2044978MLS Logo

    Facts & features

    Property

    Lot
    • Size: 8.4 Acres
    Details
    • Parcel number: 53317.00182.00
    • Zoning: TN
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Other
    • Water: None

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Selbyville

    Financial & listing details

    • Tax assessed value: $12,750
    • Annual tax amount: $527
    • Date on market: 7/26/2023
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,723/mo

    Price history

    Price history
    DateEventPrice
    12/26/2025Price change$5,900,000-25.3%
    Source: Bright MLS #DESU2044978 Report a problem
    1/1/2024Price change$7,900,000+75.6%
    Source: Bright MLS #DESU2044978 Report a problem
    8/30/2023Price change$4,500,000-8.2%
    Source: Bright MLS #DESU2044978 Report a problem
    7/26/2023Listed for sale$4,900,000+665.6%
    Source: Bright MLS #DESU2044978 Report a problem
    7/19/2023Listing removed$640,000
    Source: Bright MLS #DESU2032140 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$611 +0.1%$12,750
    2023$610 +1.4%$12,750
    2022$602 +2.6%$12,750

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 19975

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Indian River

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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