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    199 Pine Tree Rd Townsend, DE 19734

    For Sale
    $950,000

    Horse farm with racetrack, barns, sheds, paddocks, and residence.

    Lot size:
    34.98 Acres

    Property Features for 199 Pine Tree Rd

    General Information

    Lot size
    34.98 Acres

    Building Details

    Year built
    1984

    Source: RE/MAX Associates - Newark Agent Junie Seward

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    34.98 Acre Horse Farm

    This 34.98-acre horse farm presents an opportunity for equestrian enthusiasts. The property features a racetrack, four horse barns, utility sheds, storage buildings, and fenced paddocks. Utility connections are available on-site. The farm includes a three-bedroom, two-bath home with doorways designed for handicap accessibility. The kitchen is spacious and includes a separate breakfast area. The living room is equipped with a wood-burning fireplace. The great room has many windows providing natural light and views of the surrounding landscape. This room also connects to a screened-in porch. The basement offers storage space and includes a washer and dryer, with a separate outside entrance. A garage measuring 30' wide x 45' long and 15' high is located outside the home.
    Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Townsend
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6790693
    Latitude
    39.4037472

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    FAQs

    What type of property is this?
    Horse & equestrian property - Horse farm with racetrack, barns, sheds, paddocks, and residence.
    Where is this horse & equestrian property located?
    The property is located at 199 Pine Tree Rd Townsend, DE.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - 34.98 acre horse farm with complete infrastructure: race track, 4 horse barns, utility sheds, storage buildings, and fenced paddocks.; - Move-in ready for horses with existing utility connections on site.; - Includes a 3-bedroom, 2-bath home.
    (302) 598-9267
    Request Owner's contact information
    199 Pine Tree Rd Townsend, DE 19734
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    199 Pine Tree Rd
    Townsend, DE 19734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    199 Pine Tree Rd Townsend, DE 19734
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