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    35122 Lighthouse Rd Selbyville, DE 19975

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    For Sale
    $3,500,000

    Land with rancher subject to agricultural preservation easement.

    Lot size:
    24.64 Acres

    Property Features for 35122 Lighthouse Rd

    General Information

    Lot size
    24.64 Acres

    Building Details

    Year built
    1986

    Source: Long & Foster Real Estate, Inc. Agent Christine Marie Springer

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

    Overview

    Agricultural Land with Rancher

    This listing includes Tax Parcel 533-19.00-44.00, which comprises an additional 29.48 acres. The property features a rancher with 3 bedrooms and 2 baths, offered in AS-IS condition. The properties are subject to an Agricultural Lands Preservation Easement, which is a permanent easement. Residential use is limited to two acres. There is a second farm house that is suitable for demolition.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Selbyville
    County
    Sussex
    State
    Delaware
    Longitude
    -75.1206133
    Latitude
    38.4664493

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    FAQs

    What type of property is this?
    Farm - Land with rancher subject to agricultural preservation easement.
    Where is this farm located?
    The property is located at 35122 Lighthouse Rd Selbyville, DE.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Includes an additional 29.48 acre tax parcel.; - Total acreage subject to Agricultural Lands Preservation Easement.; - Rancher style home with 3 bedrooms and 2 baths.
    (410) 262-2739
    Request Owner's contact information
    35122 Lighthouse Rd Selbyville, DE 19975
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    Selbyville, DE 19975
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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
    35122 Lighthouse Rd Selbyville, DE 19975
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