Estate Lot on Private
For Sale
$299,000
1768 OTTS CHAPEL Rd, Newark, DE 19702
Adjoining 2.5+/- acre farmette lots on a private lane designed for custom homes with privacy backing to a large reserve.
Property SizeContact for details
Lot Size2.50 Acres
Days on Market65
Property Features for 1768 OTTS CHAPEL Rd
General Information
Standard status
Active
Lot size
2.50 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$4,026
Listing Agency:
Sell Your Home Services
(888) 219-3009
Listed By:
Daniel J. Demers · License #5004796
(888) 219-3009
Source:
Elliman
Added: Jun 22
Changed: Aug 8
Last Checked: Jul 16 at 11:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sell Your Home Services
Investment Insights
Based on property information with market context.
Otts Chapel Estates presents two adjoining estate lots, identified as Lot #3 and Lot #4, each 2.5 +/- acres. These parcels are marketed as estate lots/farmettes, giving buyers the option to design and build their own custom homes. The lots offer a rare configuration for neighboring builds, since they are contiguous and can accommodate two adjoining custom residences.
The community is set up on a very private lane limited to only three custom homes. Both lots back to the 30 +/- acre Reserve at Ironside Park, providing a substantial open-space rear condition. The offering also notes there is no builder tie-in, and the seller indicates they are not tied to a specific builder.
This is a practical fit for buyers seeking land to develop with flexibility on lot #3 and lot #4 as either separate builds or as an adjoining homes concept. With the parcels positioned on a limited-access, private lane and backed by a large reserve, the property’s layout is particularly suited to those prioritizing privacy and the ability to move forward with a custom construction plan without a required builder relationship.
The community is set up on a very private lane limited to only three custom homes. Both lots back to the 30 +/- acre Reserve at Ironside Park, providing a substantial open-space rear condition. The offering also notes there is no builder tie-in, and the seller indicates they are not tied to a specific builder.
This is a practical fit for buyers seeking land to develop with flexibility on lot #3 and lot #4 as either separate builds or as an adjoining homes concept. With the parcels positioned on a limited-access, private lane and backed by a large reserve, the property’s layout is particularly suited to those prioritizing privacy and the ability to move forward with a custom construction plan without a required builder relationship.
Key Highlights
- Two adjoining 2.5+/- acre farmette estate lots (Lot #3 and Lot #4) for custom home building
- Private lane with only 3 custom homes
- Lots back up to the 30+/- acre Reserve at Ironside Park
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
Demographics for 19702, DE
55,653
Population
22,149
Households
2.5
Avg Household Size
36
Median Age
40%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
1,981
Density / Sq Mi
$92,304
Median Household Income
$48,253
Median Earnings
$1,549
Median Rent
$331,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Adjoining 2.5+/- acre farmette lots on a private lane designed for custom homes with privacy backing to a large reserve.
Where is this residential land & home lot located?
The property is located at 1768 OTTS CHAPEL Rd Newark, DE.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two adjoining 2.5+/- acre farmette estate lots (Lot #3 and Lot #4) for custom home building; Private lane with only 3 custom homes; Lots back up to the 30+/- acre Reserve at Ironside Park
