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Horse Farm with Race Track
For Sale
$1,199,999
Pending

197-199 Pine Tree Road, Townsend, DE 19734

Multiple barns, fenced paddocks, and utility connections support an established equestrian property with residential accommodations.

Property SizeContact for details
Days on Market240

Property Features for 197-199 Pine Tree Road

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Farm / Fee Simple
Zoning SR

Taxes and HOA fees

Annual Taxes $3,713

Amenities

Yes
Built-In Microwave, Oven/Range - Electric, Refrigerator, Washer, Dryer, Water Heater
Basement
1
Attic, Breakfast Area, Carpet, Ceiling Fan(s), Family Room Off Kitchen, Kitchen - Eat-In
Wood
Wheelchair Mod
https://vimeo.com/1082834032?share=copy#t=0
No Pool
Paddock, Stable(s), Horses Allowed, Arena
Above Grade, Below Grade
Porch(es), Screened

Building Details

Year Built 1984
Listing Agency: RE/MAX 1st Choice - Middletown
Listed By: Junie Seward
Source: Compass
Added: Jan 3 Changed: Aug 30 Last Checked: Aug 30 at 7:49PM

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 RE/MAX 1st Choice - Middletown

Investment Insights

Based on property information with market context.

This 46.69-acre equestrian property combines two parcels: 199 Pine Tree comprises 34.98 acres, while 197 Pine Tree comprises 11.71 acres. Improvements include a race track, four horse barns, utility sheds, storage buildings, fenced paddocks, a mobile home, a barn, a wash shed, and an additional paddock. On-site utility connections are in place, and the property is zoned SR.

The primary residence is a three-bedroom, two-bath home built in 1984. It includes a large kitchen with a separate breakfast area, a living room with a wood-burning fireplace, a window-filled great room, screened porch access, a basement with laundry and storage space, and wheelchair-modified doorways. A separate outside basement entrance is also provided.

An exterior garage measures 30 feet wide by 45 feet long with 15-foot height. Additional property features include stable facilities, an arena, horse accommodations, and screened porch space.

Key Highlights

  • 46.69‑acre horse property spanning 199 Pine Tree Road and 197 Pine Tree Road
  • 199 Pine Tree includes a race track, 4 horse barns, fenced paddocks, utility sheds, and storage buildings
  • Three‑bedroom, 2‑bath residence with a basement, screened porch, and wood‑burning fireplace

Property Analytics

Current Use

Horse & equestrian properties

Suggested Use

Top Pick Building Supply Parking Lot & Garage Big Box & Wholesale Store HVAC Service Auto Parts Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby

Demographics for 19734, DE

14,116
Population
4,689
Households
3
Avg Household Size
39
Median Age
33%
College-Educated
95%
High-School Grad
79.9 sq mi
ZIP Area
177
Density / Sq Mi
$131,745
Median Household Income
$63,998
Median Earnings
$1,342
Median Rent
$426,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Multiple barns, fenced paddocks, and utility connections support an established equestrian property with residential accommodations.
Where is this horse & equestrian property located?
The property is located at 197-199 Pine Tree Road Townsend, DE.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: 46.69‑acre horse property spanning 199 Pine Tree Road and 197 Pine Tree Road; 199 Pine Tree includes a race track, 4 horse barns, fenced paddocks, utility sheds, and storage buildings; Three‑bedroom, 2‑bath residence with a basement, screened porch, and wood‑burning fireplace
More about this property
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