Agricultural Land with Home for Sale in Townsend, Delaware

300 Union Church Rd Townsend, DE 19734

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$2,200,000
186.9 acres
pending saleUnder contract

Up for sale is the Twin Oaks Farm in Townsend, DE for $2.2m. The farm is 187 +/- acres at 300 Union Church Rd. Townsend, DE 19734. The scenic land borders Blackbird Creek to the south and a small piece of Rt 1 to the west. The convenient location is 5 miles to Middletown, 24 miles to Wilmington, and 45 miles west to the Bay Bridge or North to Philadelphia. The farmhouse was constructed in 1900 and was recently renovated. The kitchen still needs completing. The property has a 7-acre pond, fencing, barns, and privacy. A 7,000sqft barn is in the process of being converted to a second residence, rental housing for added income, or an amazing entertainment venue. A 40 +/- acre solar lease is pending on the property for added income with significant upside for an investor. Pro forma cap rate on potential residential leasing, the farm lease in place, and the future solar field is estimated at 8.5.

Sellers are asking for cash-buyers only. Property will be sold in "As-is" condition with no warranty express or implied. All showings must be scheduled in advance.

2,175
Sq feet
3
Beds
1
Full bath
1900
Built

Location

Street Address
300 Union Church Rd
School District
Appoquinimink
Elevation
56 feet
Coordinates
39.3818, -75.6563

Property details

MLS Number
TREND DENC2068878
Date Posted

Property taxes

Recent
$1,877

Parcels

  • 1401600159

This 186.9-acre property is located at 300 Union Church Rd in Townsend, DE 19734 with latitude 39.3818 and longitude -75.6563. The property is currently pending sale for $2,200,000. It has a 2,175 sq ft 3 bedroom, 1 bath house built in 1900. Listing data is sourced from Bright MLS # DENC2068878.

Verify sale details at the property source or contact The Moving Experience Delaware at (302) 242-2122.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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