**Prime Development Opportunity: 57-Lot Subdivision Near Bethany Beach** Secure a rare, high-velocity development opportunity with Crescent Place, a fully engineered 57-lot subdivision in Frankford, DE. This project is specifically designed for a single builder looking to capture the robust demand of the Bethany Beach corridor with a streamlined, high-margin product. The site is currently under development, offering a clear and reliable timeline for vertical construction. With infrastructure moving forward, the project is scheduled to be paved and fully construction-ready by October 2026, allowing for precise inventory planning and a predictable sales launch. Efficiency is at the core of this investment. The site plan features 57 lots optimized for slab foundations, significantly reducing site prep costs and construction cycle times. The project is organized under a condominium ownership structure, a strategic move that simplifies long-term maintenance and appeals to a wide demographic of buyers seeking a low-maintenance lifestyle. Technical specifications include generous 30' building envelopes with lot depths ranging from 67' to 93', providing the flexibility to accommodate a variety of modern floor plans. Located just minutes from the coast, this Frankford address offers the perfect balance: a lower-density, boutique atmosphere that avoids the congestion of the immediate shoreline while maintaining proximity to the high-end amenities and beaches of Bethany. To further drive absorption and enhance the community's market position, the project includes a dedicated amenity package featuring a clubhouse and pool. Crescent Place represents a turnkey pipeline for a developer ready to scale in one of Delaware’s most resilient markets.
Listed By
Agency Name: Compass
Agency Phone: 3028642822
Shown By
Agent Name: Marlowe Freeman
Agent Phone: (267) 233-8210
Agency Title: Maverick Realty, LLC
Estimated Payment
$ 32,283.52 per month $28,542.89 Principal & Interest $0.00 Property Tax (data not provided by mls) $3,740.63 Homeowner's Insurance
Crescent Place | MLS# DESU2113320
This land located at Crescent Place , Frankford, DE 19945 is currently listed for sale with an asking price of $12,825,000. The property has approximately 17.00 Acres. Crescent Place is located within the INDIAN RIVER school district. Search Frankford real estate on mfreeman.maverickrealtyusa.com today.