Listed By:
BHHS Fox & Roach-Kennett Sq
Address
614UNIT Loveville Road BUILDING A, Hockessin, DE
Price
$ 1,400,000
Property Attributes
  • MLS#DENC2059676
  • TypeLand
  • CountyNEW CASTLE
  • CityHockessin
  • AreaHockssn-Greenvl-Centrvl
  • NeighborhoodCoffee Run
  • Zip19707
  • StyleLand/Lot Only
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Bright MLS
Property Description

This is a rare opportunity to build a 45 unit luxury condo building in Hockessin, DE . This Pad site is available for the last building of an approved development plan from 1972 that was never constructed as sewer capacity WAS unavailable but was made available in September of 2015. Coffee Run Condominiums is a unique condo community located in Hockessin, DE and is conveniently located within 10 minutes of the city of Wilmington and Wilmington Train Station, easy access to Philadelphia Airport and Kennett Square, PA. Public water, sewer and electric are available at the location. Each unit will have its own HVAC system so you can anticipate monthly condo fees substantially lower than the current fees charged for the other units. Parking lot and common areas have been completed with other buildings. A 5 story, masonry and glass brick building was planned and a new buyer needs to retain an exterior similar to the existing buildings. New Castle County has maintained that the pad site will be treated as an unfinished part of the original development and not as a new development. Seller has maintained 45 votes in the Coffee Run Condominium Association. Sales price to include one, fifth floor unit completed t drywall stage. Interior finishes will be done by the seller.

Price History
4/18/2024 Listed $1,400,000

General Features

Sewer No Septic Approved,Public Sewer
Utilities Sewer Available,Water Available,Under Ground,Electric Available
Possession Immediate
Zoning NCAP
Property SubType Land
Tax Year 2014
Current Use Land/Lot Only
Percent Ownership Fee Simple
County NEW CASTLE
Property Type Land
HOA / Comm Assn No
Subdivision Name COFFEE RUN
Possible Use Land/Lot Only
Water Access Y/N No
Status ACTIVE
Directions From Lancaster Pike turn onto Loveville Road,then left into Coffee Run Condominiums,then left to parking lot. Building site is on the left.
ModificationTimestamp 2024-04-24T14:18:22
City HOCKESSIN
Buyer Agent Compensation 2.5
MLS Area Hockssn/Greenvl/Centrvl (30902)
Lot Size Square Feet 0.00
Tax Assessed Value 4000.0
Waterfront Y/N No
Street Name LOVEVILLE
Tax Annual Amount 0.0
Additional Parcels Y/N No
Vacation Rental Y/N No
Days on Market 13
Standard Status Active
Tax Lot 052.C.A01A
Buyer Agent Compensation Type % Of Gross

Interior Features

Street Suffix ROAD

Exterior Features

Water Source Public
Water View Y/N No
Lot Size Acres 0.00
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 19707

Price
AVG $570K
$1.4M
Visits
AVG 276
164
Data Provided by Inside Real Estate®