5659 PENNEY CREEK RD Greenwood, DE 19950
3 Beds
2 Baths
1,904 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 1,904 sqft
Price per Sqft $407
Subdivision None Available
MLS Listing ID DESU2102780
Style Ranch/Rambler
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,904
Year Built 1987
Available Date 2026-01-13
Annual Tax Amount $1,155
Tax Year 2025
Lot Size 71.930 Acres
Acres 71.93
Lot Dimensions 0.00 x 0.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Discover the untapped potential of this expansive 70+/- acre property, possibly suited for a horse training facility or a private country homestead. The property includes two distinct living quarters, providing options for owner-occupancy or consistent rental income. The classic farmhouse features three bedrooms and 1.5 bathrooms, while a separate 2-bedroom, 2-bathroom trailer is currently occupied by a tenant. Both residences are equipped with electric heat and window AC units. Each dwelling is serviced by its own dedicated well. There are several outbuildings on the property, including a wash bay and on-site bathroom. The property features a half-mile racetrack; while currently overgrown, the foundation remains, offering a straightforward restoration project to return it to its former glory. Supporting the land is a massive hay barn with high-volume storage and an expansive long shed that houses a shop and deep bays for tractor and equipment parking. This secondary workspace also includes a small office with a sink, great for administrative tasks or shop management. Property being sold as-is, where-is with no guarantees or warranties.
Location
State DE
County Sussex
Area Northwest Fork Hundred (31012)
Zoning AR-1
Rooms
Main Level Bedrooms 3
Interior
Hot Water Oil
Heating Other
Cooling Window Unit(s)
Fireplace N
Heat Source Electric
Exterior
Pool Above Ground
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Story 2
Foundation Crawl Space
Above Ground Finished SqFt 1904
Sewer Septic Exists
Water Private, Well
Architectural Style Ranch/Rambler
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Woodbridge
Others
Senior Community No
Tax ID 530-08.00-23.00
Ownership Fee Simple
SqFt Source 1904
Acceptable Financing Cash, Conventional
Horse Property Y
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Bank Owned/REO
Virtual Tour https://my.matterport.com/show/?m=RsMepkrgH8Z&mls=1
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