1905 Capitol TrailNewark, DE 19711Price: $599,900

Endless Possibilities on 3.81 Acres in Newark! Discover the potential of this three-bedroom expanded ranch home, featuring a durable Permastone exterior and situated on a spacious 3.81-acre parcel. Whether you're dreaming of creating a private homestead, accommodating multi-generational living, or exploring future development opportunities, this property offers an exciting canvas for your vision. The parcel runs parallel to Richards Lane in Newark and may present potential for re-zoning and townhouse development. According to Greg Friedman of NCC Land Use, the property appears on the Future Land Use Map as eligible for rezoning. Buyers are responsible for conducting their own due diligence and confirming all zoning, subdivision, land-use, development, and building possibilities with NCC Land Use and all applicable authorities. With an appraised value of $625,000 and a list price of $599,900, this is an opportunity to acquire a substantial property with both immediate residential possibilities and intriguing future potential. Bring your vision and explore what may be possible! Home is in need of repairs and is being sold as-is, where is, with no warranties expressed or implied.