This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
$12,825,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
Property Description
**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.
Full Property Details
Full Property Details for Crescent Pl
General
- Price: $12,825,000
- Status: Active
- Type: Lots/Land
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2113320
- Updated: Today (6/2/2026)
- Added to Site: Today
Location
- Area: Baltimore Hundred (31001)
- County: SUSSEX
- Driving Directions: On Central Ave, but before Ironwood community.
School Information
- School District: Indian River
- Elementary School: Lord Baltimore
- Middle School: Selbyville
- High School: Indian River
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 17
- Lot Size (Sq. Ft.): 740,520
- Lot Size Source: Estimated
- Zoning: MR
- Lot Description: Additional Lot(s), Cleared, Other
Financial Considerations
- Price Per Sq. Ft.: $17.32
Disclosures and Reports
- Ownership: Fee Simple
- Multiple Parcels: Yes
Listed by Compass, Paul A. Sicari
Get Pre-Approved Today
Price & Sales History for Crescent Pl
Date
Details
Price
Change
Source
6/02/2026
Listed
$12,825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Crescent Pl
Crescent Place, Frankford, DE 19945 (MLS# DESU2113320) is a Lots/Land property with a lot size of 17 acres. Crescent Place is currently listed for $12,825,000 and was received on June 02, 2026. Want to learn more about Crescent Place? Do you have questions about finding other Lots/Land real estate for sale in Frankford? You can browse all Frankford real estate or contact a Coldwell Banker agent to request more information.

