Promised Land Lane, Frankford, DE 19945 - Photo 1

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$275,000 Just Listed

For Sale
Active
Lots/Land
2.88 Acres
Updated 4 hours ago

1/1

Property Description

Builders and investors, take notice! Exceptional development opportunity at 35038 Promised Land Lane, Frankford, Delaware. Two parcels available: 533-05.00-12.01 and 533-05.00-12.02, each offering approximately 2.8 acres of prime land in a rapidly growing area just 9 miles from Bethany Beach. Both lots have already passed perc testing and are currently zoned AR-1, approved for one home each, with the potential to pursue rezoning for the opportunity to build two homes per lot. Ideal for builders seeking spec home projects, custom home sites, or investors looking to maximize future development potential. Conveniently located near beaches, shopping, dining, golf, and coastal attractions, this is a rare chance to secure buildable acreage in a highly desirable Sussex County location. Opportunities like this are limited. Bring your vision and capitalize on the growth of coastal Delaware.

Full Property Details

Full Property Details for 35038 Promised Land Ln

General

Price: $275,000
Taxes: $283 (2025)
Status: Active
Type: Lots/Land
Source: BrightMLSMidAtlantic
MLS ID: DESU2105914
Updated: 4/30/2026
Added to Site: 5 day(s) ago

Location

Area: Baltimore Hundred (31001)
County: SUSSEX
Driving Directions: off of Frankford School Road

School Information

School District: Indian River

Utilities

Sewer: Septic Permit Issued
Water: None

Structural Information

Current Bldg. Use: Other

Lot Features

Lot Size (Acres): 2.88
Lot Size (Sq. Ft.): 125,453
Lot Size Source: Assessor
Zoning: AR-1

Financial Considerations

Price Per Sq. Ft.: $2.19
Assessment Year: 2025
School Tax: $254
County Tax: $28
County Tax Freq: Annually
Tax Amount: $283
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple

Listed by Keller Williams Realty Wilmington, Kelly Diaz

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Listing agent

— 35038 Promised Land Ln —

Kelly Diaz

Keller Williams Realty Wilmington

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Schools

Schools serving 35038 Promised Land Ln

School District:Indian River School District

Name	Grades	Distance
Clayton (John M.) Elementary School 252 Clayton Avenue, Frankford, DE 19945	PK-5	2.2 mi
Selbyville Middle School 80 Bethany Road, Selbyville, DE 19975	6-8	3.5 mi
Indian River High School, Dagsboro, DE 29772 Armory Road, Dagsboro, DE 19945	8-12	2.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 35038 Promised Land Ln Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/25/2026

Listed

$275,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Promised Land Lane, Frankford, DE 19945 (MLS# DESU2105914) is a Lots/Land property with a lot size of 2.88 acres. Promised Land Lane is currently listed for $275,000 and was received on April 25, 2026. Want to learn more about Promised Land Lane? 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.

35038 Promised Land Ln Frankford, DE 19945