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$756,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,904 Sq. Ft.
See This Home
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See This Home
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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.

Full Property Details for 5659 Penney Creek Rd

General

  • Sold For: $756,000
  • Taxes: $1,155 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2102780
  • Added to Site: 130 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Baths: 2
  • Main - Full Baths: 1
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main & Up: 3

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Above Ground

Exterior

  • Exterior Features: Outbuilding(s)

Parking

  • Parking Type: Other

Location

  • Area: Northwest Fork Hundred (31012)
  • County: SUSSEX
  • Driving Directions: From Sussex Highway turn left onto Adams Rd, turn left onto Blanchard Rd and then right onto Penney Creek Rd. The property is on the left. Sign posted.

School Information

  • School District: Woodbridge

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Other
  • Heating Fuel: Electric
  • Water Heater: Oil

Utilities

  • Sewer: Septic Exists
  • Water: Private, Well

Structural Information

  • Architectural Style: Farmhouse/National Folk
  • Structure Type: Detached
  • Construction: Frame
  • Foundation: Crawl Space
  • Stories Description: Main
  • Square Feet: 1,904
  • Sq. Ft. Source: Estimated
  • Living Area: 1,904 Sq. Ft.
  • Finished Above Grnd: 1,904 Sq. Ft.
  • Year Built: 1987
  • Year Built Source: Assessor
  • Property Condition: Major Rehab Needed

Additional Structures

  • Other Structures: Barn/Farm Building, Other, Horse Stable, Hay Barn, Garage(s)

Lot Features

  • Lot Size (Acres): 71.93
  • Lot Size (Sq. Ft.): 3,133,271
  • Lot Size Source: Assessor
  • Zoning: AR-1

Horse Property

  • Horse Property: Yes

Financial Considerations

  • Price Per Sq. Ft.: $407.04
  • Assessment Year: 2025
  • School Tax: $1,090
  • County Tax: $65
  • County Tax Freq: Annually
  • Tax Amount: $1,155
  • Tax Year: 2025
  • Terms: Standard Sale

Disclosures and Reports

  • Ownership: Fee Simple
  • Bank-owned: Yes
  • Lot Number: 78

Meet the selling agent

Meet the selling agent
— 5659 Penney Creek Rd —

Get Pre-Approved Today

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5659 Penney Creek Rd

School District:Woodbridge School District
NameGradesDistance
Woodbridge Early Childhood Education Center
400 Governors Avenue, Greenwood, DE 19950
PK-23.6 mi
Phillis Wheatley Elementary School
48 Church Street, Bridgeville, DE 19933
3-54.8 mi
Woodbridge Middle School, Bridgeville, DE
307 South Laws Street, Bridgeville, DE 19933
6-85.5 mi
Woodbridge High School, Greenwood, DE
14712 Woodbridge Road, Greenwood, DE 19950
9-123 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 5659 Penney Creek Rd

Date
Details
Price
Change
Source
4/14/2026
Sold
$756,000
-2.45%
MLS
1/16/2026
Price Reduced
$775,000
-11.43%
MLS
1/12/2026
Listed
$875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5659 Penney Creek Road, Greenwood, DE 19950 (MLS# DESU2102780) is a Single Family property that was sold at $756,000 on April 14, 2026. This property was sold by Tamara Shaner from our Eastern Shore Regional Office.Want to learn more about 5659 Penney Creek Road? Do you have questions about finding other Single Family real estate for sale in Greenwood? You can browse all Greenwood real estate or contact a Coldwell Banker agent to request more information.