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$695,000
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Property Description
Prime Investment Opportunity - 6 Lots on Cedar Street, Oak Orchard (Millsboro, DE) Rare opportunity to own six contiguous lots just two blocks from the Indian River Bay in the heart of Oak Orchard! This unique offering includes 2 commercially zoned C-1 lots and 4 General Residential (GR) zoned lots, providing a flexible canvas for both residential development and commercial use. Located in a vibrant and growing area with close proximity to waterfront dining, marinas, and scenic bay views, these lots offer endless potential for mixed-use development, multifamily housing, retail, or professional offices (subject to zoning regulations). Just minutes from downtown Millsboro and Route 24, and with utilities accessible, this property is perfectly positioned for savvy investors or developers looking to capitalize on a high-demand coastal community. 6 Lots two Commercial and 4 building lots. Tax Id are 234-34.08-49.00 and 234-34.08-49.02 thru 06. Just reduced, Will not last long at this price
Full Property Details
Full Property Details for 28364 Cedar St
General
- Price: $695,000
- Taxes: $37 (2024)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2070996
- Updated: 12/17/2025
- Added to Site: 485 day(s) ago
Location
- Area: Indian River Hundred (31008)
- County: SUSSEX
- Driving Directions: From Georgetown go South on RT 113 to Millsboro take left onto RT 24 make right onto Oak Orchard Rd property is about 2 miles on left sign posted.
School Information
- School District: Indian River
Utilities
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
Structural Information
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 0.76
- Lot Size (Sq. Ft.): 32,907
- Lot Size Source: Estimated
- Lot Dimensions: 53.00 x 104.00
- Zoning: GR
Financial Considerations
- Price Per Sq. Ft.: $21.12
- Assessment Year: 2024
- School Tax: $33
- County Tax: $4
- County Tax Freq: Annually
- Tax Amount: $37
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
Listed by Lester Realty Inc., R.T. GIVENS
Get Pre-Approved Today
Schools
Schools serving 28364 Cedar St
School District:Indian River School District
| Name | Grades | Distance |
|---|---|---|
Long Neck Elementary School 26064 School Lane, Millsboro, DE 19966 | PK-5 | 2.2 mi |
Millsboro Middle School 302 East State Street, Millsboro, DE 19966 | 6-8 | 6 mi |
Sussex Central High School, Georgetown, DE 26026 Patriots Way, Georgetown, DE 19947 | 8-12 | 8.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 28364 Cedar St
Date
Details
Price
Change
Source
5/23/2025
Price Reduced
$695,000
-16.97%
MLS
11/29/2024
Price Reduced
$837,000
-10%
MLS
9/19/2024
Listed
$930,000
175.47%
MLS
9/25/2007
Sold
$337,600
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 28364 Cedar St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$96
159%
$900
—
2023
$37
—
$900
—
2022
$37
6%
$900
—
2021
$35
3%
$900
—
2020
$34
—
$900
—
2019
$34
—
$900
—
2018
$34
—
$900
—
2017
$34
13%
$900
—
2016
$30
-3%
$900
—
2015
$31
7%
$900
—
2013
$29
—
$900
—
Disclaimer: Historical tax 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 28364 Cedar St
28364 Cedar Street, Millsboro, DE 19966 (MLS# DESU2070996) is a Lots/Land property with a lot size of 0.76 acres. 28364 Cedar Street is currently listed for $695,000 and was received on September 19, 2024. Want to learn more about 28364 Cedar Street? Do you have questions about finding other Lots/Land real estate for sale in Millsboro? You can browse all Millsboro real estate or contact a Coldwell Banker agent to request more information.

