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$5,900,000

  • For Sale
  • Active
  • Lots/Land
  • 8.4 Acres
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Prime commercial location in Selbyville of 10.09 acres. This is a rare commercial development opportunity on the busy intersection of Lighthouse Sound Rd. (Route 54) and Hudson Rd. There are already many existing new homes surrounding this property and more than 3,200 additional homes are coming soon. This is the perfect location for a shopping center, multiple smaller retail businesses, and/or medical or other professional offices to serve these homes and the entire Selbyville, Bayside, Fenwick, Ocean City area. The Seller will finance up to 70% of the purchase price at 1 percent below the current prime lending rate for up to 5 years. If you are interested in only the highly visible corner piece on Hudson Rd. and RT 54 seller will sell a 3-acre parcel on that corner for $3 million. This is an incredible business opportunity. The property is located 8 miles from the beach.

Full Property Details for 32474 Lighthouse Rd

General

  • Price: $5,900,000
  • Taxes: $527 (2023)
  • Status: Active
  • Type: Lots/Land
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2044978
  • Updated: 12/26/2025
  • Added to Site: 908 day(s) ago

Location

  • Area: Baltimore Hundred (31001)
  • County: SUSSEX
  • Driving Directions: From North Ocean City take Coastal Hwy to Rt 54. Follow Rt 54. The property is right before the crossing with Hudson Rd. 32474 Lighthouse Rd.

School Information

  • School District: Indian River

Utilities

  • Sewer: Other
  • Water: None

Structural Information

  • Current Bldg. Use: Vacant

Lot Features

  • Lot Size (Acres): 8.4
  • Lot Size (Sq. Ft.): 365,904
  • Lot Size Source: Estimated
  • Zoning: TN

Financial Considerations

  • Price Per Sq. Ft.: $16.12
  • Assessment Year: 2023
  • School Tax: $470
  • County Tax: $57
  • County Tax Freq: Annually
  • Tax w/Assessment: $12,750
  • Tax Amount: $527
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 1
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 32474 Lighthouse Rd —

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Be ready to buy your new home!

with our affiliated lender
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 32474 Lighthouse Rd

School District:Indian River School District
NameGradesDistance
Showell (Phillip C.) Elementary School
41 Bethany Road, Selbyville, DE 19975
PK-52 mi
Selbyville Middle School
80 Bethany Road, Selbyville, DE 19975
6-81.7 mi
Indian River High School, Dagsboro, DE
29772 Armory Road, Dagsboro, DE 19945
8-126.1 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 32474 Lighthouse Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/26/2025
Price Reduced
$5,900,000
-25.32%
MLS
1/01/2024
Price Increased
$7,900,000
75.56%
MLS
8/29/2023
Price Reduced
$4,500,000
-8.16%
MLS
7/26/2023
Listed
$4,900,000
199.97%
MLS
3/19/2019
Sold
$1,633,500
—
Public Record
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.

Tax History for 32474 Lighthouse Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$719
18%
$16,950
—
2023
$610
1%
$16,950
—
2022
$602
3%
$16,950
—
2021
$586
4%
$16,950
33%
2020
$563
—
$12,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Recent Sales near 32474 Lighthouse Rd

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31911 Surf Rd, North Bethany, DE 19930 - Photo 1 Sold
$6,300,000

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32474 Lighthouse Road, Selbyville, DE 19975 (MLS# DESU2044978) is a Lots/Land property with a lot size of 8.4 acres. 32474 Lighthouse Road is currently listed for $5,900,000 and was received on July 26, 2023. This property is listed by Nancy Reither from our Ocean City - 123rd Office.Want to learn more about 32474 Lighthouse Road? Do you have questions about finding other Lots/Land real estate for sale in Selbyville? You can browse all Selbyville real estate or contact a Coldwell Banker agent to request more information.

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