Listing photo for Crescent Place, Frankford, DE
Listing photo for Crescent Place, Frankford, DE
Listing photo for Crescent Place, Frankford, DE
Listing photo for Crescent Place, Frankford, DE
Listing photo for Crescent Place, Frankford, DE
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Crescent Place,

Frankford, DE $12,825,000

$12,825,000

Acre: 17.00

**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.

Facts & Features
MLS® # DESU2113320
Price $12,825,000
Bathrooms 0.00
Acres 17.00
Type Land
Sub-Type Land
Status Active
Community Information
Address Crescent Place
Area Baltimore Hundred
Subdivision NONE AVAILABLE
City Frankford
County SUSSEX-DE
State DE
Zip Code 19945
Within City Limits No
Sussex Delaware Quadrant Between Rt 1 & 113
Amenities
Utilities Sewer Available, Water Available
Is Waterfront No
Exterior
Lot Description Additional Lot(s), Cleared, Other
School Information
District INDIAN RIVER
Elementary LORD BALTIMORE
Middle SELBYVILLE
High INDIAN RIVER
Additional Information
Date Listed June 2nd, 2026
Days on Market 9
Zoning MR
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office Compass
Contact Info 3022981761