Edward "Ed" Hammond
302-678-4300
FOR SALE
$488,000

7189 Coastal Highway
Milford, DE 19963

Single Family, Single Family-Detached
Residence
3
Beds
2
Baths
2,500
Sq. Ft.
8.3
Acre Lot
1of
Photos
Map
Courtesy: COLDWELL BANKER RESORT REALTY - L
Gentleman's farm with Bed & Breakfast provides two sources of income on one property. If that was not enough, additional acreage can be subdivided into one or two additional parcels for development. The residence operates part time as The Shamrock Bed & Breakfast (fully furnished with antique and Victorian replica pieces). With a location only a short drive from resort beaches and just 1 mile south of the new Bayhealth Hospital Sussex Campus, the buyer could have stable occupancy rates year-round. Guests and owners alike can enjoy the living room with wood/gas fireplace, formal dining room, all-glass sunroom, and eat-in country kitchen. Hardwood floors, dual zone AC/heating units provide old world charm with modern convenience. Secondly, an award winning poultry farm (Purdue Farms Outstanding Grower of the Year, 2017) with a 30'x400' chicken house averaging 14,000 jumbo chickens has generated over $43,000 per year income (net of expenses except electric and maintenance). An additional 20'x500' shed provides storage for farm equipment and a covered work space. In addition, excess land can be used to grow field crops, have a large garden, or have it subdivided using the approximately 500' of frontage along Sharps Road. Other dimensions of property are 340' along Coastal Hwy, 775' along SE boundary, and 455' along tree-lined NE boundary (all approximate). Mature fruits such as grapes, blueberry, blackberry, and apples on property. Please request showings more than 24 hours in advance. Estimated over $25,000 in furniture and farm equipment free to the to the new owner. Great investment and income opportunity for the right buyer! Please allow at least 24 hours notice to schedule showing of property.
DESU145872
Single Family, Single Family-Detached
3
SUSSEX
2 Full
1948
8.3 Acres
Hot Water Heater, Well
Frame, Aluminum Siding
Gravity Septic System
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Courtesy: COLDWELL BANKER RESORT REALTY - L
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