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Lot/land
  • Price cut: $2M (12/26)
    $5,900,000

    32474 Lighthouse Rd, Selbyville, DE 19975

    --beds
    --baths
    8.4Acres
    Unimproved Land
    Built in ----
    8.4 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    968 days
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    108
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 16, 2026 at 12:17pm

    Listed by:

    Nancy Reither 410-603-5050,

    Coldwell Banker Realty 4438562211

    Source: Bright MLS,MLS#: DESU2044978MLS Logo

      Facts & features

      Property

      Lot
      • Size: 8.4 Acres
      Details
      • Parcel number: 53317.00182.00
      • Zoning: TN
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Other
      • Water: None

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Selbyville

      Financial & listing details

      • Tax assessed value: $12,750
      • Annual tax amount: $527
      • Date on market: 7/26/2023
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,723/mo

        Price history

        Price history
        DateEventPrice
        12/26/2025Price change$5,900,000-25.3%
        Source: Bright MLS #DESU2044978 Report a problem
        1/1/2024Price change$7,900,000+75.6%
        Source: Bright MLS #DESU2044978 Report a problem
        8/30/2023Price change$4,500,000-8.2%
        Source: Bright MLS #DESU2044978 Report a problem
        7/26/2023Listed for sale$4,900,000+665.6%
        Source: Bright MLS #DESU2044978 Report a problem
        7/19/2023Listing removed$640,000
        Source: Bright MLS #DESU2032140 Report a problem
        12/2/2022Price change$640,000-14.7%
        Source: Bright MLS #DESU2032140 Report a problem
        11/9/2022Listed for sale$750,000-54.1%
        Source: Bright MLS #DESU2032140 Report a problem
        3/21/2019Sold$1,633,500+8.9%
        Source: Public Record Report a problem
        8/11/2017Sold$1,500,000
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$611 +0.1%$12,750
        2023$610 +1.4%$12,750
        2022$602 +2.6%$12,750
        2021$586 +4.1%$12,750
        2020$563 $12,750 -24.8%
        2019$563 +0.4%$16,950
        2018$561 -49.2%$16,950
        2017$1,104 +24.8%$16,950
        2016$884 -1.9%$16,950
        2015$902 +1%$16,950
        2014$893 $16,950

        Find assessor info on the county website

        BuyAbility℠ payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Boost your down payment with 6% savings match

        Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: 19975

        Getting around

        0 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Indian River

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        Local experts in 19975