Discover the untapped potential of this expansive 70+/- acre property, possibly suited for a horse training facility or a private country homestead. The property includes two distinct living quarters, providing options for owner-occupancy or consistent rental income. The classic farmhouse features three bedrooms and 1.5 bathrooms, while a separate 2-bedroom, 2-bathroom trailer is currently occupied by a tenant. Both residences are equipped with electric heat and window AC units. Each dwelling is serviced by its own dedicated well. There are several outbuildings on the property, including a wash bay and on-site bathroom. The property features a half-mile racetrack; while currently overgrown, the foundation remains, offering a straightforward restoration project to return it to its former glory. Supporting the land is a massive hay barn with high-volume storage and an expansive long shed that houses a shop and deep bays for tractor and equipment parking. This secondary workspace also includes a small office with a sink, great for administrative tasks or shop management. Property being sold as-is, where-is with no guarantees or warranties.
Listed By
Agency Name: Keller Williams Realty
Agency Phone: 3028561458
Shown By
Agent Name: Darlene Morton
Agent Phone:
Agency Title: Maverick Realty, LLC
Estimated Payment
$ 2,047.11 per month $1,724.81 Principal & Interest $96.25 Property Tax $226.04 Homeowner's Insurance
5659 Penney Creek Road | MLS# DESU2102780
This single family home located at 5659 Penney Creek Road, Greenwood, DE 19950 is currently listed for sale with an asking price of $775,000. This property was built in 1987 and has 3 bedrooms and 1 full and 1 partial baths with 1904 sq. ft. Penney Creek Road is located within the WOODBRIDGE school district. Search Greenwood real estate on dmorton.maverickrealtyusa.com today.