Property
Lewes, DE 19958 30875 Saddle Ridge Way
$1,199,900
Presented By: EXP Realty, LLC
Home Details
Massive parcel in the highly desirable Lewes ZIP code featuring an operational solar farm already generating strong passive income. Secure consistent returns throughout the solar farm lease term, then unlock the full potential of the landwhether for development, resale, or long-term hold. With a standalone land valuation of $900K (per appraisal), plus built-in lease revenue, this property presents a rare opportunity for a savvy investor seeking both immediate cash flow and future upside.
Presented By: EXP Realty, LLC
General for 30875 Saddle Ridge Way
Additional Parcels Y/NNo
Assoc Fee Paid PerAnnually
CityLEWES
CountySUSSEX
Current UseOther
DirectionsTake Beaver Dam Rd. east, make a right into Saddle Ridge Way, lot is at the end of the driveway. Parcel is located at the end of the private driveway - please, set up a showing online if in-person viewi
DisclosuresAgent has Financial Interest
HOAYes
HOA Fee$600.00
Lot Size Square Feet306227.00
Lot Size UnitsSquare Feet
MLS AreaLewes Rehoboth Hundred (31009)
OwnershipFee Simple
PossessionCoin w/Sell Sett
Price Per Sq Ft Total AG3.92
Property SubtypeLand
Property TypeLand
School DistrictCAPE HENLOPEN
SewerOther
Standard StatusActive
StatusACTIVE
Subdivision NameIRONHORSE RANCH
Sussex DE QuadrantsBetween Rt 1 & 113
Tax Annual Amount593.0
Tax Assessed Value281000.0
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
ZoningAR-1
Exterior for 30875 Saddle Ridge Way
Land Use CodeUnited States
Lot Size Acres7.03
Lot Size SourceEstimated
Navigable Water Y/NNo
Water Oriented Y/NNo
Water SourceOther
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Monica Henriques
Real Estate Agent