Property

Frankford, DE 19945 Crescent Place

Crescent Place Frankford, DE - Image 1Crescent Place Frankford, DE - Image 2Crescent Place Frankford, DE - Image 3
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Crescent Place Frankford, DE - Image 4
Presented By: Compass
  • MLS# DESU2113320
  • 06/02/2026
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Home Details

**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 Delawares most resilient markets.
Presented By: Compass

General for Crescent Place

Additional Parcels Description134-19.00-24.00-1 thru 134-19.00-24.00-57
Additional Parcels Y/NYes
CityFRANKFORD
Clean Green Assessed Y/NNo
Condo/Coop Association fee Y/NNo
CountySUSSEX
Current UseVacant
DirectionsOn Central Ave, but before Ironwood community.
HOANo
Legal SubdivisionBALTIMORE HUNDRED
Lot Size Square Feet740520.00
Lot Size UnitsSquare Feet
MLS AreaBaltimore Hundred (31001)
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG17.32
Property SubtypeLand
Property TypeLand
School DistrictINDIAN RIVER
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameNONE AVAILABLE
Sussex DE QuadrantsBetween Rt 1 & 113
UtilitiesSewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
ZoningMR

Exterior for Crescent Place

Lot Dimensions0.00 x 0.00
Lot FeaturesAdditional Lot(s), Cleared, Other
Lot Size Acres17.00
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Lord Baltimore Elementary School
High School Indian River High School
Middle School Selbyville Middle School

Tina Torres

Broker/Owner
Price $12,825,000
MLS#DESU2113320
List Date 06/02/2026
Property Type Land
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