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102 Joshua Ln - 102, 103, 104, 105, 106, and 108 Joshua Lane 2.28 Acres of Residential Land Offered at $650,000 in Newark, DE 19711



Executive Summary
Property Facts
| Price | $650,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 2.28 AC |
| Property Type | Land |
| Price | $650,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 2.28 AC |
1 Lot Available
Lot Multiple
| Price | $650,000 | Lot Size | 2.28 AC |
| Price Per AC | $285,087.72 |
| Price | $650,000 |
| Price Per AC | $285,087.72 |
| Lot Size | 2.28 AC |
This offering includes six improved building lots - Electric, Water and Gas are already to each homesite.
Description
The Historic Village of Phillips Mill – Builder/Contractor Opportunity An exceptional investment opportunity awaits in The Historic Village of Phillips Mill, a thoughtfully planned, age-restricted luxury neighborhood offering both charm and modern convenience. Thes six remaining building sites are perfectly suited for a builder or contractor seeking to make a meaningful impact in a distinctive and upscale community. This offering includes six improved building lots - Electric, Water and Gas are already to each homesite 4 townhouse lots Barn - 2 twin (semi-detached) home lots All infrastructure improvements have been completed, significantly streamlining the construction process. With utilities and site work already in place, the path to securing building permits is clear—minimizing delays and maximizing efficiency. Even more valuable, all existing building plans are included with the sale, saving time and design costs while providing a cohesive architectural vision for the remaining homes. A Distinctive Residential Community The greater neighborhood features a carefully curated mix of 17 residences, including: Historic-inspired mill homes Semi-detached homes A 3-unit condominium building A charming farmhouse This blend of architectural styles creates character and visual interest while maintaining a cohesive, upscale aesthetic. Prime Location Advantage Located just minutes from the University of Delaware, the property benefits from strong locational appeal. Its proximity to campus makes it highly attractive to faculty, staff, and other professionals seeking refined, low-maintenance living within a peaceful setting. Flexible Purchase Terms The sale includes the following lots: 102 Joshua Ln. 104 Joshua Ln. 106 Joshua Ln. 108 Joshua Ln. 103 Joshua Ln. 105 Joshua Ln. The seller is also open to possible owner financing, offering additional flexibility and enhancing the investment potential. Investment Highlights ?? Improved lots ?? Existing Building plans included ?? Diverse housing options (townhomes & twins) ?? Established luxury, age-restricted community ?? Close proximity to University of Delaware ?? Potential seller financing available This is a rare opportunity to step into a well-planned, character-rich neighborhood with much of the groundwork already complete. For a builder or contractor looking to develop in a desirable location with strong market appeal, The Historic Village of Phillips Mill represents a compelling and turnkey opportunity.
Presented by
102 Joshua Ln - 102, 103, 104, 105, 106, and 108 Joshua Lane
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