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CRESCENT PLACE

frankford, DE 19945

$12,825,000

    Interested? Let's Connect

    **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 Delaware’s most resilient markets.

    Details

    17 Private Acres Lot Size

    land

    MLS/Listing ID DESU2113320

    Amenities & Features

    Public Water

    Public Sewer

    Lot - Cleared

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    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

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    The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

    All information deemed reliable but not guaranteed. Last date updated: 06/10/2026.
    Source: Bright Multiple Listing Service, Inc.

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