Back 520 Gum Bush Road
Off Market

520 Gum Bush Road

Townsend DE 19734

184259 sq. ft.
Land
Last sold for $475,000
Kate DiCesareKate DiCesare, last sold this property on 15 January 2026 after 166 days on market.

Overview

Amazing opportunity to purchase this piece of land and sub-divide into two parcels. Deed restrictions state that the property can only be two parcels. No builder tie-in. Owner had old home removed and the land soil tested for new septic system. Public water hook up available. The rear of the property borders state land reserve and has beautiful fruit bearing trees. Make your dream a reality and go see this for yourself!

Features

184259 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Townsend over the last 12 months, the estimated median property value of 520 Gum Bush Road is $213.5k.

Median value
$213.5k
Estimated value range
$85k - $475k
Median days on market
114
Estimated value trend
-25%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Townsend. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 520 Gum Bush Road

2026
Sold
$475,000
15 Jan 2026 by Kate DiCesare, of Iron Valley Real Estate at The Beach
2021
Sold
$185,000
03 Sep 2021 by James Gilbert, of Welcome Home Realty

Happy sellers in Townsend

84%
84% of sellers in Townsend reported that their sale price either exceeded or met their price expectations.

Townsend stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Townsend over the last 12 months.

Local market activity for land plots in Townsend

In the last 12 months, 3 land plots similar to 520 Gum Bush Road, have been sold.

This represents a 82% increase in land plots sales when compared to the previous 12 months.

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