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614 Loveville Road #E5a

Hockessin DE 19707

Land
Currently for sale - view listing

Overview

This is a rare opportunity to build a 45 unit luxury condo building in Hockessin, DE . This Pad site is available for the last building of an approved development plan from 1972 that was never constructed as sewer capacity WAS unavailable but was made available in September of 2015. Coffee Run Condominiums is a unique condo community located in Hockessin, DE and is conveniently located within 10 minutes of the city of Wilmington and Wilmington Train Station, easy access to Philadelphia Airport and Kennett Square, PA. Public water, sewer and electric are available at the location. Each unit will have its own HVAC system so you can anticipate monthly condo fees substantially lower than the current fees charged for the other units. Parking lot and common areas have been completed with other buildings. A 5 story, masonry and glass brick building was planned and a new buyer needs to retain an exterior similar to the existing buildings. New Castle County has maintained that the pad site will be treated as an unfinished part of the original development and not as a new development. Seller has maintained 45 votes in the Coffee Run Condominium Association. Sales price to include one, fifth floor unit completed t drywall stage. Interior finishes will be done by the seller.

Features

Land

Property history for 614 Loveville Road #E5a

2023
Sold
Undisclosed
21 Jun 2023
2023
Sold
$268,700
07 Mar 2023 by Robert Teeven, of Long & Foster Real Estate, Inc.
2023
Sold
$299,000
24 Feb 2023 by Jeff Sammons, of Patterson-Schwartz Real Estate | Hockessin Office

Happy sellers in Hockessin

63%
63% of sellers in Hockessin reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 8 reviews in Hockessin over the last 12 months.

Local market activity for land plots in Hockessin

In the last 12 months, 4 land plots similar to 614 Loveville Road #E5a, have been sold.

This represents a 25% increase in land plots sales when compared to the previous 12 months.

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