Residential Land For Sale

Picture of Residential Land For Sale in Frederica, Delaware, United States

$2,650,000

542 Skeeter Neck Rd
Frederica, Delaware, United States

Listed By: Realtyww Info

Listed On: 05/11/2023

Listing ID: GL10565613 View More Details

Description

Welcome to Barratt's Hall, a sprawling tree and wildlife farm that encompasses over 300 acres and touching the Murderkill River. It is located just southeast of Little Heaven right off Route 1. The property has over 140 acres in the Conservational Reserve Program (there may be an opt-out), and the rest is timber and tidal marsh. There are also 3 dwellings on the property that are rented out, one property being 'Barratt's Hall, built in the mid eighteenth century and the actual place that 'the Methodist Church in America was organized'. This home is on the National Register of Historic Places and have some perc's that come with it. There are several leases in place that come with the property, each of which could possibly be terminated, including house rental (five rental units), CRP land rental, and hunting leases. Some information will be included in the listing. The listing agent can also give you more information with a serious buyer. Over 140 acres was formerly farm land with Sassafras soil types, one of the best soils in Kent County. The tree stand appears to be less than 20 years old and is currently a habitat for wildlife. The upland tree areas have been timbered but there is still a decent tree base there. The property has 5 ponds throughout the farm and the rest of the acreage is tidal marsh. The property currently has 3 separate deeds with one small deed (1.11 acres) possibly being sold with one of the residences on the property. The other two include a duplex which is rented and Barratt's Hall which is also currently rented. The old deed registers 256 acres for one parcel and 40 acres for the other. Satellite geometry registers 280 acres for the main parcel and 48 acres for the other parcel, which borders the river but is mostly tidal marsh. There is also a separately deeded 1.11 parcel which remains the same dimensions. Wouldn't it be amazing to own 'a piece of history'. Please don't miss out on this once in a lifetime opportunity.

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Listed by: Lakeview Realty Inc