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91 OLD RED MILL ROAD, Newark, DE 19711
$295,000 Asking Price
$---/mo Est. Payment Get Prequalified »Welcome to a slice of history in Newark, Delaware, where this historic mill presents an extraordinary opportunity. Situated on a lush .7-acre plot, this unique structure backs up to the picturesque White Clay Creek, offering serene views and a tranquil setting. Imagine the possibilities as this mill, brimming with character, could be transformed into a stunning single-family home or a collection of townhomes. It's a blank canvas for those with a vision to create a living space that blends historical charm with modern living. The mill is not just limited to residential conversion. It also holds immense potential as a workshop or studio, ideal for artisans, craftsmen, or anyone with a hobby that requires space and inspiration. The ambiance here is just right for creativity and productivity to flourish. Importantly, the mill is already connected to public sewer and has electric, laying the groundwork for renovation and reducing initial development hurdles. This feature is invaluable, saving time and resources as you embark on transforming this space. This property is not just a building; it's a chance to own and shape a piece of history, making it a personal dream project or an investment with significant upside. For those who see the beauty in the old and the potential in the new, this historic mill in Newark is an opportunity waiting to be seized.
Features & Amenities
Interior
- Flooring:
- Wood
- A/C:
- None
- Heating:
- None
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Craftsman
Construction
- General:
- Stone,Wood Siding, 2, Stone
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- CHRISTINA
- County:
- NEW CASTLE
Lot
- Zoning:
- S, 08-060.00-017
- View:
- River
- Current Use:
- 0
Utilities
- Water:
- None
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
- Exclusions:
- All personal items within the mill will be removed by the seller prior to closing.
This listing courtesy of:
Crown Homes Real Estate, Amanda Bradford
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Newark, DE
Housing
- Number of Units
- 56,629
- Median Home Value
- $274,952
- Median Rent
- $1,139
38.57% of housing units are renter occupied.
6.93% are vacant.
Commute
- Car
-
70.05%
- Public Transportation
-
1.65%
- Walk to Work
-
2.87%
- Work from Home
-
24.01%
- Other
-
0.95%
The median travel time to work is 20 minutes.
People
- Population
- 143,594
- Median Age
- 36.30
- Median Household Size
- 2.67
Education
- High School
-
27.89%
- Associate’s Degree
-
7.25%
- Bachelor’s Degree
-
23.21%
- Graduate Degree
-
16.63%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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