Massive parcel in the highly desirable Lewes ZIP code featuring an operational solar farm already generating strong passive income. Secure consistent returns throughout the solar farm lease term, then unlock the full potential of the land—whether for development, resale, or long-term hold. With a standalone land valuation of $900K (per appraisal), plus built-in lease revenue, this property presents a rare opportunity for a savvy investor seeking both immediate cash flow and future upside.
Lot/land
$1,199,900
30875 Saddle Ridge Way, Lewes, DE 19958
--beds
--baths
7.03Acres
Unimproved Land
Built in ----
7.03 Acres Lot
$-- Zestimate®
$--/sqft
$50/mo HOA
What's special
- 110 days |
- 124 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Anton Balakin 302-228-2756,
EXP Realty, LLC 8885434829
Source: Bright MLS,MLS#: DESU2111214
Facts & features
Property
Lot
- Size: 7.03 Acres
Details
- Parcel number: 23406.006.04
- Zoning: AR-1
- Special conditions: Standard
Utilities & green energy
- Sewer: Other
- Water: Other
Community & HOA
Community
- Subdivision: Ironhorse Ranch
HOA
- Has HOA: Yes
- HOA fee: $600 annually
Location
- Region: Lewes
Financial & listing details
- Tax assessed value: $281,000
- Annual tax amount: $593
- Date on market: 5/4/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $1,199,900 |
Source:  Bright MLS #DESU2111214 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $593 -31.6% | $140,500 +698.3% |
| 2024 | $867 +100.2% | $17,600 +100% |
| 2023 | $433 | $8,800 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 19958
Nearby schools
GreatSchools rating
- 5/10Milton Elementary SchoolGrades: K-5Distance: 7 mi
- NAFrederick D Thomas Middle SchoolGrades: 6-8Distance: 4.8 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 4.9 mi
Schools provided by the listing agent
- District: Cape Henlopen
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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