INVESTOR ALERT! Don’t miss this rare opportunity to breathe new life into a charming rancher with unlimited potential. This 3-bedroom, 1-bath ranch-style home is ready for its new owner to restore and reimagine. Located in the highly sought-after neighborhood of Forest Gate, the property offers the peace and privacy of quiet country living while being part of the award-winning Smyrna School District. Set on a spacious 1-acre corner lot with no deed restrictions, the home gives you the freedom and flexibility to be creative, whether that means adding outdoor living spaces, expanding the home, or customizing it to fit your vision. With it's desirable single-level layout, and plenty of room to make it your own, this property is perfect for investors, renovators, or buyers eager to design their dream home. Opportunities like this don’t come often! Schedule your showing today and unlock the potential of this opportunity to innovate! Home is being sold as-is with contents inside remaining.
Under contract
$157,500
3318 Underwoods Corner Rd, Clayton, DE 19938
3beds
960sqft
Est.:
Single Family Residence
Built in 1970
1 Acres Lot
$234,300 Zestimate®
$164/sqft
$-- HOA
What's special
Single-level layout
- 2 days
- on Zillow |
- 616 |
- 52 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 21, 2025 at 02:09pm
Listed by:
Ken Devitt 302-545-1904,
Crown Homes Real Estate 302-295-9430
Source: Bright MLS,MLS#: DEKT2040322

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Attic, Entry Level Bedroom
- Basement: Walk-Out Access,Unfinished,Sump Pump,Concrete
- Has fireplace: No
Interior area
- Total structure area: 960
- Total interior livable area: 960 sqft
- Finished area above ground: 960
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 1 Acres
- Dimensions: 1.00 x 0.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: KH0003500012900000
- Zoning: AC
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Brick Front, CPVC/PVC
- Foundation: Concrete Perimeter
Condition
- Fixer
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Gravity Sept Fld
- Water: Well
Community & HOA
Community
- Subdivision: Forest Gate
HOA
- Has HOA: No
Location
- Region: Clayton
Financial & listing details
- Price per square foot: $164/sqft
- Tax assessed value: $276,000
- Annual tax amount: $1,164
- Date on market: 8/20/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Negotiable
- Inclusions: Appliances
- Exclusions: Personal Property
- Ownership: Fee Simple
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