5659 Penney Creek Rd, Greenwood, DE 19950
- $756,000
- 3
- BD
- 2
- BA
- 1,904
- SqFt
- Sold Price
- $756,000
- List Price
- $775,000
- Closing Date
- Apr 14, 2026
- Status
- CLOSED
- MLS#
- DESU2102780
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 1,904
- Lot Size (Acres)
- 71.93
- Style
- Farmhouse
- Year Built
- 1987
- County
- Sussex
- School District
- Woodbridge
Property Description
Discover the untapped potential of this expansive 70+/- acre property, possibly suited for a horse training facility or a private country homestead. The property includes two distinct living quarters, providing options for owner-occupancy or consistent rental income. The classic farmhouse features three bedrooms and 1.5 bathrooms, while a separate 2-bedroom, 2-bathroom trailer is currently occupied by a tenant. Both residences are equipped with electric heat and window AC units. Each dwelling is serviced by its own dedicated well. There are several outbuildings on the property, including a wash bay and on-site bathroom. The property features a half-mile racetrack; while currently overgrown, the foundation remains, offering a straightforward restoration project to return it to its former glory. Supporting the land is a massive hay barn with high-volume storage and an expansive long shed that houses a shop and deep bays for tractor and equipment parking. This secondary workspace also includes a small office with a sink, great for administrative tasks or shop management. Property being sold as-is, where-is with no guarantees or warranties.
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Additional Information
- Area
- Northwest Fork Hundred (31012)
- Subdivision
- None Available
- Building Name
- None Available
- School District
- Woodbridge
- Exterior Features
- Outbuildings
- Heating
- Other
- Cooling
- Window/Wall
- Water
- Private Well, Well
- Sewer
- Septic Tank
Mortgage Calculator
Listing courtesy of Keller Williams Realty. Contact:
Selling Office: Coldwell Banker Realty.