Builder/Investor opportunity! Rare opportunity to own a fantastic private 6+ acre lot backing up to White Clay Park! This location is amazing! Build your dream home or subdivide up to 4 lots, no builder tie in. This property was untouched for over 100 years. It's adjacent to the house you will see next to this property where young children attended school in the school house. The owners of the school house manicured the property 3 years ago by cleaning it up and planting an orchard on the open field with about 100 new trees including a variety of fruit trees right next door. There is a also a beautiful iron automatic gate with a remote that was installed with stone pillars and walls to match the rustic natural beauty of the property. You will see about 32 newly planted Cherry trees that line up smith mill road to give it a beautiful look in season. There is a stream on the back part of the property that runs through to White Clay Creek Park across the rear of the property making this a unique property allowing you to have privacy since there will never be any homes built across this unique property on the white clay creek park. The previous owners spent a substantial amount to create an open clean look for a future buyer. If you want privacy and peace this is the property you have been looking for.
Fairway Falls, located between Pike Creek and Hockessin, is a residential and golf-adjacent Pike Creek Valley neighborhood with wooded lanes and cul-de-sac streets. The neighborhood’s character concentrates around the Pike Creek Shopping Center area at Limestone Road (DE-7) and Pike Creek Road, where cafés, salons, and local services cluster in a steady daytime hum. Nearby, the Delaware Park Racetrack & Slots adds a distinct regional landmark and event-night energy. Housing reads as late-20th-century suburban, with brick-front colonials and split-levels set back behind mature trees. Outdoor time centers on the Pike Creek Greenway and the trails at Middle Run Natural Area. Daily errands and casual meetups orbit the small retail nodes along Limestone Road.
Provided by Walk Score and Local Logic
Market insights
400 Smith Mill Rd · $850,000
DAYS ON MARKET
53 days
The average home goes pending in 35 days.
SALE-TO-LIST
100.3%
Most homes are selling 0% above list price.
LIST PRICE
$850,000
Median sale price in this area is $473,691. (44% lower than this home)
PRICE DROP
0 price drops
20% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Property intended for residential use
Fee simple ownership
Exterior features
Lot dimensions approximately 901.00 x 1089.90
Home design
Construction not completed
Construction
Property is under construction (not completed)
Utilities
Public water
On-site septic system
Financial info
2025 tax year with annual tax amount reported
Electricity and solar
View estimated energy costs and solar savings for this home
This district permits a wide range of residential uses. This district includes all the newly developing areas designated as growth areas in the Comprehensive Development Plan.; This district permits moderate to high density development and a full range of residential uses in a manner consistent with providing a high quality suburban character. Significant areas of open space and/or landscaping shall be provided to maintain the balance between green space and buildings that characterize suburban character. The highest densities are permitted in designed communities, hamlets and villages through the use of Smart Code techniques.; This district is not intended to be used for fully developed areas. Fully developed areas are zoned Neighborhood Conservation (NC). The Suburban District is used for in-fill tracts containing at least 5 acres or where New Castle County seeks to redevelop the area to suburban character.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Group
Housing-Single unit
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Newark, DE • 19711
Average low and high temperatures (°F)
35
22
40
26
58
37
66
46
71
54
82
64
86
70
80
61
76
60
67
47
56
39
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 4% for direct sun exposure in Newark. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 400 Smith Mill Rd
$842,143
$7,857 under list price of $850K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $385K to $767K.