1 LAKE DR Bear, DE 19701
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $65
Subdivision Rivers End
MLS Listing ID DENC2111164
Style Other
Bedrooms 4
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 12,000
Year Built 1979
Annual Tax Amount $792
Tax Year 2025
Lot Size 0.620 Acres
Acres 0.62
Property Sub-Type Detached
Source BRIGHT
Property Description
A truly rare lakefront opportunity in New Castle County awaits at 1 Lake Drive in Bear, Delaware. Situated on approximately 0.62 acres along the water, this extraordinary property combines a substantial homesite, sweeping lake views, exceptional privacy, and a massive custom residence currently under construction. Opportunities offering this combination of lot size, direct proximity to the lake, water views, and nearly 12,000 square feet of potential living space are exceptionally difficult to find in northern Delaware.
The existing structure has undergone an ambitious expansion and transformation, giving the next owner the opportunity to take over a remarkable project and complete it according to their own vision. Extensive framing is already in place across multiple levels, with oversized window openings positioned to capture natural light and dramatic views of the surrounding property and lake. The scale of the home provides tremendous flexibility for expansive living and entertaining areas, multiple bedroom suites, home offices, recreation spaces, guest accommodations, fitness areas, or other custom configurations. A substantial rooftop level creates even more possibilities for outdoor living and entertaining with elevated views across the surrounding landscape.
Outside, the oversized grounds offer space rarely associated with lakefront property in this part of New Castle County. The property includes an existing in-ground pool area, extensive yard space, mature landscaping, and direct visual connection to the water, creating the foundation for a private resort-style setting.
For an owner-occupant, this is an opportunity to finish a one-of-a-kind custom waterfront estate rather than compromise with someone else's design. For a builder or investor, the property's size and distinctive setting may present an equally compelling opportunity. Subject to applicable zoning, licensing and governmental approvals, buyers may also explore its potential as a luxury short-term rental/Airbnb, executive rental, furnished rental, or high-end long-term rental, where the combination of extraordinary square footage and a lakefront setting could create a uniquely differentiated offering.
Located in Bear, DE, yet offering a setting that feels completely removed from the typical suburban home, 1 Lake Drive is not simply another renovation project—it is a chance to complete a landmark property. Bring your architect, builder and imagination and transform this unfinished canvas into an exceptional Delaware lakefront residence, luxury retreat, or investment property.
Property is being offered in its current unfinished condition. Buyer is responsible for verifying square footage, construction status, permits, zoning, short-term/long-term rental eligibility and all intended uses.
Location
State DE
County New Castle
Area Newark/Glasgow (30905)
Zoning NCPUD
Rooms
Main Level Bedrooms 4
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Waterfront Description Boat/Launch Ramp - Private
Water Access Y
Water Access Desc Boat - Electric Motor Only,Private Access
Accessibility None
Garage N
Private Pool Yes
Building
Story 3
Foundation Other
Above Ground Finished SqFt 12000
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 3
Additional Building Above Grade
New Construction N
Schools
School District Christina
Others
Senior Community No
Tax ID 10-028.30-263
Ownership Fee Simple
SqFt Source 12000
Special Listing Condition In Foreclosure
