Tucked away at the end of non-through street and surrounded by mature trees, this beautifully renovated 1950s brick home offers something increasingly rare, authentic character, timeless craftsmanship, and a setting filled with privacy and charm. Far from a cookie-cutter property, this sturdy brick residence was built to last and has been thoughtfully reimagined with a fresh contemporary farmhouse aesthetic while preserving its enduring appeal. A welcoming front porch leads to a stunning decorative wood entry door, setting the tone for the stylish interiors beyond. Inside, you'll find crisp white walls, elegant crown molding, farmhouse-inspired lighting, and a soothing neutral color palette that creates a warm and inviting atmosphere. Black fixtures and hardware throughout add a sophisticated modern contrast, while luxury vinyl plank flooring flows seamlessly through most of the main level. To the left of the foyer, the spacious primary suite serves as a private retreat, featuring crown molding, recessed lighting, and a sliding barn door leading to a beautifully appointed en suite bath. The bath includes dual vanities, a walk-in shower with a rain showerhead, and a private water closet. To the right, a generously sized family room welcomes gatherings with crown molding and recessed lighting, opening effortlessly into the heart of the home. The beautifully updated kitchen features quartz countertops, a breakfast-bar island, stainless steel appliances, and a convection self-cleaning oven. Just beyond, the formal living room offers a striking black-and-white painted brick wood-burning fireplace, creating the perfect focal point for cozy evenings and holiday celebrations. The formal dining room is equally inviting, highlighted by a dramatic black chandelier, crown molding, and chair rail detailing that add elegance and character to every gathering. Down the hallway, you'll find two comfortable guest bedrooms with plush carpeting, a full hall bath with a tub/shower combination, a linen closet, and a second primary suite. This additional suite features plush carpeting and a private en suite bath complete with a tiled shower, classic black fixtures, and a rain showerhead, making it ideal for guests or multi-generational living. The full unfinished basement provides exceptional storage and future possibilities. It houses the laundry area, an oversized water heater installed in 2022, Bilco doors, and walk-up access to the backyard. A Generac whole-house generator and water treatment systemoffers additional peace of mind year-round. Outside, the property continues to impress. The oversized backyard provides ample room for outdoor entertaining, gardening, or recreation and includes a paver patio, storage shed, and a dramatic black wrought-iron gate that creates a memorable entrance at the end of the long private driveway. An attached two-car garage with automatic openers offers convenient access from both the driveway and rear patio. Visit the quaint town of Milford a short distance away. With shops and eateries. And the Milford Riverwalk. And you are still less than an hour to the Delaware beaches! Rich in character, thoughtfully renovated, and nestled in a private wooded setting, this exceptional home combines the quality and craftsmanship of a bygone era with the style and conveniences today's buyers desire. Some exterior photos have been virtually enhanced for presentation purposes.
For sale
Price cut: $19.9K (8/6)
$600,000
505 Lakewood Dr, Milford, DE 19963
4beds
2,126sqft
Single Family Residence
Built in 1954
0.58 Acres Lot
$-- Zestimate®
$282/sqft
$-- HOA
What's special
- 258 days |
- 535 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Kevin Hammersmith 301-370-3147,
Northrop Realty (302) 947-9100
Source: Bright MLS,MLS#: DESU2095850
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 4
Rooms
- Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer
Primary bedroom
- Features: Attached Bathroom, Ceiling Fan(s), Crown Molding, Window Treatments, Flooring - Luxury Vinyl Plank, Recessed Lighting
- Level: Main
- Area: 456 Square Feet
- Dimensions: 19 X 24
Bedroom 2
- Features: Flooring - Carpet, Attached Bathroom, Ceiling Fan(s), Crown Molding, Window Treatments, Recessed Lighting
- Level: Main
- Area: 182 Square Feet
- Dimensions: 13 X 14
Bedroom 3
- Features: Flooring - Carpet, Ceiling Fan(s), Crown Molding, Window Treatments, Recessed Lighting
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10 X 10
Bedroom 4
- Features: Flooring - Carpet, Ceiling Fan(s), Crown Molding, Window Treatments, Recessed Lighting
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12 X 14
Basement
- Features: Basement - Unfinished
- Level: Lower
- Area: 1120 Square Feet
- Dimensions: 32 X 35
Dining room
- Level: Main
Family room
- Features: Flooring - Luxury Vinyl Plank, Ceiling Fan(s), Recessed Lighting
- Level: Main
- Area: 247 Square Feet
- Dimensions: 13 X 19
Foyer
- Features: Flooring - Luxury Vinyl Plank
- Level: Main
- Area: 150 Square Feet
- Dimensions: 10 X 15
Kitchen
- Features: Breakfast Bar, Countertop(s) - Quartz, Flooring - Luxury Vinyl Plank, Kitchen Island, Eat-in Kitchen, Kitchen - Electric Cooking, Recessed Lighting, Pantry
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12 X 13
Living room
- Features: Flooring - Luxury Vinyl Plank, Fireplace - Wood Burning, Ceiling Fan(s), Crown Molding
- Level: Main
- Area: 285 Square Feet
- Dimensions: 15 X 19
Heating
- Heat Pump, Forced Air, Electric
Cooling
- Central Air, Heat Pump, Ceiling Fan(s), Electric
Appliances
- Included: Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Freezer, Ice Maker, Self Cleaning Oven, Oven/Range - Electric, Refrigerator, Stainless Steel Appliance(s), Washer, Water Conditioner - Owned, Water Heater, Water Treat System, Electric Water Heater
- Laundry: Has Laundry, Lower Level
Features
- Breakfast Area, Ceiling Fan(s), Chair Railings, Combination Kitchen/Living, Crown Molding, Dining Area, Entry Level Bedroom, Open Floorplan, Formal/Separate Dining Room, Eat-in Kitchen, Kitchen Island, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, 9'+ Ceilings, Dry Wall
- Flooring: Luxury Vinyl, Carpet
- Doors: Storm Door(s)
- Windows: Double Pane Windows, Double Hung, Screens, Vinyl Clad, Window Treatments
- Basement: Rear Entrance,Unfinished,Connecting Stairway,Full,Interior Entry,Sump Pump,Walk-Out Access,Windows,Exterior Entry
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Brick, Glass Doors, Mantel(s)
Interior area
- Total structure area: 2,126
- Total interior livable area: 2,126 sqft
- Finished area above ground: 2,126
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Side, Garage Door Opener, Storage, Asphalt, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Sqft: 615
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Porch, Roof
- Exterior features: Lighting, Extensive Hardscape
- Pool features: None
- Fencing: Decorative,Full,Back Yard,Privacy
- Has view: Yes
- View description: Garden, Trees/Woods
Lot
- Size: 0.58 Acres
- Dimensions: 134.00 x 156.00
- Features: Backs to Trees, Corner Lot, Front Yard, Landscaped, Level, No Thru Street, SideYard(s), Rear Yard, Wooded, Corner Lot/Unit
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 13003.0638.00
- Zoning: MR
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Brick, Stick Built, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Architectural Shingle,Pitched
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Exists
- Water: Well
Community & HOA
Community
- Security: Main Entrance Lock, Smoke Detector(s), Carbon Monoxide Detector(s)
- Subdivision: Chestnut Knoll Acres
HOA
- Has HOA: No
Location
- Region: Milford
Financial & listing details
- Price per square foot: $282/sqft
- Tax assessed value: $390,500
- Annual tax amount: $1,198
- Date on market: 12/5/2025
- 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 |
|---|---|---|
| 8/6/2026 | Price change | $600,000-3.2%$282/sqft |
Source:  Bright MLS #DESU2095850 Report a problem | ||
| 7/14/2026 | Price change | $619,900-1.6%$292/sqft |
Source: Bright MLS #DESU2095850 Report a problem | ||
| 6/4/2026 | Listed for sale | $629,900+110.5%$296/sqft |
Source: Bright MLS #DESU2095850 Report a problem | ||
| 5/12/2025 | Sold | $299,300$141/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,198 +114.5% | $195,250 +993.8% |
| 2024 | $558 -3.1% | $17,850 |
| 2023 | $576 +3.2% | $17,850 |
| 2022 | $558 -5.1% | $17,850 |
| 2021 | $589 -0.6% | $17,850 |
| 2020 | $592 | $17,850 |
| 2019 | $592 -1.3% | $17,850 |
| 2018 | $600 -0.8% | $17,850 |
| 2017 | $605 -2.6% | $17,850 |
| 2016 | $621 +35.9% | $17,850 |
| 2015 | $457 +4.1% | $17,850 |
| 2014 | $439 -1.7% | $17,850 |
| 2013 | $446 +3.1% | $17,850 |
| 2012 | $433 -6.6% | $17,850 |
| 2011 | $463 | $17,850 |
| 2010 | $463 +3.7% | $17,850 |
| 2009 | $446 | $17,850 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 19963
Nearby schools
GreatSchools rating
- 6/10Mispillion ElementaryGrades: 1-5Distance: 2.2 mi
- 3/10Milford Central AcademyGrades: 6-8Distance: 2.3 mi
- 5/10Milford Senior High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Ross
- Middle: Milford Central Academy
- High: Milford
- District: Milford
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $583,9003 bd4 ba3.8k sqft503 Lakewood Dr, Milford, DE 19963Off Market
- $489,7003 bd-- ba3k sqft504 Heath Row, Milford, DE 19963Off Market
- $317,9003 bd-- ba1.4k sqft506 Lakewood Dr, Milford, DE 19963Off Market
- $324,8003 bd-- ba1.4k sqft501 Lakewood Dr, Milford, DE 19963Off Market
- $422,7005 bd2 ba2.2k sqft513 Meadow Brook Ln, Milford, DE 19963Off Market
- $353,5003 bd-- ba1.4k sqft507 Wisseman Ave, Milford, DE 19963Off Market
- $417,6004 bd-- ba2.3k sqft504 Lakewood Dr, Milford, DE 19963Off Market
- $335,3003 bd-- ba1.5k sqft519 Meadow Brook Ln, Milford, DE 19963Off Market
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.
Similar homes
- $599,9003 bd3 ba2.5k sqftNone Available, Lincoln, DE 19960For Sale
MLS ID #DESU2117214, ELIZABETH DORMAN, Coldwell Banker Premier - Rehoboth. Bright MLS - $659,5003 bd3 ba2.7k sqftNone Available, Milford, DE 19963New Construction
MLS ID #DESU2114058, Matt Lunden, Keller Williams Realty. Bright MLS - $450,0003 bd2 ba1.6k sqftNone Available, Milford, DE 19963For Sale
MLS ID #DESU2117262, Nick MacDonald, Iron Valley Real Estate Premier. Bright MLS - $589,9003 bd3 ba2.6k sqftNone Available, Lincoln, DE 19960New Construction
MLS ID #DESU2111834, Chad Mitchell, Crown Homes Real Estate. Bright MLS - $485,0005 bd4 ba2k sqftNone Available, Milford, DE 19963For SaleMLS ID #DEKT2048584, Jemimah Chuks, EXP Realty, LLC. Bright MLS
- $540,0004 bd3 ba2.5k sqftNone Available, Lincoln, DE 19960For SaleMLS ID #DESU2117856, ROBIN PALUMBO THOMPSON, Northrop Realty. Bright MLS
- $479,5004 bd3 ba2.9k sqftNone Available, Milford, DE 19963For SaleMLS ID #DESU2114332, Russell Griffin, Keller Williams Realty. Bright MLS
- $602,0004 bd3 ba3k sqftNone Available, Ellendale, DE 19941New ConstructionMLS ID #DESU2113078, David Litz, Century 21 Emerald. Bright MLS
- $524,0004 bd3 ba2.5k sqftNone Available, Lincoln, DE 19960For SaleMLS ID #DESU2111362, Russell Griffin, Keller Williams Realty. Bright MLS
- $615,0003 bd3 ba1.7k sqftNone Available, Milton, DE 19968For SaleMLS ID #DESU2113846, Gary Desch, Northrop Realty. Bright MLS
- $600,0005 bd4 ba2.9k sqftNone Available, Milton, DE 19968For SaleMLS ID #DESU2116846, Julie Gritton, Coldwell Banker Premier - Lewes. Bright MLS
- $654,9904 bd3 ba2.8k sqftNone Available, Hannah Ellendale, DE 19941New ConstructionMLS ID #DESU2093338, Georgie Penny, Cape Realty. Bright MLS
- $625,0004 bd3 ba2.6k sqftNone Available, Milton, DE 19968For SaleMLS ID #DESU2107184, Patricia Halliburton, Northrop Realty. Bright MLS
- $649,9004 bd3 ba3.1k sqftNone Available, Felton, DE 19943For SaleMLS ID #DEKT2048098, Kimberly Morehart, Compass. Bright MLS
- $509,0004 bd3 ba2.6k sqftNone Available, Greenwood, DE 19950For SaleMLS ID #DESU2107428, Russell Griffin, Keller Williams Realty. Bright MLS
- $699,0003 bd2 ba1.2k sqftNone Available, Milford, DE 19963For SaleMLS ID #DESU2112086, Julie Gritton, Coldwell Banker Premier - Lewes. Bright MLS
- $370,0003 bd2 ba1.1k sqftNone Available, Lincoln, DE 19960For SaleMLS ID #DESU2117828, Ron Harris, Atlantic Shores Sotheby's International Realty. Bright MLS
- $595,0004 bd3 ba2.9k sqftNone Available, Seaford, DE 19973For SaleMLS ID #DESU2114054, Dustin Parker, The Parker Group. Bright MLS
- $529,9504 bd3 ba2.7k sqftNone, Greenwood, DE 19950For SaleMLS ID #DEKT2049730, Elmar Ashman, Redfin Corporation. Bright MLS
- $650,0003 bd3 ba2.4k sqftNone Available, Georgetown, DE 19947For SaleMLS ID #DESU2117030, Debbie Reed, RE/MAX Realty Group Rehoboth. Bright MLS
