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Sold for $880,000
  • $880,000

    518 Schooner Ct, Newark, DE 19702

    5beds
    5,400sqft
    Single Family Residence
    Built in 2005
    1.6 Acres Lot
    $898,500 Zestimate®
    $163/sqft
    $5,043 Estimated rent

    Home value

    $898,500

    $818,000 - $988,000

    $5,043/mo

    Zestimate® history
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    What's special

    Workout roomDedicated home officeHeated three-car garagePrivate hot tubQuiet cul-de-sacMature beautiful treesWest-facing backyard
    Welcome to 518 Schooner Court, a truly stunning colonial-style home located at the end of a quiet cul-de-sac in the highly desirable Bay Pointe community of Newark, Delaware. This elegant and meticulously maintained residence offers over 3,800 square feet of refined living space and is nestled on an expansive 1.6-acre private lot. With no homes behind it, the backyard is a peaceful retreat surrounded by mature, beautiful trees—creating a sense of seclusion rarely found in suburban neighborhoods. From the moment you arrive, you’ll be impressed by the timeless curb appeal. The front of the home showcases beautiful stonework, complemented by clean, durable siding along the sides. The home possesses a heated three-car garage, which features a durable epoxy floor, custom 20-foot handcrafted wood beam, chair rail molding, built-in cabinetry, and gorgeous wood shutters that add a craftsman’s touch. Inside, the home’s layout is both spacious and sophisticated, offering five bedrooms and five bathrooms, with Baldwin-style glass doorknobs and stainless-steel hinges adorning every door for a touch of upscale detail throughout. The heart of the home is the custom-designed kitchen, which has been completely upgraded with African rainbow granite countertops, brand-new stainless-steel appliances, and a sleek, vented stovetop hood that efficiently expels cooking heat and odors outside. The kitchen seamlessly connects to a light-filled two-story family room with a cozy gas fireplace—ideal for both daily living and entertaining. Adjacent formal living and dining rooms add elegance, while a dedicated home office or potential bedroom and main-floor laundry room add functionality. Upstairs, the owner’s suite is a true sanctuary featuring, a private sitting area, and a luxurious ensuite bath. The master bathroom has been fully remodeled with a custom oversized shower equipped with four Moen body sprays, a sliding glass door, heated tile floors, and a soaking tub that invites relaxation. All upper-level bathrooms feature custom tile work, creating a high-end, cohesive aesthetic throughout. The finished basement offers an even more flexible living space, with rooms that could potentially be a workout room, or media/gaming area, full bathroom, perfect for entertaining or creating a home retreat. Step outside and you'll discover a three-tiered hardscaped patio, complete with a private hot tub and multiple gathering areas, ideal for relaxing or hosting guests. The west-facing backyard allows you to enjoy breathtaking sunsets every evening, casting a warm glow over the expansive and serene landscape. Additional features include a new Goodman HVAC system installed in 2019, ensuring year-round comfort and energy efficiency. The home also includes a side-entry garage with ample driveway parking, and it is located just minutes from I-95, Route 896, the University of Delaware, and Chesapeake City. Zoned for the acclaimed Appoquinimink School District—including Olive B. Loss Elementary, Alfred G. Waters Middle, and Appoquinimink High—this location offers both prestige and practicality. 518 Schooner Court is more than a home, it's a lifestyle. With high-end finishes, custom craftsmanship, private outdoor living, and thoughtful upgrades at every turn, this property stands out as one of Newark’s finest offerings. Don’t miss your opportunity to own this extraordinary residence—schedule your private tour today and experience the luxury for yourself.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kevin Emory 302-750-8480,

    Empower Real Estate, LLC

    Bought with:

    Rob Watson, RS220786L

    RE/MAX Elite

    Source: Bright MLS,MLS#: DENC2085660MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Finished
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 5,400
    • Total interior livable area: 5,400 sqft
    • Finished area above ground: 5,400
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Faces Side, Inside Entrance, Driveway, Attached
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Has private pool: Yes
    • Pool features: Private
    Lot
    • Size: 1.6 Acres
    • Dimensions: 52.50 x 345.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 11045.00008
    • Zoning: NC21
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Stone, Aluminum Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: On Site Septic
    • Water: Private

    Community & HOA

    Community
    • Subdivision: Bay Pointe
    HOA
    • Has HOA: Yes
    • HOA fee: $460 annually
    Location
    • Region: Newark

    Financial & listing details

    • Price per square foot: $163/sqft
    • Tax assessed value: $131,200
    • Annual tax amount: $5,215
    • Date on market: 7/21/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Inclusions: Pool Umbrellas, Storage Boxes, Dishwasher, Disposal, Microwave, Washer, Dryer, Shades / Blind, Garage Openers, Pool Equipment, Hot Tub
    • Exclusions: Shuffleboard Table, Sauna, Fitness Equipment, Weights, Rower, Stair Step, Gazebo Patio Furniture, Seller's Personal Property.
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/5/2025Sold$880,000+2.3%$163/sqft
    Source: Bright MLS #DENC2085660 Report a problem
    7/23/2025Contingent$860,000$159/sqft
    Source: Bright MLS #DENC2085660 Report a problem
    7/21/2025Listed for sale$860,000+75%$159/sqft
    Source: Bright MLS #DENC2085660 Report a problem
    10/3/2005Sold$491,520$91/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $815,100 +521.3%
    2024$5,678 +16.6%$131,200
    2023$4,870 -0.3%$131,200
    2022$4,883 +1.2%$131,200
    2021$4,823 +1.1%$131,200
    2020$4,770 +7.7%$131,200
    2019$4,430 +7.7%$131,200
    2017$4,113 +9.9%$131,200
    2016$3,744 $131,200
    2015$3,744 +2.7%$131,200
    2014$3,645 $131,200
    2013-- $131,200
    2012-- $131,200
    2011-- $131,200
    2010-- $131,200
    2009-- $131,200
    2008-- $131,200
    2007-- $131,200 +3.5%
    2006-- $126,800 +2049.2%
    2005-- $5,900
    2004-- $5,900
    2003-- $5,900
    2002-- $5,900
    2001-- $5,900
    Find assessor info on the county website

    Neighborhood: Bay Pointe

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Appoquinimink

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $898,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $898,500