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For sale
  • Price cut: $48K (7/6)
    $549,900

    701 Greenbank Rd, Wilmington, DE 19808

    3beds
    1,525sqft
    : 
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    Single Family Residence
    Built in 1940
    2 Acres Lot
    $-- Zestimate®
    $361/sqft
    $-- HOA

    What's special

    Bright open floor planExpansive groundsOriginal hardwood floorsThree light-filled bedroomsStainless steel appliancesGenerous closet spaceConvenient laundry area
    Fully renovated home on a private 2-acre lot in the heart of the Newport/Pike Creek area. This exceptional property has been painstakingly modernized with a bright, open floor plan while maintaining the privacy and charm of its beautiful natural setting. What truly sets this property apart is the **rare and valuable 2-acre parcel**. In an area where large tracts of land are increasingly difficult to find, this property offers opportunities that simply aren't available with most homes. Whether you're looking to build an additional residence (subject to local approvals), create a private family compound, add a large workshop or outbuilding, or establish a home-based business, the expansive acreage provides incredible flexibility for future use. With county water and sewer available, the property's generous size and utility access significantly enhance its long-term value and development possibilities. Whether you're an investor, entrepreneur, contractor, or homeowner seeking room to grow, this property offers a unique combination of move-in-ready living and future potential. Properties offering this much usable land in such a convenient location are exceptionally rare. Enjoy the privacy of a country setting while remaining just minutes from shopping, dining, major highways, and everything the Newport and Pike Creek areas have to offer. Inside, the home has been thoughtfully transformed while preserving its 1940s charm. The bright, open floor plan features spacious living and dining areas that flow seamlessly into a stylish kitchen with quartz countertops, stainless steel appliances, gas cooking, a peninsula for seating, open shelving, and a large window overlooking the property. A convenient laundry area sits just off the kitchen and leads to a full bath. Upstairs, you'll find three light-filled bedrooms with original hardwood floors, generous closet space, and a beautifully updated full bathroom featuring a walk-in shower. Major improvements provide peace of mind for years to come, including: New Castle County sewer connection (2022) Complete plumbing replacement Complete electrical rewiring with 150-amp service New windows (2023) New exterior doors (2023) New two-zone HVAC and central air system (2023) New water heater (2026) The detached garage offers tremendous flexibility with gas, water, Cat6 internet wiring, and an 80-amp electrical subpanel already in place. Its second floor presents exciting possibilities for a future office, studio, workshop, or potential guest/apartment space (subject to approvals). Adding to the property's unique value, the sewer installation included a junction designed to accommodate future development, creating the potential for additional homesites. Whether you're seeking multigenerational living, investment opportunities, or simply room to grow, this property offers possibilities rarely found in such a convenient location. A large storage shed provides additional utility, while the expansive grounds offer endless opportunities for gardening, hobby farming, recreation, or simply enjoying the privacy and beauty of your own two-acre retreat. A truly unique property combining a move-in-ready home, valuable infrastructure improvements, and future development potential—all just minutes from shopping, dining, major highways, and everything the Newport and Pike Creek areas have to offer. Open SUnday 7/12 1-3.
    24 days
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    1,574
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    75
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    Zillow last checked:

    Listing updated:

    Listed by:

    Margo Stitz 302-983-4871,

    Long & Foster Real Estate, Inc. 3023515000,

    Co-Listing Agent: Michael A Porro 302-383-6520,

    Long & Foster Real Estate, Inc.

    Source: Bright MLS,MLS#: DENC2104858MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      Rooms
      • Room types: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Full Bath
      Bedroom 1
      • Level: Upper
      • Area: 121 Square Feet
      • Dimensions: 11 X 11
      Bedroom 2
      • Level: Upper
      • Area: 182 Square Feet
      • Dimensions: 14 X 13
      Bedroom 3
      • Level: Upper
      • Area: 143 Square Feet
      • Dimensions: 13 X 11
      Dining room
      • Level: Main
      • Area: 208 Square Feet
      • Dimensions: 16 X 13
      Other
      • Level: Main
      • Area: 40 Square Feet
      • Dimensions: 8 X 5
      Other
      • Level: Upper
      • Area: 72 Square Feet
      • Dimensions: 9 X 8
      Kitchen
      • Level: Main
      • Area: 117 Square Feet
      • Dimensions: 9 X 13
      Laundry
      • Level: Main
      • Area: 64 Square Feet
      • Dimensions: 8 X 8
      Living room
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 13 X 14
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Built-In Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Self Cleaning Oven, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Gas Water Heater
      • Laundry: Main Level, Laundry Room
      Features
      • Attic, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Combination Dining/Living, Crown Molding, Dining Area, Open Floorplan, Recessed Lighting, Upgraded Countertops, Dry Wall
      • Flooring: Hardwood, Engineered Wood, Wood
      • Doors: Six Panel
      • Windows: Bay/Bow, Double Hung, Energy Efficient, Vinyl Clad, Window Treatments
      • Basement: Sump Pump,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,525
      • Total interior livable area: 1,525 sqft
      • Finished area above ground: 1,525
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 5
      • Parking features: Storage, Garage Faces Front, Asphalt, Private, Detached, Driveway
      • Garage spaces: 2
      • Uncovered spaces: 3
      • Details: Garage Sqft: 500
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch
      • Exterior features: Lighting, Flood Lights, Rain Gutters
      • Pool features: None
      Lot
      • Size: 2 Acres
      • Dimensions: 101.70 x 399.50
      Details
      • Additional structures: Above Grade, Below Grade, Outbuilding
      • Parcel number: 08039.10150
      • Zoning: NC6.5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Farmhouse/National Folk
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Foundation: Stone
      • Roof: Architectural Shingle
      Condition
      • Excellent
      • New construction: No
      • Year built: 1940
      • Major remodel year: 2024

      Utilities & green energy

      • Electric: 150 Amps
      • Sewer: No Septic System, Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Natural Gas Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: None Available
      HOA
      • Has HOA: No
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $361/sqft
      • Tax assessed value: $369,000
      • Annual tax amount: $3,239
      • Date on market: 6/12/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Road surface type: Black Top

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,525/mo

        Price history

        DateEventPrice
        7/6/2026Price change$549,900-8%$361/sqft
        Source: Bright MLS #DENC2104858 Report a problem
        6/18/2026Price change$597,900-4.3%$392/sqft
        Source: Bright MLS #DENC2104858 Report a problem
        6/12/2026Listed for sale$624,900+119.3%$410/sqft
        Source: Bright MLS #DENC2104858 Report a problem
        3/15/2022Sold$285,000-4.7%$187/sqft
        Source: Bright MLS #DENC2008508 Report a problem
        2/1/2022Pending sale$299,000$196/sqft
        Source: Bright MLS #DENC2008508 Report a problem
        12/29/2021Price change$299,000-8%$196/sqft
        Source: Bright MLS #DENC2008508 Report a problem
        10/4/2021Listed for sale$325,000$213/sqft
        Source: Bright MLS #DENC2008508 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $386,500 +549.6%
        2024$2,198 +13.4%$59,500
        2023$1,939 -1.2%$59,500
        2022$1,963 +0%$59,500
        2021$1,962 -0.3%$59,500
        2020$1,969 +0.2%$59,500
        2019$1,966 +3.3%$59,500
        2017$1,903 +4.7%$59,500
        2016$1,818 $59,500
        2015$1,818 +6.7%$59,500
        2014$1,703 $59,500
        2013-- $59,500
        2012-- $59,500
        2011-- $59,500
        2010-- $59,500
        2009-- $59,500
        2008-- $59,500
        2007-- $59,500
        2006-- $59,500
        2005-- $59,500
        2004-- $59,500
        2003-- $59,500
        2002-- $59,500
        2001-- $59,500

        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 19808

        Getting around

        63 / 100
        Somewhat Walkable
        34 / 100
        Some Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Anna P. Mote
        • Middle: Stanton
        • High: Dickinson
        • District: Red Clay Consolidated

        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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