505 Lakewood Dr, Milford, DE 19963
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
Listed by: kevin j hammersmith
Office: northrop realty
MLS#:DESU2095850
Source:BRIGHTMLS
Price summary
- Price:$600,000
- Price per sq. ft.:$282.22
About this home
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....
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Home facts
- Year built:1954
- Subdivision & Development:CHESTNUT KNOLL ACRES
- Listing ID #:DESU2095850
- Added:345 day(s) ago
- Updated:August 14, 2026 at 01:59 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Luxury Vinyl Plank, Partially Carpeted
- Dining Description:Dining Area, Dining Room, Formal/Separate Dining Room
- Bathrooms Description:Primary Bath(s)
- Kitchen Description:Breakfast Area, Built-In Microwave, Built-In Range, Carpet, Combination Kitchen/Living, Crown Moldings, Dishwasher, Disposal, Energy Efficient Appliances, Exhaust Fan, Freezer, Icemaker, Kitchen - Eat-In, Kitchen - Island, Oven - Self Cleaning, Oven/Range - Electric, Pantry, Recessed Lighting, Refrigerator, Stainless Steel Appliances, Upgraded Countertops, Water Heater
- Bedroom Description:Carpet, Entry Level Bedroom, Primary Bedroom
- Basement:Yes
- Basement Description:Connecting Stairway, Daylight, Full, Interior Access, Outside Entrance, Rear Entrance, Sump Pump, Unfinished, Walkout Stairs, Windows
- Living area:2,126 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central A/C, Heat Pump(s)
- Heating:Electric, Forced Air, Heat Pump(s)
Structure and exterior
- Roof:Architectural Shingle, Pitched
- Year built:1954
- Building area:2,126 sq. ft.
- Lot area:0.58 Acres
- Lot Features:Backs to Trees, Corner, Corner Lot/Unit, Front Yard, Landscaping, Level, No Thru Street, Rear Yard, SideYard(s), Trees/Wooded
- Architectural Style:Ranch/Rambler
- Construction Materials:Brick, Stick Built, Vinyl Siding
- Exterior Features:Extensive Hardscape, Exterior Lighting, Patio(s), Porch(es), Roof
- Foundation Description:Concrete Perimeter
- Levels:1 Story
Schools
- High school:MILFORD
- Middle school:MILFORD CENTRAL ACADEMY
- Elementary school:ROSS
Utilities
- Water:Well
- Sewer:Septic Exists
Finances and disclosures
- Price:$600,000
- Price per sq. ft.:$282.22
- Tax amount:$1,198 (2025)
Features and amenities
- Laundry features:Dryer, Has Laundry, Washer
- Amenities:200+ Amp Service, Carbon Monoxide Detector(s), Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Double Hung Windows, Double Pane Windows, Main Entrance Lock, Recessed Lighting, Smoke Detector, Water Treat System, Window Treatments
Parking
- Parking description:Additional Storage Area, Asphalt Driveway, Attached Garage, Garage - Side Entry, Garage Door Opener
- Garage:Yes
- Garage spaces:2
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