503 Masters Lane Magnolia, DE $ 580,000
503 Masters Lane
$ 580,000
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503 Masters Lane

Magnolia, DE, 19962
$ 580,000
Bedrooms5 Baths2.1 Sq 3,837

Monthly Estimate*

$ 3,662

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Single Family Home for sale in Magnolia, DE

for $580,000 with 5 bedrooms and 2 full baths, 1 half bath. This 3,837 square foot home was built in 2003 on a lot size of 0.76.

Welcome home to beautiful 503 Masters Lane in Magnolia in the fabulous golf community of Jonathan's Landing! You've got to come see this home. It's the home that just keeps getting better and better as you walk through it. Enter into the 2 story foyer with your spacious dining room to your right and your den/office/flex room on the left. Continue straight on to the living room with it's impressive cathedral ceilings, a beautiful shiplap wall and a lovely mantel in front of the cozy gas fireplace. The kitchen features granite countertops, newer appliances, plenty of workspace, beautiful engineered hardwood floors, and a wonderful view through the sunroom to the sunny backyard. The home boasts a roomy main level primary with a walk in closet and recently updated ensuite bathroom. Upstairs are 3 more bedrooms and a large bonus room that can be used as a bedroom, game room, media room, play room, you name it! Under it all is the huge, full footprint basement that's just waiting for you to finish into a multifunction living and entertaining space. Moving outside you'll find a unique koi pond and a semi inground pool with decking galore! There's so much room for entertaining here from the pool, to the separate deck, the gorgeous stone/paver patio with built in seating, and the expansive fenced back yard that faces the Jonathan's Landing golf course. Speaking of the golf course, if you're a golfer, you're going to love this! Jonathan's Landing is an 18 hole championship course that's known for it's links-style layout with marshland, rolling greens, and strategic bunkers, offering a challenge for various skill levels. There's a full driving range, practice greens, and a clubhouse as well with banquet facilities and a restaurant and pub. All of this and it's located in the sought after Caesar Rodney school district AND the cherry on top is that it's located in Delaware Electric Coop's territory!! Tell your agent that this is the ONE and have them schedule your showing today!

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Single Family Coming Soon

Price

$ 580,000

Bedrooms

5

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 1,812

Style

Contemporary

Lot Size

0.76

Year Built

2003

Town/City

Magnolia

County/Region

Kent

MLS | Web ID

DEKT2048680

Features
General
Living Area 3837
Sewer On Site Septic
Heating Central
Cooling Central A/C
Possession Settlement
Roof Architectural Shingle
Appliances Dishwasher Dryer Microwave Oven/Range - Gas Refrigerator Washer
Zoning AC
Garage Spaces 2.00
Association Fee Includes None
Patio/Porch Features Deck(s) Patio(s)
Architectural Style Contemporary
Pool Features Filtered
Construction Materials Stick Built Vinyl Siding
School District CAESAR RODNEY
Year Built 2003
View Golf Course
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas
Building Name None Available
Accessibility None
County KENT
New Construction N
Property Type Residential
HOA N
Subdivision Name JONATHANS LANDING
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 10
Full Baths 2
Status COMING SOON
Directions Please use GPS
City MAGNOLIA
Senior Community Y/N N
MLS Area Caesar Rodney (30803)
Lot Size Units Square Feet
Lot Size Square Feet 32931.00
Tax Annual Amount 1812.0
Home Warranty Y/N N
Property Condition Excellent
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 151.16
Acceptable Financing Cash Conventional FHA USDA VA
Vacation Rental Y/N N
Location Type Adjoins Golf Course
Standard Status Coming Soon
Year Built Source Assessor
Legal Subdivision JONATHANS LANDING
Tax Lot 1700-000
Association Recreation Fee N
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Interior
Interior Amenities Formal/Separate Dining Room Kitchen - Island Kitchen - Table Space Primary Bath(s) Entry Level Bedroom Family Room Off Kitchen Upgraded Countertops Walk-in Closet(s) Wood Floors
Heating Fuel Natural Gas
Basement Full Poured Concrete Sump Pump Space For Rooms
Flooring Ceramic Tile Engineered Wood
Total Fireplaces 1
Fireplace Features Mantel(s) Gas/Propane
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 3837
Half Baths 1
Central Air Y/N Y
Total Bedrooms 5
Below Grade Finished Area 0
Room Type Living Room Dining Room Primary Bedroom Bedroom 2 Bedroom 3 Kitchen Family Room Foyer Bedroom 1 Sun/Florida Room Bathroom 2 Bonus Room Primary Bathroom
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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Exterior
Exterior Amenities Extensive Hardscape Outbuilding(s)
Pool Yes - Personal
Fencing Split Rail Rear
Parking Features Paved Driveway
Water Source Public
Garage Features Garage - Side Entry
Type of Parking Attached Garage Driveway Off Street On Street
Foundation Details Block
Water View Y/N N
Lot Dimensions 150.00 x 220.02
Lot Size Acres 0.76
Road Surface Type Black Top
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 125500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 503
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* Excluded Features
List By
Iron Valley Real Estate Premier

Broker

amy@peoplebeforeproperties.com

Email

Affordability Calculator

$3,813
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,662
Monthly Property Taxes
$151
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2317098 Elementary School
2317097 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/9/2026$580,000 Listed Price

Map


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503 Masters Lane, Magnolia, DE, 19962 is a Single Family Home for sale at $580,000 with 3,837 sqft and a lot size of 0.76. 503 Masters Lane has 5 bedrooms, 2.1 baths, and was built in 2003. The property's zip code is 19962 which is in Magnolia, DE