503 Lakewood Drive Milford, DE $ 599,900
503 Lakewood Drive
$ 599,900
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503 Lakewood Drive

Milford, DE, 19963
$ 599,900
Bedrooms3 Baths3.1 Sq 3,049

Monthly Estimate*

$ 3,788

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Single Family Home for sale in Milford, DE

for $599,900 with 3 bedrooms and 3 full baths, 1 half bath. This 3,049 square foot home was built in 1963 on a lot size of 0.64.

Nestled in the serene enclave of Chestnut Knoll Acres, this exquisite, raised ranch home offers a harmonious blend of luxury and comfort. With a major renovation done recently that included a brand-new roof (with transferable warranty) and two new walk-in showers, and new flooring in the basement. The interior boasts three spacious bedrooms and three and a half elegantly appointed bathrooms, featuring a traditional floor plan that seamlessly connects the living, dining, and kitchen areas. The heart of the home is the gourmet kitchen, equipped with stainless steel appliances, including a built-in range and ENERGY STAR dishwasher, complemented by a butler's pantry and breakfast area. The inviting living spaces are adorned with hardwood and tile flooring. The basement is a large draw, as you start walking down the steps and you instantly feel more relaxed turn the corner to see the newly covered pool table and the large bar area and 3 televisions waiting for your enjoyment. The white leather furniture looks so inviting for entertaining or just enjoying the night with family. There is even a 2nd kitchen in the basement to provide perfect settings for entertaining. Step outside to discover a beautifully landscaped lot of 0.64 acres, backing to tranquil trees, offering privacy and a peaceful retreat. There is even a deck with a covered bar area and a cover area with a hot tub ideal for relaxation. Additional structures, including a detached garage and a versatile office/studio, enhance the property's functionality. With ample parking options, including a four-car attached garage with a car lift that will remain and a paved concrete driveway, that leads back to the pole barn that is ready for up to a 45 foot camper, with a 50 volt connection and water.. This home is not just a residence; it's a lifestyle, inviting you to experience the perfect blend of luxury, comfort, and great for entertaining. Embrace the exclusive lifestyle that awaits you in this remarkable property.

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Single Family Active

Price

$ 599,900

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 1,567

Style

Raised Ranch/Rambler,Ranch/Rambler

Lot Size

0.64

Year Built

1963

Town/City

Milford

County/Region

Sussex

MLS | Web ID

DESU2121214

Features
General
Living Area 3049
Sewer Standard Trench Approved
Heating Hot Water
Cooling Central A/C
Utilities Cable TV Electric Available Multiple Phone Lines Phone Connected Propane
Possession Negotiable
Roof Architectural Shingle
Appliances Built-In Microwave Built-In Range Dishwasher Dryer - Electric Dryer - Front Loading ENERGY STAR Clothes Washer ENERGY STAR Dishwasher ENERGY STAR Refrigerator Exhaust Fan Extra Refrigerator/Freezer F
Zoning MR
Garage Spaces 8.00
Patio/Porch Features Deck(s) Porch(es) Roof
Architectural Style Raised Ranch/Rambler Ranch/Rambler
Security Features Smoke Detector
Construction Materials Brick CPVC/PVC Metal Siding Vinyl Siding
School District MILFORD
Exclusions Personal items
Year Built 1963
Electric 200+ Amp Service 220 Volts
Levels 1
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
County SUSSEX
New Construction N
Property Type Residential
HOA N
Subdivision Name CHESTNUT KNOLL ACRES
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 9
Full Baths 3
Status ACTIVE
Directions South on Rt 113 to right on Old Shawnee Rd to right on Evergreen to right on Haven Lake Ave to straight onto Lakewood Dr. Home is on the right.
City MILFORD
Disclosures Lead Based Paint - State Prop Disclosure
Senior Community Y/N N
MLS Area Cedar Creek Hundred (31004)
Lot Size Units Square Feet
Lot Size Square Feet 27878.00
Tax Annual Amount 1567.0
Home Warranty Y/N N
Property Condition Excellent
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 3.00
Price Per Sq Ft Total AG 307.8
Acceptable Financing Cash Conventional FHA USDA VA
Avg. Electric Per Month 150.0
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Sussex DE Quadrants Between Rt 113 & 13
Standard Status Active
Year Built Source Assessor
Legal Subdivision CHESTNUT KNOLL ACRES
Tax Lot 37.00
Association Recreation Fee N
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Interior
Interior Amenities 2nd Kitchen Attic Bar Breakfast Area Built-Ins Butlers Pantry Ceiling Fan(s) Combination Kitchen/Dining Dining Area Floor Plan - Traditional Kitchen - Eat-In Kitchen - Table Space
Heating Fuel Oil
Basement Interior Access Other Outside Entrance Shelving Space For Rooms Full Walkout Stairs Windows Fully Finished
Flooring Carpet Hardwood Tile/Brick Laminated
Hot Water Oil
Basement (Y/N) Y
Heating Y/N Y
Window Features Screens
Above Grade Finished Area 1949
Half Baths 1
Central Air Y/N Y
Total Bedrooms 3
Below Grade Finished Area 1100
Room Type Living Room Primary Bedroom Bedroom 2 Kitchen Game Room Family Room Laundry Bathroom 3
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Estimated
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
Avg. Heating Oil Per Month 200.0
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Exterior
Exterior Amenities Boat Storage Exterior Lighting Flood Lights Hot Tub Outbuilding(s) Sidewalks
Pool No Pool
Parking Features Concrete Driveway Lighted Parking Paved Driveway
Lot Features Backs to Trees Cul-de-sac Front Yard Landscaping Level No Thru Street Rear Yard Road Frontage SideYard(s)
Water Source Well
Inclusions Everything in the basement is included in the sale but were not included in the price.. The sellers will also leave 5 televisions the car lift in the garage and alot of items in the pole barn deck
Garage Features Additional Storage Area Covered Parking Garage - Front Entry Garage - Rear Entry Garage Door Opener Inside Access Oversized
Type of Parking Attached Garage Detached Garage Driveway Off Street
Foundation Details Block
Water View Y/N N
Lot Dimensions 144.00 x 186.00
Lot Size Acres 0.64
Road Surface Type Paved
Lot Size Source Assessor
Waterfront Y/N N
Door Features Insulated Sliding Glass Storm
Other Equipment Negotiable See Remarks Some
Soil Types Loam Sandy
Road Responsibility City/County
Land Assessed Value 80600.00
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
Re/Max Horizons

Broker

mmitchell29@comcast.net

Email

Affordability Calculator

$3,918
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$131
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
2315210 Elementary School
2326650 Middle School
Milford High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$599,900 Listed Price

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503 Lakewood Drive, Milford, DE, 19963 is a Single Family Home for sale at $599,900 with 3,049 sqft and a lot size of 0.64. 503 Lakewood Drive has 3 bedrooms, 3.1 baths, and was built in 1963. The property's zip code is 19963 which is in Milford, DE