About This Home

This 3-bedroom, 4-bathroom single family at 503 LAKEWOOD Drive in Milford, DE is listed for $599,900 ($197 per sqft). Built in 1963, the home offers 3,049 sqft of living space on a 0.64 acres lot.

Key Features

  • Built in 1963
  • 0.64 acre lot
  • 8 parking spaces

Property Details

1 story
3 full, 1 half
8-car garage
1963

Amenities

A/C
Listing Description

Need Garages? This home has a 6-car attached garage with a lift included for that special car, and a detach pole barn. 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 6-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.

Monthly Cost Estimate

$3,208/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

503 LAKEWOOD Drive

Milford, DE 19963

CHESTNUT KNOLL ACRES

Features & Amenities

Interior Features

2nd KitchenAtticBarBreakfast AreaBuilt-InsButlers PantryCeiling Fan(s)Combination Kitchen/DiningDining AreaFloor Plan - TraditionalKitchen - Eat-InKitchen - Table Space

Property Details

Construction

Brick CPVC/PVC Metal Siding Vinyl Siding

Parking

Garage - AttachedOff StreetGarage - DetachedDriveway

Heating

Hot Water(Heating)

Cooling

Central Air

Appliances

Built-In MicrowaveBuilt-In RangeDishwasherDryer - ElectricDryer - Front LoadingENERGY STAR Clothes WasherENERGY STAR DishwasherENERGY STAR RefrigeratorExhaust FanExtra Refrigerator/FreezerFreezerIcemakerMicrowaveOven - Self CleaningOven/Range - GasRange HoodRefrigeratorStainless Steel AppliancesWasherWasher - Front Loading

Questions & Answers

This 3-bedroom, 4-bathroom single family at 503 LAKEWOOD Drive is listed at $599,900 ($197/sqft). The estimated monthly payment is $3,208 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1963, 0.64 acre lot, 8 parking spaces. Interior Features: 2nd Kitchen, Attic, Bar.

This property is listed by MYRA KAY K MITCHELL.

MM

MYRA KAY K MITCHELL

License RS-0012958

Agent at REMAX Horizons, Inc

Listed by REMAX Horizons, Inc · Broker phone: (302) 678-4300 · View on Broker Site · Broker website

MLS# DESU2121214· Source: Bright MLS· 39 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

503 LAKEWOOD Drive, Milford, DE 19963

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