701 GREENBANK RD, WILMINGTON, DE

$624,900

3 Beds

2 Baths

2 full

Rare 2-Acre Property in the Heart of Newport/Pike Creek - Renovated Home, Detached Garage & Future Development Potential Nestled on a private and picturesque 2-acre lot in the highly desirable Newport/Pike Creek area, this beautifully renovated home offers the perfect blend of modern comfort, timeless character, and exceptional opportunity. Enter the property passing a grape arbor producing Concord grapes and enjoy a setting surrounded by mature maple, black walnut, and oak trees that create a peaceful, park-like atmosphere. 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 house Saturday 6/13 1-3.

Listing Courtesy of Margo Stitz, Long & Foster Real Estate, MLS ID# DENC2104858

Property Details

Property Type Residential
Mls # DENC2104858
LotSize 2 acres
Property Subtype Single Family Residence
Year Built 1940
Cooling Systems central air
Exterior Types frame,wood siding
Heating Fuels forced air
Parking Types driveway,garage,garage - detached
Num Of Floors 2
Roof Types shingle
Appliances Dishwasher, Dryer, Garbage Disposer, Oven - Self Cleaning, Range, Range - Gas, Refrigerator, Washer, Washer - Front load
Floor Coverings Engineered Wood, Hardwood, Wood
School District RED CLAY CONSOLIDATED

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