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701 Greenbank Rd , Wilmington, DE 19808
$449,900
Est. Payment: $2,460.42/mo
3 Bed
2 Bath
1525 Sqft
2 Acres
Status: active | Days on site: 141
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LNFGREEN - 3188448,3168123
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House Description

Fully renovated home on a private 2-acre lot in the heart of the Newport/Pike Creek area. This exceptional property has been painstakingly modernized with a bright, open floor plan while maintaining the privacy and charm of its beautiful natural setting. What truly sets this property apart is the **rare and valuable 2-acre parcel**. In an area where large tracts of land are increasingly difficult to find, this property offers opportunities that simply aren't available with most homes. Whether you're looking to build an additional residence (subject to local approvals), create a private family compound, add a large workshop or outbuilding, or establish a home-based business, the expansive acreage provides incredible flexibility for future use. With county water and sewer available, the property's generous size and utility access significantly enhance its long-term value and development possibilities. Whether you're an investor, entrepreneur, contractor, or homeowner seeking room to grow, this property offers a unique combination of move-in-ready living and future potential. Properties offering this much usable land in such a convenient location are exceptionally rare. Enjoy the privacy of a country setting while remaining just minutes from shopping, dining, major highways, and everything the Newport and Pike Creek areas have to offer. 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) 150 ft Privacy fence installed (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.

Highlights

Listed by Margherita Stitz , 3029834871 and Michael A Porro , 3023836520 Long & Foster Real Estate, Inc. , 3023515000. Bright MLS

Property Type

Residential

Lot/Acreage
2

Year Built

1940

County

New Castle

Area

Elsmere/Newport/Pike Creek (30903)

Neighborhood

None Available

School District

Red Clay Consolidated

Listing ID

DENC2104858

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Built-In Range, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Energy Efficient Appliances, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater
Air Cond:Central A/C
Fireplaces:
Floor:Hardwood,Engineered Wood
Above Ground Sq Ft:1525
Basement:Sump Pump,Unfinished
Other:
  • ▪ Additional:Attic, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Dining Area, Floor Plan - Open, Recessed Lighting, Upgraded Countertops, Window Treatments, Wood Floors, No Pet Restrictions, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:101.70 x 399.50
Garage Capacity:5
Zoning:NC6.5
Roof:Architectural Shingle
Others:
  • ▪ Additional:Exterior Lighting, Flood Lights, Gutter System, Outbuilding(s), Excellent
Sewer:No Septic System,Public Sewer
Parking Features:Asphalt Driveway,Private,Additional Storage Area,Garage - Front Entry,Detached Garage,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$2,460
Taxes
$270

Home Price

$449,900

Loan Details

30 yrs
7.271%

Down Payment

20%
$89,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,460.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,460.42 $269.92 $0.00 $2,730.33
Yearly $29,525.01 $3,239.00 $0.00 $32,764.01
Total $885,750.32 $97,170.00 $0.00 $982,920.32
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Wilmington, DE).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T19:09:10.000Z

© 2026 Bright MLS