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3 Beds
2 Baths
1,525 sqft

$485,000

701 GREENBANK ROAD, WILMINGTON DE, 19808

Price per sqft$318.03
Built in1940
Property size1,525 sqft
Property typeResidential

Overview

Active

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Listed Jun 12, 2026

Updated 6 days ago

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.

$3,227/mo

Est. mortgage payment based on a $485,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
DENC2104858

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
2 Acres

Other Property Details

Taxes
$3,239
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Long & Foster Real Estate, Inc.
Listing Contact: 3029834871 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/2/2026 at 4:19 AM UTC

 

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