# 503 LAKEWOOD Drive, Milford, DE 19963

> **TL;DR:** 3bd/4ba single family, $599,900 ($197/sqft), built 1963, 3,049 sqft.
> A/C, 8-car garage. Est. $3,208/mo. Listed 40 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $599,900 |
| Price/sqft | $197 |
| Bedrooms | 3 |
| Bathrooms | 3 full, 1 half |
| Square Feet | 3,049 |
| Year Built | 1963 |
| Lot Size | 27,878 sqft (0.64 acres) |
| Stories | 1 |
| Garage | 8-car |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 40 |

## Why This Home Stands Out

- **Large Garage** - 8-car garage

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,033 |
| Estimated Insurance | $175 |
| **Total** | **$3,208** |

## Nearby Schools

- **Middle:** MILFORD CENTRAL ACADEMY
- **High:** MILFORD

## Key Amenities

- A/C
- 8-car garage

## Property Highlights

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

## Description

### Agent 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.

## Location

- **Address:** 503 LAKEWOOD Drive, Milford, DE 19963
- **County:** SUSSEX
- **Neighborhood:** CHESTNUT KNOLL ACRES
- **Coordinates:** 38.90616, -75.45628
- **Google Maps:** https://www.google.com/maps?q=38.90616,-75.45628

## Listing Agent

- **Name:** MYRA KAY K MITCHELL · **License:** RS-0012958
- **Brokerage:** REMAX Horizons, Inc
- **Broker Phone:** (302) 678-4300
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/503-Lakewood-Dr_Milford_DE_19963_M63225-15296?f=listhub&s=TRENDPA&m=DESU2121214&c=propsimple)

## Photos

![503 LAKEWOOD Drive - Photo 1](http://lh.rdcpix.com/20f18e1b5c7eb2e73b81e011166d7d40l-f4019458897r.jpg)

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---

**MLS#:** DESU2121214 | **Updated:** 2026-10-27
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/503-lakewood-drive-milford-de-19963-862d83d05fc54c7d895f1d2e15aa31f4)

---

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