ACREAGE, HISTORY, VERSATILITY & INCREDIBLE BUSINESS OPPORTUNITY IN PRIME COASTAL DELAWARE LOCATION. Iconic Lavender Fields, 5 acres of tillable land that’s a farm, home, and thriving business is looking for its next proprietor. A truly remarkable property with 300 years of history, and excellent road frontage on both Cool Spring and Martins Farm Road. Currently self-sustaining with a 3-bedroom, 3-bath updated Victorian home, lavender crops, various floral gardens, pole barn set up for making artisanal soaps, an on-site retail shop, a tearoom with commercial kitchen, 3 outdoor accessible half baths and an additional rustic building offers unlimited charm & potential for your enjoyment, as well as business and recreational ideas. Consider a B&B with space for entertaining; yoga studio and wellness retreat with nature and fitness trails, an events space for hosting weddings & showers...you decide! Don't miss this once-in-a-lifetime opportunity to own a piece of Victorian elegance and entrepreneurial freedom in beautiful Milton, Delaware. Whether you're seeking a serene family retreat, a thriving business opportunity, or both, this property has it all.
Sold for $966,102 on 11/30/23
$966,102
18864 Cool Spring Rd, Milton, DE 19968
3beds
2,484sqft
Single Family Residence
Built in 1890
5 Acres Lot
$683,500 Zestimate®
$389/sqft
$2,933 Estimated rent
Home value
$683,500
$567,000 - $813,000
$2,933/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 05, 2023 at 08:21am
Listed by:
Lee Ann Wilkinson 302-645-6664,
Berkshire Hathaway HomeServices PenFed Realty,
Listing Team: The Lee Ann Wilkinson Group
Bought with:
Lee Ann Wilkinson, RA-0002064
Berkshire Hathaway HomeServices PenFed Realty
Source: Bright MLS,MLS#: DESU2050282
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Zoned, Forced Air, Heat Pump, Electric, Propane
Cooling
- Central Air, Zoned, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Main Level, Laundry Room
Features
- Flooring: Hardwood, Tile/Brick, Luxury Vinyl
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Gas/Propane
Interior area
- Total structure area: 2,484
- Total interior livable area: 2,484 sqft
- Finished area above ground: 2,484
- Finished area below ground: 0
Property
Parking
- Total spaces: 51
- Parking features: Garage Faces Side, Inside Entrance, Crushed Stone, Driveway, Parking Lot, Attached
- Attached garage spaces: 1
- Uncovered spaces: 25
Accessibility
- Accessibility features: Stair Lift, Accessible Approach with Ramp
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch, Wrap Around
- Exterior features: Other, Balcony
- Pool features: None
- Has view: Yes
- View description: Garden, Pasture, Trees/Woods
- Frontage type: Road Frontage
Lot
- Size: 5.00 Acres
- Dimensions: 222.18 x 1019.63 x 217.88 x 988.77
- Features: Front Yard, Premium, Landscaped, SideYard(s), Rear Yard
Details
- Additional structures: Above Grade, Below Grade, Outbuilding
- Parcel number: 33410.0062.00
- Zoning: AR-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Frame, Stick Built, Vinyl Siding
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1890
- Major remodel year: 2006
Utilities & green energy
- Sewer: Gravity Sept Fld
- Water: Well
Green energy
- Energy efficient items: Home Energy Management
- Energy generation: PV Solar Array(s) Owned
Community & neighborhood
Location
- Region: Milton
- Subdivision: None Available
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/30/2023 | Sold | $966,102-2.4%$389/sqft |
Source:  Bright MLS #DESU2050282 | ||
| 11/27/2023 | Pending sale | $989,900$399/sqft |
Source: Bright MLS #DESU2050282 | ||
| 10/24/2023 | Contingent | $989,900$399/sqft |
Source: Bright MLS #DESU2050282 | ||
| 10/23/2023 | Listed for sale | $989,900$399/sqft |
Source: Bright MLS #DESU2050282 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,127 +0.1% | $43,150 |
| 2023 | $2,125 +3.6% | $43,150 |
| 2022 | $2,051 +0.9% | $43,150 |
Find assessor info on the county website
Neighborhood: 19968
Nearby schools
GreatSchools rating
- 5/10Milton Elementary SchoolGrades: K-5Distance: 5 mi
- 5/10Mariner Middle SchoolGrades: 6-8Distance: 4.6 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 5.9 mi
Schools provided by the listing agent
- District: Cape Henlopen
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$683,500
2% more+ $13,670
With Zillow Showcase(estimated)
$697,170