701 Greenbank Road

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 replacementComplete electrical rewiring with 150-amp serviceNew 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.