Seller's Agent in 2025
Michael Terranova
Keller Williams Realty Wilmington
(302) 299-6621
8 in this area
137 Total Sales
Estimated Value: $806,000 - $906,000
Welcome to 1427 Olmsted Dr—a beautifully maintained, brick-front 5-bedroom, 4.5-bath home offering over 4,500 square feet of elegant living space in the highly sought-after Red Lion Chase community.
From the moment you enter, you're greeted by a breathtaking two-story foyer featuring a dramatic dual staircase and graceful archways that define the formal living and dining spaces. Rich hardwood floors and custom architectural details flow throughout, creating a timeless and sophisticated atmosphere.
To your right, a formal sitting room provides the perfect space to gather or relax, while to your left, a spacious dining room connects seamlessly to the heart of the home—the expansive kitchen. This chef-inspired space boasts granite countertops, stainless steel appliances, an abundance of cabinetry, a large walk-in pantry, a double wall oven, and a center island ideal for prep or casual dining. A raised peninsula adds additional seating and opens to a sun-drenched morning room—perfect for entertaining. You’ll also find a built-in coffee bar, making mornings extra enjoyable.
The two-story family room is the showstopper of the home, with soaring ceilings, a wall of windows that flood the space with natural light, rich hardwood flooring, a cozy gas fireplace, and a stunning custom chandelier that adds warmth and sophistication. Just off the family room is a handsome study with custom built-ins—ideal for working from home or curling up with a book.
Tucked behind the kitchen, a versatile first-floor room with its own private full bath is perfect for an in-law suite, guest quarters, or dedicated home office. Also on the main level is a large laundry room with tile flooring, upper cabinets for storage, and a utility sink—a functional and convenient feature of everyday living.
Upstairs, retreat to a luxurious owner’s suite featuring a private sitting area, a spacious sleeping quarters, and a dressing corridor that includes a built-in vanity and two oversized walk-in closets. The en-suite bath boasts dual sinks, a soaking tub, and a walk-in shower. Three additional generously sized bedrooms and two full baths complete the upper level.
Step outside and discover a backyard oasis—professionally landscaped with custom hardscaping, a stunning stone fireplace, and a private walkway that connects the front of the home to the rear entertaining area. The lawn is equipped with a full irrigation sprinkler system, and the property backs to protected community open space, offering enhanced privacy and picturesque views.
The walk-out basement offers endless potential—already roughed in for a bathroom and ready to be finished into the ultimate recreation or entertainment space. It also includes a secure room featuring a Bighorn safe, perfect for storing valuables or creating a hobby or wine room.
Additional highlights include a 3-car side-entry garage with a pristine epoxy floor, offering space for vehicles, tools, or a workshop.
As a resident of Red Lion Chase, you’ll enjoy access to resort-style community amenities including a clubhouse, fitness center, outdoor pool, tennis and pickleball courts, basketball courts, and a playground.
Ideally located close to major roadways including Route 1 and I-95, this home is just a short drive to Middletown, Christiana Mall, grocery stores, favorite local restaurants, and the Michael N. Castle C&D Canal Trail—perfect for scenic walks, bike rides, and breathtaking views of the water.
Last Agent to Sell the Property
(302) 299-6621 mike@TheTerranovaTeam.com Keller Williams Realty Wilmington License #RS338692 Listed on: 07/10/2025
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gottipati Manohara B | $800,000 | None Listed On Document | |
| Sidwell Michael W | $588,274 | None Available | |
| Hockessin Chase Lp | $1,408,000 | None Available |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gottipati Manohara B | $250,000 | |
| Previous Owner | Sidwell Michael W | $536,050 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Sold | $880,000 | -2.2% | $194 / Sq Ft |
| 07/19/2025 07/19/25 | Pending | -- | -- | -- |
| 07/10/2025 07/10/25 | For Sale | $899,900 | -- | $199 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,534 | $173,500 | $11,800 | $161,700 |
| 2023 | $5,015 | $173,500 | $11,800 | $161,700 |
| 2022 | $5,243 | $173,500 | $11,800 | $161,700 |
| 2021 | $5,340 | $173,500 | $11,800 | $161,700 |
| 2020 | $5,377 | $173,500 | $11,800 | $161,700 |
| 2019 | $386 | $173,500 | $11,800 | $161,700 |
| 2018 | $5,284 | $173,500 | $11,800 | $161,700 |
| 2017 | $5,326 | $173,500 | $11,800 | $161,700 |
| 2016 | $4,746 | $173,500 | $11,800 | $161,700 |
| 2015 | $4,747 | $173,500 | $11,800 | $161,700 |
| 2014 | $4,773 | $173,500 | $11,800 | $161,700 |
Seller's Agent in 2025
Michael Terranova
Keller Williams Realty Wilmington
(302) 299-6621
8 in this area
137 Total Sales
V
Buyer's Agent in 2025
Veeresh Hiremath
Tesla Realty Group, LLC
(302) 419-5597
1 in this area
17 Total Sales
Source: Bright MLS
MLS Number: DENC2083064
APN: 12-026.00-135