$880,000
SOLD SEP 5, 2025
5 Beds
5 Baths
5,400 Sq Ft
1.6 Acres

Recently Sold

$163 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • Private Pool
  • 1.6 Acre Lot
  • 2 Fireplaces
  • Olive B. Loss Elementary School Rated A+
  • Colonial Architecture
  • 3 Car Direct Access Garage

About This Home

As of September 2025

Welcome to 518 Schooner Court, a truly stunning colonial-style home located at the end of a quiet cul-de-sac in the highly desirable Bay Pointe community of Newark, Delaware. This elegant and meticulously maintained residence offers over 3,800 square feet of refined living space and is nestled on an expansive 1.6-acre private lot. With no homes behind it, the backyard is a peaceful retreat surrounded by mature, beautiful trees—creating a sense of seclusion rarely found in suburban neighborhoods.

From the moment you arrive, you’ll be impressed by the timeless curb appeal. The front of the home showcases beautiful stonework, complemented by clean, durable siding along the sides. The home possesses a heated three-car garage, which features a durable epoxy floor, custom 20-foot handcrafted wood beam, chair rail molding, built-in cabinetry, and gorgeous wood shutters that add a craftsman’s touch. Inside, the home’s layout is both spacious and sophisticated, offering five bedrooms and five bathrooms, with Baldwin-style glass doorknobs and stainless-steel hinges adorning every door for a touch of upscale detail throughout.

The heart of the home is the custom-designed kitchen, which has been completely upgraded with African rainbow granite countertops, brand-new stainless-steel appliances, and a sleek, vented stovetop hood that efficiently expels cooking heat and odors outside. The kitchen seamlessly connects to a light-filled two-story family room with a cozy gas fireplace—ideal for both daily living and entertaining. Adjacent formal living and dining rooms add elegance, while a dedicated home office or potential bedroom and main-floor laundry room add functionality.

Upstairs, the owner’s suite is a true sanctuary featuring, a private sitting area, and a luxurious ensuite bath. The master bathroom has been fully remodeled with a custom oversized shower equipped with four Moen body sprays, a sliding glass door, heated tile floors, and a soaking tub that invites relaxation. All upper-level bathrooms feature custom tile work, creating a high-end, cohesive aesthetic throughout.

The finished basement offers an even more flexible living space, with rooms that could potentially be a workout room, or media/gaming area, full bathroom, perfect for entertaining or creating a home retreat. Step outside and you'll discover a three-tiered hardscaped patio, complete with a private hot tub and multiple gathering areas, ideal for relaxing or hosting guests. The west-facing backyard allows you to enjoy breathtaking sunsets every evening, casting a warm glow over the expansive and serene landscape.

Additional features include a new Goodman HVAC system installed in 2019, ensuring year-round comfort and energy efficiency. The home also includes a side-entry garage with ample driveway parking, and it is located just minutes from I-95, Route 896, the University of Delaware, and Chesapeake City. Zoned for the acclaimed Appoquinimink School District—including Olive B. Loss Elementary, Alfred G. Waters Middle, and Appoquinimink High—this location offers both prestige and practicality.

518 Schooner Court is more than a home, it's a lifestyle. With high-end finishes, custom craftsmanship, private outdoor living, and thoughtful upgrades at every turn, this property stands out as one of Newark’s finest offerings. Don’t miss your opportunity to own this extraordinary residence—schedule your private tour today and experience the luxury for yourself.

Last Agent to Sell the Property

Kevin Emory

(302) 738-2300 vicki@kwempower.com Empower Real Estate, LLC License #RS0025694 Listed on: 07/21/2025

Empower Real Estate, LLC

Last Buyer's Agent

Robert Watson

(302) 234-2500 robwatson@verizon.net RE/MAX Elite License #RS220786L

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,215

Year Built

  • Built in 2005

Lot Details

  • 1.6 Acre Lot
  • Lot Dimensions are 52.50 x 345.00
  • Property is zoned NC21

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,400 Sq Ft Home
  • Property has 3 Levels
  • 2 Fireplaces
  • Finished Basement

Bedrooms and Bathrooms

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • On Site Septic

Community Details

  • Bay Pointe Subdivision

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number 11-045.00-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,215

Year Built

Built in 2005

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Shuffleboard Table, Sauna, Fitness Equipment, Weights, Rower, Stair Step, Gazebo Patio Furniture, seller's personal property.
  • Inclusions: Pool Umbrellas, Storage Boxes, Dishwasher, Disposal, Microwave, Washer, Dryer, Shades/Blind, Garage Openers, Pool Equipment, Hot Tub
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 7/21/2025 12:00:00 AM
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 5400
  • Living Area Sq Ft: 5400
  • Price Per Sq Ft: 159.26
  • Above Grade Finished Sq Ft: 5400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stone, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 460.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 1.60
  • Lot Dimensions: 52.50 x 345.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 69696.00
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 4158.00
  • Tax Annual Amount: 5215.00
  • Assessor Parcel Number: 11-045.00-008
  • Tax Lot: 008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2025
Closed on
Sep 5, 2025
Sold by
Laumeister Kurt H and Laumeister Barbara J
Bought by
Carannante Luigi and Carannante Daniella
Seller's Agent
Kevin Emory
Empower Real Estate, LLC
Buyer's Agent
Robert Watson
RE/MAX Elite
List Price
$860,000
Sold Price
$880,000
Premium/Discount to List
$20,000
2.33%
Views
413
Current Estimated Value
$864,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,356
Avg. Annual Appreciation
4.65%
Original Mortgage
$528,000
Outstanding Balance
$525,672
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$372,494

Purchase Details

Closed on
Sep 30, 2005
Sold by
Blenheim Brown Llc
Bought by
Laumeister Kurt H and Laumeister Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 12, 2001
Sold by
Wright Norris P and Will Of John H Brown Iii
Bought by
Blenheim Brown Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $880,000 None Listed On Document
Deed $491,520 --
Deed $706,132 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $528,000 New Conventional
Previous Owner $250,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2025 09/05/25 Sold $880,000 +2.3% $163 / Sq Ft
07/21/2025 07/21/25 For Sale $860,000 -- $159 / Sq Ft
Source: Bright MLS

Tax History

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 $5,678 $131,200 $16,200 $115,000
2023 $4,870 $131,200 $16,200 $115,000
2022 $4,883 $131,200 $16,200 $115,000
2021 $4,823 $131,200 $16,200 $115,000
2020 $4,770 $131,200 $16,200 $115,000
2019 $4,430 $131,200 $16,200 $115,000
2018 $4,286 $131,200 $16,200 $115,000
2017 $4,113 $131,200 $16,200 $115,000
2016 $3,744 $131,200 $16,200 $115,000
2015 $3,645 $131,200 $16,200 $115,000
2014 $3,655 $131,200 $16,200 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2085660

Bright MLS

APN: 11-045.00-008

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