$660,000

554 Lexington Mill Rd Magnolia, DE 19962

Estimated payment $3,655/month

Total Views 379,265
3 Beds
2 Baths
2,190 Sq Ft
$301 Price per Sq Ft

Highlights

  • Greenhouse
  • Second Garage
  • 12.6 Acre Lot
  • Caesar Rodney High School Rated A-
  • View of Trees or Woods
  • Carriage House

About This Home

Price Reduced! Nestled in over 12+ acres of serene forest with a crystal clear stream, this 3 bed/2bath custom built home was designed in the style of a New England Salt Box from the top of the dormer windows right down to the Cedar Board and Batten siding. The 2,190+/-sqft above grade includes a dedicated hot tub room, sauna, Florida room, attached greenhouse room, living room area with exposed beams and a beautiful modern kitchen. In addition there is a 350+sqft partially finished basement which has a full bar with faux stained glass lighting and nearby exercise and laundry rooms. The kitchen has matching black appliances, a 2 tiered island, granite counter tops, and spills into the vaulted family room with access to the wrap around deck. Complete with an attached garage, a detached 3 bay outbuilding with an additional carport, and even a custom built golf cart garage. The mature cedar, oak, pine, maple, and gum trees create a peaceful canopy over the property. While the use of smart HVAC controls via phone app and Blink security cameras keep your getaway cozy and safe. Matching metal roofing protects and unifies all the structures on this 1-of-a-kind property that has to be experienced to be appreciated. Make an appointment to walk-through your new sanctuary.

Listing Agent

John Willard

Myers Realty License #RS-0026320 Listed on: 10/17/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,665

Year Built

  • Built in 1983

Lot Details

  • 12.6 Acre Lot
  • Lot Dimensions are 1.00 x 0.00
  • Property is in excellent condition
  • Property is zoned AC

Parking

  • 5 Garage Spaces | 1 Direct Access and 4 Detached
  • Second Garage
  • 1 Detached Carport Space
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Woods
  • Creek or Stream

Home Design

  • Carriage House
  • Saltbox Architecture
  • Block Foundation
  • Frame Construction
  • Metal Roof
  • Cedar

Interior Spaces

  • 2,190 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • 1 Fireplace
  • Wood Burning Stove
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Partially Finished Basement

  • Heated Basement
  • Laundry in Basement

Accessible Home Design

  • Doors are 32 inches wide or more
  • Entry Slope Less Than 1 Foot
  • Ramp on the main level

Outdoor Features

  • Deck
  • Patio
  • Greenhouse
  • Breezeway
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Baseboard Heater
  • Programmable Thermostat
  • Propane
  • Well
  • Electric Water Heater
  • On Site Septic
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Property is near a creek
  • Barn or Farm Building

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2303-000
  • Assessor Parcel Number SM-00-12100-01-2303-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,665

Year Built

Built in 1983

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box
  • Accessibility Features: 32"+ Wide Doors, Entry Slope <1', Level Entry - Main, Ramp - Main Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1983
  • Remarks Public: Price Reduced! Nestled in over 12+ acres of serene forest with a crystal clear stream, this 3 bed/2bath custom built home was designed in the style of a New England Salt Box from the top of the dormer windows right down to the Cedar Board and Batten siding.  The 2,190+/-sqft above grade includes a dedicated hot tub room, sauna, Florida room, attached greenhouse room, living room area with exposed beams and a beautiful modern kitchen. In addition there is a 350+sqft partially finished basement which has a full bar with faux stained glass lighting and nearby exercise and laundry rooms. The kitchen has matching black appliances, a 2 tiered island, granite counter tops, and spills into the vaulted family room with access to the wrap around deck. Complete with an attached garage, a detached 3 bay outbuilding with an additional carport, and even a custom built golf cart garage.  The mature cedar, oak, pine, maple, and gum trees create a peaceful canopy over the property. While the use of smart HVAC controls via phone app and Blink security cameras keep your getaway cozy and safe.  Matching metal roofing protects and unifies all the structures on this 1-of-a-kind property that has to be experienced to be appreciated. Make an appointment to walk-through your new sanctuary.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Heated, Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 2190
  • Living Area Sq Ft: 2190
  • Price Per Sq Ft: 301.37
  • Above Grade Finished Sq Ft: 2190
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 554

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Greenhouse, Barn/Farm Building, 2nd Garage, Carriage House, Garage(s)
  • Construction Materials: Block, Frame, Glass, Cedar
  • Exterior Features: Satellite Dish
  • Roof: Metal
  • View: Creek/Stream, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Built In, Covered Parking, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Number Of Detached Carport Spaces: 1
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 26
  • Type Of Parking: Attached Garage, Detached Carport, Detached Garage, Off Street
  • Off Street Parking Spaces: 20

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Baseboard - Electric, Forced Air, Wood Burn Stove, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv, Propane
  • Water Source: Well
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAESAR RODNEY
  • School District Key: 300200396889
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 12.60
  • Lot Dimensions: 1.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 548856.00
  • Outdoor Living Structures: Breezeway, Deck(s), Enclosed, Patio(s), Porch(es), Wrap Around
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: AC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1290.00
  • Tax Annual Amount: 1665.00
  • Assessor Parcel Number: SM-00-12100-01-2303-000
  • Tax Lot: 2303-000
  • Tax Total Finished Sq Ft: 2190
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: CAESAR RODNEY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $1,678 $421,600 $181,300 $240,300
2024 $1,678 $421,600 $181,300 $240,300
2023 $1,468 $58,100 $11,200 $46,900
2022 $1,386 $58,100 $11,200 $46,900
2021 $1,374 $58,100 $11,200 $46,900
2020 $1,363 $58,100 $11,200 $46,900
2019 $1,321 $58,100 $11,200 $46,900
2018 $1,274 $58,100 $11,200 $46,900
2017 $1,238 $58,100 $0 $0
2016 $1,213 $58,100 $0 $0
2015 $1,017 $58,100 $0 $0
2014 $1,015 $58,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $660,000 +900.0% $301 / Sq Ft
09/08/2025 09/08/25 Price Changed $66,000 -90.4% $30 / Sq Ft
06/27/2025 06/27/25 Price Changed $689,000 -1.4% $315 / Sq Ft
10/17/2024 10/17/24 For Sale $699,000 -- $319 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $493,500 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Source: Bright MLS

MLS Number: DEKT2031528

Bright MLS

APN: 8-00-12100-01-2303-000