206 N Walnut Street, Milford, DE 19963-1420 $585,000
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Interior Sq. Ft: 4,559
Acreage: 0.54
Age:159 years
Style:
Colonial, Other
Subdivision: Milford
Design/Type:
Detached
Description
Historic Greek Revival Estate in Downtown Milford – A Rare Gem with Endless Possibilities!
Perched on a picturesque hill in the heart of downtown Milford, this stunning 1866 Greek Revival-style home is a true testament to history and timeless elegance. Situated on over half an acre, this property offers expansive outdoor space, a detached two-car garage/carriage house, and off-street parking for six or more vehicles—a rare find in the downtown area. The wrought iron fencing, charming brick pathways, and stately steps leading to the home’s grand entrance only add to its historic charm.
Inside, you’ll be greeted by freshly painted interiors, large sunlit windows, and beautiful hardwood flooring, some of which remain original to the home. While preserving its historic integrity, modern updates have been thoughtfully integrated, including a brand-new kitchen with new cabinetry, countertops, and appliances. The kitchen window overlooks the sprawling backyard, offering the perfect view. The home’s three spacious stories provide ample living space, including 6 bedrooms and bonus areas that can be adapted to fit your needs.
One of the standout features of this property is its flexible live-work potential. With a separate entrance leading to a dedicated office space, this home is ideal for professionals looking to operate a business from the comfort of their residence. Whether you envision a private practice, boutique, studio, or home office, the layout provides the perfect balance between work and home life. Get creative! Additionally, the detached garage/carriage house offers an incredible opportunity to be converted into an accessory dwelling unit, adding potential for rental income or guest accommodations.
Steeped in history, this home was once known as the Godwin-Baker Home and was previously owned by Dr. Baker, a beloved local pediatrician. Earlier in its life, the backyard housed a brick bathhouse, adding another layer of rich history to this one-of-a-kind property. Notably, this home is also Listed in the National Register of Historic Places as a contributing structure in the North Milford Historic District
Adding to its unique appeal, this home sits right on the Milford Parade Route, making it the perfect spot to enjoy annual parades from the comfort of your own property. You will have a front-row seat to one of Milford’s most beloved traditions.
The opportunities here are truly endless. Whether you’re searching for a charming primary residence, an entrepreneurial home-and-business combo, or considering the potential of a Bed & Breakfast or Airbnb, this property offers the versatility and location to make your vision a reality. The separate entrance provides a convenient way to run a business, while the carriage home conversion could open up additional revenue streams.
Located in the vibrant and growing city of Milford, this home is within a short distance of restaurants, boutique shops, theaters, and local events. Take a leisurely stroll along the Mispillion Riverwalk, visit the nearby dog park and pickleball courts, or enjoy riverside dining just moments from your doorstep. Milford’s prime location also offers easy access to Delaware Bay beaches in just minutes, while the resort towns of Rehoboth and Lewes are only about 30 minutes away. For those who travel frequently, major cities like Philadelphia, Washington D.C., and Baltimore are all within a few hours’ drive.
This is more than just a home—it’s an opportunity to own a piece of history in one of Delaware’s most charming and evolving downtowns. With its unmatched space, character, and business potential, this property is truly one of a kind. Don’t let this rare chance slip away—schedule your private showing today! And Check Out the Virtual Tour! Floor Plan also available!
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Radiator Heating, Oil, None, None, Hot Water - 60+ Gallon Tank, Public Water, Public Sewer, 200+ Amp Service, Hookup Laundry, Upper Floor Laundry
Garage/Parking
Detached Garage, Driveway, Off Street, On Street, Additional Storage Area, Garage - Front Entry, Detached Garage Spaces #: 2;
Interior
Double/Dual Staircase, Kitchen - Island, Pantry, Additional Stairway, Full Basement, Outside Entrance Basement, Unfinished Basement, Hardwood Flooring, Tile/Brick Flooring, Mantel(s), Non-Functioning Fireplace, 9'+ Ceilings
Exterior
Block Foundation, Architectural Shingle Roof, Rubber Roof, Aluminum Siding, Enclosed Porch/Deck, Porch(es), Outbuilding(s), Sidewalks, Stone Retaining Walls
Lot
Downtown, Street View, Partially Fenced, Wood Fence, Wrought Iron Fence
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (4 schools)
School | District | Grades | Place | Distance |
---|---|---|---|---|
Banneker (Benjamin) Elementary School | Milford School District | 1–5 | Milford | 0.33 mi |
Ross (Lulu M.) Elementary School | Milford School District | 1–5 | Milford | 0.88 mi |
Mispillion Elementary | Milford School District | 1–5 | Milford | 1 mi |
Morris (Evelyn I.) Early Childhood | Milford School District | Preschool–K | Lincoln | 3.27 mi |
Public Middle (1 schools)
School | District | Grades | Place | Distance |
---|---|---|---|---|
Milford Central Academy | Milford School District | 6–8 | Milford | 1.01 mi |
Public High (1 schools)
School | District | Grades | Place | Distance |
---|---|---|---|---|
Milford Senior High School | Milford School District | 9–12 | Milford | 0.96 mi |
Private (2 schools)
School | Grades | Place | Distance | |
---|---|---|---|---|
Kids First Academy | Christian (no specific denomination) | Preschool–12 | Milford | 0.58 mi |
Milford Christian School | Christian (no specific denomination) | K–12 | Milford | 1.27 mi |
© 2025 LiveBy. All Rights Reserved.
This report is a detailed community overview for Milford (19963), Delaware.
Community Quick Facts
- Average travel time to work for people in this community: 26
- Average salary of people in this community: $40,684
Community Summary
- Population Density (ppl / mile): 181
- Household Size (ppl): 2.50
- Households w/ Children: 58%
Housing Inventory
- Owned: 5,433 (58.2%)
- Rented: 2,716 (29.1%)
- Vacant: 1,193 (12.8%)
- Total: 9,342
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 4.7%
- Some High School: 6.2%
- High School Graduate: 30.1%
- Some College: 22.7%
- Associate Degree: 9.7%
- Bachelor's Degree: 15.9%
- Graduate Degree: 10.8%
Income by dollar range
Median Income: $57,521
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- One Bedroom: $598
- Two Bedroom: $980
- Three Bedroom: $1,089
- Four Bedroom: $1,203
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
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or call me now at 302-429-4500
Listing Courtesy of: Keller Williams Realty , (302) 360-0300
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Listing data as of 2/24/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.