#DENC2083440, Sydney Martino, Listing office: Crown Homes Real Estate
1427 Olmsted Dr Bear, DE 19701
Property details
About 1427 Olmsted Dr
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.
Highlights
(ACTIVE UNDER CONTRACT)
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Cooktop, Dishwasher, Double Oven, Washer, Dryer, Refrigerator
- Basement: Yes
- Flooring Type: Wood, Fully Carpeted, Vinyl
- Interior: Primary Bath(s), Kitchen - Island, Butlers Pantry, Dining Area
- Total Bedroom Count: 5
- Garage Space: 3 spaces
- Parking: Garage - Side Entry,Garage Door Opener, Driveway,Attached Garage
- Exterior: Sidewalks, Tennis Court(s), Play Equipment
- Architectural Style: Colonial
- Heating: Hot Water, Zoned, Forced Air
- Cooling: Central Air
- List Price: $899,900
- Price/SqFt: $198
- HOA Amount: $121 Monthly
- Annual Tax Amount: $5,015
- Tax Year: 2023
- Lot: Wooded, Front Yard, Back Yard, Side Yard(s)
- Directions: From Route 7, take Porter Road, then turn right onto Olmsted Drive. Follow Olmsted Drive to 1427 Olmsted Drive, located on the left.
- Year Built: 2010
- Stories: 2
- Living Area: 4,525 SqFt
- Lot Size: 0.34 Acres
- MLS Number: DENC2083064
- MLS Name: BRIGHT
- Office Name: Crown Homes Real Estate
- Office Phone: (302) 504-6147
- Listing Agent: Michael Terranova Jr.
- Agent Phone: (302) 299-6621
- Agent Email: mike@theterranovateam.com
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 21, 2011 | Home Sold | $588,274 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $173,500 | $5,015 |
2021 | $173,500 | $5,340 |
2020 | $173,500 | $5,377 |
2019 | $173,500 | $5,284 |
2018 | $173,500 | $5,325 |
2017 | $173,500 | $4,746 |
History based on county public records data.
Nearby schools
6
Kathleen H. Wilbur Elementary School
Public District KG-5
1.5 mi
•4050 Wrangle Hill Rd
6
Southern Elementary School
Public District KG-5
2.8 mi
•795 Cox Neck Rd
9
Olive B. Loss Elementary School
Public District 1-5
3.4 mi
•200 Brennan Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $108,704. Most Bear, DE residents have annual incomes between $100k-200k. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 1427 Olmsted Dr
The listing price of 1427 Olmsted Dr property is $899,900.
The property 1427 Olmsted Dr is a house located in Bear, Delaware, 19701.
Accepting Backup Offers: 1427 Olmsted Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1427 Olmsted Dr are: Kathleen H. Wilbur Elementary School (GreatSchools Rating 6/10), Southern Elementary School (GreatSchools Rating 6/10), Olive B. Loss Elementary School (GreatSchools Rating 9/10), Gunning Bedford Middle School (GreatSchools Rating 3/10), Alfred G. Waters Middle School (GreatSchools Rating 6/10), Gauger-Cobbs Middle School (GreatSchools Rating 2/10), St. Georges Technical High School (GreatSchools Rating 7/10), Paul M. Hodgson Vocational Technical High School (GreatSchools Rating 4/10), Glasgow High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $5,015 (source: MLS/based on county public records data).
The last sale was on March 21, 2011 for $588,274 (source: MLS/tax record).
The property at 1427 Olmsted Dr has 5 bedrooms and 4 full and 1 half bathrooms.
The property 1427 Olmsted Dr is 4,525 SqFt (source: MLS/tax record).
The year of construction for 1427 Olmsted Dr is 2010.
This home is located at 1427 Olmsted Dr in Bear, DE and zip code 19701 in the Red Lion Chase neighborhood. This 4,525 square foot home, which was built in 2010, sits on a 0.34 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $899,900.
Between May and June 2025, Bear, DE real estate market has seen increase in the number of listings by 62.8%. In June 2025 median list price was $487,450 and the average listing age was 51 days.