Coronavirus (COVID-19) precautions in effect. Learn more here.


Listing in Milford, DE

MLS #DEKT237442
Listing #DEKT237442: image #1

$ 699,000

Lot: 9,776 sq. ft.
Sq. Ft. Total: 5,852
  • Description

    For more detailed information and additional pictures please look up MLS# DEKT237426Designed and built by Alonzo Reynolds, a famous architect and builder in the 19th century, the Bank House was initially built to act as the actual bank house for the President, Directors and Company of the Bank of Milford in 1851. Adrian Olcott was named as President of the newly formed bank and the cashier was William T. Shannon with seven prominent Milford residents acting as shareholders. However, the House of Representatives repealed the incorporation of the Bank of Milford in 1852 due to allegations of fraud by three of the shareholders. Reynolds had not yet finished the Bank House by this point, but Shannon was forced to terminate the contract before selling the building to the Farmers Bank of Delaware. In 1865 the FBD would later sell the incomplete house to Dr. James R. Mitchell, who converted the house into a residence and medical office. The house would pass through many hands over the years, eventually coming into the possession of Charles Parker, an antique collector and dear friend. In his will, Parker left the house in the care of his close friend and neighbor Mike Rivera. The owners Mike and Denise joined forces to bring this historic home back to its previous grandeur and open it to the public to be enjoyed by all who appreciate the history and tales this home has to share. A binder will be available with all the renovation information that includes new windows (58), systems, etc. All rooms have access to common areas on the first and third floors, as well as the exterior of the house. This includes the libraries on the first and third floors, the various sitting rooms, the parlor, the dining room, the pool and gardens. Sellers are currently operating as a B&B. Delaware has an abundance of local breweries, wineries, and distilleries that are always willing to host tours and tastings. From the famous Dogfish Head brewery in Milton, to the 16 Mile Brewing Company in Georgetown, to the local Mispillion River Brewing Company right here in Milford, there is a place to fit any palette. The downtown offers a variety of locally owned shops, art galleries, coffee shops and theatre. Just a short distance away is the beach and outlet shopping.Building in the back is currently one car garage with workshop (for upholstery business), office and 1/2 bath.
    Listed By: 
    Keller Williams Realty Central-Delaware
  • Property Details
    Commercial Subtype: 
    Commercial Buildings For Sale
    Lot Size ( W x L ): 
    188.00 x 52.00
    Lot Size Unit (ft/acre): 
    Square Feet
    Lot Sq. Feet: 
  • Exterior Features
    Public Sewer
  • Interior Features

    Interior Features

    Heating System: 
    Forced Air
    Cooling System: 


Similar Homes For Sale

Listing #DEKT2003060: image #2
5926 halltown, HARTLY
MLS# DEKT2003060
Beds 6Baths 3+
$ 699,000
Tri-County Realty
Listing #DESU2007654: image #2
23992 benjamin harrison, MILLSBORO
MLS# DESU2007654
Beds 4Baths 3
$ 699,000
Active Adults Realty
Listing #DENC2007580: image #1
MLS# DENC2007580
$ 699,000
BHHS Fox & Roach-Concord
Listing #1001891584: image #1
182 acres milford-harrington, MILFORD
MLS# 1001891584
$ 7,291,600

Get Updates