Designed 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 However, the House of Representatives repealed the incorporation of the Bank of Milford in 1852 due to allegations of fraud by three of the shareholders.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.
Off market
$609,500
119 N Walnut St, Milford, DE 19963
6beds
5,852sqft
SingleFamily
Built in 1857
9,583 Square Feet Lot
$609,500 Zestimate®
$104/sqft
$3,857 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Heating
- Forced air
Cooling
- Other
Features
- Kitchen Island, Window Treatments, Built-Ins, Crown Molding, Carpet, Wood Floors, 2nd Kitchen, Formal/Separate Dining Room, Upgraded Countertops, Kitchen - Gourmet, Stall Shower, Additional Stairway
- Flooring: Hardwood
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total interior livable area: 5,852 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Garage - Detached
Features
- Exterior features: Brick
- Pool features: Private
Lot
- Size: 9,583 sqft
Details
- Parcel number: 51618310035800000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
Materials
- Frame
Condition
- Year built: 1857
Community & neighborhood
Location
- Region: Milford
Other
Other facts
- Heating: Forced Air
- FireplaceYN: true
- GarageYN: true
- HeatingYN: true
- CoolingYN: true
- StructureType: Detached
- ConstructionMaterials: Brick
- StoriesTotal: 3
- InteriorFeatures: Kitchen Island, Window Treatments, Built-Ins, Crown Molding, Carpet, Wood Floors, 2nd Kitchen, Formal/Separate Dining Room, Upgraded Countertops, Kitchen - Gourmet, Stall Shower, Additional Stairway
- SpecialListingConditions: Standard
- ParkingFeatures: Driveway, Off Street, Detached Garage, Garage Door Opener, Parking Lot, Private, Public
- CoveredSpaces: 1
- Cooling: Other
- ArchitecturalStyle: Other
- BelowGradeFinishedArea: 0
- PoolFeatures: Private
- BuildingName: NONE AVAILABLE
- MlsStatus: Active
- TaxAnnualAmount: 2823.0
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$609,500
2% more+$12,190
With Zillow Showcase(estimated)$621,690