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457 PREAKNESS RUN, NEWARK, DE
Welcome to 457 Preakness Run in Old Post Farms - where privacy, convenience, and everyday comfort come together on one of the community's premier lots backing to peaceful, undeveloped woods. This thoughtfully maintained 4-bedroom home offers the space today's move-up buyers are searching for, with a functional open-concept layout designed for both entertaining and everyday living. Natural flow connects the kitchen and living areas, creating a warm and inviting environment filled with light and connection. Upstairs, the spacious primary suite serves as a true retreat with an en-suite bath and relaxing soaking tub. A main-level bedroom with French doors provides flexibility for guests, a home office, or multi-generational living. The partially finished basement expands your living space with a versatile recreation area, while still offering ample storage. Step outside to your fully fenced backyard oasis - complete with a deck and serene wooded backdrop - perfect for relaxing evenings, entertaining, or simply enjoying nature right at home. Significant updates provide peace of mind, including hardwood flooring (2020), whole-house surge protection (2025), new garbage disposal (2025), new storm door (2026), and updated smoke and carbon monoxide detectors (2025). Ideally located for commuters with easy access to I-95 and major routes to Pennsylvania, Maryland, New Jersey, and even Washington, DC. Plus, within a 5-mile radius to the highly sought-after Newark Charter School. This is the rare combination of location, lot, and livability you've been waiting for.
Property Type
Single Family
Style
Colonial
Year Built
1999
Lot Size
9,583 sqft
Price / Sqft
$292
Full Baths
2
Half Baths
1
Subdivision
OLD POST FARM
HOA Fee
$250/mo
MLS #
804719672450
Listing Type
Residential
Market
BRIGHT
Elementary
WEST PARK PLACE
Middle
GAUGER-COBBS
High School
GLASGOW
457 PREAKNESS RUN, NEWARK, DE 19702 — NEW CASTLE County
Mia Burch
Long & Foster Real Estate, Inc.

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How this home compares across city, state, and national benchmarks
Listed at $539,900, this 3-bed house in NEWARK is 51% above the Census median home value of $357,600 for NEWARK. Compared to 23 other 3-bed homes in NEWARK (averaging $350,887), this property is 54% above average. Delaware's median home value is $360,309, putting this listing 50% above the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 49 homes for sale
Standout Features
Above Average
Standard
NEWARK has a population of 30,309 with a median household income of $71,373 and a homeownership rate of 50.3%. The median home value is $357,600 and the median rent is $1,611/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data