Beautiful opportunity in the desirable established neighborhood of Lakelawn Estates - with no HOA fees and located within the Milford city limits. Enjoy a walkable location close to downtown Milford, multiple area schools, the new Bay Health Hospital, and convenient access to DuPont Highway. Perfectly situated just 10-15 minutes from Slaughter Beach on the Delaware Bay and only a short drive to Lewes and Rehoboth beaches. This spacious classic ranch-style home offers 4 bedrooms, 2 baths, an attached one-car garage, welcoming front porch, rear screened porch, and a large walk-out basement leading to the patio and fully fenced backyard. Situated on a beautifully landscaped .45-acre lot, the property offers exceptional privacy with lush tree line and stream views. Recent improvements include a new roof, upgraded bathrooms, new electric HVAC system (with removal of former baseboard heat and oil tank), new hot water heater, new 50-foot sewer line to the street, and new screening on the back porch. Being sold As Is, but many major components have already been updated. Seller is offering a one-year 2-10 Home Warranty. A true blank slate with endless potential for buyers with vision to make it their own.