532 Luchu Way, Newark, DE, 19702
About This Home
Welcome to this beautifully maintained 3 year old twin home in Newark, offering modern construction with thoughtful upgrades throughout. A charming front porch invites you inside to an open, light-filled floor plan featuring scratch and water resistant manufactured hardwoods that combine style with everyday durability. At the heart of the home, the gourmet kitchen impresses with stainless steel appliances, quartz countertops, and a large center island—perfect for both entertaining and casual gatherings. Upstairs, the spacious primary suite is a true retreat, complete with tray ceilings, dual vanities, an oversized walk-in closet, and serene views overlooking the backyard. With 4 bedrooms, 3.5 baths, and a finished basement, there’s room for everyone and every need—home office, guest space, or recreation room. Step outside to a paver patio set on a premium, private lot backing to trees, offering rare privacy and a peaceful natural backdrop. A 2 car garage completes this move-in-ready home. Newer construction, low-maintenance living, and a standout lot—this one checks all the boxes. This property is also in the 5 mile radius for the Newark Charter School. Schedule your private showing today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Excellent
- New construction: Yes
- Year built: 2023
Materials
- Foundation: Concrete Perimeter
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater,Tankless Water Heater
Basement
- Area: 0
Basement
- Has basement: Yes
- Basement: Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Features
- Finished area below ground: 0
- Finished area above ground: 3,325
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 3,325
- Total interior livable area: 3,325 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 11030.20150
- Attached to another structure: Yes
- Zoning: S
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Patio,Porch
- Exterior features: Extensive Hardscape
- Has view: Yes
- View description: Trees/Woods
Lot
- Lot size: 5,663 sqft
- Lot size dimensions: 0.00 x 0.00
Parking
- Total spaces: 2
- Parking features: Garage Faces Front,Attached,Driveway
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Cold Wave
- Heat Wave
- Inland Flooding
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Delaware Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,907 | $34,884 |
| Home Insurance * | $165 | $1,980 |
| Property Taxes | $345 | $4,140 |
| Electricity | $367 | $4,412 |
| Total | $3,784 | $45,408 |
Income You'd Need if You Spent...
Delaware FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-17 | Price change | $575,000 |
| 2026-07-03 | Price change | $579,900 |
| 2026-06-12 | Price change | $590,000 |
| 2026-05-29 | Listed for sale | $597,000 |
| 2023-01-25 | Sold | $533,970 |
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