Property Description

Welcome to a stunning, nearly new, 3 bed 2 bath ranch, built in 2025. The kitchen has stainless KitchenAid gas appliances, gray cabinets with brushed nickel hardware, and quartz countertops. There is gray tile backsplash and a large composite single bowl sink. A corner pantry and an eating island with space for seating complete the kitchen. The great room has tons of light and beautiful LVP flooring. The owners suite offers a private bath with a double bowl vanity, quartz counter, a walk-in shower and a huge closet. The additional 2 beds, share a full bath.. The basement is unfinished with rough-in plumbing offering endless possibilities and a three car garage complete the tour. This spacious open layout is perfect for everyday living and entertaining. Add it to your list to see today!

538 Penwell Drive | MLS# 226005692

This single family home located at 538 Penwell Drive, Delaware, OH 43015 is currently listed for sale with an asking price of $479,999. This property was built in 2025 and has 3 bedrooms and 2 full baths with 1646 sq. ft. Penwell Drive is located in the Limestone Ridge subdivision within the DELAWARE CITY school district. Search Limestone Ridge real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Basement: Full

Basement: Yes

Cooling: Central Air

Days on Market: 16

Garage: 3 car attached

Heating: Forced Air

Home Style: Ranch

Lot Size: 0.30 Acres

Taxes: $1,451

Year Built: 2025

Feature Descriptions

Association/Condo Fee: 100

Exterior: Cement Fiber Board, Stone, Vinyl Siding

Flooring: Laminate, Carpet, Ceramic/Porcelain, Vinyl

HOA: Yes

Parcel #: 519-330-56-003-000

Parking: Attached Garage

Local Schools

School District: DELAWARE CITY

Market Trends

Delaware County Residential Market Trend Graphs

Zip Code 43015

Source: Delta Media Group, Inc.

Demographics

Delaware County Demographic Information for 538 Penwell Drive, Delaware, OH 43015

Fips

Fips Code 39041

Population

2020 to 2023 Change up 8.2%

2010 Count 174,214

2020 Count 214,124

2023 Estimate (V2023) 231,636

2020 Estimate (V2023) 214,135

Age Distribution (Years Old)

0 to 4 5.5%

5 to 17 24.5%

18 to 64 54.9%

65 and Older 15.1%

Gender

Male 50.1%

Female 49.9%

Place of Birth

Foreign 8.5%

US 91.5%

Education

High School Graduate, Age 25+ 97.2%

Bachelor's Degree or Higher, Age 25+ 57.4%

Computer and Internet use

Households with a computer 98.1%

Households with a broadband Internet subscription 95.9%

Language

English is Second Language, Age 5+ 10.0%

English is First Language, Age 5+ 90.0%

Veterans

Veterans 10,036

Income

Per Capita Income $56,963

Median Household Income $123,995

People in Poverty 4.6%

Commute

Average Work Commute Time 26 minutes

Housing

Total Housing Units 86,483

Households 78,456

Average Household Size 2.73

Owner-Occupied 78.9%

Multi-Family 15.9%

Owner-Occupied Median Value $393,000

Median selected monthly owner costs -with a mortgage $2,362

Median selected monthly owner costs -without a mortgage $910

Median gross rent $1,338

Building Permits

New Private Housing Issued 2023 2,043

Years at Residence

1 Year or More 88.8%

Less Than 1 Year 11.2%

Business and Employment

Private non-farm Establishments 5,043

Private non-farm Employment 85,172

Private non-farm Employment Growth up 4.2%

Nonemployer Establishments 20,243

Number of Firms 16,809

Business Production

Value of Shipments $3,096,835,000

Wholesale Trade $2,187,941,000

Retail Trade $4,101,929,000

Retail Sales Per Capita $17,556

Accommodation and Food Services $582,897,000

Land

Land Area 443.10 sq. miles

Population Per Square Mile 394

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,602.84 per month $2,341.92 Principal & Interest $120.92 Property Tax $140.00 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/16/2026. The listing information on this page last changed on 03/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/16/2026 12:00:01 AM EST) or Dayton MLS (last updated Sun 03/15/2026 11:46:32 PM EST) or CBRMLS (last updated Sun 03/15/2026 11:54:38 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Sun 03/15/2026 11:53:37 PM EST) or NKY MLS (last updated Sun 03/15/2026 11:28:23 PM EST) or Wrist MLS (last updated Sun 03/15/2026 11:24:21 PM EST) or Firelands MLS (last updated Sun 03/15/2026 11:12:14 PM EST) or MLS NOW (last updated Sun 03/15/2026 11:57:28 PM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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