Lilliendal was established by Hans Gustav Lillienskiold (1727–1796) in the 1760s and later owned by the Knuth family for almost two hundred years from the 1800s to 1994.

The estate replaced a village called Skuderup which in the 17th century consisted of ten farms and four houses.

[1] The rest of Skuderup had been included in Vordingborg Cavalry District in the 1710s, which was now divided into 12 estates and sold in auction.

He had met his first wife in lisabeth Sophie Charlotte de Malleville (1740–1768) the Danish West Indies.

[2] Lilienskiold was later married again two times, first to Mette Cathrine de Cederfeld and then to Sophie Charlotte von Helzen.

In 1785 Lillienskiold sold Lilliendal to Niels Lunde Reiersen (1742-95), a wealthy merchant from Copenhagen, who already owned Nysø, Jungshoved and Oremandsgaard.

Lilliendal and Høvdingsgaard was then sold at auction to State Prosecutor General Peter Uldall.

In 1704 he was granted royal permission to dissolve the barony and in 1821 to convert Lilliendal into a fideikommis (family trust).