The present invention relates to a decorative lighting panel for mounting to a home exterior via mounting holes, brackets, bolts, etc. The panel has a frame that includes a groove between a front surface and rear surface of the panel. A plurality of illumination sources in the form of LED strips or chips are disposed in the groove, for providing illumination and a retractable plastic cover is designed to reveal the LEDs when pulled down. The plastic cover generally covers the LEDs when illumination is not required. The panel has wireless capabilities allowing a remote control or a handheld electronic device with an installed software application to remotely control the operations of the panel. The panel is designed to be electrically connected to other similar panels to form a series of panels for creating a long segment of illumination.