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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
18
Photos
3
beds
2
baths
4,404
sqft
Built in
1978
Discover this exceptional opportunity to own a sprawling property in Elkton, Maryland, featuring not just one, but three ranch homes set on over 31 acres of picturesque land. This remarkable estate offers both vast open spaces and wooded areas, presenting a blend of rural charm and potential for subdivision. With the possibility of creating up to 7 individual lots (subject to Cecil County approval), this property is brimming with potential. In addition to subdivision opportunities, this estate offers various revenue-generating possibilities, including solar farming, leasing land for agriculture, and expanding an existing rental portfolio. Approximately 25 tillable acres are available for agricultural ventures, while the option to sell one home and its parcel separately also adds to the investment appeal. The estate features three single-family ranch homes. Previously utilized as rental properties, these homes are being sold 'as-is'. 1. 3-bedroom, 2-bathroom home with a basement 2. 3-bedroom, 2-bathroom home 3. 3-bedroom, 1-bathroom home At the heart of the estate is a tranquil pond, adding to the natural beauty and serenity of the area. Conveniently located with easy access to I-95, the property ensures effortless commutes. It's just a 30-minute drive to Wilmington and less than an hour from both Philadelphia and Baltimore. Whether you're seeking an investment opportunity, a vast expanse of land for outdoor activities, starting a farm, or building your dream home, this Elkton property is a perfect fit. Embrace the tranquility of nature and explore the potential for growth with this unique offering, now awaiting its new owner.
Features & Amenities
Interior
- Basement:
- Other
- A/C:
- None
- Heating:
- Y, Baseboard - Electric, Electric
- Fireplace:
- Fireplace, Fireplaces: 1
- Disability Feature:
- Doors - Swing In
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Ranch/Rambler
Construction
- General:
- Brick, 1, Other
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- CECIL COUNTY PUBLIC SCHOOLS
- County:
- CECIL
Lot
- Zoning:
- NAR, 0803030202
- View:
- Pond,Pasture,Scenic Vista,Trees/Woods,Water
- Current Use:
- A
Utilities
- Water:
- Well
- Sewer:
- SharedSeptic,Septic Tank Installed
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Keller Williams Realty Wilmington, Michael Terranova Jr.
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Elkton, MD
Housing
- Number of Units
- 18,609
- Median Home Value
- $247,322
- Median Rent
- $1,021
32.79% of housing units are renter occupied.
7.44% are vacant.
Commute
- Car
-
80.66%
- Public Transportation
-
1.39%
- Walk to Work
-
0.75%
- Work from Home
-
16.24%
- Other
-
0.75%
The median travel time to work is 25 minutes.
People
- Population
- 45,943
- Median Age
- 39.00
- Median Household Size
- 2.82
Education
- High School
-
33.09%
- Associate’s Degree
-
8.17%
- Bachelor’s Degree
-
15.95%
- Graduate Degree
-
9.36%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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