Price Reduction - Water Views
Listed By:
Keller Williams Realty Wilmington
Address
77 Mimosa Lane, Elkton, MD
Price
$ 1,700,000
Property Attributes
  • MLS#MDCC2011252
  • TypeSingle Family
  • CountyCECIL
  • CityElkton
  • Zip21921
  • StyleRanch/Rambler
  • Year Built1978
  • Taxes$ 6597
  • Price$ 1,700,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage4404
  • Lot Size31.71 Acres
Data Source:
Bright MLS
Property Description

Don't miss this rare opportunity to own a sprawling property in Elkton, Maryland, featuring not one, but three ranch homes on over 31 acres of scenic land! This expansive estate not only offers subdivision potential but also provides a blend of vast open spaces and wooded areas. Embrace the rural charm of Elkton with this exceptional listing. The property presents a unique opportunity for subdivision, with the potential to create up to 7 individual lots (subject to Cecil County approval) This picturesque estate is graced with mature trees and includes three single-family ranch homes, each brimming with character: A 3 bedroom, 2 bathroom home with a basement A 3 bedroom, 2 bathroom home A 3 bedroom, 1 bathroom home Previously serving as rental properties, these homes are being sold 'as-is', adding to the investment allure of the land. At the heart of this estate is a peaceful pond, offering a serene setting and enhancing the area's natural beauty. The property's ideal location ensures easy access to I-95, facilitating effortless commutes. It's merely a 30-minute drive to Wilmington, and less than an hour from both Philadelphia and Baltimore. Whether you're seeking an investment opportunity or dreaming of a vast expanse of land for outdoor enjoyment, starting a small farm, or building your dream home, this property is a perfect fit. Discover the tranquility of nature and the potential for growth with this unique Elkton property, now ready for its new owner.

Elementary School Middle School High School
Leeds Elementary School Cherry Hill Middle School North East High School
Price History
12/3/2023 Listed $1,800,000
1/9/2024 3% - $1,750,000
2/6/2024 3% - $1,700,000

General Features

Sewer Shared Septic,Community Septic Tank
Heating Baseboard - Electric
Cooling None
Possession 0-30 Days CD,31-60 Days CD,Negotiable,Immediate
Zoning NAR
Garage Spaces 1.00
Pool Y/N No Pool
Architectural Style Ranch/Rambler
Construction Materials Brick
Year Built 1978
View Pond,Pasture,Scenic Vista,Trees/Woods,Water
Levels 1
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility Doors - Swing In
County CECIL
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name NONE AVAILABLE
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions south on Union Church Road then right on Tonys Road the property is on your left (77 Mimosa Lane)
High School NORTH EAST
City ELKTON
Buyer Agent Compensation 2.5
Senior Community Y/N No
High School District CECIL COUNTY PUBLIC SCHOOLS
Lot Size Square Feet 1381288.00
Tax Assessed Value 591900.0
Waterfront Y/N No
Street Name MIMOSA
Elementary School LEEDS
Tax Annual Amount 6597.0
Home Warranty Y/N No
Middle/Junior High School CHERRY HILL
Structure Type Detached
Condo/Coop Association Y/N No
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft 386.01
Acceptable Financing Cash,Conventional
Additional Parcels Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Virtual Tour https://www.youtube.com/watch?v=z5wmPajmYNE
Total SQFT 6124
Days on Market 89
Location Type Rural
Standard Status Active
Year Built Source Assessor
School District 121139799812
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Basement Other
Total Fireplaces 1
Hot Water Electric
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 4404
Full Baths 2
Street Suffix LANE
Central Air Y/N No
Total Bedrooms 3
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT 1720
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Water Source Well
Inclusions 3 single family ranch homes on property in as-is condition.
Total Parking Spaces 1
Garage Features Garage Door Opener
Type of Parking Attached Garage,Driveway
Land Use Code A
Foundation Details Other
Spa No
Water View Y/N Yes
Lot Size Acres 31.71
Water Body Type Pond
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 123800.00
Navigable Water Y/N No
Water Oriented Y/N Yes
# of Attached Garage Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 21921

Price
AVG $510K
$1.7M
Taxes
AVG $4,394
$6,597
Visits
AVG 606
563
Data Provided by Inside Real Estate®
Year Built
AVG 1980
1978

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