77 MIMOSA LN Active

Elkton,MD 21921

$ 1399000

3 Beds

2 Baths

4404 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,404 sqft

Price per Sqft $317

Subdivision None Available

MLS Listing ID MDCC2011252

Style Ranch/Rambler

Bedrooms 3

Full Baths 2

Year Built 1978

Annual Tax Amount $8,295

Tax Year 2024

Lot Size 31.710 Acres

Property Description

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.

Location

State MD

County Cecil

Zoning NAR

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Fireplaces Number 1

Inclusions 3 single family ranch homes on property in as-is condition.

Exterior

Garage Garage Door Opener

Garage Spaces 1.0

Waterfront N

Water Access N

View Pond,Pasture,Scenic Vista,Trees/Woods,Water

Building

Story 1

Foundation Other

Sewer Shared Septic,Community Septic Tank

Water Well

New Construction N

Schools

Elementary Schools Leeds

Middle Schools Cherry Hill

High Schools North East

School District Cecil County Public Schools

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

Pets Description No Pet Restrictions

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