77 MIMOSA LN Active Save Request In-Person Tour Request Virtual Tour
Elkton,MD 21921
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDCC2011226
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
Inclusions 3 single family ranch homes on property in as-is condition.
Exterior
Waterfront N
Water Access Y
View Pond,Pasture,Scenic Vista,Trees/Woods,Water
Building
Sewer Shared Septic
Water Well
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