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77 Mimosa Lane

ELKTON, MD 21921
  • $1,596,000
  • STATUS: Active
  • ON SITE: 192 Days
  • ID#: MDCC2011226
Price Reduced
UPDATED: 78 min ago
$1,596,000
  • 0
    BEDS
  • 31.71
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:
School District:

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 basement2. 3-bedroom, 2-bathroom home3. 3-bedroom, 1-bathroom homeAt 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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Dogrul Associates | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-13T16:00:42.033.
www.novapropertiesforsale.com/homes/145743753
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77 Mimosa Lane ELKTON, MD 21921

  • Price: $1,596,000
  • Status: Active
  • On Site: 192 Days
  • Updated: 78 min ago
  • ID#: MDCC2011226
0
Beds
0
Baths
0
½ Baths
31.71
Acres
County:
Cecil
Elementary School:
Leeds
Middle School:
Cherry Hill
High School:
North East
School District:
Cecil County Public Schools
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 basement2. 3-bedroom, 2-bathroom home3. 3-bedroom, 1-bathroom homeAt 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.
Exterior Features

Garage YN No Location Type Rural Other Structures Shed View PondPastureScenic VistaTrees/WoodsWater Water Access Features Private AccessFishing Allowed Water Access YN Yes Water Body Type Pond Water View YN Yes Waterfront YN No

Interior Features

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

Property Features

Acceptable Financing CashConventional Association YN No Central Air YN No Condo YN No Construction Completed YN No Current Use Residential Federal Flood Zone YN No Lease Considered YN No Original MLSNumber 802756523194 Ownership Interest Fee Simple Property Sub Type Land Sale Type Standard Sewer Shared Septic Tax Annual Amount 6597.00 Vacation Rental YN No Water Source Well Zoning NAR

Listing courtesy of Keller Williams Realty Wilmington: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Dogrul Associates | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-13T16:00:42.033.
 
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Debbie Dogrul Associates | EXP Realty
3918 Prosperity Avenue, Suite 114
Fairfax VA, 22031