• 77 Mimosa Lane Elkton, MD 21921

  • $1,700,000
  • 3
    Bed(s)
  • 2.0
    Baths
  • 4,404
    Sq Ft
  • 1381288
    Sqft

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.

Property Type :

Residential

Subdivision :

None Available

County :

CECIL

Style :

Residential

Sell a home like this and save $101,501 Find Out How

Property Details

 

Bedroom Information

Total Bedrooms : 3

Master Bedroom Level: 3

Bathroom Information

Total Baths: 2

Full Baths: 2

Water/Sewer

Water Source : Well

Interior Features

Basement Description: Other

Heating & Cooling

Cooling: None

Heating: Baseboard - Electric

Cooling Fuel: Electric

Heating Fuel: Electric

Building Information

Year Built: 1978

Structure: Detached

Fireplace: 1

New Construction: No

Built: 1978

Construction Material: Brick

Foundation/Basement: Other

Architecture: Ranch/Rambler

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Shared Septic,Community Septic Tank

Water

Water Heat: Electric

Lot Information

Lot Size: 1,381,288

Lot Size (Acres): 31.71

Architectural Style: Ranch/Rambler

Main Square Feet: 1,381,288

Property Information

SQ ft: 6,124

SQ ft (Living Area): 4,404

Total Lot SQ ft: 1,381,288

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

Subdivision: NONE AVAILABLE

Financing: Cash,Conventional

Total Acreage: 31.71

New Construction: No

Type: Ranch/Rambler

Listing Information

Possession: 0-30 Days CD,31-60 Days CD,Negotiable,Immediate

Days Of Market: 86

Lease Information

Lease Considered: No

Tax Information

Annual Tax: $6,597

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

0-30 Days CD,31-60 Days CD,Negotiable,Immediate

Assessment Information

Taxes Assessment Amount: $591,900

Virtual Tour

Parking Information

Total Parking Spaces: 1

Parking Type: Attached Garage,Driveway

Has Garage: Y

Garage Type: Garage Door Opener

Garage Space: 1

# of Attached Garage Spaces: 1

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Homeowners Association Information

Direction: south on Union Church Road then right on Tonys Road the property is on your left (77 Mimosa Lane)

School Information

Elementary School: LEEDS

Middle OR Junior School: CHERRY HILL

High School: NORTH EAST

School District: CECIL COUNTY PUBLIC SCHOOLS

Fire Place Information

Total Fire Place: 1

Utility Information

Water Source: Well

Sewer: Shared Septic,Community Septic Tank

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Electric

Location Information

Location Type: Rural

Direction: south on Union Church Road then right on Tonys Road the property is on your left (77 Mimosa Lane)

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
320 Muddy Lane , Elkton, MD,21921 $250,000 -- -- 545,807 545807 Sqft
6-48 Shade Tree Lane , Elkton, MD,21921 $900,000 -- -- 289,674 289674 Sqft
39 Wood Chip Road , Elkton, MD,21921 $99,999 -- -- 48,787 48787 Sqft
264 Muddy Lane , Elkton, MD,21921 $2,500,000 -- -- 3,656,426 3656426 Sqft
Old Elk Neck Road , Elkton, MD,21921 $85,000 -- -- 168,577 168577 Sqft
TBD Red Cloud Loop , Elkton, MD,21921 $439,990 3 2.5 -- 7840.8 Sqft
E Pulaski Highway , Elkton, MD,21921 $699,999 -- -- 60,113 60112.8 Sqft
1000 Chase Circle , Elkton, MD,21921 $462,990 4 2.5 -- 8712 Sqft
1010 Chase Circle , Elkton, MD,21921 $492,990 3 2.5 -- 8712 Sqft
1003 Chase Circle , Elkton, MD,21921 $511,990 3 2.5 -- 8712 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/02/2024 @ 23:40

MLS: MDCC2011252
LISTED BY: Michael Terranova Jr. , Keller Williams Realty Wilmington
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $101,501 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion