• Follow Ditch Road PRINCESS ANNE, MD 21853

  • $2,488,500
  • 30,973,338
    Sq Ft
  • 30973338
    Sqft

This 711 timberland complex stands within several thousand contiguous acres of state owned forestland in Somerset County.  The tract is located to the South of Wellington WMA and to the North of the Chesapeake Forest Wells Timberland Complex.  This region of the Eastern Shore is well known for the high population of Whitetails and Eastern Wild Turkey. The tract offers the wildlife manager an array of management opportunities for improving the existing habitat as well as creating long term economic returns from the land.  The property has been recently surveyed by consulting hired by the owner to monetize the natural resources of the property for income.  The timber age class summary indicates there is some immediate merchantable timber as well as possible eligibility for certain conservation programs at the state and federal level. A hunting lease yields yearly income as well.  Together these income streams can create a value stack of income streams to make this a quality land investment.  The property is currently free and clear of any conservation programs restricting it's current or future use.  The land use zoning is currently agricultural. Timber data is available upon request.

Property Type :

Land

County :

SOMERSET

Style :

Land

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Property Details

 

Water/Sewer

Water Source : None

Utility Features

Sewer: No Septic System,No Sewer System

Lot Information

Lot Size: 30,973,338

Lot Size (Acres): 711.05

Main Square Feet: 30,973,338

Property Information

Total Lot SQ ft: 30,973,338

Total Acreage: 711.05

Listing Information

Possession: Immediate

Days Of Market: 310

Tax Information

Annual Tax: $1,482

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Immediate

Assessment Information

Taxes Assessment Amount: $133,300

Homeowners Association Information

Direction: From Rt. 13 South, Turn left on Costen Road. The turn left on Follow Ditch Road. The property will be on you left in 1.5 miles.

School Information

School District: SOMERSET COUNTY PUBLIC SCHOOLS

Utility Information

Water Source: None

Sewer: No Septic System,No Sewer System

Location Information

Direction: From Rt. 13 South, Turn left on Costen Road. The turn left on Follow Ditch Road. The property will be on you left in 1.5 miles.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Oriole Road , Princess Anne, MD,21853 $16,950 -- -- 96,268 96267.6 Sqft
Revells Neck , Princess Anne, MD,21853 $759,000 -- -- 1,566,853 1566853 Sqft
Antioch Avenue , Princess Anne, MD,21853 $69,950 -- -- 14,941 14941 Sqft
Westfield Lane , Princess Anne, MD,21853 $200,000 -- -- 285,318 285318 Sqft
Wildwood Drive , Princess Anne, MD,21853 $35,000 -- -- 133,729 133729 Sqft
Old Princess Anne Road , Princess Anne, MD,21853 $625,000 -- -- 1,415,700 1415700 Sqft
Drawbridge Road , Princess Anne, MD,21853 $18,000 -- -- 52,272 52272 Sqft
32456 Perryhawkin Road , Princess Anne, MD,21853 $184,999 3 2.0 1,066 14400 Sqft
12509 Mallard Lane , Princess Anne, MD,21853 $150,000 -- -- 165,528 165528 Sqft
13006 Backbone Road , Princess Anne, MD,21853 $955,000 4 2.5 3,159 3145032 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 04/27/2024 @ 02:10

MLS: MDSO2002900
LISTED BY: Benjamin Alder , The Land Group
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
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.

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