For Sale
$1,399,00031.71 Acres
For Sale
3 beds • 2 baths • 4,404 sq ft

77 MIMOSA LANE, Elkton, MD 21921 - Cecil County

Residential
Static Google Map
Property ID 19006017

Ranch/Rambler, Detached - ELKTON, MD

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.

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Location

Property Video
M

Mike Terranova

Keller Williams Realty Wilmington
(302) 299-1100

Message

Mike Terranova

Keller Williams Realty Wilmington