77 Mimosa Lane Elkton, MD $ 1,399,000
77 Mimosa Lane
$ 1,399,000
Share Save

77 Mimosa Lane

Elkton, MD, 21921
$ 1,399,000
Baths0.0

Monthly Estimate*

$ 8,379

77 Mimosa Lane, Elkton, MD 21921 - Image 1
77 Mimosa Lane, Elkton, MD 21921 - Image 2
77 Mimosa Lane, Elkton, MD 21921 - Image 3
77 Mimosa Lane, Elkton, MD 21921 - Image 4
77 Mimosa Lane, Elkton, MD 21921 - Image 5
77 Mimosa Lane, Elkton, MD 21921 - Image 6
77 Mimosa Lane, Elkton, MD 21921 - Image 7
77 Mimosa Lane, Elkton, MD 21921 - Image 8
77 Mimosa Lane, Elkton, MD 21921 - Image 9
77 Mimosa Lane, Elkton, MD 21921 - Image 10
77 Mimosa Lane, Elkton, MD 21921 - Image 11
77 Mimosa Lane, Elkton, MD 21921 - Image 12
77 Mimosa Lane, Elkton, MD 21921 - Image 13
77 Mimosa Lane, Elkton, MD 21921 - Image 14
77 Mimosa Lane, Elkton, MD 21921 - Image 15
77 Mimosa Lane, Elkton, MD 21921 - Image 16
77 Mimosa Lane, Elkton, MD 21921 - Image 17
77 Mimosa Lane, Elkton, MD 21921 - Image 18
77 Mimosa Lane, Elkton, MD 21921 - Image 19
77 Mimosa Lane, Elkton, MD 21921 - Image 20
77 Mimosa Lane, Elkton, MD 21921 - Image 21
77 Mimosa Lane, Elkton, MD 21921 - Image 22
View a Virtual Tour
Studio

Lots and Land for sale in Elkton, MD

for $1,399,000. The lot size is 31.71.

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.

See more

Lots and Land Active

Price

$ 1,399,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 8,295

Style

Residential

Lot Size

31.71

Town/City

Elkton

County/Region

Cecil

MLS | Web ID

MDCC2011226

Features
General
Sewer Shared Septic
Possession 0-30 Days CD Immediate Negotiable 31-60 Days CD
Zoning NAR
School District CECIL COUNTY PUBLIC SCHOOLS
View Pond Pasture Scenic Vista Trees/Woods Water
Property SubType Land
Tax Year 2024
Current Use Residential
Percent Ownership Fee Simple
County CECIL
Property Type Land
Home Owner Assoc N
Water Access Y/N Y
Status ACTIVE
Directions south on Union Church Road then right on Tonys Road the property is on your left (77 Mimosa Lane)
City ELKTON
Lot Size Units Square Feet
Lot Size Square Feet 1381288.00
Waterfront Y/N N
Tax Annual Amount 8295.0
Condo/Coop Association Y/N N
Clean Green Assessed Y/N N
Price Per Sq Ft Total AG 1.01
Acceptable Financing Cash Conventional
Additional Parcels Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://www.youtube.com/watch?v=z5wmPajmYNE
Days on Market 293
Location Type Rural
Standard Status Active
Association Recreation Fee N
See more
Exterior
Water Source Well
Inclusions 3 single family ranch homes on property in as-is condition.
Water View Y/N Y
Lot Size Acres 31.71
Water Body Type Pond
Lot Size Source Assessor
Water Access Features Private Access Fishing Allowed
Water Oriented Y/N Y
See more
Internal Only
Street Number 1 77
See more
* Excluded Features
List By
Keller Williams Realty Wilmington

Broker

mike@theterranovateam.com

Email

Affordability Calculator

$9,070
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,379
Monthly Property Taxes
$691
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3534404 Elementary School
3535079 Middle School
North East High School High School
Pricing History
DatePricePrice ChangeDescription
7/19/2024$1,399,000 -12.34% Price Down
6/7/2024$1,596,000 -0.06% Price Down
3/21/2024$1,597,000 -6.06% Price Down
2/6/2024$1,700,000 -2.86% Price Down
1/9/2024$1,750,000 -2.78% Price Down
12/3/2023$1,800,000 Listed Price

Map


See all

77 Mimosa Lane, Elkton, MD, 21921 is a Lots and Land for sale at $1,399,000 with a lot size of 31.71. 77 Mimosa Lane is a studio with 0.0 baths. The property's zip code is 21921 which is in Elkton, MD