4938 Fairbank Road Tilghman, MD $ 950,000
4938 Fairbank Road
$ 950,000
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4938 Fairbank Road

Tilghman, MD, 21671
$ 950,000
Bedrooms4 Baths3.0 Sq 2,850

Monthly Estimate*

$ 5,998

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Single Family Home for sale in Tilghman, MD

for $950,000 with 4 bedrooms and 3 full baths. This 2,850 square foot home was built in 1968 on a lot size of 0.91.

*INCOME PRODUCING* Tucked away in the charming Fairbank community on Tilghman Island, this delightful waterfront home captures the very best of Eastern Shore living. Overlooking the serene waters of Blackwalnut Cove with approximately 3 MLW, the property blends classic cottage character with thoughtful modern enhancements. The original portion of the home reflects its roots as a cozy summer cottage, complete with a charming screened porch perfect for enjoying warm breezes and waterfront views. A connected wing was elevated 10 feet and now features a spacious two-car garage on the main level, offering abundant storage for boats, kayaks, and gear. The rear wing provides exceptional versatility with a private studio apartmentcurrently a licensed B&B with its own entranceideal for guests, rental income, or multigenerational living. Inside the main home, a wood-burning fireplace invites you to curl up on cool days and evenings, while the screened porch becomes the heart of the home during warmer months. With 4 bedrooms and 3 baths, this property offers comfort, flexibility, and the relaxed coastal lifestyle that defines the Eastern Shore. Appointment-only showings. Do not enter the property without an appointment.

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Single Family Active

Price

$ 950,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 4,889

Style

Coastal

Lot Size

0.91

Year Built

1968

Town/City

Tilghman

County/Region

Talbot

MLS | Web ID

MDTA2014140

Features
General
Living Area 2850
Sewer On Site Septic
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Zoning R
Garage Spaces 2.00
Patio/Porch Features Balconies- Multiple Screened Porch(es)
Architectural Style Coastal
Construction Materials Brick Frame Block Vinyl Siding
School District TALBOT COUNTY PUBLIC SCHOOLS
Year Built 1968
View Scenic Vista
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Waterfront Features Private Dock Site
Accessibility 2+ Access Exits
County TALBOT
New Construction N
Property Type Residential
HOA N
Subdivision Name FAIRBANK
Garage Y/N Y
Water Access Y/N Y
Other Structures Above Grade Below Grade
Full Baths 3
Status ACTIVE
Directions Tilghman Island Rd to Tilghman Island left on Fairbank Rd 4938 will be on the right
City TILGHMAN
Body of Water Blackwalnut Cove
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 39552.00
Tax Annual Amount 4889.0
Home Warranty Y/N N
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 333.33
Acceptable Financing Conventional Cash
Additional Parcels Y/N N
Vacation Rental Y/N N
Location Type Bayfront
Standard Status Active
Year Built Source Assessor
Legal Subdivision *
Federal Flood Zone AE
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Interior
Heating Fuel Electric
Total Fireplaces 1
Fireplace Features Wood Screen Mantel(s) Brick
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2850
Central Air Y/N Y
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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Exterior
Exterior Amenities Awning(s)
Pool No Pool
Water Source Well
Garage Features Garage - Side Entry Garage Door Opener
Type of Parking Attached Garage
Foundation Details Block Slab
Water View Y/N N
Lot Size Acres 0.91
Water Body Type Cove
Lot Size Source Assessor
Waterfront Y/N Y
Water Access Features Boat - Powered Canoe/Kayak Fishing Allowed Private Access
Horse Y/N N
Number of Docks 0
Land Assessed Value 279400.00
Navigable Water Y/N Y
Water Oriented Y/N Y
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Internal Only
Street Number 1 4938
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* Excluded Features
List By
Meredith Fine Properties

Broker

tracyhiggswagner@gmail.com

Email

Affordability Calculator

$6,406
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,998
Monthly Property Taxes
$407
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
3533924 Elementary School
3534231 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/15/2026$895,000 Listed Price

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4938 Fairbank Road, Tilghman, MD, 21671 is a Single Family Home for sale at $950,000 with 2,850 sqft and a lot size of 0.91. 4938 Fairbank Road has 4 bedrooms, 3.0 baths, and was built in 1968. The property's zip code is 21671 which is in Tilghman, MD