43175 N Megan Lane
Leonardtown, MD, 20650 $ 1,450,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 10,015
for $1,450,000. The lot size is 70.61.
Discover 89 acres of prime real estate offering unparalleled privacy just minutes from Leonardtown, California, Solomons Island, and Naval Air Station Patuxent River. Zoned RPD (Rural Preservation District) with agricultural use, this expansive TWO-PARCEL listing presents many possibilities. Rebuild on an existing foundation overlooking scenic rolling fields, design a custom private estate, establish a multi-generational family compound, create a hunting lodge, or leverage the land's significant subdivision and development potential. 43175 N. Megan Lane (70 Acres) Land: Features 40+/- mostly cleared acres of historic, long-standing farmland, framed by mature woods and featuring an old hay field and multiple old pasture areas. Infrastructure: Equipped with existing well, septic, and electric hookups. Structures include multiple outbuildings (stable, corn crib, and sheds) and an unsafe, damaged all-brick home with a guest suite (Strictly DO NOT enter the home or outbuildings. Agents and their clients enter the property entirely at their own risk, releasing the seller from any and all liability or claims arising from such entry!) Development: Three successful perc tests were completed in April 2021. With further testing, this parcel could potentially be subdivided into a maximum of 7 lots (e.g., seven 10-acre parcels). 43099 Fairgrounds Road (18 Acres) Land: Provides a buffer of absolute privacy and excellent potential for future direct access off Fairgrounds Road. Development: Holds valuable potential development rights. Straight development yields the potential for 2 lots (one 5-acre and one 10-acre lot), while utilizing Transfer Development Rights (TDRs) opens the potential for six 3+ acre lots. Note: This parcel failed an April 2021 perc test; potential for retesting in alternate locations is UNKOWN. Turnkey Infrastructure: Save on initial development costs with an existing foundation, well, septic system, and electrical connections already on site. Flexible Access: Current access is provided via N. Megan Lane, with future direct access potential from Fairgrounds Road. Rich History: St. Marys County 1938 GIS Maps verify the lands deep roots as a working farm. This unique offering brings together significant acreage and exceptional potential in a highly desirable location. Call today! **BUYER NOTICE: All buyers must perform their own independent due diligence and contact all relevant agencies to verify any and all information regarding development capabilities, zoning restrictions, perc retesting viability, and subdivision potential. **
See more
Lots and Land ContingentAgriculture,Residential,Vacant
FeaturesGeneralSewer On Site Septic Other
Possession Coin w/Sell Sett Settlement
Zoning RPD
School District ST. MARY'S COUNTY PUBLIC SCHOOLS
Electric Other
View Pasture Trees/Woods Other
Property Subtype Land
Tax Year 2026
Current Use Agriculture Residential Vacant Other
Ownership Fee Simple
Additional Parcels Description 43099 FAIRGROUNDS ROAD LEONARDTOWN 20650 - 18.897 ACRES
County SAINT MARYS
Property Type Land
HOA N
Subdivision Name X
Possible Use Development Residential Investment Agriculture Livestock Poultry Florist/Nursery Hunting Mixed Use
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions Fairgrounds Road to Cartwright Road. First left on to North Megan Lane. Paved Road turns into gravel road. Follow gravel road to the sign for 43175 NORTH MEGAN LN. Stay left of the sign and then pass
City LEONARDTOWN
Disclosures Other
Lot Size Units Square Feet
Lot Size Square Feet 3075772.00
Tax Annual Amount 1300.0
Condo/Coop Association fee Y/N N
Clean Green Assessed Y/N N
Price Per Sq Ft Total AG 0.47
Acceptable Financing Cash Other Conventional Negotiable
Additional Parcels Y/N Y
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active Under Contract
Association Recreation Fee N
See more
ExteriorLot Features Backs to Trees Irregular Partly Wooded Private Sloping Trees/Wooded Additional Lot(s) Cleared
Water Source Private Well
Inclusions Outbuildings
Water View Y/N N
Lot Size Acres 70.61
Wooded Area 30.00
Lot Size Source Estimated
Waterfront Y/N N
Horse Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
See more
* Excluded FeaturesList ByBerkshire Hathaway Homeservices Penfed RealtyBroker
lewie.aldridge@penfedrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $10,015
- Monthly Property Taxes
- $108
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 NearbyLots and land listings in Leonardtown, MD
Average List Price $682,387
Percent of Sale Price 53%
About Leonardtown, MD 3,778 Population
65% Since 2002
$ 83,870 Median Income
38.45 Median Age
45% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533971 Elementary School
3535470 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/10/2026 | $1,450,000 | | Listed Price |