43175 N Megan Lane Leonardtown, MD $ 1,450,000
43175 N Megan Lane
$ 1,450,000
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43175 N Megan Lane

Leonardtown, MD, 20650
$ 1,450,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 10,015

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Lots and Land for sale in Leonardtown, MD

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. **

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Lots and Land Contingent

Price

$ 1,450,000

Property Type

Lots and Land

Taxes

$ 1,300

Style

Agriculture,Residential,Vacant

Lot Size

70.61

Town/City

Leonardtown

County/Region

Saint Marys

MLS | Web ID

MDSM2033644

Features
General
Sewer 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
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Exterior
Lot 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
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Internal Only
Street Number 1 43175
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* Excluded Features
List By
Berkshire Hathaway Homeservices Penfed Realty

Broker

lewie.aldridge@penfedrealty.com

Email

Affordability Calculator

$10,123
Per Month
99%
1%
0%
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.
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Nearby
3533971 Elementary School
3535470 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$1,450,000 Listed Price

Map


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43175 N Megan Lane, Leonardtown, MD, 20650 is a Lots and Land for sale at $1,450,000 with a lot size of 70.61. 43175 N Megan Lane has 0.0 baths. The property's zip code is 20650 which is in Leonardtown, MD