4938 Fairbank Road

Active

$925,000

Est: $5,346/moGet pre-approved

4 beds3 baths2,850 sqft

4938 Fairbank Rd, Tilghman, MD 21671

Single FamilyProperty Type

0.91 acresLot Size

1968Year Built

$325/sq ftPrice per sq ft

2 carsParking Spaces

Description

Income producing Tucked away in the charming Fairbank community on Tilghman Island a 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...Income producing Tucked away in the charming Fairbank community on Tilghman Island a 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 apartment—currently a licensed B&B with its own entrance—ideal 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.

101 days on Market

Listed by: Tracy Higgs Wagner 410.310.5581 tracyhiggswagner@gmail.com • Meredith Fine Properties

Last updated: 09/25/2026 05:55 AM • Source: BRIGHT, MLS#: MDTA2014140

Location

Listing Courtesy of Meredith Fine Properties

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$5,346 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,938

Property Taxes

$407

HOA Dues

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Property Information for 4938 Fairbank Road

Property Details

Taxes: $4,889 / year
MLS Type: Residential / Fee Simple
County: Talbot County
Tax ID Number: 2105184614
Ownership: Fee Simple
Condo Coop Association: No
HOA: No
Structure Type: Detached
Style: Coastal
Levels/Stories: 2
Furnished: Yes
Waterfront: Yes
Waterfront Features: Private Dock Site
Views: Scenic Vista
Garage: Yes
Expected On Market Date: 07-01-2026
Subdivision: FAIRBANK
Subdivision: FAIRBANK (TALBOT MD)
Legal Subdivision: *
Total Parking Spaces: 2
Central Air: Yes
Basement: No
Above Grade Finished SQFT: 2,850.00
Above Grade Fin SQFT Source: Estimated
Below Grade Finished SQFT: .00
Below Grade Fin SQFT Source: Assessor
Below Grade Unfinished SQFT: .00
Below Grade Unfin SQFT Source: Assessor
Total Below Grade SQFT: .00
Total Below Grade SQFT Source: Assessor
New Construction: No

Building Information

Stories: 2
Year Built: 1968
Lot Size: 0.91 AC / 39,552 SF

Location

Location

In City Limits: No
School District Name: TALBOT COUNTY PUBLIC SCHOOLS

School District County ID: 121138072466
SchoolDistrictSource: Listing Agent
County: TALBOT

Waterfront / Water Access

Waterfront / Water Access

Water View: No
Water Access: Yes

Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access
Water Oriented: Yes
Navigable Water: Yes
Tidal Water: Yes
Water Body Name: Blackwalnut Cove
Water Body Type: Cove
Water Frontage In Feet: 145.0
Docks Count: 0
Mean Low Water Feet: 3.00
Distance To Body Of Water: 100.00
Distance To Body Of Water Units: Feet

Association / Community Info

Association / Community Info

Senior Community: No

Taxes and Assessment

Taxes and Assessment

Tax Year: 2025
Tax Assessed Value: $601,433

Year Assessed: 2026
County Tax: $4,889
Improvement Assessed Value: $456,500
Land Assessed Value: $279,400
Clean Green Assessed: No
Municipal Trash: No
Land Use Code: R
Zoning: R
School Tax: $0
Automatically Update Tax Values Y/N: Yes

Rooms

Main

# Bedrooms Count Main Level: 1
# Bathrooms Count Main Level: 1

# Bathrooms Full Main Level: 1
# Bathrooms Half Main Level: 0

All Upper Levels

# Bedrooms Count All Upper Levels: 3
# Bathrooms Count All Upper Levels: 2

# Bathrooms Full All Upper Levels: 2

Upper Level 1

# Bedrooms Count Upper Level: 3
# Bathrooms Count Upper Level: 2

# Bathrooms Full Upper Level: 2

Rooms

Stories: Main, Upper 1

Building Info

Building Info

Year Major Reno Remodel: 2013
Total Finished SQFT: 2,850.00

Total Finished SQFT Source: Estimated
Total SQFT: 2,850.00
Total SQFT Source: Estimated
Construction Materials: Brick, Frame, Block, Vinyl Siding
Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/8050/9591/2888/805095912888_512_384_WM_m6nJOWS6_mNMMGoK.jpg
Foundation Details: Block, Slab
Room and Floor: Bedrooms-Main Level-1, Bathrooms Full-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Upper Level 1-2
# Bathrooms Full: 3
# Bathrooms Half: 0
Other Structure: Above Grade, Below Grade

Lot / Land Information

Lot / Land Information

Lot Size Source: Assessor
Location Type: Bayfront

Parcel ID: 5301523
Additional Parcels: No
Ground Rent Exists: No

Parking

Parking

Type Of Parking: Attached Garage
Num of Attached Garage Spaces: 2

Total Garage Spaces: 2
Garage Features: Garage - Side Entry, Garage Door Opener

Interior Features

Interior Features

Fireplace: Yes
Fireplaces Count: 1

Fireplace Features: Wood, Screen, Mantel(s), Brick
Accessibility Features: 2+ Access Exits

Exterior Features

Exterior Features

Exterior Features: Awning(s)
Outdoor Living Structures: Balconies- Multiple, Screened, Porch(es)

Pool: No Pool
Horse: No

Utilities

Utilities

Heating: Yes
Cooling Type: Central A/C

Cooling Fuel: Electric
Heating Type: Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric
Water Source: Well
Sewer Septic: On Site Septic

Property History for 4938 Fairbank Road

Date	Event & Source	Price	Appreciation
Aug 21, 2026	Price Change BRIGHT #MDTA2014140	$925,000	—
Jul 19, 2026	Price Change BRIGHT #MDTA2014140	$950,000	—
Jul 1, 2026	Listed (Active) BRIGHT #MDTA2014140	$975,000	—
Jun 1, 2000	Expired BRIGHT #MDTA122024		—
Jul 14, 1998	Listed (Active) BRIGHT #MDTA122024	$339,500	—

Date	Event & Source	Price
08/21/2026	Price Change BRIGHT #MDTA2014140	$925,000
07/19/2026	Price Change BRIGHT #MDTA2014140	$950,000
07/01/2026	Listed (Active) BRIGHT #MDTA2014140	$975,000
06/01/2000	Expired BRIGHT #MDTA122024	—
07/14/1998	Listed (Active) BRIGHT #MDTA122024	$339,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

4938 Fairbank Road

Beds

Baths

2.5

Total Finished SqFt

3,788 SqFt

Above Grade Finished SqFt

3,788 SqFt

Stories

Lot Size

39,552 SqFt

Schools near 4938 Fairbank Road

This home is within Talbot County Public Schools.


Rating	School	Type	Grades	Distance
2/10	Tilghman Elementary School	Public - Serves this home	PK to 5	1.9 mi
6/10	St. Michaels Middle/High School	Public - Serves this home	6 to 12	9.4 mi
6/10	Easton High School	Public - Serves this home	9 to 12	15.6 mi


Rating	School	Distance
2/10	Tilghman Elementary School PublicPK to 5 Serves this home	1.9 mi
6/10	St. Michaels Middle/High School Public6 to 12 Serves this home	9.4 mi
6/10	Easton High School Public9 to 12 Serves this home	15.6 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4938 Fairbank Road, Tilghman, MD 21671

4938 Fairbank Road is a single family home for sale in Tilghman, MD 21671. This property was listed for sale on July 1, 2026 by Meredith Fine Properties, it's currently listed at $925,000. This listing's school district is Talbot County Public Schools. Nearby schools include Tilghman Elementary School, St. Michaels Middle/High School and Easton High School. 4938 Fairbank Road is a 4-bed, 3-bath, 2,850 sqft single family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Meredith Fine Properties

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 09/25/2026 05:55 AM

4938 Fairbank Rd, Tilghman, MD 21671

Property Details

Building Information

Location

Waterfront / Water Access

Association / Community Info

Taxes and Assessment

Rooms

Building Info

Lot / Land Information

Parking

Interior Features

Exterior Features

Utilities

Beds

Baths

Total Finished SqFt

Above Grade Finished SqFt

Stories

Lot Size

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More information about 4938 Fairbank Road, Tilghman, MD 21671