Active
4 beds2,850 sqft$325/sqft
4938 Fairbank Rd, Tilghman, MD 21671
Est: $5,109/moGet pre-approved
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, 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...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 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.
58 days on Market
  • Listed by: Tracy Higgs Wagner 410.310.5581 tracyhiggswagner@gmail.com • Meredith Fine Properties
Last updated: 08/23/2026 12:46 PM • Source: BRIGHT, MLS#: MDTA2014140

Location

Listing Courtesy of Meredith Fine Properties
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$5,109 per month

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Property Taxes

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Property Information for 4938 Fairbank Road

Property Details
  • Taxes: $4,889 / year
  • MLS Type: Residential / Fee Simple
  • 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
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
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
Confidential Data
Listing Office
  • List Agent AOR: Mid-Shore Board of REALTORS
  • List Agent URL: tracyhiggswagner.net

Property History for 4938 Fairbank Road

DateEvent & SourcePriceAppreciation
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
DateEvent & SourcePrice
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

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

Public Records for 4938 Fairbank Road

Taxable ValueLand-Additions-Total-
Tax Record2025$3,797 ($316 / month)
Home Facts
Beds0Baths2.5Total Finished SqFt3,788 SqFtAbove Grade Finished SqFt3,788 SqFtStories2Lot Size39,552 SqFtStyleSingle Family ResidenceYear Built1968Year Renovated1968CountyTALBOTAPN05-184614

Schools near 4938 Fairbank Road

This home is within Talbot County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Rating
School
Distance
Tilghman Elementary School
PublicPK to 5

St. Michaels Middle/High School
Public6 to 12

Easton High School
Public9 to 12

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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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 08/23/2026 12:46 PM