77 Mimosa Lane
77 Mimosa Lane
$1,597,000
9
5
3,000
3,000
$532
Virtual Tour
Description
Discover this exceptional opportunity to own a sprawling property in Elkton, Maryland, featuring not just one, but three ranch homes set on over 31 acres of picturesque land. This remarkable estate offers both vast open spaces and wooded areas, presenting a blend of rural charm and potential for subdivision. With the possibility of creating up to 7 individual lots (subject to Cecil County approval), this property is brimming with potential. In addition to subdivision opportunities, this estate offers...Discover this exceptional opportunity to own a sprawling property in Elkton, Maryland, featuring not just one, but three ranch homes set on over 31 acres of picturesque land. This remarkable estate offers both vast open spaces and wooded areas, presenting a blend of rural charm and potential for subdivision. With the possibility of creating up to 7 individual lots (subject to Cecil County approval), this property is brimming with potential. In addition to subdivision opportunities, this estate offers various revenue-generating possibilities, including solar farming, leasing land for agriculture, and expanding an existing rental portfolio. Approximately 25 tillable acres are available for agricultural ventures, while the option to sell one home and its parcel separately also adds to the investment appeal. The estate features three single-family ranch homes. Previously utilized as rental properties, these homes are being sold 'as-is'.
1. 3-bedroom, 2-bathroom home with a basement
2. 3-bedroom, 2-bathroom home
3. 3-bedroom, 1-bathroom home
At the heart of the estate is a tranquil pond, adding to the natural beauty and serenity of the area. Conveniently located with easy access to I-95, the property ensures effortless commutes. It's just a 30-minute drive to Wilmington and less than an hour from both Philadelphia and Baltimore. Whether you're seeking an investment opportunity, a vast expanse of land for outdoor activities, starting a farm, or building your dream home, this Elkton property is a perfect fit. Embrace the tranquility of nature and explore the potential for growth with this unique offering, now awaiting its new owner.
1. 3-bedroom, 2-bathroom home with a basement
2. 3-bedroom, 2-bathroom home
3. 3-bedroom, 1-bathroom home
At the heart of the estate is a tranquil pond, adding to the natural beauty and serenity of the area. Conveniently located with easy access to I-95, the property ensures effortless commutes. It's just a 30-minute drive to Wilmington and less than an hour from both Philadelphia and Baltimore. Whether you're seeking an investment opportunity, a vast expanse of land for outdoor activities, starting a farm, or building your dream home, this Elkton property is a perfect fit. Embrace the tranquility of nature and explore the potential for growth with this unique offering, now awaiting its new owner.
- Listed by Michael Terranova Jr. • Keller Williams Realty WilmingtonP: 3022996621 mike@theterranovateam.com
Property Details for 77 Mimosa Lane
Tax ID Number
0803030202
OwnershipFee Simple
Structure TypeDetached
StyleRanch/Rambler
WaterfrontNo
ViewsPond, Pasture, Scenic Vista, Trees/Woods, Water
GarageYes
SubdivisionNONE AVAILABLE
Location
LISTING UPDATED: 03/21/2024 03:25 PM
Property Details for 77 Mimosa Lane
Status | Active |
---|---|
MLS # | MDCC2012014 |
Days on Market | 60 |
Taxes | $6,597 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1978 |
Lot Size | 31.71 AC / 1,381,288 SF |
County | Cecil County |
Location
Virtual Tour
Building Information for 77 Mimosa Lane
Stories-Residences3Year Built1978Building Size-Lot Size31.71 AC / 1,381,288 SF
Payment Calculator
$9,265 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 77 Mimosa Lane
Property History for 77 Mimosa Lane
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 77 Mimosa Lane
Taxable ValueLand-Additions-Total-
Tax Record2023$6,597 ($550 / month)
Home Facts
Beds0Baths5.5Total Finished SqFt1,720 SqFtAbove Grade Finished SqFt1,720 SqFtStories1Lot Size1,381,288 SqFtStyleMiscellaneous ResidentialYear Built1978ZoningNARCountyCECILAPN03-030202Fireplace TypeHas Fireplace
Schools near 77 Mimosa Lane
This home is within Cecil County Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Leeds Elementary School PublicPK to 5 | ||
Cherry Hill Middle School Public6 to 8 | ||
North East High School Public9 to 12 | ||
Perryville Elementary School PublicPK to 5 |
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.