31.7 Acres of Agricultural Land for Sale in Elkton, Maryland

77 Mimosa Ln, Elkton, MD 21921

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$1,597,000
31.71 acres
Active sale$103k dropEst $15,529/mo

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.

Property details

Coordinates
39.649, -75.9161
School District
Cecil County Public Schools
Elevation
295 feet
MLS Number
TREND MDCC2011226
Date Listed

Parcels

  • 0803030202

Property taxes

Year not provided
$6,597

This 31.71-acre property is located at 77 Mimosa Ln in Elkton, MD 21921 with latitude 39.649 and longitude -75.9161. The property is currently available for sale for $1,597,000 with a price per acre of $50,363. Listing data is sourced from Bright MLS # MDCC2011226.

Verify sale details at the property source or contact Keller Williams Realty Wilmington at (302) 299-1100.

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Listing checked and updated . Parcel data by Regrid.

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