Property
Beds
10
Full Baths
7
1/2 Baths
None
Year Built
1932
Sq.Footage
6,048
**Prime Development Opportunity With Rare Waterfront Potential!** These two parcels-28646 and 28650-totaling 1.15 acres, consist of 8 units and are in the final phase of annexation into the city of Salisbury. Once complete, you’ll gain access to public water and sewer along with zoning that allows up to 12 units per acre, opening the door to a wide range of possibilities. 28650 currently has a single family home with 28646 having two multifamily properties. Please note, not all units are currently rented or rentable. Whether you envision a standout single-family residence with expansive grounds, a collection of premium townhomes, or high-demand multifamily buildings to capitalize on Salisbury’s strong rental market, this property offers the flexibility to bring your vision to life. Preliminary concepts for 12 townhomes have already been drafted, and additional layouts, plats, and plans are available upon request. With direct frontage on a tranquil lake, the site is ideally suited for a true waterfront community—perfect for creating desirable living spaces with natural views and outdoor amenities. The property is currently improved with 8 units and is professionally managed.
Features & Amenities
Interior
-
Total Bedrooms
10
-
Bathrooms
7
-
Above Grade Finished Area
6048.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Other, Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Electric, Baseboard
-
Main Level Bedrooms
7
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Other
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
YES
-
View
Water, Lake
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
0.57
-
Property Type
Residential
-
Architectural Style
Other
Price
-
Sales Price
$399,900
-
Tax Amount
996.0
-
Sq. Footage
6, 048
-
Price/SqFt
$66
HOA
-
Association
No
School District
-
Elementary School
PEMBERTON
-
Middle School
SALISBURY
-
High School
JAMES M. BENNETT
Property Features
-
Accessibility Features
Accessible Doors
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
1
-
Water Source
Private
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Location
County
WICOMICO
Elementary School
PEMBERTON
Middle School
SALISBURY
High School
JAMES M. BENNETT
Listing Courtesy of Joshua Mast , HomeSource Pro Real Estate
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