Newburg, MD 20664,16181 & 16213 CEDAR LN
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Newburg, MD 20664,16181 & 16213 CEDAR LN
Newburg, MD 20664,16181 & 16213 CEDAR LN
Newburg, MD 20664,16181 & 16213 CEDAR LN
Newburg, MD 20664,16181 & 16213 CEDAR LN

$1,000,000

Est. payment /mo

$1,250,000

20.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

16181 & 16213 CEDAR LN Newburg, MD 20664

8 Beds

4 Baths

4,493 SqFt

SOLD DATE : 11/30/2020

Key Details

Sold Price $1,000,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 4,493 sqft

Price per Sqft $222

Subdivision Rock Point

MLS Listing ID MDCH216254

Sold Date 11/30/20

Style Cape Cod,Bungalow,Cottage,Ranch/Rambler

Bedrooms 8

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 4,493

Originating Board BRIGHT

Year Built 1945

Annual Tax Amount $4,631

Tax Year 2020

Lot Size 2.947 Acres

Acres 2.95

Property Description

Welcome to the breathtaking Cedar Lane Estate. This property is teeming with potential, consisting of two lots being sold together and a total of three residential homes, all currently leased and producing income. 16181 Cedar Ln. is a 3 bedroom, 2 bathroom cape cod on one lot with a private pier/dock. This home features a detached 2 car garage, carport, large deck, large front porch, fenced back yard, large master suite, and plenty of updates throughout. On the other lot sits two waterfront cottages, one with 2 bedrooms & 1 bathroom, the other with 3 bedrooms & 1 bathroom. Both cottages have plenty of outdoor living space with incredible waterfront views. This lot also includes several sheds/outbuildings, beautiful mature trees, plush green lawns, and a commercial sized fishing dock! The land itself is really the star of the show at this estate. A rip rap seawall has been constructed to protect the property from erosion. Formerly the home of a local oyster house, this unique property of nearly 3 acres is abundant with wildlife, gorgeous vegetation, and some of the best water views around. A concrete block wall around the interior lot line provides privacy and seclusion. Enter this oasis though a grand wrought iron gate, custom made for this estate (gate is wired with electricity for lighting and gate operation, not currently in working order). All three homes operate on geothermal heat and A/C. Opportunity and potential for this property is endless. Build your dream home, add a couple additional rental homes, or both! The possibilities are truly limitless. This is an excellent and rare opportunity for an investor or someone who is dreaming of their own private paradise. Seller will finance the sale. Please bring all serious offers. *ABSOLUTELY NO TRESPASSING OR DRIVE-BY'S . SHOWN BY APPOINTMENT ONLY. THESE HOMES ARE TENANT OCCUPIED. PLEASE RESPECT THEIR SPACE AND PRIVACY.*

Location

State MD

County Charles

Zoning RV

Rooms

Main Level Bedrooms 8

Interior

Interior Features Breakfast Area, Bar, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Soaking Tub, Stall Shower

Hot Water Electric

Heating Heat Pump(s)

Cooling Geothermal, Central A/C

Flooring Tile/Brick, Ceramic Tile, Partially Carpeted

Fireplaces Number 1

Equipment Dishwasher, Dryer - Electric, Built-In Microwave, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater

Furnishings No

Fireplace Y

Appliance Dishwasher, Dryer - Electric, Built-In Microwave, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater

Heat Source Geo-thermal

Laundry Has Laundry

Exterior

Exterior Feature Deck(s), Balcony, Patio(s), Porch(es)

Parking Features Garage - Front Entry, Additional Storage Area

Garage Spaces 4.0

Fence Masonry/Stone, Partially, Privacy, Other

Waterfront Description Rip-Rap,Private Dock Site

Water Access Y

Water Access Desc Fishing Allowed,Private Access,Swimming Allowed,Boat - Powered,Canoe/Kayak,Personal Watercraft (PWC)

View Marina, Panoramic, River, Water

Roof Type Shingle

Accessibility No Stairs

Porch Deck(s), Balcony, Patio(s), Porch(es)

Total Parking Spaces 4

Garage Y

Building

Lot Description Cleared, Front Yard, Private, Rear Yard, Rip-Rapped, Secluded, SideYard(s), Trees/Wooded

Story 2

Foundation Block

Sewer Community Septic Tank, Private Septic Tank

Water Well

Architectural Style Cape Cod, Bungalow, Cottage, Ranch/Rambler

Level or Stories 2

Additional Building Above Grade, Below Grade

Structure Type Dry Wall,Paneled Walls,Beamed Ceilings

New Construction N

Schools

School District Charles County Public Schools

Others

Senior Community No

Tax ID 0905014514, 0905033284

Ownership Fee Simple

SqFt Source Estimated

Security Features Security Gate

Acceptable Financing Seller Financing, Cash, Conventional

Listing Terms Seller Financing, Cash, Conventional

Financing Seller Financing,Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Kate Nicole Ulma • Coastal Life Realty Group LLC
Bought with Deborah D Shapiro • TTR Sothebys International Realty

Meggie Carpenter

Advisor | License ID: 654291

+1(410) 303-9172

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