43175 N Megan Lane, Leonardtown, MD 20650

$1,450,000
  • 43175 N Megan Lane, Leonardtown, MD 20650 Main Photo

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New to the Market
LOT SIZE 70.610 acres MLS#MDSM2033644
STATUSACTIVE PROPERTY TYPELand - Farm SUBDIVISIONX SCHOOLST MARYS COUNTY PUBLIC SCHOOLS

Property Description

Discover 89± acres of prime real estate offering unparalleled privacy just minutes from Leonardtown, California, Solomons Island, and Naval Air Station Patuxent River. Zoned RPD (Rural Preservation District) with agricultural use, this expansive TWO-PARCEL listing presents many possibilities. Rebuild on an existing foundation overlooking scenic rolling fields, design a custom private estate, establish a multi-generational family compound, create a hunting lodge, or leverage the land's significant subdivision and development potential. 43175 N. Megan Lane (70± Acres) Land: Features 40+/- mostly cleared acres of historic, long-standing farmland, framed by mature woods and featuring an old hay field and multiple old pasture areas. Infrastructure: Equipped with existing well, septic, and electric hookups. Structures include multiple outbuildings (stable, corn crib, and sheds) and an unsafe, damaged all-brick home with a guest suite (Strictly DO NOT Enter). Development: Three successful perc tests were completed in April 2021. With further testing, this parcel could potentially be subdivided into a maximum of 7 lots (e.g., seven 10-acre parcels). 43099 Fairgrounds Road (18± Acres) Land: Provides a buffer of absolute privacy and excellent potential for future direct access off Fairgrounds Road. Development: Holds valuable potential development rights. Straight development yields the potential for 2 lots (one 5-acre and one 10-acre lot), while utilizing Transfer Development Rights (TDRs) opens the potential for six 3+ acre lots. Note: This parcel failed an April 2021 perc test; potential for retesting in alternate locations is UNKOWN. Turnkey Infrastructure: Save on initial development costs with an existing foundation, well, septic system, and electrical connections already on site. Flexible Access: Current access is provided via N. Megan Lane, with future direct access potential from Fairgrounds Road. Rich History: St. Mary’s County 1938 GIS Maps verify the land’s deep roots as a working farm. This unique offering brings together significant acreage and exceptional potential in a highly desirable location. Call today! **BUYER NOTICE: All buyers must perform their own independent due diligence and contact all relevant agencies to verify any and all information regarding development capabilities, zoning restrictions, perc retesting viability, and subdivision potential. **

43175 N Megan Lane | MLS# MDSM2033644

This land located at 43175 N Megan Lane, Leonardtown, MD 20650 is currently listed for sale with an asking price of $1,450,000. The property has approximately 70.61 Acres. N Megan Lane is located within the ST MARYS COUNTY PUBLIC SCHOOLS school district. Search Leonardtown real estate on www.burnellzeiset.team today.

Property Features

Property Type: Land - Farm
Lot Size: 70.61 Acres
Taxes: $1,300

Feature Descriptions

Lot: Backs to Trees, Irregular, Partly Wooded, Private, Sloping, Trees/Wooded, Additional Lot(s), Cleared
Lot Dimensions: 70.61 Acre(S)
Sewer: On Site Septic, Other
Special View Info: Pasture, Trees/Woods, Other
Water: Private, Well
Wooded: Yes

Local Schools

School District: ST MARYS COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices PenFed Realty
Agency Phone: 4103940990

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Estimated Payment

$ 3,758.32 per month $3,227.07 Principal & Interest $108.33 Property Tax $422.92 Homeowner's Insurance

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