43175 N Megan Ln, Leonardtown, MD 20650

$1,450,000

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List Price
$1,450,000
Days on Market
0
Status
ACTIVE
MLS#
MDSM2033644
Lot Size (Acres)
70.61
County
Saint Marys
School District
St. Mary's 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 cleared acres of historic, long-standing farmland, framed by mature woods and featuring a hay field and multiple 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 can 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 development rights. Straight development yields potential for 2 lots (one 5-acre and one 10-acre lot), while utilizing Transfer Development Rights (TDRs) opens 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 local agencies to verify development capabilities, zoning restrictions, perc retesting viability, and subdivision potential.**

Additional Information

Subdivision
X
Taxes
$1300
School District
St. Mary's County Public Schools
View
Pasture, Trees/Woods, Other
Water
Private, Well
Sewer
On Site Septic, Other

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Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty. Contact: 4103940990