0 Follow Ditch Road Princess Anne, MD $ 2,488,500
0 Follow Ditch Road
$ 2,488,500
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0 Follow Ditch Road

Princess Anne, MD, 21853
$ 2,488,500
Baths0.0

Monthly Estimate*

$ 16,539

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Studio

Lots and Land for sale in Princess Anne, MD

for $2,488,500. The lot size is 711.05.

This 711 timberland complex stands within several thousand contiguous acres of state owned forestland in Somerset County. The tract is located to the South of Wellington WMA and to the North of the Chesapeake Forest Wells Timberland Complex. This region of the Eastern Shore is well known for the high population of Whitetails and Eastern Wild Turkey. The tract offers the wildlife manager an array of management opportunities for improving the existing habitat as well as creating long term economic returns from the land. The property has been recently surveyed by consulting hired by the owner to monetize the natural resources of the property for income. The timber age class summary indicates there is some immediate merchantable timber as well as possible eligibility for certain conservation programs at the state and federal level. A hunting lease yields yearly income as well. Together these income streams can create a value stack of income streams to make this a quality land investment. The property is currently free and clear of any conservation programs restricting it's current or future use. The land use zoning is currently agricultural. Timber data is available upon request.

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Lots and Land Active

Price

$ 2,488,500

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,482

Style

Recreation,Investment,Hunting,Timber,Vacant

Lot Size

711.05

Town/City

Princess Anne

County/Region

Somerset

MLS | Web ID

MDSO2002900

Features
General
Sewer No Septic System No Sewer System
Possession Immediate
Zoning A
Property SubType Land
Tax Year 2022
Current Use Recreation Investment Hunting Timber Vacant
Percent Ownership Fee Simple
County SOMERSET
Property Type Land
HOA / Comm Assn N
Water Access Y/N N
Status ACTIVE
Directions From Rt. 13 South Turn left on Costen Road. The turn left on Follow Ditch Road. The property will be on you left in 1.5 miles.
City PRINCESS ANNE
Buyer Agent Compensation 3
MLS Area Somerset East of Rt-13 (20-02)
Lot Size Square Feet 30973338.00
Waterfront Y/N N
Street Name FOLLOW DITCH ROAD
Tax Annual Amount 1482.0
Price Per Sq Ft 0.08
Additional Parcels Y/N N
Vacation Rental Y/N N
Days on Market 429
Standard Status Active
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source None
Water View Y/N N
Lot Size Acres 711.05
Lot Size Units Square Feet
Lot Size Source Estimated
Horse Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 0
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* Excluded Features
List By
The Land Group

Broker

ben@thelandgroup.us

Email

Affordability Calculator

$16,663
Per Month
99%
1%
0%
Monthly Principal & Interest
$16,539
Monthly Property Taxes
$124
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533478 Elementary School
3533418 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/27/2023$2,488,500 Listed Price

Map


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0 Follow Ditch Road, Princess Anne, MD, 21853 is a Lots and Land for sale at $2,488,500 with a lot size of 711.05. 0 Follow Ditch Road is a studio with 0.0 baths. The property's zip code is 21853 which is in Princess Anne, MD