28650 Old Quantico Road Salisbury, MD 21801

$389,900
10
Beds
7
Baths
0.57
Acres
6,048
SQFT
64
$/SQFT
$389,900
10
Beds
7
Baths
6,048   sf
$64 / sf
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active
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**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.

**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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Wicomico
  • Area
    Wicomico Northeast
  • Tax Amount
    $996
  • Status
    Active
  • Listing #
    MDWC2020928
  • Built
    1932
  • Lot Size
    0.57
  • Listed on site
    173 days
  • Listing Agent Id
    300256271845

Listed by:
HomeSource Pro Real Estate

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Waterfront

  • Water Access
  • Water front

View

  • Lake view

Exterior features

  • No Pool
  • Basement

Interior Features

  • Fire Place
  • Main Floor Bedroom

Property History

DateDays AgoEventNew Price
Apr 14, 20262 mos agoPrice decreased10,000 (3%)$389,900
Feb 3, 20264 mos agoPrice decreased25,000 (6%)$399,900
Dec 24, 20255 mos agoPrice decreased25,100 (6%)$424,900
Dec 12, 20256 mos agoNew on market$450,000
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