820, 824 & 828 Shad Point Road Fruitland, MD 21826

$395,900
10
Beds
5.5
Baths
3.74
Acres
1,290
SQFT
307
$/SQFT
$395,900
10
Beds
5.5
Baths
1,290   sf
$307 / sf
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Rare opportunity to purchase three adjoining properties being sold together at 820, 824, and 828 Shad Point, offering strong value-add potential through renovation, redevelopment, or long-term hold. 820 Shad Point features 3 bedrooms and 2.5 baths but requires some updates; a new heat pump was installed approximately one year ago, providing efficient heating and cooling. 824 Shad Point sustained fire damage and will require substantial repair or possible removal; prior to the fire, the home offered up to 5 bedrooms and 2 bathrooms, presenting significant redevelopment potential. 828 Shad Point includes 2 bedrooms and 1 bathroom and is currently tenant-occupied, providing immediate rental income. The combined parcels offer exceptional land value (3.737 acres) with potential for subdivision or redevelopment, subject to zoning and municipal approvals. Ideal opportunity for investors, builders, or developers seeking scale in a desirable location. Sold as a package only. Buyers to verify zoning, subdivision potential, and future use.

Rare opportunity to purchase three adjoining properties being sold together at 820, 824, and 828 Shad Point, offering strong value-add potential through renovation, redevelopment, or long-term hold. 820 Shad Point features 3 bedrooms and 2.5 baths but requires some updates; a new heat pump was installed approximately one year ago, providing efficient heating and cooling. 824 Shad Point sustained fire damage and will require substantial repair or possible removal; prior to the fire, the home offered up to 5 bedrooms and 2 bathrooms, presenting significant redevelopment potential. 828 Shad Point includes 2 bedrooms and 1 bathroom and is currently tenant-occupied, providing immediate rental income. The combined parcels offer exceptional land value (3.737 acres) with potential for subdivision or redevelopment, subject to zoning and municipal approvals. Ideal opportunity for investors, builders, or developers seeking scale in a desirable location. Sold as a package only. Buyers to verify zoning, subdivision potential, and future use.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Wicomico
  • Area
    Wicomico Southwest
  • Tax Amount
    $1,151
  • Status
    Active
  • Listing #
    MDWC2021180
  • Built
    1935
  • Lot Size
    3.74
  • Listed on site
    165 days
  • Listing Agent Id
    300359849485

Listed by:
Keller Williams Realty Delmarva

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
  • Main Floor Bedroom

Property History

DateDays AgoEventNew Price
Jun 8, 202616 days agoPrice decreased19,100 (5%)$395,900
Apr 2, 20263 mos agoPrice decreased135,000 (25%)$415,000
Jan 9, 20266 mos agoNew on market$550,000
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