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460 Old Telegraph Rd

62.5 Acres of Residential Land Offered at $2,900,000 in Warwick, MD 21912

Investment Highlights

  • Out of the way of traffic, 5 minutes from the New 301 highway by passing Middletown
  • Short of asphalting the road the development is finished including power, entrances, tree planning stoned and swalles in all but 600 feet

Executive Summary

Cecil County Property taxes are low. Entrances to site are both in, Choptank Electric lines and Transformers are run under ground, Martha way Road and Fulton has subbase and lots 1-9 have are ready to build on. Cecil County Landscaping is completed and released from bonding. Temporary Storm Water Pond approved in 2009. The design to complete Storm Water Pond is approved. Great development subdivision, 5 minutes to new 301 express way. Property abuts Delaware State line. 7 minutes to all the shopping ,3 grocery stores, Movie Theater, Lowes, Home Depot, Verizon Store, Super Wal-Mart, and 7 Restaurant's just to mention Westtown Shopping Center and Middletown. All the engineering completed with Record plan in Cecil County , Well and Septic locations approved, Verizon service, and electric service at each lot. one partly wooded lot various size lots from 1 to 4 acres and One Large lot 26 acre lot with White Pine buffer that stands 14 feet high. Storm water pond reduced to 80 % bond with completion required once 80 percent of lots are sold. Landscaping approved and beyond required Cecil County approval, no bond needed. Two entrances in .over $1,200,000 spend in developing and engineering expense. Only one 2.4 ac lot and 26.5 ac. on Old Telegraph Road and an one acre storm water pond. Open space is 23 acres of wooded open space. Propane Gas available Lots can be purchased as singles, groups or all lots . Prices start at $99.900. for first closed 1 AC. lot. With the new 301 Expressway you by pass the traffic in Middletown and can be at the Christiania area in 30 minutes with NO TRAFFIC LIGHTS. You can be in Annapolis is 50 minutes. You have 7 Marinas with in 20 minutes on Elk River, SasssafrasRiver, C&D Canal, or Bohemia River

Property Facts

Price $2,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 62.50 AC

1 Lot Available

Lot 2-3 , 5-12

Price $2,900,000
Price Per AC $46,400
Lot Size 62.50 AC

Property located in Cecil County. Property has been share cropped 46 acres for 9 years Property sub-divided & approved to build 17 res lots, Dec. 2008. Lots are 1 - 2.75 acres. Can be bought separate or 11 lots together for $2,600,000.

Description

One of the last sub developed Communities in Cecil county December 2008 of a Large lot sub-division of 17 lots. Two entrances on Old Telegraph Road. Lots 5 to 13 back up to the state line of Delaware. Landscaping approved and satisficed by Cecil County over 5 years ago. Storm Water pond built and approved by Cecil county over 5 years ago ,with reduced bond by 20% .Five minutes to New US Route 301 ,and major shopping area for Middletown. employment base of Johnson & Johnson, Amazon, Super Walmart 279 ,000 square feet , Westtown multiplex theater, Kohls, Marshals and much more . 700 acres across the road in conservation , No builder tie ends. Buy a single lot or multiple lots or the entire 16 lots . The large 26 acre 17 lot is sold separately.

zoning

Zoning Code Residential
Residential
  • Listing ID: 17868533

  • Date on Market: 12/4/2019

  • Last Updated:

  • Address: 460 Old Telegraph Rd, Warwick, MD 21912

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