ENLARGE

8847 Stephen Decatur Hwy
Ocean City, MD 21842

For Sale $2,600,000
  • Residential Land
  • MLS# MDWO2018086

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Ed Balcerzak

Maryland License # 507444

Ocean City West

(443) 497-4746

More property info for 8847 Stephen Decatur Hwy

Property Description
  • 29.47 ACRES, Prime Location for future development, many possible uses under the current A-2 Zoning, approximately 745 Feet of road footage on Route 611. Several Conceptual plans have been designed for this site. A preliminary design is available for a Campground / RV Park with a 128 Sites, comprised of 42 Pull Thru RV Sites, 54 Back-in RV Sites, and 32 Park Models, which would require approximately 44 EDUs allocation and approval from Worcester County Planning and Zoning. Currently there is one approved Perk site on the property. Other possible uses would include Boat and RV Storage buildings ( no EDUs required ), Contractor Shops, Wineries / Brewery, Agritainment facilities, Veterinary Clinics, Commercial Dog Kennels, Residential Subdivision, and many more possibilities, see the Survey and Zoning code in the Document Section. This Property is mostly cleared and has been farmed for the past 30 plus years, it is located a few miles south of the West Ocean City Hub of fine Restaurants and Sunset Marina. Additionally, the Ocean City Airport and Assateague Island are close by for your convenience. Property has been fully surveyed and a wetland Delineation has been completed, showing mostly uplands. All Potential uses should be verified through the Worcester County Planning and Zoning Offices. No Conservation easements exist on the property. This property is a great opportunity in highly desirable location.
Exterior Details
  • Lot Features: Cleared
  • Lot Size Acres: 29.48
  • Lot SQFT: 1284148.80
  • Navigable Water YN: No
Community Information
  • County: WORCESTER
  • HOA YN: No
  • MLS Area: West Ocean City (85)
  • Zoning: A-2
School Details
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
Property Information From MLS Data
  • DOM: 33
  • Property Sub Type: Land
  • Vacation Rental YN: No
Financial Information
  • Sale Type: Standard
Utilities
  • Sewer Septic: Site Evaluation on File
  • Water Source: Well
Listing Office
  • List Agent Full Name: Anthony E Balcerzak Jr.
  • List Office Name: Berkshire Hathaway HomeServices PenFed Realty-WOC
  • List Office Phone: 4105202600

8847 Stephen Decatur Hwy Map Location

8847 Stephen Decatur Hwy, Ocean City, MD 21842

Monthly Payment for 8847 Stephen Decatur Hwy

This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Loan Type: 30 year fixed at 7.00%
Price: $2,600,000
Down Payment: - $520,000 (20%)
Loan Amount: = $2,080,000
Principal & Interest: +
Property Taxes: + (1.5%)
Homeowner's Insurance: +
Mortgage Insurance - PMI: +
Total Payment: =
20%
Down Payment
7.00%
Rate




Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty-WOC

Information obtained from Bright MLS is current as of 4/28/2024 7:36 PM.

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