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Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $318
Subdivision Chester River Landing
MLS Listing ID MDKE2002032
Sold Date 01/20/23
Originating Board BRIGHT
Year Built 2015
Annual Tax Amount $7,319
Tax Year 2022
Lot Size 0.983 Acres
Acres 0.98
Property Description
FORECLOSURE AUCTION – November 4, 2022 @ Noon ***The List Price is for MLS purposes only. Bid your own price at the foreclosure auction. *** New construction opportunity for an experienced builder to take over completion of an exceptional waterfront community along the Chester River in Chestertown, Maryland. Chester River Landing is a beautiful, upscale subdivision with several existing single-family homes, villa-style townhomes, and a condominium building off Quaker Neck Rd along the western shore of the Chester River in Kent County. Already-completed amenities include community swimming pool, walkways, crabbing beach, waterfront grill area and many more, all perfectly designed for waterfront living. Being offered as a lot and individually, RealMarkets, on behalf of the Substitute Trustees, will offer at foreclosure auction (a) sixteen unimproved vacant lots (Lots 1, 7, 11, 12, 13, 18, 19, 20, 25, 31, 35, 36, 37, 40, 41, and 42), (b) two garage lots, one improved and one unimproved and vacant (adjacent to Lot 1 and Lot 18), (c) one improved lot (Lot 38, address 103 Landing Lane, Chestertown, MD), also ideal for model home or construction command center, and (d) three deep-water marina slips with electric and water hookups (D-4, D-5, and D-7) with opportunity for additional slips Please refer to the community drawing for specific lot numbers and locations. Chester River Landing is a peaceful, sought-after destination with a relaxed Eastern Shore atmosphere. The community offers residents popular amenities including a swimming pool, a deep water marina, a fishing and crabbing pier, a private beach with launch for canoes and kayaks, a rain garden/pond with water fountain, and lush landscaping. There are crushed-shell walking paths along the waterfront to reach the pier and the marina, as well as brick seating areas spread throughout and several areas for visitor parking. Residents and their guests can enjoy built-in BBQ grills and wooden picnic tables at the swimming pool and at Marina Park, a small island for relaxation and conversation on the way to the marina. Chester River Landing is just minutes from the historic charm of Chestertown with quaint taverns, gift shops, and small businesses. There are farmer’s markets and festivals in and around town, including concerts in Fountain Park. Downrigging Weekend is one of the largest annual tall ship displays on the east coast and draws visitors and tourists from all over. The area is about a 45-minute drive from Annapolis and a little further to reach Baltimore, Philadelphia, and Washington DC. Property Tours: Please plan on attending one of the scheduled open house dates to tour the property. If you tour the property at any other time, please be respectful of the residents. Terms of Sale: This auction is being conducted pursuant to the terms of the Substitute Trustees’ Sale & Secured Creditor’s Sale Notice. Additional property is available after signing the Confidentiality Agreement. Please contact RealMarkets details. The auctioneer is offering a 2.5% cooperating brokerage commission to brokers that register their buyer(s) in accordance with the auctioneer’s broker registration guidelines. This auction is being conducted by RealMarkets in cooperation with CENTURY 21 Commercial New Millennium.
Location
State MD
County Kent
Zoning IM
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Utilities Available Electric Available
Water Access Y
Water Access Desc Boat - Powered,Canoe/Kayak,Fishing Allowed,Public Access,Sail
View Marina, River, Water
Accessibility None
Garage N
Building
Lot Description Additional Lot(s), Backs - Open Common Area, Backs to Trees, Cleared, Landscaping, Level, No Thru Street
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Call School Board
Middle Schools Call School Board
High Schools Kent
School District Kent County Public Schools
Others
Tax ID 1507338664
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Auction, In Foreclosure
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Bought with Kaitlyn Cole Collins • Benson & Mangold, LLC