1501 Tank Road, Finksburg, MD 21048

$1,399,999
5
BD
6
BA
4,240
SqFt
List Price
$1,399,999
Days on Market
6
Status
ACTIVE
MLS#
MDCR188500
Bedrooms
5
Bathrooms
6
Full Baths
5
Half Baths
1
Total SQFT
4240
Lot Size (Acres)
120.21
Style
Colonial, Converted Barn
Year Built
1993
County
Carroll
Subdivision
Finksburg
School District
Carroll County Public Schools

Property Description

VERY UNIQUE BUYING OPPORTUNITY. This private 120 acre property (10 minutes from 695) in the heart of Finksburg, features scenic rolling pastures, acres of mature trees, and a gorgeous stream (Deep Run) running throughout ... Property offers a stylish 4 bedroom main house with a connecting (completely renovated) 2 bedroom farmhouse. The farm house is in the process of getting a brand new kitchen and new flooring throughout. Property also has a large detached barn/conference center, with stalls for horses/animals. THERE ARE TWO VERY UNIQUE BUYING OPPORTUNITIES HERE: The first is there are 5 PERC'd building lots that have been approved for 4 or 5 bedrooms each, on the far side of the property. This is a great location for a new subdivision, with 100's of feet of direct N Emory Road frontage. These VERY SELLABLE lots could be developed and sold for as much as $175k each or more. The second opportunity is for Buyers to place the property into the AG Preservation's Royal Legacy Program. Buyer's could be eligible to receive as much as $4950 p/acre, or $600,000 for putting the property into the AG Preservation program (a promise not to develop the property). Either opportunity allows Buyers to offset the net cost of purchasing this private 120 acre estate. View a drone flyover of the property on YouTube (search address). BUYERS TO CONFIRM ALL DEVELOPMENT AND/OR LAND PRESERVATION OPPORTUNITIES DIRECTLY WITH THE CARROLL COUNTY GOVERNMENT OFFICES

Additional Information

Subdivision
Finksburg
Taxes
$5917
Stories
3
Interior Features
Breakfast Area, CeilngFan(s), Dining Area, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Table Space, Master Bath(s), Pantry, Walk-in Closet(s)
School District
Carroll County Public Schools
Fireplaces
1
Heating
Forced Air
Heating Fuel
Oil
Cooling
Central A/C, Ceiling Fan(s)
Water
Well
Sewer
Private/Community Septic Tank

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Residential Brokerage.