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Waterfront Buildable Lot Discounted

O Pine Grove Road : Newburg, MD 20664

Charles County, Maryland

0.29 Acre
$50,000 USD $44,377
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Lot Description

Own Your OWN piece of the island, next to other homes priced over $780,000. This is an investment opportunity of a life time.

Would you like to build a waterfront custom home? Look no further as this lot is priced to allow plenty of room in your budget to build you own private dream home on the edge of the earth. Located at the end of the island, you'll have all the stunning views of Neale Sound and the Potomac that you can stand. Build your own private dock for boating, waterskiing, wakeboarding, kayaking, fishing and invite family and guests for life time memories. Seller Financing Guaranteed. Previous home and dock demolished for you to construct what's just right for you. This is a Steal.

This discounted single family residential lot is at the mouth of the Potomac River. Be prepared for some of the most spectacular sunsets of your lifetime.

Land Information:

Address: O Pine Grove Road

Electricity: On the road

Land Description: Water on 3 sides

Waterfront features: Previous dock removed. New dock can be built.

Waterbody name: Neale Sound & Potomac River

Water View: Yes

Sewer information: Public Sewer

Well: Needed

Wetland: Yes, but NOT Tidal Wetland.

Buildable: Yes, falling under the Mde's Non-tidal Wetland Division. "Construction is possible with a detailed proposal for review". General questions can be directed to reviewer. This lot falls within a "critical area" and construction will have to meet "Critical Area regulations regulated by the Maryland Critical Area Commission with specific plans" Questions can be directed to the Charles County Dept. of Planning and Growth Management Critical Area reviewer.

Floodplain: Located within a floodplain. Structure requires a min of 1 ft above the 100 year floodplain level, but proposed 3 ft for best flood insurance price.

Pier: May be constructed but would require a Tidal Wetland Review Division. One pier per property is allowed.

Shoreline protection: Each property owner has the right to protect their existing property from erosion with an approved method of shoreline protection suitable by the property.

Cash Price: $44,3777, $20K down.

Seller Financing:

Down payment within 5 business days $12,000 + $14,000 in 30 days

Payment schedules:

$28k down over 5 years $372.54 + $45 processing fee.

$28k down over 4 years $439.27 + $45 processing fee.

$28K down over 3 years $551.73 + $45 processing fee.

There is a one time doc processing fee of $500 on purchase.

Lot Maps

Directions to Lot

Head south on US-301 S

0.3 mi

Turn left onto MD-257 E

9.7 mi

Turn right onto MD-254 S

0.5 mi

Turn right onto Pine Grove Rd

0.1 mi

13084 Pine Grove Rd

Newburg, MD 20664

More Lot Details

Owner Will Finance
Residential Zoning
Wetland Terrain
Paved Road Access
Estimated Annual Taxes
$348
LOTFLIP ID
295075
Assessor Parcel Number (APN)
05-026008
Posted on LOTFLIP
42 Days Ago
Last Updated
12 Days Ago
Views
797
Saves
4

Lot Price History

11/22/21
$50,000
$5,623
12.7%
Lot features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by LOTFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the seller directly regarding this listing.