Lexington Park, MD Multifamily Home for Sale

Spotting Lexington Park on a map, it is hard to miss the Patuxent River Naval Air Station next door. In 1943, eminent domain transformed a collecton of local tobacco farms and fishing communities into a major military base that today employs 25,000 people, accounts for most of the economy in St. Mary’s County, and supplies billions of dollars to the Maryland economy. The name “Lexington Park” comes from the USS Lexington aircraft carrier lost during World War II. “Buyers are attracted to Lexington Park for its proximity to the navy base,” says Jimmy Hayden with Re/Max Realty Group. Hayden has lived in the area his whole life, serves as the chairman of St. Mary’s County Chamber of Commerce, and has been a local Realtor since 2007. “Most businesses, government entities and developments are around the base, which affects almost everything.” With highly-rated schools, a wide range of homes, several shopping and recreation areas, and more on the way, Lexington Park is also a community that promises quality suburban living. The median home price in Lexington Park is $355,000, over 30% lower than the national median. The community is relatively new compared to other parts of Maryland;