$1,799,000
SOLD DEC 3, 2025

2 Preakness Place Warwick, MD 21912

5 Beds
3.5 Baths
7,452 Sq Ft
57.81 Acres

Recently Sold

$241 Per Sq Ft

5% Below List Price

9 Days on Market

Highlights

  • Private Pool
  • Cape Cod Architecture
  • Great Room
  • 57.81 Acre Lot
  • Sun or Florida Room
  • No HOA

About This Home

As of December 2025

Deepwell Farm is a gorgeous 57+/- acre working horse farm near the waterfront Maryland village of Chesapeake City. Just 15 minutes to Interstate 95, convenient to Baltimore, Philadelphia and their suburbs. The farm is currently laid out as boarding, training, breeding, and Hunter/Jumper show facility, but suitable for numerous other disciplines. The horse facilities include 30 stalls in several different barns, one being a beautiful center isle training barn with a covered 6 horse Eurociser and nearby 100 x 200 indoor arena. Additional 150 x 350 outdoor arena, extensive pastures and paddocks with 15 run-in sheds, riding trails about the farm and through the woods. The property has 3 income producing efficiency apartments, convenient for staff housing. Additionally, the farm features a well-designed, constructed, maintained 2 story brick home with awesome panoramic views over the farm and landscaped grounds. The home features 5 bedrooms, 3.5 bathrooms, spacious living areas, 4 fireplaces, generous four-seasons room, pool house and numerous architectural details found throughout. The rooms are of generous size, height, and enhanced by large windows beaming with natural light. The inground swimming pool, with extensive entertaining features further compliment the property. This is truly a must-see property for the most discerning buyers seeking country living at it's finest.

Last Agent to Sell the Property

A. John Price

(410) 885-1606 amber@psre.net Patterson-Schwartz Real Estate License #RSR002189 Listed on: 09/15/2025

Last Buyer's Agent

Kelli Stansfield

(410) 398-9000 exitbill@gmail.com EXIT Preferred Realty License #665706

EXIT Preferred Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,849

Year Built

  • Built in 1991

Lot Details

  • 57.81 Acre Lot
  • Property is zoned AG

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Great Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Private Pool
  • Horse Farm

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0802036665

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,849

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Sun/Florida Room, Great Room, Laundry, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 8502
  • Living Area Sq Ft: 7452
  • Price Per Sq Ft: 279.92
  • Above Grade Finished Sq Ft: 6752
  • Below Grade Finished Sq Ft: 700
  • Below Grade Sq Ft: 1050
  • Total Below Grade Sq Ft: 1750
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Crops Included: No
  • Farm Land Area Units: Acres
  • Farm Operation: Horse
  • Land Lease: No
  • Lot Size Acres: 57.81
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2518204.00
  • Zoning: AG
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 14849.00
  • Assessor Parcel Number: 0802036665
  • Tax Year: 2025

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2025
Closed on
Dec 3, 2025
Sold by
Deepwell Farm Llc
Bought by
Ness Jamie John and Ness Mandy Ann
Seller's Agent
A. John Price
Patterson-Schwartz Real Estate
Buyer's Agent
Kelli Stansfield
EXIT Preferred Realty
List Price
$1,899,000
Sold Price
$1,799,000
Premium/Discount to List
-$100,000
-5.27%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.51%

Purchase Details

Closed on
Feb 16, 2018
Sold by
Soukup Eileen P
Bought by
Deepwell Farm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2008
Sold by
Doreil Llc
Bought by
Johnson Doris

Purchase Details

Closed on
Jul 11, 2008
Sold by
Doreil Llc
Bought by
Johnson Doris

Purchase Details

Closed on
Dec 23, 2005
Sold by
Rettig Richard M and Rettig Virginia E
Bought by
Doreil Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2005
Sold by
Rettig Richard M
Bought by
Doreil Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 1990
Sold by
Windfields Farm Md Inc
Bought by
Rettig Richard M and Rettig Virginia E
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Deed $1,799,000 Stewart Title Guaranty Company
Deed -- None Available
Deed -- None Available
Deed -- --
Deed -- --
Deed $1,970,000 --
Deed $1,970,000 None Available
Deed $625,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $379,000 New Conventional
Previous Owner $379,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 Sold $1,799,000 -4.8% $241 / Sq Ft
10/13/2025 10/13/25 Price Changed $1,890,000 -0.5% $254 / Sq Ft
09/24/2025 09/24/25 Pending -- -- --
09/15/2025 09/15/25 For Sale $1,899,000 -- $255 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,201 $1,446,567 $0 $0
2024 $14,003 $1,351,300 $173,700 $1,177,600
2023 $12,469 $1,290,567 $0 $0
2022 $13,731 $1,229,833 $0 $0
2021 $13,455 $1,169,100 $173,700 $995,400
2020 $12,542 $1,082,200 $0 $0
2019 $11,480 $995,300 $0 $0
2018 $10,537 $908,400 $167,300 $741,100
2017 $10,083 $908,400 $0 $0
2016 $10,145 $908,400 $0 $0
2015 $10,145 $914,600 $0 $0
2014 $10,408 $914,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2019044

Bright MLS

APN: 02-036665