2 Preakness Place Warwick, MD 21912
Estimated payment $11,189/month
Highlights
- Private Pool
- Cape Cod Architecture
- Great Room
- 57.81 Acre Lot
- Sun or Florida Room
- No HOA
About This Home
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.
Listing Agent
(302) 378-1979 ajohnprice100@gmail.com Patterson-Schwartz Real Estate License #RSR002189 Listed on: 09/15/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $1,970,000 | -- | |
| Deed | $1,970,000 | None Available | |
| Deed | $625,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | Purchase Money Mortgage | |
| Previous Owner | $379,000 | New Conventional | |
| Previous Owner | $379,000 | New Conventional |
Source: Bright MLS
MLS Number: MDCC2019044
APN: 02-036665
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