28650 Old Quantico Rd Salisbury, MD 21801
North Salisbury NeighborhoodEstimated payment $2,292/month
Highlights
- 75 Feet of Waterfront
- 0.57 Acre Lot
- No HOA
- Lake View
- 1 Fireplace
- Hot Water Baseboard Heater
About This Home
**Prime Development Opportunity With Rare Waterfront Potential!**
These two parcels-28646 and 28650-totaling 1.15 acres, are in the final phase of annexation into the city of Salisbury. Once complete, you’ll gain access to public water and sewer along with zoning that allows up to 12 units per acre, opening the door to a wide range of possibilities. 28650 currently has a single family home with 28646 having two multifamily properties. Whether you envision a standout single-family residence with expansive grounds, a collection of premium townhomes, or high-demand multifamily buildings to capitalize on Salisbury’s strong rental market, this property offers the flexibility to bring your vision to life. Preliminary concepts for 12 townhomes have already been drafted, and additional layouts, plats, and plans are available upon request. With direct frontage on a tranquil lake, the site is ideally suited for a true waterfront community—perfect for creating desirable living spaces with natural views and outdoor amenities. The property is currently improved with 8 units and is professionally managed.
Listing Agent
(443) 454-1470 joshua.mast@homesourcepro.com HomeSource Pro Real Estate License #RB-0031372 Listed on: 12/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $996
Year Built
- Built in 1932
Lot Details
- 0.57 Acre Lot
- 75 Feet of Waterfront
- Home fronts navigable water
- Includes 28646 Old Quantico Rd
- Property is zoned AR
Home Design
- Frame Construction
Interior Spaces
- 6,048 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Lake Views
- Basement
- Crawl Space
Bedrooms and Bathrooms
Accessible Home Design
- Doors are 32 inches wide or more
Outdoor Features
- Water Access
- Property is near a lake
Schools
- Pemberton Elementary School
- Salisbury Middle School
- James M. Bennett High School
Utilities
- Hot Water Baseboard Heater
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 2309007245
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 | $1,033 | $108,000 | $0 | $0 |
| 2024 | $1,033 | $101,500 | $0 | $0 |
| 2023 | $999 | $95,000 | $35,100 | $59,900 |
| 2022 | $994 | $91,667 | $0 | $0 |
| 2021 | $963 | $88,333 | $0 | $0 |
| 2020 | $937 | $85,000 | $35,100 | $49,900 |
| 2019 | $890 | $85,000 | $35,100 | $49,900 |
| 2018 | $954 | $85,000 | $35,100 | $49,900 |
| 2017 | $1,000 | $90,100 | $0 | $0 |
| 2016 | $997 | $89,233 | $0 | $0 |
| 2015 | $997 | $88,367 | $0 | $0 |
| 2014 | $997 | $87,500 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/24/2025 12/24/25 | Price Changed | $424,900 | -5.6% | $70 / Sq Ft | |
| 12/12/2025 12/12/25 | For Sale | $450,000 | +31.6% | $74 / Sq Ft | |
| 10/19/2022 10/19/22 | For Sale | $341,862 | 0.0% | $276 / Sq Ft | |
| 07/08/2022 07/08/22 | Sold | $341,862 | -- | $276 / Sq Ft | View Prior Sale |
| 05/10/2022 05/10/22 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $341,862 | Lakeside Title Company | |
| Deed | $341,862 | Lakeside Title Company | |
| Deed | $225,000 | Mid Atlantic T&E Co Inc | |
| Deed | $410,000 | None Available | |
| Deed | $535,000 | None Available | |
| Deed | $64,600 | -- | |
| Deed | $64,600 | -- | |
| Deed | $425,000 | -- | |
| Deed | $425,000 | -- | |
| Deed | $220,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $425,000 | New Conventional | |
| Closed | $425,000 | New Conventional | |
| Previous Owner | $425,000 | Construction | |
| Previous Owner | $867,474 | Construction | |
| Closed | -- | No Value Available |
Source: Bright MLS
MLS Number: MDWC2020928
APN: 09-007245
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