$975,000
$80K PRICE INCREASE

4938 Fairbank Rd Tilghman, MD 21671

Estimated payment $5,704/month

Total Views 8,071
4 Beds
3 Baths
2,850 Sq Ft
$342 Price per Sq Ft

Highlights

  • 145 Feet of Waterfront
  • Access to Tidal Water
  • Scenic Views
  • Private Dock Site
  • Fishing Allowed
  • Coastal Architecture

About This Home

Tucked away in the charming Fairbank community on Tilghman Island, this delightful waterfront home captures the very best of Eastern Shore living. Overlooking the serene waters of Blackwalnut Cove with approximately 3’ MLW, the property blends classic cottage character with thoughtful modern enhancements. The original portion of the home reflects its roots as a cozy summer cottage, complete with a charming screened porch perfect for enjoying warm breezes and waterfront views. A connected wing was elevated 10 feet and now features a spacious two-car garage on the main level, offering abundant storage for boats, kayaks, and gear. The rear wing provides exceptional versatility with a private studio apartment—currently a licensed B&B with its own entrance—ideal for guests, rental income, or multigenerational living. Inside the main home, a wood-burning fireplace invites you to curl up on cool days and evenings, while the screened porch becomes the heart of the home during warmer months. With 4 bedrooms and 3 baths, this property offers comfort, flexibility, and the relaxed coastal lifestyle that defines the Eastern Shore. Appointment-only showings. Do not enter the property without an appointment.

Listing Agent

Tracy Higgs-Wagner

(410) 745-8060 mre@goeaston.net Meredith Fine Properties Brokerage Phone: 4107458060 License #662529 Listed on: 07/01/2026

Meredith Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,889

Year Built

  • Built in 1968 | Remodeled in 2013

Lot Details

  • 39,552 Sq Ft Lot
  • 145 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,850 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Scenic Vista Views

Bedrooms and Bathrooms

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property Near A Cove
  • Private Dock Site
  • Powered Boats Permitted
  • Multiple Balconies
  • Screened Patio
  • Porch
  • Awning

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 2105184614

Community Details

Overview

  • No Home Owners Association
  • Fairbank Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,889

Year Built

Built in 1968 | Remodeled in 2013

Lot Details

0.91 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 7/1/2026 12:00:00 AM
  • Federal Flood Zone: Yes
  • Year Built: 1968
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood, Screen, Mantel(s), Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2850
  • Living Area Sq Ft: 2850
  • Price Per Sq Ft: 342.11
  • Above Grade Finished Sq Ft: 2850
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Frame, Block, Vinyl Siding
  • Exterior Features: Awning(s)
  • View: Scenic Vista
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Blackwalnut Cove
  • Water Body Type: Cove
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 145

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.91
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39552.00
  • Outdoor Living Structures: Balconies- Multiple, Screened, Porch(es)
  • Zoning: R
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4889.00
  • Assessor Parcel Number: 2105184614
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: TALBOT COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,797 $534,200 $223,600 $310,600
2024 $3,727 $513,700 $0 $0
2023 $3,518 $493,200 $0 $0
2022 $3,255 $472,700 $223,600 $249,100
2021 $3,080 $472,700 $223,600 $249,100
2020 $3,080 $472,700 $223,600 $249,100
2019 $3,106 $495,900 $250,800 $245,100
2018 $3,008 $495,900 $250,800 $245,100
2017 $2,869 $495,900 $0 $0
2016 $2,743 $525,100 $0 $0
2015 $2,442 $525,100 $0 $0
2014 $2,442 $525,100 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2026 07/01/26 For Sale $975,000 0.0% $342 / Sq Ft
06/17/2026 06/17/26 Price Changed $975,000 -- $342 / Sq Ft
Source: Bright MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $270,000 --
Deed $100,000 --
Source: Public Records

About the Listing Agent

Tracy Higgs-Wagner

Meredith Fine Properties

(667) 282-1801

Section Image

Growing up on the Sassafras River in Kent County, Maryland, Tracy developed a
lifelong love for the Chesapeake Bay and the land that surrounds it. From an
early age, she learned to navigate both power and sailboats, developing an
intimate understanding of the waterways that make the Eastern Shore so special.

Raised in a family deeply rooted in agriculture, Tracy experienced the best the
Eastern Shore has to offer — farming and life on the Bay. Before launching her
real

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Source: Bright MLS

MLS Number: MDTA2014140

Bright MLS

APN: 05-184614

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