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$2,950,000

Beds
3
Baths
1.5
sq ft
1,628

912 Gravelly Run Rd, Mc Henry, MD 21541

912 Gravelly Run Rd

MC HENRY, MD 21541

  • 622 days on market
    • Price drop $625,000↓
This exceptional 206-acre property in McHenry is back on the market and fully available. Previously under an LOI with a builder, it presents a unique opportunity for development, farming, equestrian activities, or a second home. Located at the end of Gravelly Run Road, this stunning property features rolling hills, beautiful vistas, and lush trees, offering unparalleled peace and serenity. With county approvals, 34 acres are developed, and 171 acres are primed for further development, including public water and sewer. The planned residential development includes 219 units, 33 of which are approved, making it an incredible investment opportunity. The property includes a charming farmhouse from 1890 and a classic Big Red Barn, perfect for gatherings, adding unique character and timeless charm. Imagine the possibilities of owning a property where history meets future potential. Enjoy a serene, picturesque community with easy access to amenities in Deep Creek. Whether you envision a residential community, a working farm, equestrian interests, or a luxurious second home, this property offers unmatched flexibility to realize your dreams. Contact us today to explore this exceptional opportunity and secure a piece of McHenry’s finest landscape.

Details

Property type

Single Family Residence

Est. home value

$1,215,105

Lot size

178.11 acres

Price per sq ft

$1,813

Year built

1890

Annual property taxes

$4,382

HOA

No

Price History

06/10/2024
Bright

Bright #MDGA2003328

Price change
$2,950,000
-17.48%
01/06/2023
Bright

Bright #MDGA2003328

Listed
$3,575,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

GARRETT COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Sandy Spring Bank

Loan start date

September 2006

Original loan amount

$87,920

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Not Provided, 30 year

Seller

Robert W Day and Audrey L Day

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/18/2024 at 10:00 PM

Listing updated: 08/14/2024 at 5:54 AM

Listed by: Jacquelyn K Reinauer, Long & Foster Real Estate, Inc. Phone #: (410) 263-3400

MLS: Bright #MDGA2003328

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