Description
Rare opportunity to purchase three adjoining properties being sold together at 820, 824, and 828 Shad Point, offering strong value-add potential through renovation, redevelopment, or long-term hold. 820 Shad Point features 3 bedrooms and 2.5 baths but requires some updates; a new heat pump was installed approximately one year ago, providing efficient heating and cooling. 824 Shad Point sustained fire damage and will require substantial repair or possible removal; prior to the fire, the home offered up to 5 bedrooms and 2 bathrooms, presenting significant redevelopment potential. 828 Shad Point includes 2 bedrooms and 1 bathroom and is currently tenant-occupied, providing immediate rental income. The combined parcels offer exceptional land value (3.737 acres) with potential for subdivision or redevelopment, subject to zoning and municipal approvals. Ideal opportunity for investors, builders, or developers seeking scale in a desirable location. Sold as a package only. Buyers to verify zoning, subdivision potential, and future use.
Details
| MLS # | MDWC2021180 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Building Name | NONE AVAILABLE |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1935 |
| Days On Site | 271 |
| Listing Provided By | Keller Williams Realty Delmarva | Michael Dunn |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 1,290 |
| Story(s) | 1 |
| Zoning | R20 |
| Acreage | 3.74 |
Interior
| Cooling | Central A/C, Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Heat Pump(s) |
Exterior
| Construction Materials | Other |
|---|---|
| Foundation Details | Block |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1151 |
|---|
Area Information
| State | MD |
|---|---|
| County | WICOMICO MD |
| City | FRUITLAND |
| Zip Code | 21826 |
| Area | Wicomico Southwest (23 03) |
| Community Name | NONE AVAILABLE |
| School District | WICOMICO COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $395,900 low | high Med: $360,000 sqft: 1,290 low | high Med: 1,867 $ / sqft: $307 low | high Med: $196 On site: 271 low | high Med: 109 | |
Market Activity 21826
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Learn More About This Property
| State | MD |
|---|---|
| County | WICOMICO MD |
| City | FRUITLAND |
| Zip Code | 21826 |
| Area | Wicomico Southwest (23 03) |
| Community Name | NONE AVAILABLE |
| School District | WICOMICO COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $395,900 low | high Med: $360,000 sqft: 1,290 low | high Med: 1,867 $ / sqft: $307 low | high Med: $196 On site: 271 low | high Med: 109 | |