This waterfront property offers incredible potential and a rare opportunity to create something truly special. The home experienced storm damage several years ago, and while significant improvements have already been completed, the property is still in the process of being renovated and will require additional work to finish. Recent updates include all new windows, new siding, a new roof, a new dishwasher, and a newly built deck. The basement has been completely gutted and is ready to be finished. The home offers a spacious layout with unique features, including a primary bedroom with a loft and sliding glass doors that open to the deck, providing beautiful natural light and a relaxing connection to the outdoors. Another standout feature is the separate above-garage apartment/in-law suite, which includes a bedroom, bathroom, mini-kitchen, and private entrance, offering great potential for guests, extended family, or additional living space. The property also includes both an attached garage and a large detached garage, providing plenty of storage, parking, and workspace. Situated on 3.12 private acres along the water, the setting is truly the highlight—offering peaceful views, privacy, and plenty of space to make this property your own. The seller is unable to complete the remaining renovations, and the property is being sold in its current condition. With vision and finishing touches, this home could be transformed into an exceptional waterfront retreat.
For sale
$1,600,000
38 Osprey Way, Elkton, MD 21921
4beds
4,185sqft
Est.:
Single Family Residence
Built in 1995
3.12 Acres Lot
$1,777,800 Zestimate®
$382/sqft
$-- HOA
What's special
Waterfront propertyAttached garagePeaceful viewsNewly built deckNew sidingLarge detached garageBeautiful natural light
- 29 days |
- 2,468 |
- 38 |
Zillow last checked: 7 hours ago
Listing updated: March 05, 2026 at 08:35am
Listed by:
Tonya Keener 443-466-6462,
Iron Valley Real Estate of Central PA (717) 344-5950
Source: Bright MLS,MLS#: MDCC2020600
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Basement, Foyer, Great Room, Attic, Half Bath
Primary bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Lower
Other
- Level: Upper
Basement
- Features: Basement - Finished
- Level: Lower
Dining room
- Level: Main
Family room
- Level: Lower
Foyer
- Level: Main
Great room
- Level: Main
Half bath
- Level: Main
Kitchen
- Features: Kitchen Island, Wood Stove, Kitchen - Propane Cooking
- Level: Main
Heating
- Central, Forced Air, Hot Water, Geothermal, Natural Gas, Propane
Cooling
- Other, Electric
Appliances
- Included: Cooktop, Dishwasher, Dryer, Exhaust Fan, Humidifier, Double Oven, Washer, Water Heater, Electric Water Heater
- Laundry: Lower Level
Features
- Attic, Built-in Features, Ceiling Fan(s), Central Vacuum, Crown Molding, Curved Staircase, Family Room Off Kitchen, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Store/Office, Walk-In Closet(s), Bar, 2 Story Ceilings, Dry Wall
- Flooring: Carpet, Ceramic Tile, Hardwood, Stone
- Windows: Replacement
- Basement: Other
- Has fireplace: No
Interior area
- Total structure area: 5,850
- Total interior livable area: 4,185 sqft
- Finished area above ground: 3,630
- Finished area below ground: 555
Property
Parking
- Total spaces: 6
- Parking features: Storage, Other, Driveway, Detached, Attached
- Attached garage spaces: 6
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: >84" Garage Door
Features
- Levels: Two
- Stories: 2
- Patio & porch: Brick, Deck, Patio
- Exterior features: Flood Lights, Other
- Has private pool: Yes
- Pool features: Heated, Fenced, In Ground, Private
- Fencing: Wood
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: River
- Frontage length: Water Frontage Ft: 100
Lot
- Size: 3.12 Acres
- Features: Private, Rural, Secluded
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0805040965
- Zoning: NAR
- Special conditions: Standard
- Other equipment: Intercom
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Block, Concrete Perimeter
Condition
- Below Average
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Private Septic Tank
- Water: Well
Community & HOA
Community
- Security: Fire Alarm, Smoke Detector(s)
- Subdivision: Elk Neck
HOA
- Has HOA: No
Location
- Region: Elkton
Financial & listing details
- Price per square foot: $382/sqft
- Tax assessed value: $1,183,700
- Annual tax amount: $12,386
- Date on market: 3/5/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: All Appliances
- Ownership: Fee Simple
- Road surface type: Gravel
Estimated market value
$1,777,800
$1.69M - $1.87M
$3,733/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Listed for sale | $1,600,000$382/sqft |
Source:  Bright MLS #MDCC2020600 Report a problem | ||
| 3/5/2026 | Listing removed | $1,600,000$382/sqft |
Source: Bright MLS #MDCC2019240 Report a problem | ||
| 10/2/2025 | Listed for sale | $1,600,000$382/sqft |
Source: Bright MLS #MDCC2019240 Report a problem | ||
| 7/9/2025 | Listing removed | $1,600,000$382/sqft |
Source: Bright MLS #MDCC2012376 Report a problem | ||
| 7/29/2024 | Price change | $1,600,000-8.6%$382/sqft |
Source: Bright MLS #MDCC2012376 Report a problem | ||
| 6/17/2024 | Price change | $1,750,000-2.8%$418/sqft |
Source: Bright MLS #MDCC2012376 Report a problem | ||
| 4/15/2024 | Listed for sale | $1,800,000+63.6%$430/sqft |
Source: Bright MLS #MDCC2012376 Report a problem | ||
| 12/1/2020 | Listing removed | $1,100,000$263/sqft |
Source: Long & Foster Real Estate, Inc. #MDCC170686 Report a problem | ||
| 8/23/2020 | Listed for sale | $1,100,000+37.3%$263/sqft |
Source: Long & Foster Real Estate, Inc. #MDCC170686 Report a problem | ||
| 11/27/2019 | Listing removed | $801,084$191/sqft |
Source: Auction.com Report a problem | ||
| 11/26/2019 | Price change | $801,0840%$191/sqft |
Source: Auction.com Report a problem | ||
| 11/25/2019 | Price change | $801,178+0.3%$191/sqft |
Source: Auction.com Report a problem | ||
| 11/24/2019 | Price change | $798,890-0.1%$191/sqft |
Source: Auction.com Report a problem | ||
| 11/19/2019 | Price change | $799,334+0.2%$191/sqft |
Source: Auction.com Report a problem | ||
| 11/18/2019 | Price change | $797,436-5.2%$191/sqft |
Source: Auction.com Report a problem | ||
| 11/16/2019 | Price change | $841,085-0.6%$201/sqft |
Source: Auction.com Report a problem | ||
| 11/13/2019 | Price change | $845,7750%$202/sqft |
Source: Auction.com Report a problem | ||
| 11/12/2019 | Price change | $846,041-0.1%$202/sqft |
Source: Auction.com Report a problem | ||
| 11/9/2019 | Price change | $846,826-0.1%$202/sqft |
Source: Auction.com Report a problem | ||
| 11/7/2019 | Price change | $847,469+6.9%$203/sqft |
Source: Auction.com Report a problem | ||
| 11/5/2019 | Listed for sale | $792,627-0.1%$189/sqft |
Source: Auction.com Report a problem | ||
| 7/6/2018 | Listing removed | $793,782+15.3%$190/sqft |
Source: Auction.com Report a problem | ||
| 6/13/2018 | Listed for sale | $688,665+0.1%$165/sqft |
Source: Auction.com Report a problem | ||
| 2/10/2017 | Listing removed | $687,941-14.3%$164/sqft |
Source: Auction.com Report a problem | ||
| 1/21/2017 | Listed for sale | $802,869$192/sqft |
Source: Auction.com Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,183,700 +5.1% |
| 2024 | $12,326 +4.4% | $1,126,300 +5.4% |
| 2023 | $11,805 +2% | $1,068,900 |
| 2022 | $11,574 +2.9% | $1,068,900 +8.4% |
| 2021 | $11,243 +3.1% | $986,300 +4.4% |
| 2020 | $10,900 +0.5% | $945,000 |
| 2019 | $10,845 +0.5% | $945,000 +1% |
| 2018 | $10,791 -0.1% | $935,600 +0.5% |
| 2017 | $10,797 +10.2% | $930,900 +5.5% |
| 2016 | $9,798 +5.8% | $882,500 +5.8% |
| 2015 | $9,258 -6.7% | $834,100 +6.2% |
| 2014 | $9,923 | $785,700 |
| 2013 | -- | $785,700 |
| 2012 | -- | $785,700 -17.9% |
| 2011 | -- | $957,390 |
| 2010 | -- | $957,390 |
| 2009 | -- | $957,390 -33.7% |
| 2008 | -- | $1,444,440 +19.9% |
| 2007 | -- | $1,204,896 +24.8% |
| 2006 | -- | $965,353 +33% |
| 2005 | -- | $725,810 +13.2% |
| 2004 | -- | $641,132 +15.2% |
| 2003 | -- | $556,456 +17.9% |
| 2002 | -- | $471,780 +2.4% |
| 2001 | -- | $460,916 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,331/mo
Principal & interest
$8251
Property taxes
$1080
More affordability tools
Climate risks
Neighborhood: 21921
Nearby schools
GreatSchools rating
- 6/10Elk Neck Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 4/10North East Middle SchoolGrades: 6-8Distance: 5.8 mi
- 3/10North East High SchoolGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- District: Cecil County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 21921
- Maryland
- Cecil County
- Elkton
- 21921
- 38 Osprey Way
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