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.
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Listing Snapshot
Price
$395,900
Days On Site
266 Days
Bedrooms
10
Inside Area (SqFt)
1,290 sqft
Total Baths
6
Full Baths
5
Partial Baths
1
Lot Size
3.74 Acres
Year Built
1935
MLS® Number
MDWC2021180
Status
Active
Property Tax
$1,151
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
4 months ago
Status changed to Active
4 months ago
Price changed to $395,900
4 months ago
Listing updated with changes from the MLS®
9 months ago
Listing first seen on site
General Features
Acres
3.74
Foundation
Block
Levels
One
Parking
Driveway
Property Sub Type
Single Family Residence
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Above
1290
SqFt Total
1290
Style
Other
Water Source
Private
Zoning
R20
Interior Features
Appliances
Electric Water HeaterGas Water Heater
Cooling
Central AirWindow Unit(s)GasElectric
Heating
ElectricNatural GasHeat Pump
Main Level Bedrooms
10
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Exterior Features
Construction Details
Other
Pool Features
None
Community Features
MLS Area
Wicomico Southwest (23-03)
School District
WICOMICO COUNTY PUBLIC SCHOOLS
Schools
School District
WICOMICO COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Realty Delmarva
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