Historic Charm on this Eastern Shore Colonial w/ Nice Addition! 5BD/3BA Potential | ARV $300K

Excellent value-add opportunity on Maryland’s Eastern Shore! This 1920 Colonial combines classic historic character with a spacious addition, giving an investor plenty of room to renovate, reconfigure, and maximize the existing footprint.

Our walkthrough indicates potential for 5+ bedrooms and 3 bathrooms, creating significantly more utility than the current public-record configuration. The property offers approximately 1,785 Sq Ft of estimated above-grade living space, while assessor records show 2,145 Sq Ft.

The home already has some awesome character to work with, including hardwood flooring, a large covered front porch, exposed wood beams, vaulted ceilings in the addition, and a wood-burning stove. With an ARV of $300,000 and an estimated $50,000 renovation, this is a strong opportunity to transform a unique Eastern Shore property.

Property Highlights

• 5+ Bedroom Potential
• 3 Bathroom Potential
• Assessor Shows 2,145 Sq Ft
• Spacious Addition
• Two-Story Colonial
• Hardwood Flooring
• Beautiful Exposed Wood Beams
• Large Covered Front Porch Deck
• Approximately 0.30-Acre Lot
• Corner Lot
• Off-Street Parking
• ARV: $300,000
• Estimated Renovation: $50,000

Historic Charm + Great Addition

The original Colonial architecture gives this property character that is difficult to replicate with newer construction. The covered front porch, hardwood floors, and period details provide a great starting point for a standout renovation.

The addition is one of the coolest features of the property, providing additional usable space with dramatic vaulted ceilings and exposed wood beams. With the right renovation and layout, there is potential to create a spacious 5+ bedroom, 3-bath finished home.

Location Highlights

Situated on a spacious corner lot in Woolford, Dorchester County, with few homes immediately surrounding the property. The setting provides a quieter Eastern Shore feel while remaining convenient to Cambridge, shopping, schools, and everyday amenities.

Nearby Comparable Sales

4736 Egypt Rd, Cambridge, MD 21613 Sold for $280,000 3 Bedrooms | 1 Bathroom | 1,776 Sq Ft

1242 Old Madison Rd, Madison, MD 21648 Sold for $325,000 3 Bedrooms | 2 Bathrooms | 1,680 Sq Ft

Call/Text Joshua Shifrin at 917-767-7675 for additional information or to schedule a walkthrough.

DISCLAIMER

• Broker participation is welcome at 3% on top of the purchase price.
• Approximately 2–3 weeks for closing.
• Selling as-is.
• Buyer is responsible for all closing costs and title insurance.
• Strongly prefer New World Title Co as the title company.
• Firm on price. Any offer below asking will not be considered.
• Cash or hard money loans only.