Price Reduction - Views
Listed By:
Coldwell Banker Realty
21809 Borrowed Time Lane SE, Oldtown, MD
$ 849,900
Property Attributes
  • ID#MDAL2004856
  • TypeSingle Family
  • CountyALLEGANY
  • CityOldtown
  • AreaSE Allegany - Allegany County
  • Zip21555
  • StyleCape Cod
  • Year Built1989
  • Taxes$ 1682
  • Price$ 849,900
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3126
  • Lot Size218.33 Acres
Data Source:
Bright MLS
Property Description

TO APPREICATE THE BEAUTIFUL LAYOUT, VIEWS AND EVERYTHING THIS PROEPRTY OFFERS, YOU MUST WATCH THE COMPREHENSIVE VIDEO TOUR. CONTACT LISTING AGENT FOR A LINK IF NEEDED. Is acreage, privacy, unlimited building potential or family compound/family development land on your checklist? This property may be it! Located in Allegany County near Oldtown, Maryland just 2.5 miles from the South Branch of the Potomac River and the storied C&O Canal, youll find this rolling, improved, wooded 218 acres. Turning off of Lower Town Creek Road, youll pass through the security gate and enter Borrowed Time Lane. This private, well maintained gravel road will eventually lead you about one mile through gradual hills, valleys, gentle turns, and beautiful views back to the main dwelling. The first stop along the way is the previous in-law dwelling which is an 1,146 square foot manufactured home on its own well and septic with NEW METAL ROOF. Here youll find a primary bedroom, en-suite bath, guest bedroom, another full bathroom, inviting living room area, combination kitchen/dining area, screened rear deck area, bonus room and laundry closet. Once updated, this dwelling could continue to be used as an in-law residence, au-pair residence, guest residence or combination/consolidation family residence. Continuing on, your next stop will be the 1,400 square foot poultry/animal pen offering beautiful valley views and plenty of room for expansion. The next stop along the way features a 24x16 equine/animal barn as well as a 1.5 acre fenced corral. If horses or animals are on your checklist, this is set up and ready to go. How does one maintain all of this beautiful land? With the 1,176 square foot pull-through pole barn/maintenance building offering plenty of room for your maintenance equipment, four-wheelers, loaders, etc. Last but certainly not least is the 1,980 square foot main residence. This was intended to be the owners temporary residence as he built his dream home but as sometimes happens, circumstances change and that was never started. This can now be your opportunity to pick up where he left off and select the location, size and attributes of your dream home on this beautiful property. Whether you build an additional home or are happy living here, youll find that this dwelling offers an open kitchen/dining/flex space area, wood stove, sunken living room area, office area, laundry/utility room, 2 full bathrooms, 4 bedrooms, well and septic as well as a NEW METAL ROOF. Sound like this property may have what it takes for your needs? Unimproved land is this area has historically sold for just under $3,000 per acre. This is being offered at just over $4,500 per acre, is substantially improved with dwellings & outbuildings in place, unbeatable views and development potential. Initial showings will require a 48-hour advance notice and require either proof of funds (if cash buyer) or verified pre-approval prior to scheduling. Please contact listing agent to arrange. Initial showings will entail a preview of the property and access to all buildings. A follow-up showing can then be arranged with the owner to ride the property boundaries.

Price History
12/2/2022 Listed $999,900
7/21/2023 11% - $899,900
8/31/2023 6% - $849,900

General Features

Acceptable Financing Cash, Bank Portfolio, Conventional
Accessibility Level Entry - Main
Additional Parcels Y/N Yes
Architectural Style Cape Cod
Association Y/N No
Bathrooms Count Main Level 4.00
Bathrooms Full Main Level 4
Condo/Coop Association Y/N No
Construction Materials Stick Built
Cool Fuel Electric
Cooling Ceiling Fan(s), Window Unit(s)
Days on Market 292
Electric 200+ Amp Service
Exterior Features Outbuilding(s)
Garage Y/N No
Heating Baseboard - Electric
Interior Features Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Island
Levels 2
Location Type Mountain
Lot Size Square Feet 9510454.80
MLS Area SE Allegany - Allegany County (MDAL11)
New Construction No
Other Structures Above Grade, Below Grade
Percent Ownership Fee Simple
Pool Y/N No Pool
Possession Settlement
Price Per Sq Ft 271.88
Property Type Residential
School District 121140562208
Security Features Security Gate
Senior Community Y/N No
Sewer On Site Septic
Structure Type Detached
Subdivision Name NONE AVAILABLE
Tax Annual Amount 1682.0
Tax Year 2023
Vacation Rental Y/N No
View Mountain, Trees/Woods
Water Access Y/N No
Waterfront Y/N No
Year Built 1989
Zoning ZRC

Interior Features

Above Grade Finished Area 3126
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N No
Fireplace Y/N No
Full Baths 4
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Main Level Bedrooms 6
Total Baths 4
Total Bedrooms 6

Exterior Features

Living Area 3126
Fencing Partially
Foundation Details Crawl Space
Horse Amenities Horses Allowed, Paddock, Riding Ring
Horse Y/N Yes
Lot Features Additional Lot(s), Backs to Trees, Mountainous, No Thru Street, Private, Rural, Secluded, Subdivision Possible, Trees/Wooded
Lot Size Acres 218.33
Lot Size Source Estimated
Navigable Water Y/N No
Road Responsibility Private
Road Surface Type Gravel
Type of Parking Off Street, Driveway, Other
Water Oriented Y/N No
Water Source Well
Water View Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 21555

AVG $430K
AVG $1,555
AVG 698
Year Built
AVG 1981

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