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    12465 Mallard Ln Princess Anne, MD 21853

    For Sale
    $120,000

    LAND - PRINCESS ANNE, MD

    Lot size:
    4.15 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 12465 Mallard Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    4.15 Acres

    Utilities

    Water front features
    Navigable Water, Waterfront
    Water front
    1

    ERA Martin Associates (410) 749-1818 [email protected]

    Listing agent Frances Sterling (410) 749-1818 License #649642

    Listing date Oct 7, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Lot in Princess Anne

    This 4.15-acre building lot is located on Monie Creek in Princess Anne, MD. It is situated within the established Covington Cove neighborhood, developed by Messick, which offers waterfront living. The community features well-maintained homes and views of calm waters with fish and waterfowl. Eagles can be observed nesting in the nearby trees. A community boat ramp is available for use. The property is located 15 minutes from south Salisbury and close to stores and services in Princess Anne.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Food Market Fish Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Princess Anne
    County
    Somerset
    State
    Maryland
    Longitude
    -75.76718874
    Latitude
    38.22403278

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    FAQs

    What type of property is this?
    Land - Building lot on Monie Creek ready for custom home.
    Where is this land located?
    The property is located at 12465 Mallard Ln Princess Anne, MD.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Waterfront property on Monie Creek with navigable water; - Established, well-maintained Covington Cove waterfront community; - Affordable waterfront living
    (410) 749-1818
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    12465 Mallard Ln Princess Anne, MD 21853
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12465 Mallard Ln Princess Anne, MD 21853
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