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Waterfront Residential Building Lot
For Sale
$120,000

12465 MALLARD Lane, Princess Anne, MD 21853

LAND - PRINCESS ANNE, MD

Property SizeContact for details
Lot Size4.15 Acres
Days on Market340

Property Features for 12465 MALLARD Lane

General Information

Property type Land
Property subtype Other
Subdivision COVINGTON COVE
Elementary school PRINCESS ANNE
High school WASHINGTON
Elementary school district SOMERSET COUNTY PUBLIC SCHOOLS
Middle school district SOMERSET COUNTY PUBLIC SCHOOLS
High school district SOMERSET COUNTY PUBLIC SCHOOLS
Standard status Active
Lot size 4.15 Acres

Taxes and HOA fees

Tax Annual Amount 1099

Utilities

Water front features Waterfront, Navigable Water
Water front 1
Listing Agency: ERA Martin Associates · ERA Real Estate
Listed By: Frances Sterling · License #649642
Added: Oct 6, 2025 Changed: Jul 13 Last Checked: Sep 10 at 12:06PM
MLS# MDSO2006468

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This is a waterfront residential building lot on Monie Creek, sized at 4.15 acres. The property is part of Covington Cove, an established Messick Developed neighborhood with well-maintained homes and views over calm waters. A community boat ramp is available for resident use.

There is no formal HOA noted for the neighborhood; instead, residents pay an annual maintenance fee of $200 for upkeep of the community boat ramp and common areas. The community is described as about 15 minutes from south Salisbury, with nearby stores and services in Princess Anne.

As vacant land, the lot offers a straightforward custom-home site within the Covington Cove community and its shared waterfront amenities.

Key Highlights

  • Waterfront property on Monie Creek with navigable water
  • Established, well‑maintained Covington Cove waterfront community
  • Access to a community boat ramp

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Fish Market Food Market Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 21853, MD

10,179
Population
4,962
Households
2.1
Avg Household Size
33
Median Age
22%
College-Educated
91%
High-School Grad
114.8 sq mi
ZIP Area
89
Density / Sq Mi
$51,710
Median Household Income
$24,603
Median Earnings
$973
Median Rent
$167,000
Median Home Value
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Residential building lot on Monie Creek with community boat ramp access and maintained neighborhood common areas.
Where is this waterfront land located?
The property is located at 12465 MALLARD Lane 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; Access to a community boat ramp
More about this property
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