12463 Gateway Ave, Hagerstown, MD, 21740
About This Home
Great price $309,900 Water front and nice home! Welcome to this cute and charming two-story home nestled in a peaceful setting with access to the beautiful Conococheague Creek, offering relaxing water views and the perfect blend of comfort and recreation. This inviting property features 2 bedrooms, a comfortable living room, and a functional kitchen, making it ideal as a full-time residence, weekend getaway, or Airbnb investment opportunity. The primary bedroom suite opens to a large private deck, perfect for unwinding while taking in the serene surroundings. The fully finished lower level expands your living space and is ideal for entertaining, complete with a game table setup and walkout access to a patio, creating a seamless indoor-outdoor experience. With approximately 2,112 total square feet across both levels, there’s plenty of room to enjoy. This is a two-parcel property with separate tax IDs, offering added flexibility and value. The home itself sits on 0.61 acres across the street, while the additional 2.35-acre parcel fronts the Conococheague Creek, providing a scenic, private setting perfect for recreation, outdoor enjoyment, and enhancing the overall experience of the property. While the creek-front lot is not buildable, it offers incredible space for relaxing, exploring, and enjoying nature. Additional highlights include laundry on the lower level and plenty of outdoor space for gatherings or future enhancements. Whether you're looking for a personal retreat or a property with strong short-term rental potential, this unique offering checks all the boxes.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Very Good
- Year built: 1920
Materials
- Foundation: Block
- Construction materials: Vinyl Siding
Notable Dates
- Major remodel year: 2021
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Range Hood,Microwave,Electric Water Heater
- Laundry features: Lower Level,Has Laundry,Laundry Room
Basement
- Has basement: Yes
- Basement: Connecting Stairway,Exterior Entry,Full,Walk-Out Access
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Den
- Level: Main
Features
- Combination Kitchen/Dining
- Finished area below ground: 768
- Finished area above ground: 1,344
Heating & Cooling
- Heating features: Baseboard,Electric
- Cooling features: None
Interior Area
- Total structure area: 2,112
- Total interior livable area: 2,112 sqft
Kitchen
- Level: Main
Laundry
- Level: Lower
Living Room
- Level: Main
Other
- Level: Main
Recreation Room
- Level: Lower
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 2223065198
- Zoning: U
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Porch,Patio
Lot
- Lot size: 0.62 Acres
- Features: Backs to Trees
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Drought
- Hurricane
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Maryland Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,516 | $18,192 |
| Home Insurance * | $114 | $1,368 |
| Property Taxes | $202 | $2,424 |
| Electricity | $281 | $3,374 |
| Total | $2,113 | $25,356 |
Income You'd Need if You Spent...
Maryland FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Price change | $309,900 |
| 2026-05-05 | Listed for sale | $339,900 |
| 2023-03-27 | Listing removed | -- |
| 2021-02-03 | Pending sale | $127,500 |
| 2020-10-20 | Price change | $127,500 |
| 2020-07-28 | Price change | $132,500 |
| 2020-05-27 | Price change | $94,900 |
| 2020-01-20 | Price change | $99,900 |
| 2019-07-22 | Price change | $104,900 |
| 2018-09-08 | Listed for sale | $114,900 |
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