See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

205 Park Ave, Federalsburg, MD, 21632

3beds
2baths
1,320sqft
$239,900
$182price/sqft
$1,965/moest. monthly cost
$78,600/yrincome needed

About This Home

**Construction has not yet began, please feel free to drive by the lot. Completion will be for this August 2026!!*** The photos provided in the MLS are for reference purposes only and are intended to reflect the style and quality of similar fixtures, finishes, and features. Actual materials, fixtures, finishes, and selections may vary based on builder availability and final specifications. ******Get it under contract prior to completion******* Welcome to 205 Park Ave in the charming Town of Federalsburg, MD! Built by Lomaxx Custom Homes, this beautifully designed brand new construction home blends modern comfort, quality craftsmanship, and timeless style. Offering 1,320 sq. ft. of thoughtfully designed living space, this home features 3 bedrooms and 2 full bathrooms, providing both functionality and everyday comfort. Inside, thoughtfully selected finishes create a modern yet cozy atmosphere throughout the home. Luxury LVP flooring, stainless steel appliances, quartz countertops, and beautifully tiled showers combine durability with elevated design. The open-concept living spaces are perfect for gathering and entertaining, while cozy corners throughout the home create inviting spaces to relax and unwind. Designed with low-maintenance living in mind, the property also includes a concrete driveway and an encapsulated crawl space. An encapsulated crawl space is a valuable feature that helps protect the home from excess moisture, improves energy efficiency, enhances indoor air quality, and adds long-term durability to the property. Located in the heart of Federalsburg, residents enjoy the charm of small-town Eastern Shore living with nearby parks, local restaurants, shopping, community events, and outdoor recreation. Estimated completion is projected for August 2026, giving buyers the opportunity to secure a stunning brand-new home before completion. Exterior photo has been provided by the builder. Interior colors, finishes, and selections are subject to change at the builder’s discretion. All transfer and recordation taxes to be paid by the buyer. Public water and sewer. Built by Lomaxx Custom Homes — where quality craftsmanship meets modern living.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

2/10
4/10

Construction

Condition

  • Property condition: Excellent
  • New construction: Yes

Materials

  • Foundation: Crawl Space
  • Roof: Architectural Shingle
  • Construction materials: Vinyl Siding

Other

  • Builder name: Lomaxx Custom Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Has Laundry,Main Level,Washer In Unit,Dryer In Unit

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Dry Wall
  • Finished area above ground: 1,320

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,320
  • Total interior livable area: 1,320 sqft

Property

Accessibility

  • Accessibility features: 2+ Access Exits,Accessible Entrance

Details

  • Parcel number: 0605020603
  • Zoning: R2
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Rain Gutters,Sidewalks

Lot

  • Lot size: 6,534 sqft

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

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

  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Lightning
Strong Wind
Winter Weather
Drought
Heat Wave
Inland Flooding
Wildfire
Tsunami

FEMA Declared Disasters Across Maryland Counties

Winter Storm

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

MonthlyAnnual
Mortgage $1,213$14,556
Home Insurance *$101$1,212
Property Taxes $370$4,440
Electricity $281$3,374
Total$1,965$23,580
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,371/yr
40% on housing$58,950/yr
45% on housing$52,400/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

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.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 21632$85
Caroline County$209

vs Homes Sold Last Month

Median $/sqft

ZIP 21632
Caroline County$201

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

DateEventPrice
2026-05-20Listed for sale$239,900
2026-04-24Sold$20,500
2026-03-25Pending sale$27,500
2026-03-25Contingent$27,500
2026-03-06Listed for sale$27,500
2025-09-17Sold$3,739
2012-05-02Listing removed$160,000
2011-05-03Listed for sale$160,000
2007-11-30Sold$35,000
2007-03-12Sold$46,750
1999-10-07Sold$50,000

New Construction

AgentErene Katris
BrokerageColdwell Banker Realty

Similar Homes