8706 Elm Rd, Chestertown, MD, 21620
About This Home
Welcome to Tolchester Estates, a charming community near the Chesapeake Bay. This 3-bedroom, 2-bath rancher features updated HVAC, gas cooking, an upgraded propane hot water heater, and a recently replaced roof system in March 2026. The property is served by public sewer for added ease and reliability. Step outside to a large rear deck, perfect for entertaining or relaxing while enjoying the peaceful surroundings. The home also offers plenty of storage space in the attic, providing added convenience and functionality. Residents enjoy access to a private community beach and boat ramp. Also conveniently located within walking distance to Tolchester Marina and Shanty Beach Bar, offering outdoor entertainment throughout the summer months. Approximately 10 minutes to Rock Hall and 20 minutes to Chestertown, this home offers the perfect blend of comfort and rural living. Enjoy all that Tolchester has to offer at 8706 Elm.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2003
Materials
- Foundation: Block
- Roof: Architectural Shingle
- Construction materials: Stick Built,Asphalt,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator,Oven/Range - Gas,Water Conditioner - Owned,Tankless Water Heater,Washer,Dryer,Water Heater
- Laundry features: Has Laundry
Bathroom2
- Level: Main
- Area: 40
- Dimensions: 8 X 5
Bedroom2
- Level: Main
- Area: 110
- Dimensions: 10 X 11
Bedroom3
- Level: Main
- Area: 117
- Dimensions: 13 X 9
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Features
- Attic,Combination Kitchen/Dining,Entry Level Bedroom
- Window features: Double Hung
- Flooring: Luxury Vinyl,Carpet
- Finished area below ground: 0
- Finished area above ground: 1,232
Heating & Cooling
- Heating features: Heat Pump,Electric,Central
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total structure area: 1,232
- Total interior livable area: 1,232 sqft
Kitchen
- Features: Eat-in Kitchen,Kitchen - Gas Cooking
- Level: Main
- Area: 240
- Dimensions: 20 X 12
Living Room
- Level: Main
- Area: 224
- Dimensions: 16 X 14
Primary Bathroom
- Level: Main
- Area: 42
- Dimensions: 6 X 7
Primary Bedroom
- Features: Attached Bathroom
- Level: Main
- Area: 144
- Dimensions: 12 X 12
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1506004407
- Zoning: RR
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
- Exterior features: Private Beach
- Waterfront features: Private Access,Bay
- Waterbody name: Chesapeake Bay
Lot
- Lot size: 0.33 Acres
- Features: Backs to Trees,Rural,Private
Parking
- Parking features: Gravel,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
- Drought
- Lightning
- Strong Wind
- Coastal Flooding
- Hurricane
- Heat Wave
- Winter Weather
- Tsunami
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 | $1,618 | $19,416 |
| Home Insurance * | $155 | $1,860 |
| Property Taxes | $639 | $7,668 |
| Electricity | $281 | $3,374 |
| Total | $2,693 | $32,316 |
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 |
|---|---|---|
| 2026-04-16 | Listed for sale | $320,000 |
| 2016-02-12 | Sold | $89,000 |
| 2015-12-28 | Price change | $89,900 |
| 2015-11-30 | Price change | $99,900 |
| 2015-10-30 | Price change | $109,900 |
| 2015-10-02 | Price change | $115,000 |
| 2015-08-19 | Price change | $132,500 |
| 2015-07-14 | Price change | $20,000 |
| 2015-07-08 | Price change | $132,500 |
| 2015-06-05 | Price change | $139,900 |
| 2015-03-23 | Listed for sale | $144,500 |
| 2015-03-12 | Sold | $127,932 |
| 2015-02-28 | Listed for sale | $149,500 |
| 2003-07-03 | Sold | $120,200 |
| 2002-04-12 | Sold | $6,750 |
| 1997-12-05 | Sold | $1,000 |
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