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28650 Old Quantico Rd, Salisbury, MD, 21801

10beds
7baths
6,048sqft
$379,900
$63price/sqft
$3,156/moest. monthly cost
$126,240/yrincome needed

About This Home

**Prime Development Opportunity With Rare Waterfront Potential!** These two parcels-28646 and 28650-totaling 1.15 acres, consist of 8 units and are in the final phase of annexation into the city of Salisbury. Once complete, you’ll gain access to public water and sewer along with zoning that allows up to 12 units per acre, opening the door to a wide range of possibilities. 28650 currently has a single family home with 28646 having two multifamily properties. Please note, not all units are currently rented or rentable. Whether you envision a standout single-family residence with expansive grounds, a collection of premium townhomes, or high-demand multifamily buildings to capitalize on Salisbury’s strong rental market, this property offers the flexibility to bring your vision to life. Preliminary concepts for 12 townhomes have already been drafted, and additional layouts, plats, and plans are available upon request. With direct frontage on a tranquil lake, the site is ideally suited for a true waterfront community—perfect for creating desirable living spaces with natural views and outdoor amenities. The property is currently improved with 8 units and is professionally managed.

Getting Around

51
WalkingSomewhat Walkable
11
TransitMinimal Transit
41
BikeSomewhat Bikeable

Schools

2/10
6/10
Salisbury Middle SchoolGrades 6-81.2 mi
4/10

Construction

Condition

  • Year built: 1932

Materials

  • Foundation: Crawl Space
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 7
  • Full bathrooms: 7
  • Main level bathrooms: 7
  • Main level bedrooms: 10

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 6,048

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Other,Electric

Interior Area

  • Total structure area: 6,048
  • Total interior livable area: 6,048 sqft

Property

Accessibility

  • Accessibility features: Accessible Doors

Details

  • Parcel number: 2309007245
  • Zoning: AR
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake
  • Waterbody name: Quantico
  • Frontage length: Water Frontage Ft: 75

Lot

  • Lot size: 0.57 Acres
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Parking features: Other

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

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hurricane
Lightning
Winter Weather
Coastal Flooding
Cold Wave
Drought
Heat Wave
Ice Storm
Strong Wind
Wildfire

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 $1,920$23,040
Home Insurance *$161$1,932
Property Taxes $305$3,660
Electricity $770$9,246
Total$3,156$37,872
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,205/yr
40% on housing$94,680/yr
45% on housing$84,160/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: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$63This listing

vs Other Active Listings

Avg $/sqft

ZIP 21801$140
Wicomico County$136

vs Homes Sold Last Month

Median $/sqft

ZIP 21801
Wicomico County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Price change$389,900
2026-02-03Price change$399,900
2025-12-24Price change$424,900
2025-12-12Listed for sale$450,000
2022-07-08Sold$341,862
2019-08-16Sold$225,000
2008-11-17Sold$64,600
2006-03-10Sold$425,000
2004-05-10Sold$220,000

For Sale by Agent

AgentJoshua Mast
BrokerageHomeSource Pro Real Estate

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