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1518 Anchors Way, Salisbury, MD, 21801

5beds
4baths
3,024sqft
$414,300
$137price/sqft
$2,936/moest. monthly cost
$117,440/yrincome needed

About This Home

🏡 Beautiful Colonial Home with In-Law Suite | 1518 Anchors Way, Salisbury, MD Welcome to this spacious and well-maintained 3,024 sq ft Colonial nestled in a desirable and friendly Salisbury community. Sitting on 0.1770 acres, this beautiful 4-bedroom, 3.5-bathroom home offers charm, comfort, and excellent investment potential (new roof 3/2026)—all within minutes of local amenities and a short drive to Ocean City. 🛏 Main Home Features: 4 generously sized bedrooms and 2 full bathrooms located upstairs, Inviting living room with fireplace, perfect for cozy evenings, Separate family room and formal dining room ideal for entertaining, Spacious kitchen with sleek black appliances, Convenient half bath on the main level, Screened-in deck overlooking the backyard for relaxing or hosting guests, 2-car garage plus extra storage space. 🛋 Renovated Basement In-Law Suite: Private separate entrance, Full-size bedroom, bathroom, and living area, Ideal for extended family, guests, or passive rental income, Additional storage areas for practical living. NEW ROOF 3/2026 🌆 Location Highlights: Minutes from TidalHealth Hospital, grocery stores, fast food options, and shopping, Close to local attractions and parks, Just 30 minutes to Ocean City, making beach weekends a breeze Whether you're looking for a multi-generational home, a primary residence with rental income potential, or a place close to everything Salisbury and the Eastern Shore have to offer—this home delivers it all. 📞Schedule your private tour today and make 1518 Anchors Way your next home!

Getting Around

8
WalkingCar-Dependent
10
TransitMinimal Transit
28
BikeSomewhat Bikeable

Schools

2/10
6/10
Salisbury Middle SchoolGrades 6-82.6 mi
4/10

Construction

Condition

  • Property condition: Very Good
  • Year built: 2006

Materials

  • Foundation: Block
  • Roof: Shingle,Asphalt
  • Construction materials: Stick Built,Vinyl Siding,Block

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Oven/Range - Gas,Refrigerator,Washer,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Connecting Stairway,Full,Heated,Rear Entrance,Partial,Improved,Interior Entry

Bathroom2

  • Features: Bathroom - Tub Shower,Flooring - Vinyl
  • Level: Upper

Bathroom3

  • Features: Flooring - Ceramic Tile,Recessed Lighting,Bathroom - Tub Shower
  • Level: Lower

Bedroom2

  • Features: Flooring - Carpet,Walk-In Closet(s)
  • Level: Upper

Bedroom3

  • Features: Flooring - Carpet,Walk-In Closet(s)
  • Level: Upper

Bedroom4

  • Features: Flooring - Carpet,Walk-In Closet(s)
  • Level: Upper

Bedroom5

  • Features: Attached Bathroom,Basement - Finished,Ceiling Fan(s),Flooring - Vinyl,Recessed Lighting
  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Flooring - Vinyl
  • Level: Main

Family Room

  • Features: Flooring - Vinyl
  • Level: Main

Features

  • Attic,Bathroom - Tub Shower,Ceiling Fan(s),Floor Plan - Traditional,Eat-in Kitchen,Kitchen Island,Pantry,Primary Bath(s),Recessed Lighting,Walk-In Closet(s)
  • Flooring: Carpet
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 1,008
  • Finished area above ground: 2,016

Heating & Cooling

  • Heating features: Heat Pump,Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 3,024
  • Total interior livable area: 3,024 sqft

Kitchen

  • Features: Countertop(s) - Solid Surface,Flooring - Vinyl,Kitchen Island,Eat-in Kitchen,Pantry,Kitchen - Gas Cooking
  • Level: Main

Living Room

  • Features: Fireplace - Gas,Flooring - Vinyl
  • Level: Main

Living Room

  • Features: Flooring - Vinyl,Recessed Lighting
  • Level: Lower

Primary Bedroom

  • Features: Attached Bathroom,Bathroom - Walk-In Shower,Ceiling Fan(s),Double Sink,Flooring - Carpet,Flooring - Vinyl,Walk-In Closet(s),Attic - Access Panel
  • Level: Upper

Property

Accessibility

  • Accessibility features: 2+ Access Exits,Accessible Entrance

Details

  • Parcel number: 2309089918
  • Zoning: PRD
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 7,729 sqft
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 2
  • Parking features: Storage,Garage Faces Front,Inside Entrance,Attached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • 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 $2,094$25,128
Home Insurance *$161$1,932
Property Taxes $296$3,552
Electricity $385$4,623
Total$2,936$35,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,662/yr
40% on housing$88,080/yr
45% on housing$78,293/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

$137This listing

vs Other Active Listings

Avg $/sqft

ZIP 21801$139
Wicomico County$135

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
2026-04-01Listed for sale$414,300
2026-03-02Listing removed$399,500
2026-02-19Listed for sale$399,500
2026-01-31Listing removed$429,000
2025-07-17Listed for sale$429,000
2025-06-12Listing removed$419,000
2025-06-02Price change$419,000
2025-03-11Listed for sale$439,000
2021-08-25Sold$269,500
2021-06-26Pending sale$275,000
2021-06-24Listed for sale$275,000
2008-05-11Listing removed$299,800
2008-02-04Listed for sale$299,800
2006-06-21Sold$270,000

For Sale by Agent

AgentCrystal Travers
BrokerageColdwell Banker Realty

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