16
Map
$100,000
●
Land -
For Sale
12759 & 12763 TONKAWA TRAIL
LUSBY, MD 20657
Studio
0 Bath
$572
Est. Monthly
About This Property
Rare opportunity to own land within the waterfront community of
Chesapeake Ranch Estates, surrounded by the natural beauty and
coastal lifestyle that make Lusby such a desirable destination.
Enjoy nearby access to private beaches, parks, trails, lakes, and
outdoor recreation, while remaining just minutes from Solomons
Island, marinas, waterfront dining, shopping, and everyday
conveniences.
This property offers the opportunity to create a custom retreat in a peaceful setting with wooded surroundings and close proximity to the Chesapeake Bay. Whether planning a future primary residence, vacation getaway, or long-term investment, the location offers a balance of privacy, recreation, and convenience, approximately 1 hour 25 minutes from Washington, DC, 1 hour 45 minutes from Baltimore, and 1 hour 20 minutes from Annapolis.
Experience the charm of Southern Maryland waterfront living, where scenic surroundings, coastal character, and relaxing sunsets create an ideal backdrop for your future vision.
This property offers the opportunity to create a custom retreat in a peaceful setting with wooded surroundings and close proximity to the Chesapeake Bay. Whether planning a future primary residence, vacation getaway, or long-term investment, the location offers a balance of privacy, recreation, and convenience, approximately 1 hour 25 minutes from Washington, DC, 1 hour 45 minutes from Baltimore, and 1 hour 20 minutes from Annapolis.
Experience the charm of Southern Maryland waterfront living, where scenic surroundings, coastal character, and relaxing sunsets create an ideal backdrop for your future vision.
Unit Size
-
Days on Market
-
Land Size
0.62 acres
Price per sqft
-
Property Type
Land
Property Taxes
$81
HOA Dues
-
Year Built
-
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (Bright MLS #MDCA2027096)
Price History
Property Highlights
Exterior Details
Lot Size Area: 27007
Lot Size Units: Square Feet
Lot Size Acres: 0.62
Lot Size Square Feet: 27007
Tax Lot: 61
Water Source: None
Financial Details
Tax Annual Amount: $971
Utilities Details
Sewer : No Septic System
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Chesapeake Ranch Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sarah A. Reynolds
Keller Williams Realty
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDCA2027096
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Keller Williams Realty
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDCA2027096
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017