$5,500,000

HUGE PRICE REDUCTION !! THIS IS A ONCE-IN-A-LIFETIME OPPORTUNITY to own this incredible waterfront compound consisting of 16 different homes spread out over ten acres on the Magothy River! So many options here, you can rent the existing homes (a few of which are currently tenant-occupied), change ownership to condominiums and sell the individual homes (the seller has already explored this option and has plans in hand), or create your own private waterfront compound. Four homes (including one that is a duplex) are direct waterfront with incredible views, and almost all of the others have water views. One home has its own private pier and there is a second pier that is doublewide with multiple slips being used as the community pier, both have electricity and water. There is a community area with a promenade, beach, playground, picnic area, and lots of open space. The potential is endless for this amazing and unique waterfront property, come see Tebbston and make it your own!

Listing Map