Developer’s Dream in Cambridge, MD! Cambridge is in the middle of a major development transformation — now is the opportunity to get in on the ground floor of the city’s high-density growth future. This exceptional property offers nearly 2 acres of prime development land, with the potential to purchase an additional adjoining acre. Featuring road frontage on three sides, the property is approximately 99% cleared and ready for development. An added bonus is the 12-foot-wide city-owned alley that may be obtainable, creating even more flexibility for site planning and access. Ideal for 55+ median-income single-story townhomes, multifamily housing, or a variety of other residential development opportunities. Surrounding properties include two-story townhomes, apartment buildings, single-family homes, and a nearby nursing home — making this a versatile and highly desirable location. Conveniently located just minutes from downtown Cambridge dining, shopping, festivals, and historic attractions. Quick access to Route 50 provides easy access to big-box retailers and newly renovated shopping centers. Enjoy nearby access to the Choptank River for boating, fishing, crabbing, and numerous community parks and recreational opportunities. Contact the listing agent for a complete list of permitted uses. Possible owner financing available for qualified buyers.
Lot/land
$299,900
1002 Park Ln, Cambridge, MD 21613
--beds
--baths
1.92Acres
Unimproved Land
Built in ----
1.92 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 57 days |
- 7 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Tony Golden 443-783-0249,
Berkshire Hathaway HomeServices PenFed Realty 4105247000,
Co-Listing Agent: Alexander Piela 410-289-2539,
Berkshire Hathaway HomeServices PenFed Realty
Source: Bright MLS,MLS#: MDDO2012284
Facts & features
Property
Lot
- Size: 1.92 Acres
- Features: Cleared, Corner Lot, Corner Lot/Unit
Details
- Additional parcels included: Tax Account 07166445 for additional 35238 sq. ft. for a total 83,420 sq. ft. +.
- Parcel number: 1007171609
- Zoning: C-2
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Cambridge
- Municipality: Cambridge
Financial & listing details
- Tax assessed value: $21,600
- Annual tax amount: $406
- Date on market: 5/13/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Seller Financing
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listed for sale | $299,900+50% |
Source: | ||
| 6/3/2023 | Listing removed | $199,900 |
Source: | ||
| 6/3/2022 | Listed for sale | $199,900-0.1% |
Source: | ||
| 4/27/2022 | Listing removed | -- |
Source: | ||
| 3/6/2021 | Listed for sale | $200,000 |
Source: | ||
| 1/15/2021 | Listing removed | -- |
Source: | ||
| 12/15/2020 | Listed for sale | $200,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 21613
Nearby schools
GreatSchools rating
- 2/10Sandy Hill Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 2/10Mace's Lane Middle SchoolGrades: 6-8Distance: 1 mi
- 2/10Cambridge-South Dorchester High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- District: Dorchester County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Maryland
- Dorchester County
- Cambridge
- 21613
- 1002 Park Ln




