Discover 7.179 acres of possibilities on Solomons Island Road. This buildable lot is perfect for creating your dream home, offering ample space and freedom to design a property that fits your needs. Conveniently located adjacent to the Lothian Fire Department and Lothian Elementary School, and across from the modern Hitching Post Plaza, this lot provides both practicality and charm. Perc test has not been performed. This RA-zoned parcel can be purchased separately or as part of a 16.729-acre bundle for $700,000; 2 acres MLS#MDAA2099030, 7.55 acres MLS #MDAA2099038, 7.179 acres #MDAA2099036. The median sales price for new construction homes in the area is $1.1 million, making this a promising location for building your custom home. We have a preferred builder we can connect you with! Contact us today to get started.
Property Details
Property Features
Listing Office:
Office Name: Samson Properties
Office Phone: (703) 378-8810
Listing Agent: Rena Champaco
Lot Features
Lot Information:
Lot Size: 7.17 Acres
Other
Directions Information:
Directions: Please use GPS Map
Price Information
Listing Price Info
Price Summary:
List Price: $250,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lothian, MD.
This property is $429.2K less than the Median Sold Price in Lothian, MD.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #MDAA2099036
Listing Office:
Office Name: Samson Properties
Office Phone: (703) 378-8810
Listing Agent: Rena Champaco
Information Deemed Reliable But Not Guaranteed. 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 in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,315
Per Month
Principal & Interest
$1,248
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$816
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Lothian Elementary School
5175 Solomons Island Rd
Distance between this listing and this school0.14 miles
Public District Grades PK-5
5
/10
Tracy's Elementary School
20 Deale Rd
Distance between this listing and this school3.47 miles
Public District Grades KG-5
8
/10
Deale Elementary School
759 Masons Beach Rd
Distance between this listing and this school4.81 miles
Public District Grades KG-5
Nearby Schools
6
/10
Southern Middle School
5235 Solomons Island Rd
Distance between this listing and this school0.43 miles
Public District Grades 6-8
8
/10
Central Middle School
221 Central Ave E
Distance between this listing and this school7.00 miles
Public Magnet Grades 6-8
10
/10
Windy Hill Middle School
9560 Boyds Turn Rd
Distance between this listing and this school8.21 miles
Public District Grades 6-8
Nearby Schools
5
/10
Dr. Henry A. Wise Jr. High School
12650 Brooke Ln
Distance between this listing and this school9.35 miles
Public District Grades 9-12
6
/10
Frederick Douglass High School
8000 Croom Rd
Distance between this listing and this school9.58 miles
Public Magnet Grades 9-12
3
/10
Annapolis High School
2700 Riva Rd
Distance between this listing and this school10.43 miles
The neighbors living near this home have an average income of $135,065. Most Lothian, MD residents have annual incomes between $100k-200k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5155 Solomons Island Rd
What is the listing price of this property?
The listing price of 5155 Solomons Island Rd property is $250,000.
What type of property is this?
The property 5155 Solomons Island Rd is land located in Lothian, Maryland, 20711.
Is this property for sale now?
Active Listing: 5155 Solomons Island Rd is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 5155 Solomons Island Rd is 7.17 acres.
Interested in 5155 Solomons Island Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5155 Solomons Island Rd in Lothian, MD and zip code 20711. This home sits on a 7.17 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $250,000.
In October 2024, from all listings sold in Lothian, MD there were more than 3 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price. Between September 2024 and October 2024, Lothian, MD real estate market has seen decrease in the number of listings by 6.3%. While the average time on the market in October 2024 was 24 days, the median list price was $679,250.
From Rocket Homes Real Estate and based on county public records data.