205 Cherry St, Saint Michaels, MD 21663
OFF MARKET

205 Cherry St
Saint Michaels, MD 21663

  • 7 Beds
  • 9 Baths
  • 4,394 sqft (on 0.73 acres)
  • 7 Beds
  • 9 Baths
  • 4,394 sqft (on 0.73 acres)

$2,933,200

Trulia Estimate
as of Apr 23, 2024
Est. Refi. Payment $17,120/mo*

Homes for Sale Near 205 Cherry St

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from September 06, 2022
Offer accepted. Once in a lifetime opportunity to own a St. Michaels iconic landmark waterfront property in a premier in-town location! This grand historic home is on the biggest waterfront lot overlooking the St Michaels harbor. Breathtaking views of the "Honeymoon" footbridge, Hollis Park, the Patriot Tour Boat, marinas & Navy Point, the home of Chesapeake Bay Maritime Museum. The main building is distinguished by it's elaborate 2nd Empire Mansard slate roof and Colonial Revival columned porches. Zoned R2 residential with a current home based business run as Aida's Victoriana Inn Bed and Breakfast. It's the only B&B in St. Michaels with a full, separate two bedroom, two bath Innkeepers house which would make a beautiful guest house. The property can be subdivided into two waterfront houses. There are seven bedrooms with four waterside bedrooms including a main level primary suite with a large private deck and sweeping views of the harbor. All rooms have separate controlled cooling. Three rooms have fireplaces. Plenty of access to the water via a public kayak launch, free Town day boat parking, overnight boat slips at the Museum and year round slip rentals next door at Higgins Yacht yard. Full basement in the main house provides ample storage. There is onsite parking for 10 cars. Commercial sprinklers throughout. Fully furnished with old world charm. Price is the same with or without furniture. Purchase price includes everything needed to start your own B&B business plus access to reservation and accounting system. Service for 120 person events is included. Town of St. Michaels B&B Inn license is good for unlimited events including weddings. Buyer must apply for license before settlement. Excellent high elevation with no current flood insurance. Financials only available after an in-person showing & a signed non-compete. This is a residential purchase with the ability for a buyer to start their own business. Current business is not for sale. Please do not go on the property without an appointment. Listing agent must accompany any showings. Showings must be scheduled around occupancy with at least 24 hours notice. Access to all rooms may need several showing appointments. History, plat and Features Sheet in MLS documents.

Home Highlights

Parking
3 Open Spaces
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 205 Cherry St

Interior Features

Interior Details
Basement: Other,FullNumber of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 7Main Level Bedrooms: 3Number of Bathrooms: 9Number of Bathrooms (full): 8Number of Bathrooms (half): 1Number of Bathrooms (main level): 4
Dimensions and Layout
Living Area: 4394 Square Feet
Appliances & Utilities
Utilities: Cable Connected, Propane, Underground Utilities, BroadbandAppliances: Dishwasher, Disposal, Dryer, Self Cleaning Oven, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Extra Refrigerator/Freezer, Ice Maker, Microwave, Hot Water (Multi Tank)DishwasherDisposalDryerLaundry: In BasementMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Radiator,OilHas CoolingAir Conditioning: Heat Pump,Central A/C,ElectricHas HeatingHeating Fuel: Radiator
Fireplace & Spa
Number of Fireplaces: 3Fireplace: Gas/Propane, Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Window: Stain/Lead Glass, Window TreatmentsFlooring: Hardwood, Wood Floors
Levels, Entrance, & Accessibility
Stories: 3Levels: ThreeAccessibility: NoneFloors: Hardwood, Wood Floors
View
View: Harbor, Water, Marina, River
Security
Security: Fire Detection System, Main Entrance Lock, Smoke Detector(s), Sprinkler System - Indoor, Exterior Cameras, Fire Sprinkler System

Exterior Features

Exterior Home Features
Roof: Slate Architectural ShinglePatio / Porch: Deck, PorchFencing: PartialVegetation: ClearedOther Structures: Above Grade, Below GradeExterior: Flood Lights, SidewalksFoundation: Brick/Mortar, Concrete PerimeterNo Private Pool
Parking & Garage
Open Parking Spaces: 3No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 10Parking: Crushed Stone,Concrete Driveway,Private,Parking Lot,Driveway,Off Street
Pool
Pool: None
Frontage
WaterfrontWaterfront: RiverResponsible for Road Maintenance: City/CountyOn Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: Water Frontage Ft: 200Not Allowed to Raise Horses
Finished Area
Finished Area (above surface): 4394 Square Feet

Property Information

Year Built
Year Built: 1875Year Renovated: 1987
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DetachedArchitecture: Victorian,Colonial,Traditional
Building
Construction Materials: Other, Wood Siding, Vinyl SidingNot a New ConstructionNo Additional Parcels
Property Information
Condition: GoodNot Included in Sale: Furniture In Innkeepers House, Tools In Inn Basement, Secretary In Inn Living Room. Some Personal Items.Included in Sale: Furniture Inside & Outside Inn, Event Tables, Chairs, Linens And Tableware For 120, All Kitchen, Dining & Room Accessories & Tv's, Bedroom & Dining Room Linens, 2 Kayaks.Parcel Number: 2102065207

Price & Status

Price
List Price: $2,025,000
Status Change & Dates
Off Market Date: Fri Apr 22 2022Possession Timing: Negotiable

Active Status

MLS Status: CLOSED

Location

Direction & Address
City: Saint MichaelsCommunity: St Michaels
School Information
Elementary School District: Talbot County Public SchoolsJr High / Middle School District: Talbot County Public SchoolsHigh School District: Talbot County Public Schools

Building

Building Details
Builder Name: Henry Clay Dodson

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.73 acres

Listing Info

Special Conditions: Standard

Offer

Contingencies: Financing ApprovalListing Agreement Type: Exclusive Right To Sell

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %Sub Agency Commission: 2Sub Agency Commission Type: % Of Gross
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: MDTA2002520Water ViewWater View: Harbor, Water, Marina, River
Last check for updates: about 10 hours ago
Listed by Kate Koeppen, (410) 829-0705
Chesapeake Bay Real Estate Plus, LLC
Bought with: Kate Koeppen, (410) 829-0705, Chesapeake Bay Real Estate Plus, LLC
Source: Bright MLS, MLS#MDTA2002520

Price History for 205 Cherry St

DatePriceEventSource
04/22/2022$2,100,000Sold
Bright MLS #MDTA2002520
03/29/2022$2,025,000PendingBright MLS #MDTA2002520
01/01/2022$2,025,000ListingRemovedBright MLS #MDTA2000072
10/31/2021$2,025,000PriceChange
Bright MLS #MDTA2000072
07/05/2021$2,075,000Listed For SaleBright MLS #MDTA2000072
05/03/2005$1,347,000Sold
N/A
02/22/2000$1,230,333Sold
N/A
11/05/1997$1,025,000Sold
N/A

Property Taxes and Assessment

Year2023
Tax$16,750
Assessment$1,879,900
Home facts updated by county records

Comparable Sales for 205 Cherry St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.43
Single-Family Home
$2,970,000
04/12/24
4
4
4,000
0.34
Single-Family Home
$1,500,000
08/04/23
4
3
3,694
0.37
Single-Family Home
$1,100,000
06/08/23
4
4
3,522
1.21
Single-Family Home
$2,250,000
04/12/24
7
6
4,861
0.20
Single-Family Home
$678,000
03/05/24
4
3
2,080
0.19
Single-Family Home
$625,000
07/17/23
4
3
2,015
0.32
Single-Family Home
$985,000
05/09/23
3
3
2,296
0.34
Single-Family Home
$915,000
08/28/23
4
3
1,781
0.39
Single-Family Home
$785,000
11/17/23
3
3
2,294
0.37
Single-Family Home
$485,000
08/16/23
3
2
720

What Locals Say about Saint Michaels

  • Kgialo
    "There are many dog friendly places and lost of nice outdoor spaces for walks. People are very comfortable around dogs here. "
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  • Christopherbthomas24
    "Love this town, great spot for young families and retirees as well. Awesome spots to eat and hang out"
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LGBTQ Local Legal Protections

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 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 205 Cherry St

Off Market Homes Near 205 Cherry St

205 Cherry St, Saint Michaels, MD 21663 is a 7 bedroom, 9 bathroom, 4,394 sqft single-family home built in 1875. This property is not currently available for sale. 205 Cherry St was last sold on Apr 22, 2022 for $2,100,000 (4% higher than the asking price of $2,025,000). The current Trulia Estimate for 205 Cherry St is $2,933,200.