This historic property known as "The Elms" was built in 1900 and originally used as a fishing lodge for many years. The property sits on 2 acres, has public sewer and well water and consists of three buildings which are: The original main building, the detached garage and a shed/storage building. The buildings hold virtually no value unless an extensive historic renovation were completed, but the opportunity is fantastic. Tilghman is an historic waterfront town that features a waterman's museum, marina, many restaurants, and established neighborhoods/communities such as Tilghman on the Chesapeake, Fairbanks, and Black Walnut Point. In addition to restoring the buildings, there may be opportunity to build new. A truly iconic piece of Tilghman history. Property being sold "As-Is. "
Single-familyProperty Type
1900Year Built
2 acresLot Size
$74Price/Sq.Ft.
3 car garageParking
Listed by Monica Penwell• TTR Sotheby's International Realty
•410-745-2596 (broker)
Bought with John McGlannan• Meredith Fine Properties
Est. $3,962 per month, based on comparable rentals
Sale and tax history for 21486 Mission Rd
Sale History
Tax History
Date
Event
Price
Public Records
Jul 14, 2026
Sold
$400,000
$74/sq ft
Greater Lansing AoR #MDTA2012250
May 29, 2026
Sold
$400,000
$74/sq ft
May 29, 2026
Sold
$400,000
$74/sq ft
Apr 26, 2026
Pending
—
Nov 8, 2025
Listed
$549,000
$102/sq ft
Nov 5, 2025
Coming Soon
$549,000
$102/sq ft
Oct 31, 2025
Listed
$549,000
$102/sq ft
+27
This historic property known as "The Elms" was built in 1900 and originally used as a fishing lodge for many years. The property sits on 2 acres, has public sewer and well water and consists of three buildings which are: The original main building, the detached garage and a shed/storage building. The buildings hold virtually no value unless an extensive historic renovation were completed, but the opportunity is fantastic. Tilghman is an historic waterfront town that features a waterman's museum, marina, many restaurants, and established neighborhoods/communities such as Tilghman on the Chesapeake, Fairbanks, and Black Walnut Point. In addition to restoring the buildings, there may be opportunity to build new. A truly iconic piece of Tilghman history. Property being sold "As-Is."
BRIGHT MLS #MDTA2008980
Aug 29, 2025
Listing Removed
—
Mar 4, 2025
Price Changed
$699,000
$130/sq ft
Nov 25, 2024
Price Changed
$789,000
$146/sq ft
Sep 26, 2024
Listed
$875,000
$162/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,363 (+16.6%)
2025
$3,741 (+8.8%)
2024
$3,439 (+13.9%)
$102,000 + $310,400
$412,400
2023
$3,018 (+17.0%)
2022
$2,580 (+6.8%)
2021
$2,416 (+8.0%)
$102,000 + $225,700
$327,700
2020
$2,237 (+4.6%)
2019
$2,139 (+8.4%)
2018
$1,973 (+10.5%)
2017
$1,786 (+12.5%)
2015
$1,587 (+42.1%)
$108,000 + $140,500
$248,500
2014
$1,117 (+2.8%)
$168,000 + $168,100
$336,100
2013
$1,086 (+6.1%)
2012
$1,024 (−2.6%)
2011
$1,052 (+3.2%)
2010
$1,020 (+1.1%)
2009
$1,008
Public record
Public record
Zoning
Beds
—
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
2 Acres
Year renovated
—
Sq. Ft.
3,904
Year built
1900
Style
Single Family Residential
County
Talbot County
APN
05 179939
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
VM
Village Mixed District
The Village Mixed District provides for low- or moderate-intensity residential and commercial uses. This district may contain a mixture of residential, commercial, and maritime/agricultural service uses. The commercial and service uses serve residents of the village and nearby areas, and may include heritage tourism uses to attract visitors. Limited new development is directed to this district so that the environment and natural resources of nearby rural areas are protected and preserved. These districts may have public water and/or sewer service with relatively smaller lots and higher densities than surrounding rural areas.
Permitted uses
Include but are not limited to:
Gas station
Bank
Day care facility
General retail
Restaurant
Housing-Group
Housing-Single unit
Office
Fire house
Police station
Property details
Parking
Parking Information
# of Attached Garage Spaces: 3
Garage Features: Oversized
# of Total Garage and Parking Spaces: 3
Has Garage
# of Garage Spaces: 3
Attached Garage
Interior
Bedroom Information
# of Bedrooms On Main Level: 9
Bathroom Information
# of Bathrooms (Half) On Main Level: 1
# of Bathrooms (Full) On Main Level: 2
# of Bathrooms (Half): 1
# of Bathrooms (Full): 2
Interior Information
Living Area Sq.Ft. Source: Assessor
Basement Information
Basement: No
Exterior
Property Information
Not Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $310,400
Ownership Interest: Fee Simple
Property Condition: Below Average
Year Built Source: Assessor
Building Information
Construction Materials: Frame
Foundation Details: Other
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Lot Information
Tidal Water: No
Land Information
Land Assessed Value: $102,000
Above Grade Information
Finished Sq.Ft.: 5,389
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
County Tax: $3,774
Tax Assessed Value: $412,400
Tax Year: 2025
Tax Annual Amount: $3,774
Assessments Information
Year Assessed: 2025
Utilities
Utilities Information
Heating Fuel: Oil
Sewer Septic: Public Sewer
Water Source: Private
Location
School Information
School District Name: TALBOT COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
Outside City Limits
Directions: Rte. 33 to Tilghman, over the drawer bridge, property on the right at the corner of Tilghman Island Road and Mission Road.
Public facts
Beds: —
Baths: 3.0
Sq. Ft.: 3,904
Stories: 2.0
Lot Size: 2 acres
Style: Single Family Residential
Year Built: 1900
Year Renovated: —
County: Talbot County
APN: 05 179939
Home facts updated by county records on Aug 26, 2026
Around this home
Schools
Tilghman Elementary School
Public PreK-5 • Assigned • 0.3mi
2/10
St. Michaels Middle/High School
Public 6-12 • Assigned • 7.6mi
6/10
Provided by GreatSchools
Climate risks
4/10 Flood Factor
Estimated 14-22% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 105° expected this year, 15 days in 30 years
6/10 Wind Factor
75% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Tilghman, MD • 21671
Average low and high temperatures (°F)
38
27
42
31
57
43
66
52
72
60
82
70
87
76
82
71
77
66
68
56
58
47
44
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$492,000 – $595,000
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