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$1,402,000
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Property Description
Step Back in time and experience the charm of Eastern Shore living with this rare waterfront property overlooking the exciting waters of Eastern Bay. Set on 2.7 acres with secure and elevated shoreline, private dock, and powered boat lift, this estate offers the perfect balance of privacy, relaxation and endless potential. The property features two dwellings with a combined total of six bedrooms, making it an ideal summer retreat or year round haven. The main house welcomes you with a striking 60-foot entrance hallway leading straight to the water, opening onto wide porches on every side- both open and screened- for seamless indoor-outdoor living. Cozy family room with wood burning fireplace adjoins country kitchen opening to screened porch and great outdoor living. Upstairs brings you to a grand entertaining space that opens to a three season covered porch with breathtaking views of the bay and provides bunk space for family and friends. Just steps away from the main house, the guest house provides additional comfortable living spaces. Designed to bring in natural light and water views it offers useful , defined spaces connected by light filled hallways Fully equipped kitchen and adjoined dining, living room, fabulous utility room and two generous bedrooms all with the same sweeping water views. Shaded by mature planting, the grounds offer privacy and the natural beauty of the Eastern Shore, The property is further enhanced by a sturdy dock, charming potting shed, outdoor water-view shower and unique metal Gazebo close to the waters edge. Ample friendly parking and a circular driveway offer ease and a welcome entrance to the property. Originally built in 1909 by the Rice family from Baltimore and used by the family for many years as a summer get away until sold in the 1970's .Subsequent owners continued the summer get away use , continual remodeling and updating brought forth numerous magazine features in Veranda, Country Life and the Baltimore Sun highlighting the clever use of space , style and the remarkable setting. This beloved property is ready for its next chapter. with a bit of updating, it can be restored to its full brilliance as a classic waterfront estate.
Full Property Details
Full Property Details for 9998 Wades Farm Ln
General
- Sold For: $1,402,000
- Taxes: $7,449 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDTA2011936
- Added to Site: 119 day(s) ago
Interior
- Interior Features: 2nd Kitchen, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Country, Kitchen - Eat-In, Wood Floors
- Appliances: Water Heater, Water Conditioner - Owned, Washer, Stove, Refrigerator, Oven/Range - Gas
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
- Upper Floor Baths: 2
- Upper - Full Baths: 1
- Upper - 1/2 Baths: 1
- Main Floor Baths: 2
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 6
- Bedrooms Upper: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Main Floor, Upper Floor
Exterior
- Exterior Features: Outbuilding(s), Outside Shower
Parking
- Total Spaces: 6
- Parking Features: Circular Driveway, Crushed Stone
- Parking Type: Driveway, Off Street
Location
- County: Talbot
- Development Name: McDaniel
- Subdivision: McDaniel
- Driving Directions: Route 33 through Saint Michaels- follow along and make a right onto Wades Farm Lane ( directly across from New Road ) WADES FARM LANE IS A BLUE SIGN - Long gravel drive to the end- second house sign posted.
- Location Details: River
School Information
- School District: Talbot County Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Private Septic Tank
- Water: Public
- Dist. to Water: 200 Feet
Structural Information
- Architectural Info: Cape Cod, Coastal, Farmhouse/National Folk
- Architectural Style: Cape Cod, Coastal, Farmhouse/National Folk
- Structure Type: Detached
- Construction: Frame
- Foundation: Crawl Space
- Roof: Architectural Shingle
- Stories/Levels: 0
- Stories Description: Main, Upper 1
- Square Feet: 3,623
- Sq. Ft. Source: Assessor
- Living Area: 3,623 Sq. Ft.
- Year Built: 1909
- Year Built Source: Estimated
- Property Condition: Good
Additional Structures
- Other Structures: Gazebo, Shed, Shed Shop
Lot Features
- Property View: Water, Scenic Vista, River, Panoramic
- Lot Size (Acres): 2.73
- Lot Size (Sq. Ft.): 118,919
- Lot Size Source: Assessor
- Lot Features: Bulkheaded, Fishing Available, Landscaping, Level, Private, Rip-Rapped
- Zoning: RESIDENTIAL
- Lot Description: Bulkheaded, Fishing Available, Landscaping, Level, Private, Rip-Rapped
Water Features
- Water Front: Yes
- Water View: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Boat - Powered, Private Access
- Water Front Type: River
- Water Front Name: Eastern Bay
- Dock/Slip Conveys: Yes
- Docks: 1
Financial Considerations
- Price Per Sq. Ft.: $357.44
- Assessment Year: 2025
- County Tax: $7,449
- County Tax Freq: Annually
- Tax w/Assessment: $851,400
- Tax Amount: $7,449
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3623
Disclosures and Reports
- Ownership: Fee Simple
Listed by Benson & Mangold, LLC, Kelly Y Showell
Sold by Benson & Mangold, LLC, Brian K Gearhart
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Schools
Schools serving 9998 Wades Farm Ln
School District:Talbot County Public Schools
| Name | Grades | Distance |
|---|---|---|
Tilghman Elementary School 21374 Foster Ave, Tilghman Island, MD 21671 | K-6 | 8 mi |
St. Michaels Middle/High School 200 Seymour Avenue, Saint Michaels, MD 21663 | 7-12 | 5.5 mi |
Easton High School 723 Mecklenburg Avenue, Easton, MD 21601 | 9-12 | 13.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9998 Wades Farm Ln
Date
Details
Price
Change
Source
10/15/2025
Sold
$1,402,000
8.26%
MLS
9/19/2025
Listed
$1,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9998 Wades Farm Lane, McDaniel, MD 21647 (MLS# MDTA2011936) is a Single Family property that was sold at $1,402,000 on October 15, 2025. Want to learn more about 9998 Wades Farm Lane? Do you have questions about finding other Single Family real estate for sale in McDaniel? You can browse all McDaniel real estate or contact a Coldwell Banker agent to request more information.

