This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/67
$750,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/67
Property Description
Price Reduced! For Sale: A rare and exceptional property located in the historic Town of New Windsor. Commonly referred to as, "Atlee House", 120 Water Street ("The Property") once operated as a full-service Bed & Breakfast and Cafe. The Colonial-style mansion is +/- 5,242 sf in size and improved with 6 bedrooms, 5 full bathrooms, 3 half bathrooms, and a private owner's quarters on +/- 0.88-acres. 120 Water Street was originally built c. 1800 by Isaac Atlee, who founded the town of New Windsor. This property combines an impressive structure with an incomparable location, sure to be of interest to religious and institutional organizations as well as those seeking an impressive country estate. Purchase price is based on conveying the property vacant with attached commercial kitchen equipment but ownership will consider selling most of the Furniture, Fixtures & Equipment (FF&E) for additional consideration. 120 Water Street presents a truly rare opportunity to become a part of the New Windsor community in Carroll County, Maryland.
Full Property Details
Full Property Details for 120 Water St
General
- Price: $750,000
- Taxes: $5,682 (2024)
- Status: Active
- Type: Commercial Institutional
- Source: BrightMLSMidAtlantic
- MLS ID: MDCR2023926
- Updated: 12/17/2025
- Added to Site: 435 day(s) ago
Business
- Business Type: Institutional, Professional, Religious Facility, Scho
Interior
- Flooring: Wood, Carpet, Ceramic Tile
Parking
- Total Spaces: 8
- Parking Features: Paved Parking, Private
- Parking Type: Driveway, Parking Lot
Location
- County: CARROLL
- Driving Directions: Route 140W to Left on Route 31 - Continue on to Min Street in New Windsor - Right on Water Street to property.
- City Limits: Yes
School Information
- Elementary School: Elmer A Wolfe
- Middle School: Northwest
- High School: Francis Scott Key Senior
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ceiling Fan(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air, Zoned, Heat Pump(s)
- Heating Fuel: Propane - Owned, Electric
- Water Heater: 60+ Gallon Tank
Utilities
- Sewer: Public Sewer, On Site Septic
- Water: Public, Well
- Utility Description: Propane, Water Available, Electric Available, Cable TV Available
Structural Information
- Construction: Brick, Wood Siding, Combination
- Roof: Metal, Asphalt
- Building Size: 5242
- Year Built: 1800
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: Garden/Lawn
- Lot Size (Acres): 0.88
- Lot Size (Sq. Ft.): 38,332
- Lot Size Source: Estimated
- Zoning: COMMERCIAL
- Lot Description: Landscaping
Financial Considerations
- Price Per Sq. Ft.: $143.08
- Assessment Year: 2024
- City/TownTax: $1,056
- City/TownTax Freq: Annually
- Tax w/Assessment: $404,000
- Tax Amount: $5,682
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
Listed by Hogan Companies Residential, Victor White
Get Pre-Approved Today
Schools
Schools serving 120 Water St
School District:Carroll County Public Schools, Westminster, MD
| Name | Grades | Distance |
|---|---|---|
Elmer A. Wolfe Elementary School 119 North Main Street, Union Bridge, MD 21791 | PK-5 | 4.2 mi |
Northwest Middle School 99 Kings Drive, Taneytown, MD 21787 | 6-8 | 8.1 mi |
Francis Scott Key High School 3825 Bark Hill Road, Union Bridge, MD 21791 | 9-12 | 3.6 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 120 Water St
Date
Details
Price
Change
Source
10/02/2025
Price Reduced
$750,000
-6.13%
MLS
5/14/2025
Price Reduced
$799,000
-6%
MLS
11/13/2024
Listed
$850,000
115.19%
MLS
8/30/2019
Sold
$395,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 Water St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,622
—
$412,633
2%
2023
$5,622
23%
$404,000
—
2022
$4,565
-15%
$404,000
-4%
2019
$5,359
-8%
$418,800
—
2021
$5,828
—
$418,800
—
2020
$5,828
-5%
$418,800
-6%
2019
$6,143
—
$444,700
—
2018
$6,143
—
$444,700
—
2017
$6,143
-2%
$444,700
-2%
2016
$6,278
4%
$454,500
—
2015
$6,052
-1%
$454,500
—
2014
$6,097
—
$454,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 Water St
120 Water Street, New Windsor, MD 21776 (MLS# MDCR2023926) is a Commercial Institutional property. 120 Water Street is currently listed for $750,000 and was received on November 13, 2024. Want to learn more about 120 Water Street? Do you have questions about finding other Commercial Institutional real estate for sale in New Windsor? You can browse all New Windsor real estate or contact a Coldwell Banker agent to request more information.

