5307 Elburn Lane presents a compelling assisted living investment in Maryland’s Eastern Shore, offering immediate operational scale through approved bed expansion. The property currently supports 8 licensed beds, with approved plans to double capacity to 16 beds, significantly enhancing revenue potential without the delays or uncertainties of zoning or permitting. Positioned on ±8.68 acres, the site provides a quiet, residential setting ideal for senior care, while remaining accessible to Rock Hall, Chestertown, and regional healthcare services. The combination of existing operations, expansion approval, and limited competitive inventory makes this offering well‑suited for both owner‑operators and strategic investors
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Listing Snapshot
Price
$2,550,000
Days On Site
36 Days
Bedrooms
N/A
Inside Area (SqFt)
3,457 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
8.68 Acres
Year Built
2007
MLS® Number
MDKE2006272
Status
Active
Property Tax
$10,962
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
a month ago
Listing first seen on site
a month ago
Listing updated with changes from the MLS®
General Features
Acres
8.68
Parking
Driveway
Parking Spaces
10
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Total
3457
Water Source
Well
Zoning
CARRR
Interior Features
Cooling
Central AirElectric
Heating
Other
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Exterior Features
Construction Details
Other
Community Features
Accessibility Features
Accessible Full BathAccessible EntranceAccessible Hallway(s)Customized Wheelchair Accessible
School District
KENT COUNTY PUBLIC SCHOOLS
Schools
School District
KENT COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Eastern Shore Real Estate, LLC
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