1 of 106

Want to see this home?

241 Bank Street

Chesapeake City, MD 21915

7 beds
7 baths
5,487 sqft
4,000 sqft lot
$173 per sqft
1859 build

This stunning six-bedroom, five-and-a-half bath, completely restored historic home is on the North side of Chesapeake City and has water views from three levels. The sale includes a turn-key income-producing Cottage home currently used as an Air B & B that comes fully stocked and furnished. The Schaefer family once used this immaculate 1859 home as the pilot house for the boat captains who took the ships up and down the canal. The cottage house was formerly used by the original family restaurant Schaefers to prepare their crab cakes as well. The main house consists of 4,711 Square feet of living space. As you enter the home, you are greeted by a foyer and powder room that leads to an extra-large dining room with new hardwood flooring. This space leads to a new open design kitchen to the right with luxury vinyl plank flooring, Exquisite Luxury line Montgomery quartz countertops, classic subway backsplash, stainless kitchen aid appliances, smart GE café double over, induction cooktop with exhaust, and soft-closing cabinets. This space has glass doors that lead to the fully fenced backyard courtyard. Off the dining room is a bright sunroom with a decorative fireplace that the sellers use as a 2nd dining room space. This could easily be decked out as a sunroom or small family room. To the left of the main dining room is a large yet cozy family room with a brick fireplace, built-ins, and French doors to the front porch with water views. The entire home has fresh, professional paint and new carpeting throughout. Heading upstairs to the 2nd level is a bright loft area/sitting room with decks on both sides. On this level, we have three bedrooms and three bathrooms. Bedroom #2 has a large sitting room, a private full bath, and a private water view deck; this bedroom could be used as a second Primary bedroom as well. There are also two additional bedrooms, #3 and #4, and two full baths. Bedroom #3 has a private bath, and access to the balcony, and Bedroom #4 has a private water view deck, and a large laundry room that completes this level. Heading upstairs to the third level, there are three bedrooms and two full baths. The primary bedroom has a full 4-piece bath and a private water-view deck. Bedrooms #5 and #6 share a hall bath with a skylight. Bedroom #5 also has a private water-view deck. The Carriage house is a gorgeous one-bedroom, one-bathroom 776-square-foot home with a fully functioning kitchen, quartz counter tops, ceramic floor, decorative fireplace, full bath, and laundry. Upstairs are an adorable family room and a bedroom. This income-producing unit is being sold fully stocked with existing furniture and supplies. The seller offers the website, domain & LLC for sale at an extra fee. The Property is zoned VC for Village Center, allowing Residential or commercial use. This home could easily be a Bed & Breakfast with an owner suite in the Carriage house, or remain in its current use. The cottage could be used for short-term rentals (current use) or a MIL Suite or adult child residence.

Listing courtesy of BRIGHT / Patterson-Schwartz Real Estate

Last checked: Checking… • Last updated Apr 7, 2025 •

MLS# MDCC2016224 —

The Building

Year Built:

1859
Year Built Source:

Estimated
Roof:

Asphalt, Shingle
New Construction:

No
Construction Materials:

Aluminum Siding, Vinyl Siding
Building Name:

None Available
Structure Type:

Detached
Historic:

Yes
Architectural Style:

A-Frame
Levels:

3
Door Features:

French, Storm
Window Features:

Double Pane, Vinyl Clad
Accessibility Features:

None
Foundation Details:

Block
Basement:

Yes
Basement Type:

Connecting Stairway, Interior Access
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished SqFt:

5487
Above Grade Finished SqFt Source:

Assessor
Below Grade Finished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor

Interior

Interior Features:

Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-in Closet(s), Wood Floors, Other
Room List:

Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Sun/Florida Room, Laundry, Loft, Bedroom 6, Bathroom 2, Bathroom 3, Primary Bathroom, Full Bath, Half Bath
Room Count:

11
Flooring Type:

Carpet, Ceramic Tile, Hardwood, Luxury Vinyl Plank
Fireplace:

Yes
Fireplaces:

3
Fireplace Features:

Brick
Wall & Ceilings:

Cathedral Ceilings, Dry Wall
Living Area SqFt Source:

Assessor
Living Area Units:

Square Feet

Room Dimensions

Total SqFt:

5487
Living Area SqFt:

5,487 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Negotiable, Subject to Home Choice

Location

Directions:

Route 213 toward North Chesapeake City, left Lock Street to house on right of Lock Street and Bank Street
Cross Street:

Lock Street
Latitude:

39.53024500
Longitude:

-75.81103400
Location Type:

Canal

The Property

Property Type:

Residential
Property Condition:

Excellent
Lot Size Units:

Square Feet
Lot Size Acres:

0.09
Lot Size Source:

Estimated
Lot SqFt:

4,000 Sqft
Inclusions:

Carriage house furniture & all supplies
Exclusions:

Dining Room light fixture, Washer & Dryer, Refrigerator
Zoning:

VC
Zoning Description:

Village Center
View:

Canal, Water
In City Limits:

Yes
Outdoor Living Structures:

Deck(s), Patio(s), Porch(es), Balconies- Multiple, Brick
Other Structures:

Above Grade, Below Grade
Horse:

No
Waterview:

Yes
Fencing:

Rear
Waterfront:

Yes
Waterfront Features:

Boat/Launch Ramp - Public
Water Oriented:

Yes
Water Access:

Yes
Water Access Features:

Boat - Powered
Distance To Water:

Blocks
Water Body Name:

C & D Canal
Water Body Type:

Canal
Navigable Water:

Yes
Water Frontage In Feet:

100
Land Use Code:

Residential or Commercial
Land Lease:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

0802003139
Tax Year:

2024
Tax Annual Amount:

$7,668
Tax Assessed Value:

$480,000
Year Assessed:

2024
City/Town Tax:

2467.00

Beds

Bedrooms:

7
Bedrooms Main Level:

1
Upper Level Bedrooms:

6
Upper Level 1 Bedrooms:

3
Bedrooms Upper Level:

3

Baths

Total Baths:

7
Full Baths:

6
Half Baths:

1
Main Level Baths:

1.00
Main Level Half Baths:

1
Upper Level Full Baths:

6
Upper Level Total Baths:

6
Upper Level Total Baths:

4.00
Upper Level 2 Total Baths:

2.00
Upper Level Full Baths:

4
Upper Level 2 Full Baths:

2

The Listing

Virtual Tour

Heating & Cooling

Cooling Type:

Ceiling Fan(s), Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air, Zoned
Heating Fuel:

Propane - Leased

Utilities

Utilities:

Cable TV
Sewer/Septic:

Public Sewer
Electric Service:

200+ Amp Service
Hot Water:

Electric
Water Source:

Public
Internet Services:

Broadband, Cable

Appliances

Appliances:

Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Icemaker, Oven - Double, Oven - Wall, Oven/Range - Electric, Range Hood, Stainless Steel Appliances, Washer - Front Loading, Water Heater
Laundry Type:

Upper Floor

Schools

School District Name:

Cecil County Public Schools
School District Source:

Listing Agent

The Community

Subdivision Name:

None
Senior Community:

No
Exterior Features:

Extensive Hardscape, Exterior Lighting, Flood Lights, Sidewalks
Pool:

No Pool
Spa:

No
Community Docks Count:

1
HOA:

No
Condo/Coop Association:

No

Parking

Total Garage and Parking Spaces:

1
Garage:

No
Type of Parking:

Driveway, On Street
Driveway - # of Spaces:

1

Extra Units

Vacation Rental:

Yes

Monthly cost estimate

Asking price

$950,000

Expense	Monthly cost
Mortgage	$5,086
Taxes	$639
Insurance	$261
Utilities	$404 See report
Total	$6,390/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/7/25 Apr 7, 2025	Sold Subject To Contingencies	BRIGHT	$950,000
3/13/25 Mar 13, 2025	Listed / Active	BRIGHT	$950,000

Want a closer look?

Go see 241 Bank Street

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Chesapeake City, MD

Similar sold homes

This house located in Chesapeake City, MD 21915 is currently for sale for $950,000. 241 Bank Street is a 5,487 square foot house with 7 beds and 7 baths.

Listing Courtesy of: BRIGHT and Patterson-Schwartz Real Estate.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.