The median home value in Oldtown, MD is $138,000.
This is
higher than
the county median home value of $112,000.
The national median home value is $308,980.
The average price of homes sold in Oldtown, MD is $138,000.
Approximately 62% of Oldtown homes are owned,
compared to 14% rented, while
22% are vacant.
Oldtown real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Oldtown real estate agent to arrange a tour today!
Learn more about Oldtown.
TO APPREICATE THE BEAUTIFUL LAYOUT, VIEWS AND EVERYTHING THIS PROEPRTY OFFERS, YOU MUST WATCH THE COMPREHENSIVE VIDEO TOUR. CONTACT LISTING AGENT FOR A LINK IF NEEDED. Is acreage, privacy, unlimited building potential or family compound/family development land on your checklist? This property may be it! Located in Allegany County near Oldtown, Maryland just 2.5 miles from the South Branch of the Potomac River and the storied C&O Canal, you'll find this rolling, improved, wooded 218 acres. Turning off of Lower Town Creek Road, you'll pass through the security gate and enter Borrowed Time Lane. This private, well maintained gravel road (with erosion control berms) will eventually lead you about one mile through gradual hills, valleys, gentle turns, and beautiful views back to the main dwelling. The first stop along the way is the previous in-law dwelling which is an 1,146 square foot manufactured home on its own well and septic with NEW SHINGLE ROOF. Here you'll find a primary bedroom, en-suite bath, guest bedroom, another full bathroom, inviting living room area, combination kitchen/dining area, screened rear deck area, bonus room and laundry closet. Once updated, this dwelling could continue to be used as an in-law residence, au-pair residence, guest residence or combination/consolidation family residence. Continuing on, your next stop will be the 1,400 square foot poultry/animal pen offering beautiful valley views and plenty of room for expansion. The next stop along the way features a 24x16 equine/animal barn as well as a 1.5 acre fenced corral. If horses or animals are on your checklist, this is set up and ready to go. How does one maintain all of this beautiful land? With the 1,176 square foot pull-through pole barn/maintenance building offering plenty of room for your maintenance equipment, four-wheelers, loaders, etc. Last but certainly not least is the 1,980 square foot main residence. This was intended to be the owner's temporary residence as he built his dream home but as sometimes happens, circumstances change and that was never started. This can now be your opportunity to pick up where he left off and select the location, size and attributes of your dream home on this beautiful property. Whether you build an additional home or are happy living here, you'll find that this dwelling offers an open kitchen/dining/flex space area, wood stove, sunken living room area, office area, laundry/utility room, 2 full bathrooms, 4 bedrooms, well and septic as well as a NEW METAL ROOF. Note that room counts and square footage are for both dwellings. Currently in Agriculture/Forestry Conservation Program. Can be subdivided into 10 (1) acre parcels if taken out or 6 acres if left in. Sound like this property may have what it takes for your needs? Initial showings will require a 48-hour advance notice and require either proof of funds (if cash buyer) or verified pre-approval prior to scheduling. Please contact listing agent to arrange. Initial showings will entail a preview of the property and access to all buildings. The owner will meet buyers and their agent at the entrance gate for access. A follow-up showing can then be arranged with the owner to ride the property boundaries and trails if desired.
ONLINE AUCTION: Bidding begins 6/17/25 @ 10:00am, bidding ends 6/19/25 @ 12:10pm. List price is the suggested starting bid. Deposit: $15,000. Detached home in the serene neighborhood of Oldtown, Maryland. Embrace the natural beauty surrounding you with nearby attractions like Warrior Mountain State Park, the Attractions of Cumberland, and the picturesque Rocky Gap State Park. Property is vacant. See below for more information.
Two houses on one 2 acre lot with a beautiful view of a stream. House is a 2 bedroom 1 bath 1000 sqft house that was remodeled in the early 90s. The second house is a 1788 sqft 3 bed, 2 bath mobile home that was put in new in 1988. Shared well and septic for both houses. Paperwork is avalible for satisfactory septic inspection and original septic approval from the health dept for septic upgrades done in 1988. Would make a great cash flowing investment property by renting each house out or have a nice vacation home to accommodate 2 families.
5 acre lot with a newly built block cabin. Cabin has new electric, water and sewer. Cabin just had interior finished with rough cut lumber and drywall. Has a beautiful rustic look. Please see photos for before and after of interior. Marketing as a hunting property and a weekend retreat cabin and being sold As Is. Property has been logged but presents some wonderful hunting. Many deer and turkeys traverse the property going back and forth between state land and farm land across the road. Some very nice deer have been taken off this small lot. Property has 2 separate right of ways in from Walnut Ridge Rd.
Check out this charming colonial style home, located outside of city limits! Plenty of parking in the driveway, or in the two car garage! On the inside you'll find plenty of spacious rooms, including a full living room, dining room, and study area! Very large open bonus room built above the garage, great for entertaining guest! Around back you'll find an enclosed sun room ! Spacious rear yard! Don't miss this one ! Located outside of city limits so no city taxes!!!!! Downtown Cumberland is approximately a 15 minute drive, enjoy the quiet country side all while having easy access to the convenience of downtown !
32 Acres! House is just under 4000 sq ft. Less than 20 years old. Built by professional builders for personal use. Currently a multi-family get away and hunting cabin. Adjacent to Green Ridge State Forest. Secluded and private, yet easily accessible from route 51. Featuring 11 bedrooms, this could easily be transformed into an income producing property. The perfect opportunity for a hunting lodge, Airbnb or wedding venue. Two decks, running the full length of the house, and a stand alone gazebo offer gorgeous views of the valley and mountains. The kitchen is loaded with top of the line commercial appliances. Has a full workshop. Most of the furniture will transfer with sale. This property has amazing potential. Agent must be present at viewing. This is a hunting property, do not enter without permission.
32 Acres! House is just under 4000 sq ft. Constructed by professional builders for private use as a multi-family get away and hunting cabin. Adjacent to Green Ridge State Forest. Secluded and private, yet easily accessible from route 51. Featuring 11 bedrooms, this could easily be transformed into an income producing property. The perfect opportunity for a hunting lodge, Airbnb or wedding venue. Two decks, running the full length of the house, and a stand alone gazebo offer gorgeous views of the valley and mountains. The kitchen is loaded with top of the line commercial appliances. Has full workshop. Most of the furniture will transfer with sale. This property has amazing potential. Agent must be present at viewing. This is a hunting property, do not enter without permission.