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241 Bank St, 
Chesapeake City, MD 21915

$950,000


7

Beds


7

Baths


5,487

Sq Ft


Single Family


Virtual Tour

Pending

Listed by

Amber L. Durand

Patterson-Schwartz Real Estate

Last updated:

May 7, 2025, 07:29 AM

MLS#

MDCC2016224

Source:

BRIGHTMLS

About This Home

241 Bank St

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.

Home Facts

Single Family

7 Baths

7 Bedrooms

Built in 1859

Price Summary

950,000

$173 per Sq. Ft.

MLS #:

MDCC2016224

Last Updated:

May 7, 2025, 07:29 AM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

6

Interior

Living Area:

5,487 Sq. Ft.


Structure

Structure

Architectural Style:

A-Frame

Building Area:

5,487 Sq. Ft.

Year Built:

1859


Lot

Lot Size (Sq. Ft):

3,920


Finances & Disclosures

Finances

Price:

$950,000

Price per Sq. Ft:

$173 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s 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 is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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