$950,000

241 Bank St Chesapeake City, MD 21915

$10,000
Closing credit¹
7 beds
6 full, 1 partial
5,487 sqft
0.09 acres
$173 / sqft
House

Property details

About 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.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Zoned
StatusActive
(ACTIVE)
CoolingCeiling Fan(s), Central Air
Size5,487 sqft
BasementYes
Lot size0.09 Acres
Year built1859
ParkingDriveway,On Street
MLS #MDCC2016224
FireplaceBrick
ViewCanal, Water

Summary

  • MLS Number: MDCC2016224
  • MLS Name: BRIGHT
  • Office Name: Patterson-Schwartz Real Estate
  • Office Phone: (410) 885-1606
  • Office Email: amber@psre.net
  • Listing Agent: Amber L. Durand
  • Agent Phone: (410) 877-5093
  • Agent Email: amber@psre.net

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring covered porch and a balcony

$950,000

241 Bank St

$10,000

closing credit¹

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Seller rebate

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Price information

Property sales

DateEventPrice
Aug 29, 2017
Home Sold
$445,000
Nov 08, 2013
Home Sold
$432,500
Aug 27, 2010
Home Sold
$445,000

Tax history

YearAssessmentProperty Tax
2024$480,000$7,447
2023$465,500$6,908
2022$451,000$5,079
2021$436,500$6,681
2020$424,200$6,841
2019$411,900$6,643
2018$399,600$6,482
2017$399,600$6,402

History based on county public records data.

Nearby schools

7

Chesapeake City Elementary School

Public District PK-5

0.3 mi

214 3rd St

9

Olive B. Loss Elementary School

Public District 1-5

4.3 mi

200 Brennan Blvd

4

Holly Hall Elementary School

Public District PK-5

4.4 mi

233 Whitehall Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $91,071. The most common annual income of people living in Chesapeake City, MD is between $100k-200k. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
33%
35k-100k
42%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

31%
Single, No Kids
7%
Single, with Kids
39%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
9%
12-17 yrs old
15%
18-34 yrs old
49%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • College FootballCollege Football
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • Best BuyBest Buy
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • ArbysArbys
  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • GMCGMC
  • RamRam
  • LexusLexus

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • Contemporary ChristianContemporary Christian
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 241 Bank St

This home is located at 241 Bank St in Chesapeake City, MD and zip code 21915. This 5,487 square foot home, which was built in 1859, sits on a 0.09 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $950,000.

In February 2025, from all listings sold in Chesapeake City, MD there were more than 1 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price. In February 2025 in Chesapeake City, MD there were 28.6% more homes for sale than in January. The median list price of listings available in February 2025 was $419,000, while the average time on the real estate market was 3 days.

From Rocket Homes Real Estate and based on county public records data.

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