Partially wooded 14+ acre parcel . Development potential of 11 lots permitted and recorded subdivision in highly sought-after Royal Oak . Sewer fees are paid and recorded. The lot is located within minutes of Bellevue /Oxford ferry & public marina. The last village Center Zoning community in Royal Oak. The property is being sold "as is" Lots of opportunity with this property. Uploaded in documents is the Critical Area Forest Preservation and FID Mitigation Plan Planting And Maintenance Agreement. Also the Talbot County Public Works Agreement and the Amendment as of December 2018. Flood Zones A5 has a 1% chance of being inundated by a flood in any given year. New construction or substantial improvement on the property is subject to federal, state, and local regulations. Flood insurance may be required in accordance with the provisions of FEMA. see FEMA Map Talbot county.
The median home value in Royal Oak, MD is $1,689,510. This is higher than the county median home value of $397,400. The national median home value is $338,100. The average price of homes sold in Royal Oak, MD is $1,689,510. Approximately 50.56% of Royal Oak homes are owned, compared to 10.69% rented, while 38.75% are vacant. Royal Oak real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Royal Oak real estate agent to arrange a tour today!
Royal Oak, Maryland has a population of 471. Royal Oak is more family-centric than the surrounding county with 22.79% of the households containing married families with children. The county average for households married with children is 22.67%.
The median household income in Royal Oak, Maryland is $155,982. The median household income for the surrounding county is $79,349 compared to the national median of $69,021. The median age of people living in Royal Oak is 56 years.
The average high temperature in July is 87.8 degrees, with an average low temperature in January of 27.9 degrees. The average rainfall is approximately 46.2 inches per year, with 10.3 inches of snow per year.