affordable Maryland home

c.1925 Affordable Maryland Home For Sale Reduced to Under $50K

$60,000 Reduced to $49,900

The affordable Maryland home requires a total renovation yet the finished project could be a real show stopper. Situated high up on a hill, the three bedroom, two bath home features a unique layout with spacious room sizes, wood floors, enclosed porch and a garage with partially finished living space above the garage.

House View featured at 7 High St, Lonaconing, MD, 21539

Realtor Comments

This home is absolutely loaded with potential – if you have a vision, this property is the right one for you!  Home is being sold strictly AS-IS. Buyer to pay all transfer and recordation taxes. Seller only reviews offers on Mondays. Make an appointment today!
  • 3bed
  • 2bath
  • Circa 1925
Garage Indoor featured at 7 High St, Lonaconing, MD, 21539

7 High St, Lonaconing, MD 21539       $60,000 Reduced to $49,900

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended. 

Other Interiors featured at 7 High St, Lonaconing, MD, 21539
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Other Interiors featured at 7 High St, Lonaconing, MD, 21539
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Location of This Affordable Maryland Home

Lonaconing, Maryland, is a small town located in Allegany County in the western part of the state. It’s a former coal-mining town with a rich history and a close-knit community. Here’s a look at the pros and cons of living in Lonaconing:

Pros:

  1. Historical Significance:
    • Lonaconing has a deep history tied to the coal mining industry, and its historic sites, like the Lonaconing Silk Mill, offer a glimpse into the town’s industrial past. This gives the town a unique character and a sense of pride in its heritage.
  2. Affordable Cost of Living:
    • The cost of living in Lonaconing is relatively low, especially in terms of housing. This makes it an affordable place to live, particularly for those looking to buy property.
  3. Scenic Beauty:
    • Located in the Appalachian Mountains, Lonaconing offers beautiful natural surroundings, including forests, hills, and nearby rivers. It’s ideal for outdoor enthusiasts who enjoy hiking, fishing, and exploring nature.
  4. Small-Town Atmosphere:
    • With a population of just over 1,000 people, Lonaconing has a close-knit, small-town feel where residents often know each other and community ties are strong.
  5. Quiet and Peaceful Environment:
    • The town’s rural setting provides a quiet and peaceful lifestyle, free from the hustle and bustle of larger cities.
  6. Proximity to Outdoor Recreation:
    • Lonaconing is near several parks and recreational areas, such as Savage River State Forest and Deep Creek Lake, offering numerous opportunities for outdoor activities.

 

Cons:

  1. Limited Job Opportunities:
    • Lonaconing has limited local employment options, particularly since the decline of the coal industry. Many residents may need to commute to nearby towns or cities like Cumberland for work.
  2. Economic Challenges:
    • The town has faced economic difficulties due to the decline of the coal industry, which was once the backbone of the local economy. This has led to fewer economic opportunities and slower development.
  3. Limited Amenities and Services:
    • As a small town, Lonaconing has limited amenities such as shopping, dining, and healthcare services. Residents often need to travel to larger nearby towns for these services.
  4. Aging Infrastructure:
    • Some parts of the town have aging infrastructure, which may require attention and investment in the future. This includes older buildings and roads that may need maintenance.
  5. Isolation:
    • Lonaconing’s rural location can feel isolating, particularly for those who prefer the conveniences and social opportunities of urban areas. Public transportation options are limited, so a car is necessary for most residents.
  6. Weather:
    • The town experiences cold winters with significant snowfall, which can make travel and daily life challenging. The weather can also be unpredictable, with occasional severe storms.
  7. Limited Social and Cultural Activities:
    • While Lonaconing has a strong sense of community, it lacks the variety of social, cultural, and entertainment activities found in larger towns and cities, which might be a downside for some residents.

Lonaconing, Maryland, offers a quiet, affordable lifestyle with a rich historical background and scenic beauty. However, the town’s limited amenities, economic challenges, and isolation may not be ideal for everyone, particularly those seeking more opportunities for work, social activities, and modern conveniences.

Other Interiors featured at 7 High St, Lonaconing, MD, 21539
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Other Interiors featured at 7 High St, Lonaconing, MD, 21539
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Kitchen featured at 7 High St, Lonaconing, MD, 21539
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Kitchen featured at 7 High St, Lonaconing, MD, 21539
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Kitchen featured at 7 High St, Lonaconing, MD, 21539
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Kitchen featured at 7 High St, Lonaconing, MD, 21539
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Utility Room featured at 7 High St, Lonaconing, MD, 21539
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Bathroom featured at 7 High St, Lonaconing, MD, 21539
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Corridor featured at 7 High St, Lonaconing, MD, 21539
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Other Interiors featured at 7 High St, Lonaconing, MD, 21539
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Other Interiors featured at 7 High St, Lonaconing, MD, 21539
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Other Interiors featured at 7 High St, Lonaconing, MD, 21539
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Bathroom featured at 7 High St, Lonaconing, MD, 21539
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Other Interiors featured at 7 High St, Lonaconing, MD, 21539
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Bathroom featured at 7 High St, Lonaconing, MD, 21539
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Bathroom featured at 7 High St, Lonaconing, MD, 21539
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Porch featured at 7 High St, Lonaconing, MD, 21539
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Back Side featured at 7 High St, Lonaconing, MD, 21539
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Other Interiors featured at 7 High St, Lonaconing, MD, 21539
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Patio featured at 7 High St, Lonaconing, MD, 21539
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Other Interiors featured at 7 High St, Lonaconing, MD, 21539
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