Fixer-Upper Opportunity in Lonaconing: 4-Bedroom Home on 0.6 Acres

A Remarkable Renovation Opportunity in Western Maryland

For buyers searching for an affordable real estate investment with room for creativity and long-term potential, this two-story single-family residence in Lonaconing, Maryland offers an intriguing opportunity. Built in 1920, the property features approximately 1,932 square feet of finished above-ground living space, four bedrooms, one full bathroom, an attached two-car garage, and approximately 0.6 acres of land.

The home is being offered as a fixer, making it particularly interesting for buyers who are comfortable taking on a renovation project. Rather than paying a premium for a completely remodeled property, an investor, contractor, first-time buyer, or renovation-minded homeowner may have the opportunity to transform this older residence according to their own plans and preferences.

With public water and public sewer already available, two parking spaces, no HOA, and additional parcels included with the sale, this property presents several characteristics that can appeal to buyers looking for an affordable property with redevelopment or renovation possibilities.

Property Overview

This Lonaconing property combines several features that are increasingly attractive to value-oriented real estate buyers. The residence offers a substantial amount of above-ground space, a manageable lot size, and a classic early-20th-century construction date.

Here are some of the key facts:

• Property type: Single-family residence
• Year built: 1920
• Living area: Approximately 1,932 square feet
• Bedrooms: 4
• Bathrooms: 1 full bathroom
• Stories: 2
• Lot size: Approximately 0.6 acres
• Garage: Attached two-car garage
• Heating: Electric wall unit
• Cooling: None listed
• Water: Public
• Sewer: Public sewer
• HOA: None
• Zoning: R
• Condition: Fixer
• Ownership: Fee simple
• Pool: None
• Basement: No
• Year listed: 2026

The combination of four bedrooms and nearly 2,000 square feet makes this property notably larger than many entry-level homes, while the fixer condition provides an opportunity for customization.

Four Bedrooms With Plenty of Possibilities

One of the most appealing aspects of this home is its four-bedroom layout. A property with four bedrooms can serve a wide range of purposes after renovation, from a primary residence for a larger household to a long-term rental property, depending on local regulations, renovation costs, and the buyer’s intended use.

The home’s two-story configuration can also provide useful separation between living areas and bedrooms. Buyers undertaking a renovation may be able to rethink the interior layout and create a more functional floor plan while preserving some of the property’s original character.

Because the residence was constructed in 1920, renovation-minded buyers may find opportunities to combine traditional architectural elements with modern finishes. The exact renovation possibilities should be evaluated by qualified professionals, particularly because the listing identifies the property as a fixer.

Approximately 1,932 Square Feet of Interior Space

With approximately 1,932 square feet of finished above-ground living area, there is a significant amount of space to work with.

For an investor, square footage is an important consideration when estimating renovation potential. A larger structure can provide opportunities to create comfortable bedrooms, updated living areas, a modern kitchen, improved bathroom space, storage, and other features that today’s buyers and renters may value.

The property does not have a basement, and the listing reports no finished area below ground. This can simplify certain aspects of planning because the primary living space is concentrated above ground.

However, any renovation should begin with a detailed inspection. Older homes can have unique structural, electrical, plumbing, roofing, insulation, and other considerations that should be evaluated before a buyer commits to a renovation budget.

A Classic 1920 Home Ready for a New Vision

There is something distinctive about owning a home that dates back more than a century. Built in 1920, this residence represents an earlier era of American residential construction.

While the home is currently classified as a fixer, its age may be part of its appeal. Renovation projects often attract buyers who appreciate the opportunity to create something different from a typical modern subdivision property.

A buyer could potentially approach the renovation with a preservation-minded strategy, a modern redesign, or a combination of both. Original architectural details that remain on the property could potentially become focal points, while outdated systems and finishes could be addressed as part of the modernization process.

The actual condition of the structure should always be confirmed through professional inspections, but the property’s age gives renovation enthusiasts plenty to think about.

Attached Two-Car Garage

Parking is another significant feature of this property.

The home includes an attached two-car garage, with garage-facing-side configuration noted in the listing. Having two attached garage spaces can provide valuable convenience for future occupants.

Beyond vehicle parking, garage space can also be useful for storage, tools, outdoor equipment, workshop activities, or other household needs, subject to applicable regulations and the property’s condition.

For buyers planning a renovation, the garage can also be an important practical asset during the improvement process. Storage areas can help accommodate equipment and materials while work is underway.

Approximately 0.6 Acres of Land

The property sits on approximately 0.6 acres, providing more land than a compact urban lot while remaining relatively manageable.

The listing also identifies additional lots and additional parcels included with the property. Specifically, parcels 0110015243 and 0110014808 are listed in the property information.

This additional land component could increase the property’s appeal for buyers interested in having more outdoor space or exploring potential future uses. Any development, subdivision, construction, or alternative use would depend on zoning requirements, parcel configuration, access, utilities, setbacks, and local approvals.

For that reason, prospective buyers should verify all land-related possibilities directly with the appropriate local authorities before making assumptions about development potential.

No HOA

Another noteworthy feature is the absence of a homeowners association.

The property is listed as having no HOA, which may be attractive to buyers who prefer not to have association fees or additional community restrictions.

Without an HOA, homeowners may have greater flexibility in how they manage and maintain their property, although local zoning regulations, building codes, and other municipal requirements still apply.

For investors, avoiding monthly HOA dues can also be an important consideration when evaluating the potential economics of a property.

Public Water and Public Sewer

The property is connected to public water and public sewer, according to the listing information.

Access to public utilities can be an advantage compared with properties that depend on private wells and septic systems. Buyers considering renovation should nevertheless verify the current condition and functionality of all utility connections.

For an older home, plumbing infrastructure deserves particular attention during an inspection. A renovation may reveal opportunities or requirements for updating pipes, fixtures, electrical systems, water heating, and other components.

The property includes an electric water heater, while heating is listed as an electric wall-unit system.

Heating and Cooling Considerations

The listing reports wall-unit electric heating and does not list a cooling system.

This is an important consideration for buyers developing a renovation budget. Depending on the property’s existing infrastructure, local climate, and the buyer’s desired level of modernization, future improvements could potentially include upgraded heating or cooling systems.

Any HVAC installation should be evaluated by a qualified professional who can determine what equipment and configuration would be appropriate for the structure.

Energy efficiency may also become an important component of the renovation strategy. Depending on the home’s current condition, improvements to insulation, windows, air sealing, lighting, appliances, and heating and cooling systems could potentially improve comfort and operating efficiency.

A Property Designed for Renovation-Minded Buyers

Not every buyer is searching for a turnkey home. Some buyers specifically seek properties where they can add value through renovation.

This Lonaconing residence falls into that category.

Because the property is identified as a fixer, it may appeal to individuals with construction experience, real estate investors, contractors, house flippers, or homeowners willing to manage a substantial improvement project.

A successful renovation typically begins with understanding the difference between cosmetic upgrades and major structural or mechanical work. Painting, flooring, cabinets, fixtures, and landscaping may be relatively straightforward compared with foundation work, electrical replacement, plumbing repairs, roof replacement, or structural rehabilitation.

A professional inspection can help establish priorities before renovation work begins.

Potential Investment Perspective

Affordable fixer properties can sometimes attract real estate investors because they provide an opportunity to acquire a property at a lower initial price and potentially add value through improvements.

The listed price per square foot is approximately $18, based on the supplied listing information. This figure should not be interpreted as a guarantee of value or future returns, but it does highlight the property’s positioning as an exceptionally low-cost opportunity relative to its total living area.

Investors should perform their own due diligence, including researching comparable properties, estimated renovation costs, local rental demand, resale values, property taxes, insurance, financing costs, holding costs, and potential permitting expenses.

The property’s fee-simple ownership structure may also be attractive to buyers who want conventional ownership of the real estate, subject to the title and other applicable conditions.

An Affordable Entry Point Into Real Estate

For someone interested in entering the real estate market, the purchase of a fixer-upper can provide a different path than buying a newly renovated home.

Rather than paying for renovations already completed by someone else, the buyer can potentially determine where the improvement budget goes. This can be particularly appealing to experienced renovators who understand construction costs and have reliable contractors.

However, affordability should always be considered alongside renovation requirements. A low purchase price does not automatically mean a low total project cost.

The most important question is not simply how inexpensive the property is to purchase, but whether the acquisition price, renovation expenses, financing, taxes, insurance, and other costs make sense relative to the property’s potential value after improvements.

Potential Primary Residence

Although the property is currently listed as a fixer, its four-bedroom configuration and approximately 1,932 square feet could potentially make it suitable as a future primary residence after renovation.

A homeowner could design the interior around modern lifestyle needs while retaining the character of an older home.

Potential renovation priorities might include:

• Updating the kitchen
• Improving the bathroom
• Refinishing or replacing flooring
• Modernizing electrical systems
• Updating plumbing
• Improving insulation
• Replacing or repairing windows
• Improving heating and cooling
• Updating interior finishes
• Enhancing exterior appearance
• Improving landscaping
• Maximizing storage
• Modernizing lighting

The appropriate improvements will depend entirely on the property’s actual condition and the buyer’s budget.

Long-Term Rental Possibilities

The four-bedroom configuration may also make the property interesting to buyers exploring the long-term rental market.

Larger homes can appeal to families and households seeking additional bedrooms, although rental demand and achievable rents vary significantly by location and property condition.

An investor should research the local rental market before assuming that the property will generate a particular income level.

A detailed rental analysis should include comparable rental properties, vacancy rates, property management expenses, maintenance reserves, insurance, taxes, utilities, financing costs, and the estimated renovation budget.

Historic Character and Modern Potential

Older homes can offer a combination that newer construction sometimes cannot replicate: historic character combined with the opportunity for modernization.

A renovation of a 1920 property could potentially create an interior that feels contemporary while maintaining elements that reflect the home’s original era.

This approach has become popular among buyers who appreciate architectural character but still want modern functionality.

The finished result could potentially combine practical living spaces with updated materials, energy-conscious improvements, contemporary lighting, modern appliances, and carefully selected finishes.

Of course, preservation or restoration decisions should be based on the actual condition of the property and any applicable local requirements.

Location in Lonaconing

The property is located in Lonaconing, a community in western Maryland. Its setting may appeal to buyers who are interested in a smaller community environment rather than a large metropolitan market.

For prospective buyers, location research is an essential part of the purchase process. Before making an offer, buyers should investigate nearby employment centers, schools, healthcare services, shopping, restaurants, recreation, transportation routes, and other amenities important to their lifestyle.

The community setting may also appeal to people searching for a quieter environment and a property where they can take on a renovation project with a more personalized approach.

Why This Property Stands Out

Several characteristics make this listing worth a closer look:

Four bedrooms: The home provides a substantial bedroom count for a property in this price category.

Nearly 2,000 square feet: Approximately 1,932 square feet offers significant interior space.

Two-story design: The layout provides opportunities for separation between different areas of the home.

Two-car attached garage: Convenient parking and additional functional space.

Approximately 0.6 acres: A manageable parcel with meaningful outdoor space.

Additional parcels: The listing identifies additional parcels included with the sale.

No HOA: Buyers can avoid HOA fees and association-level restrictions.

Public utilities: Public water and sewer are listed.

Fee-simple ownership: The property is listed as fee simple.

Fixer opportunity: Renovation-minded buyers can potentially create a customized property.

Important Due Diligence Before Purchasing

Because the home is listed as a fixer and dates to 1920, due diligence is especially important.

Potential buyers should consider obtaining professional evaluations covering the structure, roof, foundation, electrical system, plumbing, heating system, water heater, windows, insulation, flooring, exterior materials, and other major components.

Buyers should also verify the boundaries and legal status of all parcels included in the transaction.

Zoning should be confirmed with the appropriate local authority, particularly for anyone considering additions, accessory structures, redevelopment, subdivision, or other changes.

Property taxes, insurance costs, financing terms, renovation expenses, and potential permitting requirements should also be included in the overall financial analysis.

A Blank Canvas for the Right Buyer

Some real estate opportunities are valuable because they are already finished. Others are valuable because they give the buyer the chance to create something new.

This Lonaconing fixer belongs in the second category.

The combination of four bedrooms, approximately 1,932 square feet, two levels, a two-car attached garage, approximately 0.6 acres, additional parcels, public utilities, and no HOA creates a foundation that may appeal to buyers with a clear renovation strategy.

Whether the goal is to create a personal residence, develop a long-term rental, or pursue an investment project, the property offers plenty of space to evaluate.

The key is understanding the renovation requirements and calculating the complete project cost before purchasing.

Final Thoughts

Affordable properties with substantial square footage can be difficult to find, particularly when they also include multiple bedrooms, garage space, land, public utilities, and no HOA.

This 1920 fixer in Lonaconing, Maryland offers approximately 1,932 square feet of above-ground living space, four bedrooms, one full bathroom, two stories, an attached two-car garage, and approximately 0.6 acres.

The property is not presented as a turnkey home. Instead, it offers an opportunity for a buyer who understands renovation and is prepared to evaluate the structure carefully.

For investors and homeowners alike, the most interesting aspect may be the potential to take an older property and give it an entirely new purpose. With careful planning, professional inspections, realistic budgeting, and attention to local regulations, a fixer-upper can become a highly personalized home or a potentially valuable real estate project.

As with any renovation property, buyers should conduct independent due diligence and verify all property information, zoning requirements, parcel details, utility conditions, and renovation costs before making a purchasing decision.

Listed on Zillow