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120 WATER STREET, NEW WINDSOR, MD 21776

CARROLL County

Key Facts

5,242Sq Ft
1800Year Built
0.88Lot (acres)

Description

For Sale: A rare and exceptional property located in the historic Town of New Windsor. Commonly referred to as, “Atlee House”, 120 Water Street (“The Property”) once operated as a full-service Bed & Breakfast and Cafe. The Colonial-style mansion is +/- 5,242 sf in size and improved with 6 bedrooms, 5 full bathrooms, 3 half bathrooms, and a private owner’s quarters on +/- 0.88-acres. 120 Water Street was originally built c. 1800 by Isaac Atlee, who founded the town of New Windsor. This property combines an impressive structure with an incomparable location, sure to be of interest to religious and institutional organizations as well as those seeking an impressive country estate. Purchase price is based on conveying the property vacant with attached commercial kitchen equipment but ownership will consider selling most of the Furniture, Fixtures & Equipment (FF&E) for additional consideration. 120 Water Street presents a truly rare opportunity to become a part of the New Windsor community in Carroll County, Maryland.

Property Information

Property Type

Commercial Sale

Year Built

1800

Living Area

5,242 sq ft

Lot Size

0.88 acres

Parking Spaces

8

Zoning

COMMERCIAL

Days on Market

496

MLS® Listing#

MDCR2023926

Property Features

Cooling

Central AirCeiling Fan(s)Electric

Heating

ElectricPropaneForced AirZonedHeat Pump

Flooring

WoodCarpetCeramic Tile

Parking

PrivatePavedDrivewayParking Lot

Construction

BrickWood Siding

Roof

MetalAsphalt

Utilities

Cable AvailablePropaneWater AvailableElectricity Available

Sewer

Septic TankPublic Sewer

Water Source

PublicWell

Schools

Elementary:
ELMER A WOLFE
Middle:
NORTHWEST
High:
FRANCIS SCOTT KEY SENIOR
District:
CARROLL COUNTY PUBLIC SCHOOLS

Financial Details

Annual Taxes

$5,682

Tax year 2024

Assessed Value

$404,000

Parcel Number

0711002803

Directions

Route 140W to Left on Route 31 - Continue on to Min Street in New Windsor - Right on Water Street to property.

Affordability Calculator

$145,000

Estimated monthly payment

$3,859/mo

Principal $580,000 · Est. interest $809,152 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in NEW WINDSOR, MD

$508,571
Median Listing Price
48
Median Days on Market
2,303
Median Sq Ft
$231
Median Price / Sq Ft
102
Active Listings
  • This home’s price is 43% above the area median.
  • Its price per sq ft is 40% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in NEW WINDSOR, MD.

Location

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Points of Interest in NEW WINDSOR, MD

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EXIT Agents in NEW WINDSOR

Listing Courtesy: Hogan Companies Residential - 4102665100

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 EXIT Realty 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 closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by BRIGHT. MLS® Listing#MDCR2023926. © 2026EXIT Realty®. All rights reserved.