About 4938 Fairbank Rd
*INCOME PRODUCING* Tucked away in the charming Fairbank community on Tilghman Island a delightful waterfront home captures the very best of Eastern Shore living. Overlooking the serene waters of Blackwalnut Cove with approximately 3’ MLW, the property blends classic cottage character with thoughtful modern enhancements. The original portion of the home reflects its roots as a cozy summer cottage, complete with a charming screened porch perfect for enjoying warm breezes and waterfront views. A connected wing was elevated 10 feet and now features a spacious two-car garage on the main level, offering abundant storage for boats, kayaks, and gear. The rear wing provides exceptional versatility with a private studio apartment—currently a licensed B&B with its own entrance—ideal for guests, rental income, or multigenerational living. Inside the main home, a wood-burning fireplace invites you to curl up on cool days and evenings, while the screened porch becomes the heart of the home during warmer months. With 4 bedrooms and 3 baths, this property offers comfort, flexibility, and the relaxed coastal lifestyle that defines the Eastern Shore. Appointment-only showings. Do not enter the property without an appointment.
Features of 4938 Fairbank Rd
| MLS® # | MDTA2014140 |
|---|---|
| Price | $925,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,850 |
| Acres | 0.91 |
| Year Built | 1968 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Coastal |
| Status | Active |
Community Information
| Address | 4938 Fairbank Rd |
|---|---|
| Subdivision | FAIRBANK |
| City | TILGHMAN |
| County | TALBOT-MD |
| State | MD |
| Zip Code | 21671 |
Amenities
| # of Garages | 2 |
|---|---|
| Garages | Garage - Side Entry, Garage Door Opener |
| View | Scenic Vista |
| Is Waterfront | Yes |
| Waterfront | Cove |
Interior
| Heating | Heat Pump(s) |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Wood, Screen, Mantel(s), Brick |
| Stories | 2 |
Exterior
| Exterior | Brick, Frame, Block, Vinyl Siding |
|---|---|
| Exterior Features | Awning(s),Balconies- Multiple,Screened,Porch(es) |
| Construction | Brick, Frame, Block, Vinyl Siding |
| Foundation | Block, Slab |
School Information
| District | TALBOT COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | July 1st, 2026 |
|---|---|
| Days on Market | 71 |
| Zoning | R |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Meredith Fine Properties |
|---|---|
| Contact Info | 4107458060 |