Wonderful 51.5 acre waterfront estate in prime location between Easton and St. Michaels. Just 75 minutes from BWI airport ,1 1/2 hr from D.C. and Baltimore, and 3 hr from NY. Property offers complete privacy and extends from Pea Neck Rd to Folly's Cove Rd. Roughly 35 acres are currently tilled and the remaining are in pasture and around the house. Beautiful entrance with circular drive leads you to the French/federal style brick home whose interior boasts 4 BR/4.5 BA. Great views of Folly's Cove and the property can be seen from all rooms including the renovated kitchen and comfortable family room. The master bedroom with it's high ceilings, sumptuous bath, and large deck were added by the current owners and has it's own private stairs. A gorgeous brick breezeway with pretty formal garden connects the 3 car garage with full 2 BR guest apartment above. Multiple rooms attached to the garage include large workshop, office space, possible art studio, and more.The protected pier has been re-decked with new stringers in 2021 and has an electric lift and 3'MLW. The shoreline is rip-rapped and the cove offers sanctuary to many species of wildlife. In addition there are 2 large ponds which make this a hunter's/wildlife enthusiast's paradise. The large Morton barn includes 5 stalls, feed room, wash stall, tack room, and large hay loft. 5 fenced pastures (1 with a turn out shed) are conveniently accessible. Adjacent are 2 sheds offering equipment storage plus a large greenhouse. There is also room for a waterside pool.No further sub-division of parcel is possible.