After the academy closed, the property was offered for sale or lease. A United States Marshall sold the academy's furniture and the ship Winifred to cover a court judgment against Burges as the school's superintendent. Oswald Tilghman purchased many of the academy's assets, including "desks...queens ware...washbowls, philosophical apparatus and instruments, muskets, one organ...together with the buildings." Eastford Hall reopened as a hotel sometime after June 1891. A former cadet, James F. Fry purchased it. However, a fire destroyed most of the building in 1894. Ten years after the closing of the Maryland Military and Naval Academy, Oswald Tilghman founded the Maryland Nautical Academy of Talbot County.
