Seller's Agent in 2021
Patrick DeLeonibus
TTR Sotheby's International Realty
(703) 745-1212
2 in this area
37 Total Sales
16271 Thomas Rd Piney Point, MD 20674
Saint George Island NeighborhoodEstimated Value: $1,876,000 - $2,508,000
7
Beds
6
Baths
5,620
Sq Ft
$399/Sq Ft
Est. Value
Highlights
- 540 Feet of Waterfront
- 1 Dock Slip
- Private Beach
- Piney Point Elementary School Rated 9+
- Pier
- Fishing Allowed
About This Home
As of November 2021Located on the shores of historic St. George Island (est.1638) this stunning waterfront property is being offered for sale as a private residence and/or a vacation rental investment. Enjoy 540 feet of private beachfront on the Potomac River with westerly views to capture the best sunsets on the island! This property features 6.76 acreas of land, one of the largest lots on the island. Known as “the best kept secret in Maryland,” St. George Island is in southern Maryland, only 1.5 hours from Washington, D.C and Annapolis (no Chesapeake Bay Bridge traffic to contend with).
Accessible via a paved private road, this 5,260 sq ft custom-built estate with 7 bedrooms 4 Full and 2 Half Baths is situated on 6.76 acres of woods and beachfront. The property showcases 540 feet of sandy beach – perfect for collecting lots of sea glass, sun-bathing, swimming, and long romantic walks. Enjoy picnicking, fishing, and crabbing on your private pier - dock your boat on the pier’s boat lift.
This home is being sold fully furnished at no additional cost, including all amenities. With 10 ft ceilings, large casement windows, and transoms above all the windows and doorways on the first-floor, as well as 9 ft ceilings and large casement windows on the second-floor, this home provides expansive views of the Potomac River and the woods. Built in 2000 by custom-builder, W.M. Davis, it was constructed with 2” x 6” exterior walls and steel I-beams over the garage. A beautiful gourmet kitchen is located just off the living room overlooking the back porch and Timbertech deck. There is a first-floor master bedroom with his and her closets. There are two fireplaces in the home, one is wood burning, and the other is connected to propane. There is a huge (43’ x 16’) finished room with private staircase on the second-floor. This conditioned space could be used as a bonus room, gym, theater, in-law suite, or even a workshop. Four separate heating systems run on electric and/or propane. The home is also wired into an emergency generator. A new roof was installed in 2020 and all systems are meticulously maintained. The home is on public sewer.
Oriented with westerly views, the property provides for spectacular sunsets. Enjoy the outside amenities including volleyball, horseshoes, firepit, and basketball in the driveway.
This property currently generates $140,000 seasonal VRBO rental income with increases in each of its 9-year history. There are rental reservations already on the books for 2022. 100 reviews, all of which are 5 stars, will convey. Established cleaning crew. This property is available as a turn-key vacation rental for an additional $50,000.
Once you've slept on an island, you’ll never be quite the same!
Please contact us for a complete list of features and amenities that this property provides.
View the full HD video tour online.
Last Agent to Sell the Property
(703) 745-1212 patrick@thewaterfrontgrp.com TTR Sotheby's International Realty Listed on: 07/14/2021
Last Buyer's Agent
(703) 745-1212 patrick@thewaterfrontgrp.com TTR Sotheby's International Realty Listed on: 07/14/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,273
Year Built
- Built in 2000
Lot Details
- 6.76 Acre Lot
- 540 Feet of Waterfront
- Home fronts navigable water
- Private Beach
- Sandy Beach
- East Facing Home
- Premium Lot
- Partially Wooded Lot
- Property is in excellent condition
- Property is zoned RPD
Parking
- 3 Car Direct Access Garage
- 5 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
Property Views
- River
- Scenic Vista
Home Design
- Traditional Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 5,620 Sq Ft Home
- Property has 2 Levels
- Traditional Floor Plan
- Furnished
- Dual Staircase
- Built-In Features
- Chair Railings
- Ceiling height of 9 feet or more
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Window Treatments
- Stained Glass
- Transom Windows
- Wood Frame Window
- Casement Windows
- Window Screens
- Combination Kitchen and Living
- Formal Dining Room
- Alarm System
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Area or Nook
- Double Oven
- Built-In Range
- Range Hood
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Trash Compactor
- Compactor
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- En-Suite Bathroom
- Soaking Tub
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Pier
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- River Nearby
- Waterski or Wakeboard
- Sail
- Swimming Allowed
- Electric Hoist or Boat Lift
- 1 Dock Slip
- Physical Dock Slip Conveys
- Stream or River on Lot
- Powered Boats Permitted
- Deck
- Patio
- Shed
Utilities
- Forced Air Zoned Heating and Cooling System
- Humidifier
- Heat Pump System
- Heating System Powered By Owned Propane
- Vented Exhaust Fan
- Well
- Propane Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 1909000917
Community Details
Overview
- No Home Owners Association
- St. George Island Subdivision
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2021
Closed on
Nov 2, 2021
Sold by
Tancreto Richard G and Richard G Tancreto Living Trus
Bought by
Holcombe Randall F and Holcombe Helen Beale
Seller's Agent
Patrick DeLeonibus
TTR Sotheby's International Realty
Buyer's Agent
Patrick DeLeonibus
TTR Sotheby's International Realty
List Price
$2,000,000
Sold Price
$2,050,000
Premium/Discount to List
$50,000
2.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,895
Avg. Annual Appreciation
2.23%
Original Mortgage
$1,435,000
Outstanding Balance
$1,315,295
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$927,600
Purchase Details
Closed on
Jan 19, 2011
Sold by
Tancreto Richard G
Bought by
Tancreto Richard G and Richard G Tancreto Living Trus
Purchase Details
Closed on
Feb 18, 2010
Sold by
Tancreto Richard
Bought by
Tancreto Richard G
Purchase Details
Closed on
Oct 25, 2006
Sold by
Tancreto Richard G
Bought by
Ellen Tancreto Richard G and Ellen Mary
Purchase Details
Closed on
Oct 20, 2006
Sold by
Tancreto Richard G
Bought by
Ellen Tancreto Richard G and Ellen Mary
Purchase Details
Closed on
Apr 13, 2004
Sold by
Tancreto Richard G
Bought by
Tancreto Richard G
Purchase Details
Closed on
Oct 22, 1996
Sold by
American University The
Bought by
Maiers Tancreto Richard G and Maiers Rosina L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Holcombe Randall F | $2,050,000 | First American Mortgage Sln | |
| Tancreto Richard G | -- | -- | |
| Tancreto Richard G | -- | -- | |
| Ellen Tancreto Richard G | -- | -- | |
| Ellen Tancreto Richard G | -- | -- | |
| Tancreto Richard G | -- | -- | |
| Maiers Tancreto Richard G | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Holcombe Randall F | $1,435,000 | |
| Closed | Maiers Tancreto Richard G | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/02/2021 11/02/21 | Sold | $2,050,000 | +2.5% | $365 / Sq Ft |
| 09/17/2021 09/17/21 | Pending | -- | -- | -- |
| 07/14/2021 07/14/21 | For Sale | $2,000,000 | -- | $356 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,418 | $1,827,500 | $466,000 | $1,361,500 |
| 2024 | $16,278 | $1,530,633 | $0 | $0 |
| 2023 | $13,139 | $1,233,767 | $0 | $0 |
| 2022 | $10,000 | $936,900 | $421,000 | $515,900 |
| 2021 | $7,282 | $679,900 | $0 | $0 |
| 2020 | $7,167 | $674,000 | $0 | $0 |
| 2019 | $7,153 | $668,100 | $281,000 | $387,100 |
| 2018 | $7,914 | $740,300 | $353,200 | $387,100 |
| 2017 | $7,681 | $740,300 | $0 | $0 |
| 2016 | -- | $768,600 | $0 | $0 |
| 2015 | -- | $768,600 | $0 | $0 |
| 2014 | $7,723 | $768,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick DeLeonibus
Map
Source: Bright MLS
MLS Number: MDSM2000672
APN: 09-000917
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