$720,000
SOLD JUL 10, 2025
3 Beds
2 Baths
1,651 Sq Ft
$671/mo HOA Fee

Recently Sold

$436 Per Sq Ft

1% Below List Price

20 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Primary bedroom faces the ocean
  • Marina View
  • Grasonville Elementary School Rated A-
  • 1 Dock Slip
  • Parking available for a boat

About This Home

As of July 2025

Stunning 3-Bedroom, 2-Bath Top Floor Penthouse Villa with Panoramic Water Views & Deeded Boat Slip!
Welcome to your dream home in the highly sought-after gated community of Oyster Cove, offering breathtaking panoramic views of Eastern Bay! This fabulous 3-bedroom, 2-bath penthouse villa is a top-floor unit, all on one level in an elevator building, with walls of glass showcasing the incredible water views from nearly every angle. When you step into the spacious family room, you’ll experience that undeniable WOW moment as you're greeted by high ceilings (9'+) and an open floor plan that enhances the feeling of luxury and space. Boating enthusiasts take note: This property comes with a 40' deep-water boat slip that conveys with the sale, making it perfect for waterfront living.
This unit has been completely renovated from top to bottom. Recent updates include new hurricane-rated windows and sliding door, new bathrooms, kitchen, new appliances, plus the building’s exterior was renovated just 3 years ago.
Community Amenities:
Oyster Cove offers resort-style living with fantastic amenities, including:
Outdoor pool for cooling off on warm days,
Multiple lighted tennis/pickleball courts,
Picnic areas and a party room with a deck for socializing,
A fitness center for staying active,
Boating launch,
Two marinas, and a 1.5-mile walking/jogging path that connects to the 36+ mile Cross Island Trail. Enjoy walks over rivers and through scenic woods, passing restaurants, tiki bars, parks, dog parks, beaches, and marinas along the way!
Located just minutes from Queenstown Golf & Outlet Shopping, and only 20 minutes to Annapolis or Easton, this home is perfect for full-time living or a weekend getaway.
Don’t miss this rare opportunity—waterfront living, resort-style amenities, and a chance to make this home your own!

Last Agent to Sell the Property

Alex Hodges

Cottage Street Realty LLC License #609427 Listed on: 04/16/2025

Last Buyer's Agent

Liz Ancel

Cummings & Co. Realtors

Cummings & Co. Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,710

Year Built

  • Built in 1987 | Remodeled in 2025

Lot Details

  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

Property Views

  • Marina
  • Panoramic

Home Design

  • Coastal Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,651 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Window Treatments
  • Sliding Windows
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Family Room Off Kitchen
  • Dining Area
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Stove
  • Built-In Microwave
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Electric Front Loading Dryer
  • Washer

Home Security

Parking

  • On-Street Parking
  • Parking Lot
  • Parking available for a boat

Accessible Home Design

  • Accessible Elevator Installed
  • Grab Bars
  • Halls are 36 inches wide or more

Outdoor Features

  • Canoe or Kayak Water Access
  • Property near a bay
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Powered Boats Permitted
  • Lake Privileges
  • Sport Court
  • Outdoor Grill
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Heating unit installed on the ceiling
  • Back Up Electric Heat Pump System
  • 110 Volts
  • Community Propane
  • 60+ Gallon Tank

Listing and Financial Details

  • Tax Lot 3A
  • Assessor Parcel Number 1805036690

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, fiber optics available, lawn maintenance, management, pier/dock maintenance, pool(s), recreation facility, reserve funds, road maintenance, security gate, snow removal, trash
  • $65 Other Monthly Fees
  • Low-Rise Condominium
  • Oyster Cove Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Party Room
  • Elevator

Recreation

  • Boat Dock
  • Pier or Dock
  • Mooring Area
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Gated Community
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,710

Year Built

Built in 1987 | Remodeled in 2025

Lot Details

0

HOA Fees

$671 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Accessibility Features: 36"+ Wide Halls, Elevator, Grab Bars Mod
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 4/16/2025 12:00:00 AM
  • Year Built: 1987
  • Year Renovated: 2025
  • Automatically Close On Close Date: No
  • Remarks Public: Stunning 3-Bedroom, 2-Bath Top Floor Penthouse Villa with Panoramic Water Views & Deeded Boat Slip! Welcome to your dream home in the highly sought-after gated community of Oyster Cove, offering breathtaking panoramic views of Eastern Bay! This fabulous 3-bedroom, 2-bath penthouse villa is a top-floor unit, all on one level in an elevator building, with walls of glass showcasing the incredible water views from nearly every angle. When you step into the spacious family room, you’ll experience that undeniable WOW moment as you're greeted by high ceilings (9'+) and an open floor plan that enhances the feeling of luxury and space. Boating enthusiasts take note: This property comes with a 40' deep-water boat slip that conveys with the sale, making it perfect for waterfront living. This unit has been completely renovated from top to bottom. Recent updates include new hurricane-rated windows and sliding door, new bathrooms, kitchen, new appliances, plus the building’s exterior was renovated just 3 years ago. Community Amenities: Oyster Cove offers resort-style living with fantastic amenities, including: Outdoor pool for cooling off on warm days, Multiple lighted tennis/pickleball courts, Picnic areas and a party room with a deck for socializing, A fitness center for staying active, Boating launch, Two marinas, and a 1.5-mile walking/jogging path that connects to the 36+ mile Cross Island Trail. Enjoy walks over rivers and through scenic woods, passing restaurants, tiki bars, parks, dog parks, beaches, and marinas along the way! Located just minutes from Queenstown Golf & Outlet Shopping, and only 20 minutes to Annapolis or Easton, this home is perfect for full-time living or a weekend getaway. Don’t miss this rare opportunity—waterfront living, resort-style amenities, and a chance to make this home your own!
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Compactor, Cooktop, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Energy Efficient Appliances, Energy Star Dishwasher, Energy Star Freezer, Energy Star Refrigerator, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stove, Washer, Trash Compactor
  • Entry Floor: 3
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Bar, Ceiling Fan(s), Dining Area, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Kitchen - Table Space, Primary Bedroom - Ocean Front, Recessed Lighting, Bathroom - Tub Shower, Walk-In Closet(s), Window Treatments
  • Window Features: Double Pane, Energy Efficient, Energy Star Qualified, Low-E, Sliding
  • Fireplace: No
  • Door Features: Sliding Glass, Storm, Energy Star Qualified Door(s)
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1651
  • Living Area Sq Ft: 1651
  • Price Per Sq Ft: 436.10
  • Above Grade Finished Sq Ft: 1651
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 230

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding, Frame, Stick Built
  • Exterior Features: Bbq Grill, Boat Storage, Lawn Sprinkler, Play Area, Sidewalks, Sport Court, Street Lights, Tennis Court(s)
  • Roof: Asphalt
  • View: Street, Water, Marina, Panoramic
  • Water Access Features: Boat - Powered, Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: Eastern Bay, The Narrows
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 110 Volts
  • Heating Fuel: Electric
  • Heating Type: Ceiling, Central, Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane - Community
  • Water Source: Public
  • Internet Services: Broadband, Cable, Satellite

Condo/Co-op/Association

  • HOA Fees: 242.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 429.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Club House, Common Grounds, Community Center, Elevator, Exercise Room, Fitness Center, Gated Community, Jog/Walk Path, Mooring Area, Party Room, Picnic Area, Pier/Dock, Pool - Outdoor, Swimming Pool, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Fiber Optics Available, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Security Gate, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Concrete, In Ground

Fee Information

  • Other Fees: 65.00
  • Other Fees Frequency: Monthly

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137777627
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: WVC
  • In City Limits: No

Rental Info

  • Pets: Size/Weight Restriction, Breed Restrictions, Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4710.00
  • Assessor Parcel Number: 1805036690
  • Tax Lot: 3A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/10/2025

Multi Family

  • Mean Low Water Feet: 6
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
Jul 11, 2025
Sold by
Decker Pamelia L
Bought by
Mike And Brooke Lawes Living Trust
Seller's Agent
Alex Hodges
Cottage Street Realty LLC
Buyer's Agent
Liz Ancel
Cummings & Co. Realtors
List Price
$730,000
Sold Price
$720,000
Premium/Discount to List
-$10,000
-1.37%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.50%

Purchase Details

Closed on
Jan 31, 1996
Sold by
Kramer Contracting Co Inc
Bought by
G A L C Inc

Purchase Details

Closed on
Feb 8, 1993
Sold by
Oglesby Nicholas P and Oglesby Holly G
Bought by
Alnutt Thomas L and Alnutt Hannah J

Purchase Details

Closed on
May 20, 1987
Sold by
Oyster Cove Ltd Partnership
Bought by
Oglesby Nicholas P and Oglesby Holly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,150
Interest Rate
10.48%
Source: Public Records

Similar Homes in Grasonville, MD

  • 110 Oyster Cove Dr, Grasonville, MD 21638

    $632,000

    • 3 Beds
    • 2 Baths
    • 1,651 Sq Ft
    • 110 Oyster Cove Dr
    • Grasonville, MD

    Welcome to this lovely 1st floor condo near the pool offering PANORAMIC WATERFRONT views and incredible indoor-outdoor living! Fabulous SUNSETS await you! Located on a deep-water, protected marina in the sought-after, gated community of Oyster Cove, this serene setting is perfect for a home office! ORIGINAL OWNERS bought this "MODEL" home from the builder. The contemporary design of this

    Anita Snyder Star Realty

    Section Image
  • 721 Oyster Cove Dr, Grasonville, MD 21638

    $719,999

    • 3 Beds
    • 2 Baths
    • 721 Oyster Cove Dr
    • Grasonville, MD

    Mortgage savings may be available for buyers of this listing. Enjoy sweeping views of Eastern Bay from this beautifully updated 3-bedroom, 2-bath villa offering 1,600 square feet of waterfront living in the desirable gated community of Oyster Cove. This spacious, one-level unit is located in an elevator building and features 9'+ ceilings, an open-concept layout, and walls of glass that showcase

    Barbara McCaffrey Redfin Corp

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $720,000 Quiet Title
Deed $720,000 Quiet Title
Deed $92,000 --
Deed $184,000 --
Deed $202,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $648,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $201,150 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $720,000 0.0% $436 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
04/24/2025 04/24/25 Price Changed $720,000 -1.4% $436 / Sq Ft
04/16/2025 04/16/25 For Sale $730,000 0.0% $442 / Sq Ft
04/09/2025 04/09/25 Price Changed $730,000 -- $442 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $4,162 $513,333 $0 $0
2024 $4,162 $500,000 $225,000 $275,000
2023 $3,940 $458,333 $0 $0
2022 $3,730 $416,667 $0 $0
2021 $3,597 $375,000 $150,000 $225,000
2020 $3,474 $362,167 $0 $0
2019 $3,350 $349,333 $0 $0
2018 $3,227 $336,500 $126,500 $210,000
2017 $3,227 $336,500 $0 $0
2016 -- $336,500 $0 $0
2015 $1,649 $350,000 $0 $0
2014 $1,649 $350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDQA2012758

Bright MLS

APN: 05-036690