$2,950,000

37201 Gibson Rd Bushwood, MD 20618

Estimated payment $15,893/month

Total Views 25,499
4 Beds
2 Baths
2,349 Sq Ft
$1,256 Price per Sq Ft

Highlights

  • 3,000 Feet of Waterfront
  • 2 Dock Slips
  • Colonial Architecture
  • Dynard Elementary School Rated A-
  • Private Pool
  • No HOA

About This Home

Positioned below the confluence of the Potomac and Wicomico Rivers, in St Catherine’s Sound, you’ll find St. Margaret Island. The island’s location provides calm, tranquil waters in the sound which are perfect for boating, swimming, or enjoying the sand beach running along the sound while taking in the area’s beauty from sunrise to sunset.

The Island provides a peaceful escape, but also serves as a springboard for area exploration. Within a quick boat trip are summer getaway hotspots like Colonial Beach or Sharks Tooth Island for a day in the sun, historic Coles Point Tavern for a food, drinks, and live music, or of course the various bodies of water for boating and fishing.

Amongst a long list of features making this a unique, truly once-in-a-generation opportunity is the property, residence, and deep-water dock located on the mainland. This added parcel allows for a seamless launching point to park your vehicles, board your boat in waiting, and cruise out of White Necks Creek over to St. Margaret Island for a remote respite.

Island & Grounds

St. Margaret Island is approximately 13.16 acres, boasting nearly 3,000 ft +/- of shoreline, with over 2,000 ft +/- in riprap shoreline. Guests arrive on the island via a nearly 275ft dock that will allow numerous vessels at any one time and boats over 42 ft.

Once on the Island, the grounds consist of mature tree growth, an orchard, garden, and agricultural field. The current owners have a small flock of peacocks that call the Island home, but you’ll often find Bald Eagles, owls, and even deer that have crossed the sound enjoying the lush grounds. Apart from the foliage and nature, the grounds host a main residence, guest cottage, 3-bay storage and work shed, garden shed, and in-ground saltwater pool overlooking the Sound.

Main House & Cottage

While much of any guest’s time on St. Margaret Island will likely be spent outside on the grounds or on the water, the Island features both a main house and a guest cottage. The colonial-style main home welcomes you through a screened front porch into a wood clad living space reminiscent of a quintessential Chesapeake Bay hunting and fishing cabin. Vaulted living room ceilings accentuate the natural brick, wood-burning fireplace and exposed wood beams. Large wrap around windows brings water views in to both floors, including the dining room as well as the upstairs primary bedroom. Also on the main level is the kitchen, dining room, and a sleeping porch that has been enclosed to allow for year-round fresh air dining. The main house features a rustic cabin style kitchen with modern amenities such as a double oven and dishwasher. One of two full baths concludes the first level. On the second level there are 4 bedrooms, each with unique views of the water, as well as the second full bathroom.

The guest cottage is located approximately 40 yards behind the main house, alongside the garden. The cottage is a standalone residence with 2 bedrooms, one full bathroom, kitchen, and laundry, as well as a screened front porch.

Mainland Home & Grounds

The idea of an Island retreat is often a dream, but what if you just want a quick overnight, waterfront get away? Maybe you want a day on the water boating, kayaking, fishing etc.? The mainland home is a 3-bed, 1-bath home with conditioned basement space on approximately .75 acres overlooking Whites Neck Creek with a dock over 175 ft long allowing for numerous vessels, including boats over 42ft. The parcel provides for multiple car parking and direct access to the dock, making a trip to the Island a breeze. This residence is currently occupied by rental tenants, but the property and Island owners have continued use of parking and dock.

Note: additional property specific details can be found on the FAQ document.

Listing Agent

David DeSantis

(202) 438-1542 david.desantis@sothebysrealty.com TTR Sotheby's International Realty License #630742 Listed on: 04/16/2024

TTR Sotheby's International Realty

Co-Listing Agent

Tyler Tilghman

(843) 446-4946 ttilghman@ttrsir.com TTR Sotheby's International Realty License #5016080

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,772

Year Built

  • Built in 1971

Lot Details

  • 13.89 Acre Lot
  • 3,000 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned RPD

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Cottage
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Private Pool
  • Water Access
  • River Nearby
  • Rip-Rap
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Bushwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1907010281

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,772

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1971
  • Remarks Public: Positioned below the confluence of the Potomac and Wicomico Rivers, in St Catherine’s Sound, you’ll find St. Margaret Island. The island’s location provides calm, tranquil waters in the sound which are perfect for boating, swimming, or enjoying the sand beach running along the sound while taking in the area’s beauty from sunrise to sunset. The Island provides a peaceful escape, but also serves as a springboard for area exploration. Within a quick boat trip are summer getaway hotspots like Colonial Beach or Sharks Tooth Island for a day in the sun, historic Coles Point Tavern for a food, drinks, and live music, or of course the various bodies of water for boating and fishing. Amongst a long list of features making this a unique, truly once-in-a-generation opportunity is the property, residence, and deep-water dock located on the mainland. This added parcel allows for a seamless launching point to park your vehicles, board your boat in waiting, and cruise out of White Necks Creek over to St. Margaret Island for a remote respite. Island & Grounds St. Margaret Island is approximately 13.16 acres, boasting nearly 3,000 ft +/- of shoreline, with over 2,000 ft +/- in riprap shoreline. Guests arrive on the island via a nearly 275ft dock that will allow numerous vessels at any one time and boats over 42 ft. Once on the Island, the grounds consist of mature tree growth, an orchard, garden, and agricultural field. The current owners have a small flock of peacocks that call the Island home, but you’ll often find Bald Eagles, owls, and even deer that have crossed the sound enjoying the lush grounds. Apart from the foliage and nature, the grounds host a main residence, guest cottage, 3-bay storage and work shed, garden shed, and in-ground saltwater pool overlooking the Sound. Main House & Cottage While much of any guest’s time on St. Margaret Island will likely be spent outside on the grounds or on the water, the Island features both a main house and a guest cottage. The colonial-style main home welcomes you through a screened front porch into a wood clad living space reminiscent of a quintessential Chesapeake Bay hunting and fishing cabin. Vaulted living room ceilings accentuate the natural brick, wood-burning fireplace and exposed wood beams. Large wrap around windows brings water views in to both floors, including the dining room as well as the upstairs primary bedroom. Also on the main level is the kitchen, dining room, and a sleeping porch that has been enclosed to allow for year-round fresh air dining. The main house features a rustic cabin style kitchen with modern amenities such as a double oven and dishwasher. One of two full baths concludes the first level. On the second level there are 4 bedrooms, each with unique views of the water, as well as the second full bathroom. The guest cottage is located approximately 40 yards behind the main house, alongside the garden. The cottage is a standalone residence with 2 bedrooms, one full bathroom, kitchen, and laundry, as well as a screened front porch. Mainland Home & Grounds The idea of an Island retreat is often a dream, but what if you just want a quick overnight, waterfront get away? Maybe you want a day on the water boating, kayaking, fishing etc.? The mainland home is a 3-bed, 1-bath home with conditioned basement space on approximately .75 acres overlooking Whites Neck Creek with a dock over 175 ft long allowing for numerous vessels, including boats over 42ft. The parcel provides for multiple car parking and direct access to the dock, making a trip to the Island a breeze. This residence is currently occupied by rental tenants, but the property and Island owners have continued use of parking and dock. Note: additional property specific details can be found on the FAQ document.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3213
  • Living Area Sq Ft: 2349
  • Price Per Sq Ft: 1255.85
  • Above Grade Finished Sq Ft: 2349
  • Below Grade Sq Ft: 864
  • Total Below Grade Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37201

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: Yes
  • Water Body Name: Potomac, Wicomico, St Catherine's Sound
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No
  • Water Frontage In Feet: 3000

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: ST. MARY'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121138839208
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 13.89
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 605048.40
  • Year Assessed: 2023
  • Zoning: RPD
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3772.00
  • Assessor Parcel Number: 1907010281
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Waterfront Features: Rip-Rap, Private Dock Site

MLS Schools

  • School District Name: ST. MARY'S COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,072 $403,300 $0 $0
2024 $4,072 $365,400 $274,700 $90,700
2023 $4,001 $359,000 $0 $0
2022 $3,931 $352,600 $0 $0
2021 $3,860 $346,200 $264,700 $81,500
2020 $3,852 $345,633 $0 $0
2019 $3,779 $345,067 $0 $0
2018 $3,771 $344,500 $264,700 $79,800
2017 $3,752 $344,500 $0 $0
2016 -- $344,500 $0 $0
2015 $3,988 $345,700 $0 $0
2014 $3,988 $345,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 For Sale $2,950,000 -- $1,256 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $169,000 --
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $70,000 No Value Available
Source: Public Records

Source: Bright MLS

MLS Number: MDSM2018338

Bright MLS

APN: 07-010281