$1,700,000
SOLD AUG 21, 2025

40972 Mollies Way Leonardtown, MD 20650

3 Beds
2.5 Baths
3,459 Sq Ft
20.35 Acres

Recently Sold

$491 Per Sq Ft

3 Days on Market

Highlights

  • 349 Feet of Waterfront
  • Primary bedroom faces the bay
  • Pier
  • Leonardtown Middle School Rated A-
  • 2 Dock Slips
  • Fishing Allowed

About This Home

As of August 2025

Once in a Lifetime Potomac River Estate on 20+ Acres

At the end of a long, private drive, discover this breathtaking custom-built Potomac River waterfront 3459SQFT Colonial, nestled on 20.35 acres of pristine land with sweeping river views and a private pond. Built in 1995 by its original owners, this stunning 4-bedroom, 2.5-bath estate redefines timeless craftsmanship, luxurious design, and absolute privacy.

The main level boasts soaring 10-foot ceilings and a primary bedroom with panoramic water views and a spa-like bath featuring a custom-made vanity by renowned craftsman Pat Woodburn. From the dramatic curved staircase imported from Milwaukee to the handcrafted maple cabinetry and heart pine coffered ceilings in the kitchen, every detail was designed to impress. The gourmet kitchen features top-of-the-line GE Monogram appliances, including a built-in 48” refrigerator, induction cooktop, and double ovens—framed by solid maple custom Pat Woodburn crafted cabinetry and bathed in natural light.

The family room stuns with a floor-to-ceiling stone masonry fireplace spanning 2 floors, a wet bar, and direct water views! Both the parlor and hearth room are also equipped with custom brick fireplaces. Entertain in style with the ample sized formal dining room accented by a solid brass chandelier.
Upstairs offers three generously sized bedrooms, a full bath, and an incredible loft with commanding views and natural light. The home includes a cellar basement, encapsulated crawl space, and an oversized 3-car garage. Dual HVAC systems (with a brand-new unit upstairs), a newer gas water heater, whole-house humidifier, and surge suppressor offer modern comfort with efficiency.

The property also features marble rock riprap shoreline, 4–5’ MLW (mean low water) that is situated in a fairly protected section of the Potomac River, and a 2.1-acre private pond—perfect for the avid duck hunter or nature lover looking for peaceful reflection. The cleared area of the property has ample space to accommodate both a pool and/or a detached accessory dwelling, shop or garage! Its hard to find a property with this kind of privacy, acreage, water frontage, sunset views, and the ability to add a pool and/or outbuildings to suit your needs!

From custom architecture to unmatched natural beauty, this home is more than a residence—it’s a legacy. Set up a showing TODAY before you miss this opportunity!

Last Agent to Sell the Property

Mark Frisco

(443) 532-8776 team@somdteam.com CENTURY 21 New Millennium Listed on: 07/29/2025

CENTURY 21 New Millennium

Last Buyer's Agent

Paul Bell

(301) 904-7034 bellpauld70@gmail.com NOVA Brokers, LLC. License #654998

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,845

Year Built

  • Built in 1995

Lot Details

  • 20.35 Acre Lot
  • 349 Feet of Waterfront
  • Home fronts navigable water
  • Hunting Land
  • Rural Setting
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Private Lot
  • Premium Lot
  • Level Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned RPD, Rural Preservation Dist.

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • River
  • Panoramic
  • Scenic Vista
  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Chimney Cap

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Curved or Spiral Staircase
  • Sound System
  • Built-In Features
  • Crown Molding
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Stone Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Double Hung Windows
  • Bay Window
  • Sliding Doors
  • Atrium Doors
  • Entrance Foyer
  • Great Room
  • Family Room Overlook on Second Floor
  • Family Room Off Kitchen
  • Formal Dining Room
  • Den
  • Library
  • Bonus Room
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Electric Oven or Range
  • Down Draft Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Solid Hardwood
  • Carpet
  • Tile or Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Rip-Rap
  • Swimming Allowed
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Pond
  • Stream or River on Lot
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted
  • Deck
  • Patio
  • Shed
  • Outbuilding

Schools

  • Leonardtown Elementary And Middle School
  • Leonardtown High School

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • Underground Utilities
  • Water Treatment System
  • Well
  • High-Efficiency Water Heater
  • Propane Water Heater
  • On Site Septic

Listing and Financial Details

  • Tax Lot 3A
  • Assessor Parcel Number 1903050424

Community Details

Overview

  • No Home Owners Association
  • Built by Jim Baycott
  • September Point Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,845

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop - Down Draft, Dishwasher, Dryer - Electric, Exhaust Fan, Microwave, Oven - Double, Oven - Wall, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Surface Unit, Washer, Water Heater - High-Efficiency, Cooktop, Dryer, Icemaker
  • Flooring Type: Tile/Brick, Solid Hardwood, Ceramic Tile
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Crown Moldings, Curved Staircase, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Bathroom - Soaking Tub, Sound System, Upgraded Countertops, Bathroom - Tub Shower, Walk-In Closet(s), Water Treat System, Wet/Dry Bar, Wood Floors, Dining Area
  • Window Features: Bay/Bow, Double Hung, Double Pane, Vinyl Clad
  • Fireplace Features: Brick, Fireplace - Glass Doors, Gas/Propane, Mantel(s), Stone, Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: Atrium, Sliding Glass
  • Wall Ceiling Types: Dry Wall, High, 2 Story Ceilings
  • Foundation Details: Concrete Perimeter, Crawl Space, Slab
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Basement, Library, Foyer, 2nd Stry Fam Ovrlk, Great Room, Laundry, Bathroom 2, Bonus Room, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Interior Access, Partial, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3759
  • Living Area Sq Ft: 3459
  • Price Per Sq Ft: 491.47
  • Above Grade Finished Sq Ft: 3459
  • Below Grade Sq Ft: 300
  • Total Below Grade Sq Ft: 300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Vinyl Siding, Brick, Combination
  • Exterior Features: Chimney Cap(s), Extensive Hardscape, Outbuilding(s)
  • Road Surface Type: Black Top, Gravel
  • Roof: Architectural Shingle
  • View: Garden/Lawn, Panoramic, Scenic Vista, River, Trees/Woods, Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Boat - Powered, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Potomac River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 349

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Circular Driveway, Private, Paved Parking
  • Garage Features: Additional Storage Area, Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Heat Pump(s), Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Utilities: Under Ground
  • Water Source: Well
  • Internet Services: Broadband, Cable

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LEONARDTOWN
  • High School: LEONARDTOWN
  • Middle Or Junior School: LEONARDTOWN

Lot Info

  • Additional Parcels: No
  • Lot Features: Backs To Trees, Landscaping, No Thru Street, Partly Wooded, Pond, Premium, Private, Rip-Rapped, Fishing Available, Front Yard, Hunting Available, Level, Rear Yard, Rural, Trees/Wooded
  • Lot Size Acres: 20.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 886446.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: RPD
  • Zoning Description: Rural Preservation Dist.
  • In City Limits: No

Building Info

  • Builder Name: Jim Baycott

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 9845.00
  • Assessor Parcel Number: 1903050424
  • Tax Lot: 3A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2025
Closed on
Aug 21, 2025
Sold by
Conrath Clay E and Conrath Barbara L
Bought by
Wallace James G and Wallace Diane D
Seller's Agent
Mark Frisco
CENTURY 21 New Millennium
Buyer's Agent
Paul Bell
NOVA Brokers, LLC.
List Price
$1,699,900
Sold Price
$1,700,000
Premium/Discount to List
$100
0.006%
Views
39
Current Estimated Value
$1,687,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,004
Avg. Annual Appreciation
-2.79%

Purchase Details

Closed on
Mar 24, 1994
Sold by
Medley Neck Ltd
Bought by
Conrath Clay E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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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 $1,700,000 Interstate Title
Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2025 08/21/25 Sold $1,700,000 0.0% $491 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
08/01/2025 08/01/25 Price Changed $1,700,000 0.0% $491 / Sq Ft
07/29/2025 07/29/25 For Sale $1,699,900 -- $491 / 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 $10,110 $1,122,600 $478,000 $644,600
2024 $9,558 $1,025,767 $0 $0
2023 $8,939 $928,933 $0 $0
2022 $7,987 $832,100 $489,600 $342,500
2021 $8,594 $829,833 $0 $0
2020 $8,569 $827,567 $0 $0
2019 $8,544 $825,300 $489,600 $335,700
2018 $8,543 $825,300 $489,600 $335,700
2017 $8,523 $825,300 $0 $0
2016 -- $831,000 $0 $0
2015 -- $831,000 $0 $0
2014 $6,734 $831,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM2026274

Bright MLS

APN: 03-050424