Seller's Agent in 2026
Brad Kappel
TTR Sotheby's International Realty
(410) 279-9476
65 in this area
419 Total Sales
45 E Lake Dr Annapolis, MD 21403
3
Beds
3
Baths
2,043
Sq Ft
19,602
Sq Ft Lot
Highlights
- Marina
- Home fronts navigable water
- Fishing Allowed
- Boat Ramp
- Canoe or Kayak Water Access
- Eat-In Gourmet Kitchen
About This Home
As of March 2026A truly rare dual parcel opportunity in Bay Ridge, where the value lies in purchasing both properties together—a substantial homesite with an existing residence directly across the street from Lake Ogleton.
The expansive water view parcel spans an impressive 150 feet in width and currently features a comfortable, move-in-ready home, allowing immediate enjoyment while you plan for the future. A full-width screened front porch captures bay breezes, while the interior includes an updated kitchen with quartz countertops, a generous island, and SS appliances. A two-car garage and ample driveway parking add everyday convenience. This lot offers exceptional long-term potential, including the ability to design a future two-story residence with possible Chesapeake Bay and Bay Bridge views. The sought-after Bay Ridge Community features a plethora of amenities, including a community pool with a clubhouse that overlooks the beautiful waters of the Bay, community beaches on both the River and the Bay, and a community Marina with a newly renovated clubhouse. Off-the-water activities include enjoying the basketball court, playground, ball fields, pickleball courts, common areas, and year-round community activities. Walk or ride your bike for miles along the water and enjoy all the benefits of the Bay Ridge lifestyle. There is no other place like it! Located just minutes from downtown Annapolis and Eastport, which offer the perfect balance of small-town charm and big world sophistication. Traveling or commuting is just as convenient by easily accessing Rt. 50 and 97, which provides direct access to Baltimore, BWI, Ft. Meade/NSA, and Washington, DC, or head over the Bay Bridge to the Eastern Shore for a quick beach vacation. Welcome Home!
Last Agent to Sell the Property
(410) 280-5600 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Brokerage Phone: 4102805600 Listed on: 01/09/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,144
Year Built
- Built in 1967
Lot Details
- 19,602 Sq Ft Lot
- Home fronts navigable water
- Landscaped
- Premium Lot
- Level Lot
- Back Yard Fenced and Front Yard
- Additional Land
- Property is zoned R2
Parking
- 2 Car Direct Access Garage
- 4 Driveway Spaces
- Oversized Parking
- Parking Storage or Cabinetry
- Side Facing Garage
- Garage Door Opener
Property Views
- Lake
- Panoramic
- Scenic Vista
- Garden
Home Design
- Coastal Architecture
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 2,043 Sq Ft Home
- Property has 1 Level
- Traditional Floor Plan
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Self Contained Fireplace Unit Or Insert
- Fireplace With Glass Doors
- Brick Fireplace
- Combination Kitchen and Dining Room
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Accessible Home Design
- No Interior Steps
- Entry Slope Less Than 1 Foot
Outdoor Features
- Canoe or Kayak Water Access
- Private Water Access
- Property is near a lake
- Personal Watercraft
- Waterski or Wakeboard
- Swimming Allowed
- Powered Boats Permitted
- Lake Privileges
- Screened Patio
- Shed
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Vented Exhaust Fan
- Programmable Thermostat
- Well
- Electric Water Heater
- Water Conditioner is Owned
Listing and Financial Details
- Tax Lot 35
- Assessor Parcel Number 020204711699800
Community Details
Overview
- No Home Owners Association
- $250 Recreation Fee
- Bay Ridge Subdivision, Bay Ridge Cottage Floorplan
Amenities
- Common Area
- Meeting Room
Recreation
- Boat Ramp
- Community Boat Dock
- Pier or Dock
- Mooring Area
- Marina
- Beach
- Tennis Courts
- Baseball Field
- Community Basketball Court
- Community Playground
- Community Pool
- Pool Membership Available
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2026
Closed on
Mar 3, 2026
Sold by
Tabor Place Inc
Bought by
Jones Charles and Jones Catherine Lee
Seller's Agent
Brad Kappel
TTR Sotheby's International Realty
Buyer's Agent
Colleen Smith
EXP Realty, LLC
List Price
$3,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$2,150,000
-66.15%
Views
138
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3668.51%
Purchase Details
Closed on
Jan 9, 2025
Sold by
Townsend Faith E and Townsend Linda R
Bought by
Tabor Place Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,762,500
Interest Rate
5.92%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 2, 2000
Sold by
Townsend Mildred R
Bought by
Townsend Faith E
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,100,000 | First American Title | |
| Deed | $2,350,000 | Old Republic National Title In | |
| Deed | $2,350,000 | Old Republic National Title In | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,762,500 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | Sold | $1,100,000 | 0.0% | $538 / Sq Ft |
| 02/22/2026 02/22/26 | Pending | -- | -- | -- |
| 02/22/2026 02/22/26 | Price Changed | $1,100,000 | -66.2% | $538 / Sq Ft |
| 01/09/2026 01/09/26 | For Sale | $3,250,000 | -- | $1,591 / Sq Ft |
Source: Bright MLS
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 | $7,427 | $984,233 | -- | -- |
| 2024 | $7,427 | $903,067 | -- | -- |
| 2023 | $5,701 | $821,900 | $642,200 | $179,700 |
| 2022 | $8,181 | $782,900 | $0 | $0 |
| 2020 | $6,267 | $704,900 | $492,200 | $212,700 |
| 2019 | $7,148 | $704,900 | $492,200 | $212,700 |
| 2018 | $7,148 | $704,900 | $492,200 | $212,700 |
| 2017 | $10,852 | $709,500 | $0 | $0 |
| 2016 | -- | $696,367 | $0 | $0 |
| 2015 | -- | $683,233 | $0 | $0 |
| 2014 | -- | $670,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Kappel
-
Colleen Smith
Buyer's Agent in 2026
Colleen Smith
EXP Realty, LLC
(443) 995-2409
17 in this area
241 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2134186
APN: 02-047-11699800
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