$1,895,000

48 E Lake Dr Annapolis, MD 21403

Estimated payment $11,960/month

Total Views 14,652
0.22 Acre
$8,613,636 Price per Acre
9,790 Sq Ft Lot

Highlights

  • 57 Feet of Waterfront
  • Boat Ramp
  • Access to Tidal Water
  • Marina
  • Private Dock Site
  • Fishing Allowed

About This Lot

Last available opportunity for a buildable Waterfront lot on Lake Ogleton in the coveted community of Bay Ridge in Annapolis! This .22 acre lot has been in the same family for the past 58 years and is coming to market for the first time. With 57 feet of waterfrontage on the sparkling shores of Lake Ogleton, the possibilities are endless for building the waterfront home of your dreams! This property is priced to sell quickly, at $361,000 below the tax assessed value! Contact your architect and take the first step toward bringing your vision of the ideal Annapolis lifestyle on the water! 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.

Listing Agent

Brad Kappel

(410) 280-5600 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Brokerage Phone: 4102805600 Listed on: 02/23/2026

TTR Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,060

Lot Details

  • 9,790 Sq Ft Lot
  • 57 Feet of Waterfront
  • Home fronts navigable water
  • Premium Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned R2

Property Views

  • Lake
  • Panoramic
  • Scenic Vista

Utilities

  • Well

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 020204711697000

Community Details

Overview

  • No Home Owners Association
  • $250 Recreation Fee
  • Bay Ridge Subdivision

Amenities

  • Common Area
  • Meeting Room

Recreation

  • Boat Ramp
  • Community Boat Dock
  • Pier or Dock
  • Mooring Area
  • Marina
  • Beach
  • Baseball Field
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Pool Membership Available
  • Fishing Allowed
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Private Dock Site
  • Powered Boats Permitted
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$21,060

Lot Details

9,790 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 193.56

Exterior Features

  • Construction Completed: No
  • View: Lake, Panoramic, Scenic Vista, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Lake Ogleton
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 57

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Beach, Boat Dock/Slip, Boat Ramp, Common Grounds, Marina/Marina Club, Meeting Room, Mooring Area, Pier/Dock, Pool - Outdoor, Pool Mem Avail, Tot Lots/Playground, Water/Lake Privileges
  • HOA: No
  • Association Recreation Fee: 250.00
  • Association Recreation Fee: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared, Level, Premium
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9790.00
  • Zoning: R2
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 21060.00
  • Assessor Parcel Number: 020204711697000
  • Tax Lot: 49
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $17,917 $1,894,733 -- --
2024 $17,917 $1,532,567 -- --
2023 $13,726 $1,170,400 $1,160,900 $9,500
2022 $11,494 $1,099,900 $0 $0
2020 $10,872 $958,900 $948,000 $10,900
2019 $8,799 $845,567 $0 $0
2018 $7,425 $732,233 $0 $0
2017 $7,025 $618,900 $0 $0
2016 -- $618,900 $0 $0
2015 -- $618,900 $0 $0
2014 -- $1,031,800 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2026 02/23/26 For Sale $1,895,000 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $2,350,000 Old Republic National Title In
Deed $2,350,000 Old Republic National Title In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,762,500 Construction
Source: Public Records

Source: Bright MLS

MLS Number: MDAA2137314

Bright MLS

APN: 02-047-11697000

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