$1,999,900

48 E Lake Dr Annapolis, MD 21403

Estimated payment $11,939/month

Total Views 3,704
0.22 Acre
$9,090,455 Price per Acre
9,790 Sq Ft Lot

Highlights

  • 57 Feet of Waterfront
  • Private Beach
  • Panoramic View
  • 1 Dock Slip
  • Fishing Allowed
  • 1 Community Docks

About This Lot

Once-in-a-Lifetime Opportunity to Build Your Dream Waterfront Home in Bay Ridge. See potential plans in the pictures and meet the builder to discuss your dream home or bring your own builder. Don't miss your chance to own the last remaining waterfront lot in the prestigious and highly sought-after Bay Ridge community. This is a rare opportunity to design and build your dream home on a premium lot offering 57 feet of serene waterfront on protected Lake Ogleton. Enjoy breathtaking, unobstructed views and the peaceful lifestyle that only true waterfront living can offer. Whether you're envisioning a luxurious modern retreat or a timeless coastal home, this lot is the perfect canvas. Contact the listing agent for insight and inspiration on potential home designs tailored to this exceptional property. Bay Ridge is renowned for its rich history, vibrant community, and unmatched amenities, including a bayfront community pool and newly renovated clubhouse, sandy beaches and scenic waterfront , a large community marina, basketball and pickleball courts, a children's playground, and year-round community events. Located just minutes from downtown Annapolis and Eastport, Bay Ridge offers the charm of a tight-knit neighborhood with the convenience of city access. Experience the perfect blend of tranquility and community in one of the most desirable waterfront enclaves on the Chesapeake Bay. This is more than just a lot—it's the beginning of your dream lifestyle.

Listing Agent

Colleen Smith

(443) 995-2409 colleen.smith@longandfoster.com EXP Realty, LLC License #650285 Listed on: 12/03/2025

EXP Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,162

Lot Details

  • 9,790 Sq Ft Lot
  • 57 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach

Property Views

  • Lake
  • Panoramic
  • Scenic Vista

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 020204711697000

Community Details

Overview

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

Recreation

  • 1 Community Docks
  • Fishing Allowed
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Waterski or Wakeboard
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$17,162

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 204.28

Exterior Features

  • Construction Completed: No
  • Exterior Features: Private Beach
  • View: Lake, Panoramic, Scenic Vista, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Private Beach, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Lake Ogleton
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: 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: No
  • Association Recreation Fee: 250.00
  • Association Recreation Fee: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9790.00
  • Zoning: R
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease In Effect: No
  • Vacation Rental: No

Multi Family

  • Waterfront Features: Private Dock Site

Tax Info

  • Tax Annual Amount: 17162.00
  • Assessor Parcel Number: 020204711697000
  • Tax Year: 2024

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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Average Value
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List Price
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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 $0 $0
2023 $13,726 $1,170,400 $1,160,900 $9,500
2022 $11,494 $1,099,900 $0 $0
2021 $11,629 $1,029,400 $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
12/03/2025 12/03/25 Price Changed $1,999,900 -41.1% --
12/03/2025 12/03/25 For Sale $3,395,000 +1598.3% $905 / Sq Ft
12/03/2025 12/03/25 For Sale $199,900 -- --
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
Open $1,762,500 Construction
Closed $1,762,500 Construction
Source: Public Records

Source: Bright MLS

MLS Number: MDAA2132404

Bright MLS

APN: 02-047-11697000