48 E Lake Dr Annapolis, MD 21403
Estimated payment $11,960/month
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
(410) 280-5600 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Brokerage Phone: 4102805600 Listed on: 02/23/2026
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/23/2026 02/23/26 | For Sale | $1,895,000 | -- | -- |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,762,500 | Construction |
Source: Bright MLS
MLS Number: MDAA2137314
APN: 02-047-11697000
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Ask me questions while you tour the home.