48 E Lake Dr Annapolis, MD 21403
Estimated payment $21,957/month
Highlights
- 57 Feet of Waterfront
- Boat Ramp
- New Construction
- Marina
- Access to Tidal Water
- Panoramic View
About This Home
TO-BE-BUILT home by Mueller Homes, a highly regarded local builder, is prepared to construct the proposed 3 or 4 bedroom, 4-bath home designed for connection and comfort. Tucked into the charming waterfront community of Bay Ridge in Anne Arundel County, this thoughtfully designed coastal home blends classic seaside character with modern livability—perfectly scaled for relaxed, everyday life. The first floor offers an easy, open flow anchored by a spacious kitchen, seamlessly connecting to a dining area and living room. A versatile home office provides flexibility as a potential guest bedroom, while a well-appointed mudroom and dedicated laundry room keep the home organized and functional. Upstairs, the second-floor features three generously sized bedrooms, each complete with its own ensuite bathroom and walk-in closet. The layout also allows for a potential fourth bedroom configuration if desired. 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! 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: 04/16/2026
Home Details
Home Type
- Single Family
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
Parking
- Driveway
Property Views
- Lake
- Panoramic
- Scenic Vista
Home Design
- New Construction
- Coastal Architecture
Interior Spaces
- 3,000 Sq Ft Home
- Property has 2 Levels
- Mud Room
- Laundry Room
Bedrooms and Bathrooms
Outdoor Features
- Access to Tidal Water
- Water Access
- Property is near a lake
- Lake Privileges
Utilities
- Forced Air Heating and Cooling System
- Well
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 020204711697000
Community Details
Overview
- No Home Owners Association
- $250 Recreation Fee
- Built by Mueller Homes
- Bay Ridge Subdivision, Lake Ogleton Waterfront Floorplan
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
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 |
|---|---|---|---|---|
| 04/16/2026 04/16/26 | For Sale | $3,788,000 | +99.9% | $1,263 / Sq Ft |
| 02/23/2026 02/23/26 | For Sale | $1,895,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,762,500 | Construction |
Source: Bright MLS
MLS Number: MDAA2142464
APN: 02-047-11697000
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Ask me questions while you tour the home.