$3,788,000
NEW CONSTRUCTION

48 E Lake Dr Annapolis, MD 21403

Estimated payment $21,957/month

Total Views 7,170
4 Beds
4 Baths
3,000 Sq Ft
$1,263 Price per Sq Ft

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

Brad Kappel

(410) 280-5600 brad.kappel@sothebysrealty.com TTR Sotheby's International Realty Brokerage Phone: 4102805600 Listed on: 04/16/2026

TTR Sotheby's International Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,060

Lot Details

9,790 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 1262.67
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination
  • Construction Completed: No
  • View: Lake, Panoramic, Scenic Vista, Water
  • Water Access: Yes
  • Water Body Name: Lake Ogleton
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 57

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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
  • Senior Community: 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
  • In City Limits: No

Building Info

  • Builder Name: Mueller Homes

Rental Info

  • Vacation Rental: No

Tax Info

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

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Map

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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
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 -- --
Source: Bright MLS

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
Source: Public Records

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: Public Records

Source: Bright MLS

MLS Number: MDAA2142464

Bright MLS

APN: 02-047-11697000

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