$3,395,000

48 E Lake Dr Annapolis, MD 21403

Estimated payment $19,518/month

Total Views 3,942
4 Beds
3.5 Baths
3,750 Sq Ft
$905 Price per Sq Ft

Highlights

  • 57 Feet of Waterfront
  • Access to Tidal Water
  • New Construction
  • 1 Dock Slip
  • Public Beach
  • Fishing Allowed

About This Home

Once-in-a-Lifetime Opportunity to Build Your Dream Waterfront Home in Bay Ridge. Don't miss your chance to own the last remaining waterfront lot and be in your new home by next boating season in the prestigious and highly sought-after Bay Ridge community. This is a rare opportunity to work with the builder to design and build your dream home on a premium lot offering 57 feet of serene waterfront on protected Lake Ogleton. Also listed as just a lot without a house package. 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 and opportunity to customize the perfect paradise.

Listing Agent

Colleen Smith

EXP Realty, LLC License #650285 Listed on: 08/30/2025

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,162

Year Built

  • New Construction

Lot Details

  • 9,790 Sq Ft Lot
  • 57 Feet of Waterfront
  • Home fronts navigable water
  • Public Beach
  • Premium Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Poured Concrete
  • Cement Siding
  • Concrete Perimeter Foundation
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Dining Room
  • Den
  • Recreation Room
  • Utility Room
  • Creek or Stream Views

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer Hookup

Improved Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Garage Access
  • Sump Pump
  • Space For Rooms
  • Basement Windows

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Personal Watercraft
  • Waterski or Wakeboard
  • Bulkhead
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

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
  • Community Pool
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,162

Year Built

New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2026
  • Remarks Public: Once-in-a-Lifetime Opportunity to Build Your Dream Waterfront Home in Bay Ridge. Don't miss your chance to own the last remaining waterfront lot and be in your new home by next boating season in the prestigious and highly sought-after Bay Ridge community. This is a rare opportunity to work with the builder to design and build your dream home on a premium lot offering 57 feet of serene waterfront on protected Lake Ogleton. Also listed as just a lot without a house package. 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 and opportunity to customize the perfect paradise.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 5, Kitchen, Family Room, Laundry, Office, Recreation Room, Utility Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Heated, Improved, Garage Access, Interior Access, Outside Entrance, Poured Concrete, Space For Rooms, Sump Pump, Walkout Level, Windows
  • Laundry Type: Has Laundry, Hookup, Upper Floor
  • Total Sq Ft: 4150
  • Living Area Sq Ft: 3750
  • Price Per Sq Ft: 1131.67
  • Above Grade Finished Sq Ft: 3000
  • Below Grade Finished Sq Ft: 750
  • Below Grade Sq Ft: 400
  • Total Below Grade Sq Ft: 1150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48A

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Cement Siding
  • Construction Completed: No
  • View: Creek/Stream, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Public Beach, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Lake Ogleton
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 57

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 250.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Fenced, In Ground

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Bulkheaded, Cleared, Fishing Available, Front Yard, Level, Open, Premium, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9790.00
  • Property Condition: Excellent
  • Year Assessed: 2025
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • 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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Change Sq Ft Price
08/30/2025 08/30/25 For Sale $3,395,000 +69.8% $905 / Sq Ft
08/28/2025 08/28/25 For Sale $1,999,900 -- --
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: MDAA2124834

Bright MLS

APN: 02-047-11697000