48 E Lake Dr Annapolis, MD 21403
Estimated payment $19,235/month
Highlights
- Popular Property
- 1 Dock Slip
- Public Beach
- 57 Feet of Waterfront
- Access to Tidal Water
- New Construction
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
(443) 995-2409 colleen.smith@longandfoster.com EXP Realty, LLC License #650285 Listed on: 12/03/2025
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
- Home Office
- Recreation Room
- Utility Room
- Creek or Stream Views
Bedrooms and Bathrooms
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
- Waterski or Wakeboard
- Bulkhead
- Swimming Allowed
- 1 Dock Slip
- Physical Dock Slip Conveys
- Dock made with Treated Lumber
- 1 Powered Boats Permitted
- 1 Non-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
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 | $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 |
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 | -- | -- |
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 |
|---|---|---|---|
| Open | $1,762,500 | Construction | |
| Closed | $1,762,500 | Construction |
Source: Bright MLS
MLS Number: MDAA2132406
APN: 02-047-11697000
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