4908 Olive St Shady Side, MD 20764
Estimated payment $3,402/month
Highlights
- Boat Ramp
- Home fronts navigable water
- Public Beach
- Beach
- Canoe or Kayak Water Access
- New Construction
About This Home
4/15/26 Under roof. EXPECTED SUMMER 2026 DELIVERY. 100% financing available with USDA loan. $10k. closing assistance with use of preferred lender and title company. Must use builder contract - buyer responsible for 100% transfer taxes**. Schaefer Homes brings to you their latest Monroe model located in water privilege community of Westelee offering community beach, pier, playground, boat slips, boat ramp and more. Select from 3 exterior elevations! This home will come standard with plenty of upgraded features, and there is still the opportunity to make your personal selections to suit your needs and make this home yours! Some of the standard features will include 9’ ceilings on the main level, luxury vinyl plank flooring, stainless steel appliances in the large eat-in kitchen with island, 42” designer Craftsman cabinets, large owner’s suite with luxury bath, upper-level laundry room, and plenty more! 2 car garage!. Construction to perm financing is available. Renderings and photos are for illustrative purposes only and may show optional features, upgrades, or configurations not included as standard. Actual features, finishes, and layouts may vary.
Listing Agent
(301) 261-9700 contact@schwartzrealty.com Schwartz Realty, Inc. Brokerage Phone: 3012619700 Listed on: 12/20/2025
Co-Listing Agent
(301) 261-9700 contact@schwartzrealty.com Schwartz Realty, Inc. Brokerage Phone: 3012619700 License #508462
Home Details
Home Type
- Single Family
Year Built
- Built in 2026 | New Construction
Lot Details
- 6,975 Sq Ft Lot
- Home fronts navigable water
- Public Beach
- Property is in excellent condition
- Property is zoned R5
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
Home Design
- Colonial Architecture
- Vinyl Siding
Interior Spaces
- 2,091 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Recessed Lighting
- Formal Dining Room
- Carpet
- Crawl Space
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Stove
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Outdoor Features
- Canoe or Kayak Water Access
- Public Water Access
- River Nearby
- Personal Watercraft
- Waterski or Wakeboard
- Swimming Allowed
- Powered Boats Permitted
Schools
- Shady Side Elementary School
- Southern Middle School
- Southern High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 020700103908135
Community Details
Overview
- No Home Owners Association
- Built by Schaefer Homes
- Westelee Subdivision, Monroe Floorplan
Amenities
- Common Area
Recreation
- Boat Ramp
- Community Boat Dock
- Pier or Dock
- 1 Community Docks
- Beach
- Community Playground
- 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 | $2,649 | $313,000 | -- | -- |
| 2024 | $2,649 | $292,700 | $0 | $0 |
| 2023 | $2,083 | $272,400 | $135,200 | $137,200 |
| 2022 | $2,801 | $268,033 | $0 | $0 |
| 2020 | $0 | $259,300 | $135,200 | $124,100 |
| 2019 | $2,437 | $249,833 | $0 | $0 |
| 2018 | $2,437 | $240,367 | $0 | $0 |
| 2017 | $2,072 | $230,900 | $0 | $0 |
| 2016 | $312 | $218,400 | $0 | $0 |
| 2015 | $312 | $205,900 | $0 | $0 |
| 2014 | -- | $193,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/30/2026 03/30/26 | For Sale | $599,990 | 0.0% | $287 / Sq Ft | |
| 01/28/2026 01/28/26 | Off Market | $599,990 | -- | -- | |
| 12/20/2025 12/20/25 | For Sale | $599,990 | +110.5% | $287 / Sq Ft | |
| 10/31/2025 10/31/25 | For Sale | $285,000 | 0.0% | $141 / Sq Ft | |
| 10/30/2025 10/30/25 | Sold | $285,000 | -- | $141 / Sq Ft | View Prior Sale |
| 10/30/2025 10/30/25 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $41,663 | Eagle Title | |
| Deed | $142,500 | Eagle Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,250,000 | Credit Line Revolving |
Source: Bright MLS
MLS Number: MDAA2133482
APN: 07-001-03908135
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