NOT LISTED FOR SALE

738 Skywater Rd Gibson Island, MD 21056

Estimated Value: $3,088,000 - $3,434,000

5 Beds
5 Baths
3,540 Sq Ft
$941/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $3,300,000 $932 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $21,943/month

129 Days on Market

Highlights

  • 243 Feet of Waterfront
  • In Ground Pool
  • Bay View
  • Beach
  • Water Oriented
  • Gated Community

About This Home

As of March 2024

A hidden gem sits quietly back from the road on two extraordinary acres of prime waterfront property. Offering spectacular views of the Magothy River from virtually every room, this vintage mid-century modern house has gorgeous custom wood paneling throughout with parquet floors on most of the main level. Enter the front door to an attractive center hall that opens to a Great Room with fabulous, panoramic water views of the Magothy and a large wood-burning fireplace. Separated from the Great Room by a striking staircase and brick divide is a handsome Dining Room also looking over the Magothy. Adjoining the Dining Room is an attractive Galley Kitchen with a breakfast nook with the swimming pool beckoning in the back. Three ensuite bedrooms are located on the main level.
Descend the switch back staircase to a large screened in porch from where one can descend to the large backyard with splendid plantings and swimming pool. The Lower Level boasts a generously sized Family Room with a wood burning fireplace and lovely water views and door opening to an outdoor patio. This level is complete with two additional ensuite bedrooms, a recreation room, a built-in vintage kitchenette, a laundry room, a large storage hall and utility area room.
With enormous privacy on the waterfront side, there is a carport with access to the main house and plentiful parking in the front.


Information on Gibson Island:

Gibson Island is a private island within one hour of Washington, D.C. and Baltimore offering an absolutely extraordinary setting. The Island comprises 1000 acres with seven miles of shoreline. Two thirds of the Island is undeveloped and is owned by the Gibson Island Corporation, the homeowners' association. The remaining third is residential home sites.

Gibson Island is located on the western shore of Maryland, so there is no need to cross the Bay Bridge. On the Island is a 43-acre spring fed freshwater lake in which one may enjoy non-motorized watercraft activities such as paddleboarding, canoeing, kayaking, fishing and swimming.

The Island offers enormous privacy and security--there is an entry gatehouse staffed 24+Hours and the Island is patrolled by the Gibson Island Police Force (GIPD). The Gibson Island Corporation Service Department offers yard maintenance and landscaping and other services for homeowners. There is a full-service yacht yard. From the Island, it is just a 20-minute drive to BWI Airport and the neighboring Amtrak train station.

The Island houses a private country club (membership by invitation) offering yachting, fine dining year-round, tennis, an award-winning Charles Blair Macdonald designed 9-hole golf course, swimming, croquet, skeet shooting, and more. (C)

Last Agent to Sell the Property

Sarah Kanne

Gibson Island Real Estate INC License #651972 Listed on: 09/22/2023

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,946

Year Built

  • Built in 1959

Lot Details

  • 2.15 Acre Lot
  • 243 Feet of Waterfront
  • Stone Retaining Walls
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Premium Lot
  • Open Lot
  • Sloped Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $925 Monthly HOA Fees

Property Views

  • Bay
  • River
  • Panoramic
  • Scenic Vista
  • Woods
  • Garden

Home Design

  • Midcentury Modern Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Wood Walls
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Paneling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Stone Fireplace
  • Brick Fireplace
  • Awning
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Dining Room
  • Recreation Room
  • Screened Porch
  • Storage Room

Kitchen

  • Eat-In Galley Kitchen
  • Kitchenette
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Stone
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Front Loading Dryer
  • Washer
  • Laundry Chute

Home Security

  • Home Security System
  • Security Gate
  • Flood Lights

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Circular Driveway

Pool

  • In Ground Pool
  • Poolside Lot

Outdoor Features

  • Water Oriented
  • River Nearby
  • Bulkhead
  • Rip-Rap
  • Stream or River on Lot
  • Lake Privileges
  • Screened Patio
  • Exterior Lighting

Schools

  • Bodkin Elementary School
  • Chesapeake Bay Middle School
  • Chesapeake High School

Utilities

  • Zoned Heating and Cooling
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Owned Propane
  • Radiant Heating System
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Programmable Thermostat
  • Underground Utilities
  • 60 Gallon+ Propane Water Heater
  • On Site Septic

Listing and Financial Details

  • Tax Lot 240
  • Assessor Parcel Number 020335033475600

Community Details

Overview

  • Association fees include common area maintenance, security gate, trash
  • Gibson Island Subdivision
  • Community Lake

Amenities

  • Common Area

Recreation

  • Beach
  • Recreational Area
  • Jogging Path

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,946

Year Built

Built in 1959

Lot Details

0

HOA Fees

$925 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Mid-Century Modern
  • Ownership: Fee Simple
  • Exclusions: No attached artwork inside or out conveys.
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: A hidden gem sits quietly back from the road on two extraordinary acres of prime waterfront property. Offering spectacular views of the Magothy River from virtually every room, this vintage mid-century modern house has gorgeous custom wood paneling throughout with parquet floors on most of the main level. Enter the front door to an attractive center hall that opens to a Great Room with fabulous, panoramic water views of the Magothy and a large wood-burning fireplace. Separated from the Great Room by a striking staircase and brick divide is a handsome Dining Room also looking over the Magothy. Adjoining the Dining Room is an attractive Galley Kitchen with a breakfast nook with the swimming pool beckoning in the back. Three ensuite bedrooms are located on the main level. Descend the switch back staircase to a large screened in porch from where one can descend to the large backyard with splendid plantings and swimming pool. The Lower Level boasts a generously sized Family Room with a wood burning fireplace and lovely water views and door opening to an outdoor patio. This level is complete with two additional ensuite bedrooms, a recreation room, a built-in vintage kitchenette, a laundry room, a large storage hall and utility area room. With enormous privacy on the waterfront side, there is a carport with access to the main house and plentiful parking in the front. Information on Gibson Island: Gibson Island is a private island within one hour of Washington, D.C. and Baltimore offering an absolutely extraordinary setting. The Island comprises 1000 acres with seven miles of shoreline. Two thirds of the Island is undeveloped and is owned by the Gibson Island Corporation, the homeowners' association. The remaining third is residential home sites. Gibson Island is located on the western shore of Maryland, so there is no need to cross the Bay Bridge. On the Island is a 43-acre spring fed freshwater lake in which one may enjoy non-motorized watercraft activities such as paddleboarding, canoeing, kayaking, fishing and swimming. The Island offers enormous privacy and security--there is an entry gatehouse staffed 24+Hours and the Island is patrolled by the Gibson Island Police Force (GIPD). The Gibson Island Corporation Service Department offers yard maintenance and landscaping and other services for homeowners. There is a full-service yacht yard. From the Island, it is just a 20-minute drive to BWI Airport and the neighboring Amtrak train station. The Island houses a private country club (membership by invitation) offering yachting, fine dining year-round, tennis, an award-winning Charles Blair Macdonald designed 9-hole golf course, swimming, croquet, skeet shooting, and more. (C)
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Refrigerator, Dryer - Front Loading, Microwave, Extra Refrigerator/Freezer, Oven - Wall, Oven - Single, Range Hood, Washer, Water Heater
  • Flooring Type: Ceramic Tile, Hardwood, Stone, Concrete, Heated
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Table Space, Kitchenette, Tub Shower, Kitchen - Galley, Laundry Chute, Pantry, Primary Bath(s), Recessed Lighting, Skylight(s), Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors, Cedar Closet(s), Floor Plan - Open
  • Window Features: Screens, Skylights
  • Fireplace Features: Wood, Brick, Screen, Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Paneled Walls, 9'+ Ceilings, High, Wood Walls
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Great Room, Laundry, Recreation Room, Storage Room, Bathroom 2, Bathroom 3, Primary Bathroom, Full Bath, Screened Porch
  • Basement: No
  • Laundry Type: Lower Floor, Has Laundry
  • Total Sq Ft: 4730
  • Living Area Sq Ft: 3540
  • Price Per Sq Ft: 1501.06
  • Above Grade Finished Sq Ft: 2365
  • Below Grade Finished Sq Ft: 1175
  • Below Grade Sq Ft: 1190
  • Total Below Grade Sq Ft: 2365
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 738

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Awning(s), Extensive Hardscape, Exterior Lighting, Flood Lights, Stone Retaining Walls
  • Pool Features: In Ground
  • Spa: No
  • View: Bay, Garden/Lawn, Panoramic, River, Trees/Woods, Water, Scenic Vista
  • Water Access: No
  • Water Body Name: Magothy River, Chesapeake Bay
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 243

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Circular Driveway
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Ductless/Mini-Split, Zoned, Central A/C, Programmable Thermostat
  • Heating Fuel: Propane - Owned
  • Heating Type: Programmable Thermostat, Radiant, Hot Water, Heat Pump(s), Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Propane
  • Security: Security System, Security Gate
  • Sewer/Septic System: On Site Septic
  • Utilities: Water Available, Electric Available, Propane, Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 925.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Gated Community, Jog/Walk Path, Non-Lake Recreational Area, Security, Water/Lake Privileges, Beach, Common Grounds, Lake
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Security Gate, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: BODKIN
  • Middle School: CHESAPEAKE BAY
  • High School: CHESAPEAKE
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140671932
  • School District Source: Listing Agent
  • Elementary School: BODKIN
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: R
  • Lot Features: Front Yard, Landscaping, Poolside, Premium, Rear Yard, Sideyard(s), Sloping, Trees/Wooded, Open, Bulkheaded, Private
  • Lot Size Acres: 2.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 93600.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 31946.48
  • Assessor Parcel Number: 020335033475600
  • Tax Lot: 240
  • Tax Total Finished Sq Ft: 3540
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 03/15/2024

Multi Family

  • Waterfront Features: Rip-Rap

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Mar 15, 2024
Sold by
Elizabeth Rogers Trust
Bought by
Gay Dorothy P and Thomsen Roszel C
Seller's Agent
Sarah Kanne
Gibson Island Real Estate INC
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$3,995,000
Sold Price
$3,300,000
Premium/Discount to List
-$695,000
-17.4%
Views
222
Current Estimated Value
$3,330,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,181
Avg. Annual Appreciation
1.84%

Purchase Details

Closed on
Apr 4, 2006
Sold by
Breitinger Talitha
Bought by
Rogers Mark and Rogers Elizabeth

Purchase Details

Closed on
Mar 31, 2006
Sold by
Breitinger Talitha
Bought by
Rogers Mark and Rogers Elizabeth

Purchase Details

Closed on
Jan 20, 1998
Sold by
Batchelor Roger P
Bought by
Breitinger Talitha and Batchelor Mary G
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gay Dorothy P $3,300,000 Title Rite Services
Rogers Mark $2,550,000 --
Rogers Mark $2,550,000 --
Breitinger Talitha -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $3,300,000 0.0% $932 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
12/17/2023 12/17/23 Off Market $3,300,000 -- --
11/03/2023 11/03/23 Price Changed $3,550,000 -11.1% $1,003 / Sq Ft
09/22/2023 09/22/23 For Sale $3,995,000 -- $1,129 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $33,406 $2,541,467 -- --
2024 $33,406 $2,468,900 $2,047,500 $421,400
2023 $31,946 $2,366,300 $0 $0
2022 $29,497 $2,263,700 $0 $0
2021 $0 $2,161,100 $1,822,500 $338,600
2020 $27,908 $2,139,867 $0 $0
2019 $27,653 $2,118,633 $0 $0
2018 $21,268 $2,097,400 $1,715,000 $382,400
2017 $26,787 $2,097,400 $0 $0
2016 -- $2,097,400 $0 $0
2015 -- $2,695,700 $0 $0
2014 -- $2,695,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2065798

Bright MLS

APN: 03-350-33475600