Properties

1643 ORCHARD BEACH ROAD

ANNAPOLIS, MD 21409

Status: ACTIVE UNDER CONTRACT
  • $1,499,000Price
  • 2Beds
  • 1Baths
  • 1,608 Sqft
Property Description

$250,000 Price Reduction!!! Generate income and achieve the ultimate Annapolis waterfront lifestyle on Mill Creek. Enjoy quick access by boat to the Chesapeake Bay and the Severn River. A waterfront opportunity like this rarely comes to market! Orchard Beach Marina has 17 fully-leased slips that generate over $75,000 in annual gross revenue! Renovate the existing cottage or build your dream custom waterfront home on this (.71) acre waterfront property with stunning panoramic views of Mill Creek and protected deep water access (10ft MLW). Recent upgrades include two new nitrogen septic systems and two new wells with water treatment system. State of the art floating dock, new electric service and water service to pier. New bath house with shower and garage/work shop. Separate Marina office with storage below. Matt paver system under the parking and driveway area is designed to support heavy equipment. There is also the ability to run a commercial repair business on the property as part of the continued non-conforming status. Architectural plans available for a new 3,500 SQFT home and the recently installed septic system will help to expedite the permit process. Permits can be renewed for the redevelopment. This is the perfect location for a VRBO or Airbnb vacation rental home, generate income from not only the marina but also the residence. This property is located in the Broadneck school district and it is a great location for quick access to Downtown Annapolis, heading over the Bay Bridge to the Eastern shore or jumping on Rt. 50 to get back to Washington, DC. Don’t let this positive-cash-flow waterfront investment opportunity slip away! Be sure to view the video tour.

Basic Details
Property Title : Residential For Sale
Property Type : Residential
Listing Type : For Sale
Listing ID : MDAA435972
Price : $1,499,000
Bedrooms : 2
Bathrooms : 1
Half Bathrooms : 1
Sqft : 1,608 Sqft
Year Built : 1955
Lot Area : 0.71 Acre
Subdivision Name : ORCHARD BEACH
Features
Attached Garage YN : N
Architectural Style : Cape Cod
Address Map
Street : ORCHARD BEACH
Street Number : 1643
Street Suffix : ROAD
Longitude : W77° 32' 11.5''
Latitude : N39° 0' 35.3''
MLS Data
Agent Name : Bradley R Kappel
Original MLS Name : Bright
Sub System Locale : BRIGHT_MAIN
Total Taxes Pymnt Freq : Annually
Vacation Rental YN : N
Major Change Type : Domp
HOA Fee Freq : Annually
List Agent Email : brad.kappel@sothebysrealty.com
List Office Key : 121134582505
Elementary School : WINDSOR FARM
High School : BROADNECK
Middle Or Junior School : SEVERN RIVER
SchoolDistrictName : ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Above Grade Fin SQFT : 1,608 Sqft
Levels/Stories : 1
Property Condition : Good
Structure Type : Detached
Total SQFT : 1,608 Sqft
Short Sale : No
Sale Type : Standard
Tax Annual Amount : $11,434
Tax Year : 2020
Zoning : R1
Water Body Name : Mill Creek
Sewer Septic : On Site Septic
Water Source : Well
Contact Agent
Courtesy Of: Bradley R Kappel