Price Reduction - Waterfront
Address
1643 Orchard Beach Road Annapolis, MD
Price
$ 1,499,000
Property Attributes
  • MLS#MDAA436556
  • TypeLand
  • CountyANNE ARUNDEL
  • CityAnnapolis
  • NeighborhoodORCHARD BEACH
  • Zip21409
  • StyleRecreation,Marina,Commercial
  • Taxes11434
  • Price$ 1,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.71 Acres
Listing Provided Courtesy Of:
TTR Sotheby's International Realty
Property Description

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.

Elementary School Middle School High School
Windsor Farm Elementary School Severn River Middle School Broadneck High School
Price History
6/12/2020 Listed $1,749,000
10/26/2020 15% - $1,499,000

General Features

Acceptable Financing Cash, Conventional
Additional Parcels Y/N No
Association Y/N No
Condo/Coop Association Y/N No
County ANNE ARUNDEL
Current Use Recreation, Marina, Commercial
Elementary School WINDSOR FARM
High School BROADNECK
High School District ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Junior High SEVERN RIVER
Location Type Creek/Stream
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 48.47
Property SubType Land
Property Type Land
Real Estate Owned Y/N No
Sewer On Site Septic
Subdivision Name ORCHARD BEACH
Tax Year 2020
Utilities Electric Available
Vacation Rental Y/N No
View Marina, Water, Creek/Stream
Water Access Y/N Yes
Water Body Name Mill Creek
Waterfront Features Boat/Launch Ramp, Rip-Rap
Zoning R1
Zoning Description Residential/Commercial

Exterior Features

Horse Y/N No
Inclusions Marina License & Marina Business Documents
Lot Features Rip-Rapped, SideYard(s)
Lot Size Acres 0.71
Lot Size Source Assessor
Lot Size Square Feet 30927.00
Navigable Water Y/N Yes
Water Access Features Boat - Powered, Sail, Personal Watercraft (PWC), Canoe/Kayak, Fishing Allowed
Water Body Type Creek
Water Oriented Y/N Yes
Water Source Well
Water View Y/N Yes
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 21409

Price
AVG $630K
$1.5M
Taxes
AVG $4,510
$11,434
Visits
AVG 58
81

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