Rare opportunity to create a premier waterfront estate on the Magothy River. Situated on an exceptional waterfront lot, 353 South Drive offers endless possibilities for buyers seeking a custom waterfront lifestyle in one of Anne Arundel County's most desirable locations. The existing home is in need of significant renovation, making this an ideal opportunity to rehab, expand, or start fresh with a new custom residence. A variance has already been obtained allowing for expansion of the current footprint, including plans for a pool and pool house. Alternatively, buyers may choose to remove the existing structure and construct a larger home positioned farther back on the lot to maximize the property's potential. Unlike many waterfront redevelopment opportunities, several major improvements have already been completed, including a newer bulkhead and pier. Public water and sewer service further enhance the property's appeal and simplify future development plans. Whether you're a builder, investor, or end user searching for a one-of-a-kind waterfront homesite, this property offers a unique combination of location, flexibility, and upside potential. Bring your vision and create the waterfront retreat you've always imagined.
Listed By
Agency Name: Next Step Realty, LLC.
Agency Phone: 4439012200
Shown By
Agent Name: The Jeramie McLaughlin Team
Agent Phone: (717) 842-0512
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 3,404.15 per month $2,225.34 Principal & Interest $887.17 Property Tax $291.64 Homeowner's Insurance
353 South Drive | MLS# MDAA2144010
This single family home located at 353 South Drive , Severna Park, MD 21146 is currently listed for sale with an asking price of $999,900. This property was built in 1940 and has 3 bedrooms and 2 full baths with 2185 sq. ft. South Drive is located in the MAGOTHY BEACH subdivision within the ANNE ARUNDEL COUNTY PUBLIC SCHOOLS school district. Search MAGOTHY BEACH real estate on www.tjmtrealty.com today.