Annapolis, MD 21409,1643 ORCHARD BEACH RD
Annapolis, MD 21409,1643 ORCHARD BEACH RD
Annapolis, MD 21409,1643 ORCHARD BEACH RD
Annapolis, MD 21409,1643 ORCHARD BEACH RD
Annapolis, MD 21409,1643 ORCHARD BEACH RD
Annapolis, MD 21409,1643 ORCHARD BEACH RD
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$1,400,000

$1,499,000

6.6%
Est.Price: ?

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Est. payment /mo

2 Beds

2 Baths

1,608 SqFt


SOLD DATE : 05/14/2021

Key Details

Sold Price $1,400,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,608 sqft

Price per Sqft $870

Subdivision Orchard Beach

MLS Listing ID MDAA435972

Sold Date 05/14/21

Style Cape Cod

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 1,608

Originating Board BRIGHT

Year Built 1955

Annual Tax Amount $11,424

Tax Year 2021

Lot Size 0.710 Acres

Acres 0.71

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.

Location

State MD

County Anne Arundel

Zoning R1

Rooms

Basement Side Entrance

Main Level Bedrooms 2

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Utilities Available Electric Available

Waterfront Description Boat/Launch Ramp

Water Access Y

Water Access Desc Boat - Powered,Sail,Personal Watercraft (PWC),Fishing Allowed,Canoe/Kayak

View Marina, Water, Creek/Stream

Accessibility Other

Garage N

Building

Lot Description Rip-Rapped, SideYard(s)

Story 1

Sewer On Site Septic

Water Well

Architectural Style Cape Cod

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Windsor Farm

Middle Schools Severn River

High Schools Broadneck

School District Anne Arundel County Public Schools

Others

Senior Community No

Tax ID 020300033304800

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Horse Property N

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Bradley R Kappel • TTR Sotheby's International Realty
Bought with Shane C Hall • Compass
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