United StatesMarylandAnnapolis1643 Orchard Beach Rd

1643 Orchard Beach Rd
1643 Orchard Beach Rd Annapolis, Maryland 21409 United States

$1,499,000
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$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!...

TTR Sotheby's International Realty

Brad Kappel
  • Real Estate Professional
209 Main Street
Annapolis, Maryland 21401 United States
$1,499,000
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2
Bedrooms
1
Full Bath
1
Partial Bath
1,608 Sq Ft.
Interior
Single Family Homes
Property type
1955
Year Built
99C8NE
Web Id
MDAA435972
MLS ID
Anne Arundel County Public Schools
School District
Windsor Farm
Elementary
Severn River
Middle
Broadneck
High
312
days ago
This Property is Currently Contract Pending

About 1643 Orchard Beach Rd

$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.

features

lot description
Water View
Style
Cape Cod
Additional Listing Type
In Contract

Lot Feature

Location
Waterfront
1643 Orchard Beach Rd, Annapolis, Maryland 21409 United States is a Single Family Homes for Sale for $1,499,000 USD. Was built in 1955, has 1,608 Sq.Ft. on a lot of and it's composed from 2 Bedrooms, 1 full baths and 1 partial baths