About this home

Rare waterfront redevelopment opportunity in Annapolis. The existing structure is a complete shell and requires a full renovation or rebuild. Ideal for investors, builders, or buyers looking to design and construct a custom waterfront home from the ground up. Located along the protected waters of Oyster Cove, the property includes a deep-water pier and boat house. The existing footprint and favorable waterside placement offer strong potential to maximize views and overall design. Convenient access to the Chesapeake Bay and close proximity to Historic Downtown Annapolis by both land and water. Enjoy boating, sailing, and easy access to surrounding waterfront destinations throughout the region. Property is being sold strictly as-is. A unique opportunity for those ready to take on a full redevelopment project in a prime waterfront setting.

Facts and features

Schools

• Hillsmere Elementary School

  elementary · K-5 · 1.3 mi

  10

• Annapolis Middle School

  middle · 6-8 · 3.1 mi

  3

• Annapolis High School

  high · 9-12 · 6.1 mi

  4

• St Annes School Of Annapolis

  elementary · K-8 · 1.1 mi

• Key School

  elementary · K-12 · 1.3 mi

• Georgetown East Elementary School

  elementary · K-5 · 2.1 mi

  2

Price history

• Oct 22, 2026 · Price Changed$925,000
• Sep 22, 2026 · Price Changed$960,000
• Apr 30, 2026 · Listed$1,000,000
• Apr 10, 2025 · Listing Removed—
• Mar 28, 2025 · Price Changed$1,350,000
• Jun 6, 2024 · Listed$1,950,000
• Apr 8, 2022 · Sold$950,000
• Mar 7, 2022 · Listed$795,000

Tax history

• 2026$15,463 tax · $1,137,100 assessed
• 2025$13,657 tax · $1,137,100 assessed
• 2024$11,363 tax · $966,400 assessed
• 2023$8,986 tax · $625,000 assessed
• 2022$8,649 tax · $625,000 assessed
• 2021$8,649 tax · $625,000 assessed
• 2020$15,167 tax · $1,123,100 assessed
• 2019$15,099 tax · $1,117,067 assessed

Home value

$988,200

• Cotality$988,200
• Collateral Analytics$950,000
• Quantarium$1,015,155

Where it is