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    45 E Lake Dr Annapolis, MD 21403

    For Sale
    $1,299,900

    LAND - ANNAPOLIS, MD

    Lot size:
    0.45 Acres
    Days on Market:
    79
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 45 E Lake Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.45 Acres

    Utilities

    Water front features
    Navigable Water

    eXp Realty LLC (888) 860-7369 [email protected]

    Listing agent Colleen M Smith (443) 995-2409 License #650285

    Listing date Sep 19, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Expansive Lot in Bay Ridge

    This property, located in the coveted waterfront neighborhood of Bay Ridge in Annapolis, Maryland, presents an incredible opportunity. Situated on an expansive 150-foot-wide lot, the property has been remodeled and is ready for immediate occupancy. The generous lot size and premier location offer several possibilities: design and build a custom dream home, work within the existing footprint to create a personalized residence, or enjoy the property as-is. The setting offers tranquil lake views and glimpses of the Chesapeake Bay. Bay Ridge provides unmatched amenities and a strong sense of community. Residents have access to a private bay front pool and clubhouse, marina, beaches, playgrounds, and various water activities such as boating, kayaking, and paddle boarding. These amenities are located just minutes from downtown Annapolis. Known for its welcoming neighborhood spirit and resort-like feel, Bay Ridge offers a unique lifestyle. This property, with a lot size of 0.45 acres, provides a rare opportunity to make your mark in one of Annapolis's premier waterfront communities. (Also listed as a house/lot package in residential listings.)
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Dental Office Gym & Fitness Travel Agency Bookstore

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Annapolis
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.45679
    Latitude
    38.94541

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    FAQs

    What type of property is this?
    Residential land & home lot - Remodeled property on a 150-foot-wide lot with water views.
    Where is this residential land & home lot located?
    The property is located at 45 E Lake Dr Annapolis, MD.
    What is the asking price?
    The asking price for this property is $1,299,900.
    What are key features of this property?
    This property features: - Expansive 150-foot-wide lot in the coveted waterfront community of Bay Ridge.; - Remodeled and move-in ready, offering immediate comfort and flexibility.; - Opportunity to build a brand-new custom home or renovate within the existing footprint.
    (443) 995-2409
    Request Owner's contact information
    45 E Lake Dr Annapolis, MD 21403
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    Annapolis, MD 21403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    45 E Lake Dr Annapolis, MD 21403
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