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    48 E Lake Dr Annapolis, MD 21403

    For Sale
    $1,999,900

    LAND - ANNAPOLIS, MD

    Lot size:
    0.22 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 48 E Lake Dr

    General Information

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

    Utilities

    Water front features
    Navigable Water, Waterfront
    Water front
    1

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

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

    Listing date Nov 2, 2025

    MLS# MDAA2130368 Listing URL

    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

    Waterfront Lot in Bay Ridge

    This is a rare opportunity to design and build a dream home on a premium lot offering 57 feet of waterfront on protected Lake Ogleton. The property is located in the prestigious and highly sought-after Bay Ridge community. Potential plans are available, and meetings with a builder can be arranged to discuss home designs. This lot is the last remaining waterfront lot in the area. The property offers unobstructed views and a peaceful waterfront lifestyle. Bay Ridge is known for its history, community, and amenities, including a bayfront community pool, a renovated clubhouse, sandy beaches, a community marina, basketball and pickleball courts, a children's playground, and year-round community events. The lot is approximately 0.22 acres. Located minutes from downtown Annapolis and Eastport, Bay Ridge provides a blend of tranquility and community in a desirable waterfront area on the Chesapeake Bay.
    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
    -76.45733
    Latitude
    38.94503

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    FAQs

    What type of property is this?
    Land - Premium waterfront lot to build your dream home.
    Where is this land located?
    The property is located at 48 E Lake Dr Annapolis, MD.
    What is the asking price?
    The asking price for this property is $1,999,900.
    What are key features of this property?
    This property features: - Last remaining waterfront lot in the prestigious Bay Ridge community.; - **57 feet of waterfront on protected Lake Ogleton with breathtaking, unobstructed views.**; - Opportunity to design and build a custom dream home.
    (443) 995-2409
    Request Owner's contact information
    48 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
    48 E Lake Dr Annapolis, MD 21403
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