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    517 Broadwater Way Gibson Island, MD 21056

    Under Contract
    For Sale
    $2,395,000

    LAND - GIBSON ISLAND, MD

    Lot size:
    0.88 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 12 at 11:06 am

    Property Features for 517 Broadwater Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Lot size
    0.88 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Gibson Island Corporation (410) 255-1341 [email protected]

    Listing agent Sarah E Kanne (410) 255-1341 License #651972

    Listing date Nov 21, 2025

    MLS# MDAA2128252 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 Land on Gibson Island

    This 0.88-acre waterfront lot on Gibson Island offers an opportunity to build a custom home with panoramic views of the Chesapeake Bay. The property is located within a private, gated community known for its natural beauty and amenities. The lot provides unobstructed views of the bay, ideal for enjoying sunrises and coastal living. The non-waterfront side of the property also offers views of the first fairway of the Gibson Island Club Golf course. Note that there is a non-habitable structure on the property that is likely a tear-down and unsafe to enter. There is significant erosion on the slope requiring remediation. Gibson Island features a private country club (membership by invitation) with a golf course, tennis, pickle ball, skeet shooting, swimming, and summer camp. A yacht club, full-service yacht yard, and walking trails are also available. A 43-acre freshwater lake is suitable for non-motorized watercraft, swimming, paddleboarding, kayaking, and fishing. The island also offers private beaches and shorelines. Located approximately an hour from Washington, D.C., 45 minutes from Baltimore, and 40 minutes from Annapolis, with convenient access to the Amtrak station and BWI airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gibson Island
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.42226
    Latitude
    39.07947

    FAQs

    What type of property is this?
    Land - Prime waterfront lot with bay views in gated community.
    Where is this land located?
    The property is located at 517 Broadwater Way Gibson Island, MD.
    What is the asking price?
    The asking price for this property is $2,395,000.
    What are key features of this property?
    This property features: - Prime waterfront lot with PANORAMIC, unobstructed views of the Chesapeake Bay.; - Located in Gibson Island, a highly desirable, private, gated community.; - Access to world-class amenities including a private country club with golf, tennis, yacht club, and more (membership by invitation).
    (410) 255-1341
    Request Owner's contact information
    517 Broadwater Way Gibson Island, MD 21056
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    Gibson Island, MD 21056
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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
    517 Broadwater Way Gibson Island, MD 21056
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