353 South Dr, Severna Park, MD 21146

$999,900
3
BD
2
BA
1,324
SqFt

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List Price
$999,900
MLS#
MDAA2144010
Year Built
1940
Status
ACTIVE UNDER CONTRACT
Type
Single Family Residential
Bedrooms
3
Baths All
2
Baths Full
2
Living Area
1,324
Total SqFt
2185
County
Anne Arundel
Subdivision
Magothy Beach

Property Description

Rare opportunity to create a premier waterfront estate on the Magothy River. Situated on an exceptional waterfront lot, 353 South Drive offers endless possibilities for buyers seeking a custom waterfront lifestyle in one of Anne Arundel County's most desirable locations. The existing home is in need of significant renovation, making this an ideal opportunity to rehab, expand, or start fresh with a new custom residence. A variance has already been obtained allowing for expansion of the current footprint, including plans for a pool and pool house. Alternatively, buyers may choose to remove the existing structure and construct a larger home positioned farther back on the lot to maximize the property's potential. Unlike many waterfront redevelopment opportunities, several major improvements have already been completed, including a newer bulkhead and pier. Public water and sewer service further enhance the property's appeal and simplify future development plans. Whether you're a builder, investor, or end user searching for a one-of-a-kind waterfront homesite, this property offers a unique combination of location, flexibility, and upside potential. Bring your vision and create the waterfront retreat you've always imagined.

Additional Information

Other Structures
Above Grade, Below Grade
Structure List
Above Grade, Below Grade
Style
Coastal
Basement
Yes
Cooling Fuel
Electric
Cooling
Other
Heating Fuel
Electric
Heating
Heat Pump(s)
Hot Water
Electric
Sewer Septic
Public Sewer
Water
Public
Tax Year
2025
Possession
Settlement
Days on Market
31
Acres
0.93
Ownership
Fee Simple

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Calculator source: Real Geeks

Listing courtesy of Next Step Realty, LLC.. Contact: 4439012200