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Listed by Matt Wyble • Next Step Realty, LLC.

$999,900

Est. payment - /mo

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3 Beds

2 Baths

2,185 SqFt

Under Contract

353 SOUTH DR Severna Park, MD 21146

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,185 sqft

Price per Sqft $457

Subdivision Magothy Beach

MLS Listing ID MDAA2144010

Style Coastal

Bedrooms 3

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,324

Year Built 1940

Annual Tax Amount $10,646

Tax Year 2025

Lot Size 0.928 Acres

Acres 0.93

Property Sub-Type Detached

Source BRIGHT

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.

Location

State MD

County Anne Arundel

Zoning R5

Rooms

Basement Full, Outside Entrance, Interior Access

Main Level Bedrooms 2

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Other

Fireplace N

Heat Source Electric

Laundry Lower Floor

Exterior

Utilities Available Natural Gas Available

Water Access Y

View River

Accessibility None

Garage N

Building

Story 2

Foundation Block

Above Ground Finished SqFt 1324

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Anne Arundel County Public Schools

Others

Senior Community No

Tax ID 020352034391252

Ownership Fee Simple

SqFt Source 2185

Acceptable Financing Cash, FHA 203(k), Other

Listing Terms Cash, FHA 203(k), Other

Financing Cash,FHA 203(k),Other

Special Listing Condition Standard

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353 SOUTH DR Severna Park, MD 21146

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Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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353 SOUTH DR