Sold

48409 Smith Drive, Ridge, MD 20680

Bed
1
Bath
1
Sqft
1,688

View property features, location on map, relevant school information and overview from seller's agent.

Listed byO Brien Realty
  • 5
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Overview

Price reduction of $25,000! Waterfront on Jutland Creek off the Potomac River. Serene one-acre property current operated as a small commercial marina with deep water piers in a protected cove. Awesome views. This property has potential in several directions. Since the 1970s, the property has been continuously operated as a marina, currently BluHaven Piers, originally Misty Cove Marina. Be an owner-operator and live in the main marina building on the property. Or renovate/convert the main building into a primary or secondary residence and apply to rezone the property as residential, which may be a more valuable long-term option.
Property includes a main building serving as the marina reception, with an upstairs office, a garage, and showers and bathrooms for marina slip holders. There are several small out-buildings for storage or a workshop. There are about 50 boat slips on three piers, one of which is covered. Approximately 7 feet water depth at the end of the piers. Electricity and water provided to many of the boat slips. This beautiful property is in search of a caring owner with vision and is priced accordingly.
The absentee owner has retired and put the marina into a self-service mode, awaiting a new owner. No marketing has been done since before the pandemic. Since the summer of 2023, several improvements have been made, including removing a few abandoned boats from the yard and repairing one of the small storage buildings. As an ongoing business, the marina breaks even on an operational basis before any personnel costs. Slip fees currently cover insurance, property taxes, electricity, waste removal, telephone, web site, and minor maintenance. Property is sold strictly “as is”.

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
1
Number of bathrooms
1
Square feet
1,688
Lot size (acres)
1.10
Year built
1969

Interior features

Basement
Yes

Exterior features

Water view
Yes
Waterfront
Waterfront

Utilities

Heating
Electric
Cooling
Window unit(s), Ductless, Electric
Sewer
Septic tank
Water
Well

Taxes

Tax Annual Amount (2024)
$6,864

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: MDSM2020496 Last checked:

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