604-645 TEBBSTON DRIVE Pasadena, MD ^$ 5,500,000

604-645 TEBBSTON DRIVE

^$ 5,500,000

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604-645 TEBBSTON DRIVE

Pasadena, MD, 21122

^$ 5,500,000

Bedrooms-- Baths0.0 Sq 24,845

Monthly Estimate*

^$ 34,313

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Commercial Property for sale in Pasadena, MD

for $5,500,000. This 24,845 square foot building was built in 1994 on a lot size of 10.74 Acre(s).

HUGE PRICE REDUCTION !! THIS IS A ONCE-IN-A-LIFETIME OPPORTUNITY to own this incredible waterfront compound consisting of 16 different homes spread out over ten acres on the Magothy River! So many options here, you can rent the existing homes (a few of which are currently tenant-occupied), change ownership to condominiums and sell the individual homes (the seller has already explored this option and has plans in hand), or create your own private waterfront compound. Four homes (including one that is a duplex) are direct waterfront with incredible views, and almost all of the others have water views. One home has its own private pier and there is a second pier that is doublewide with multiple slips being used as the community pier, both have electricity and water. There is a community area with a promenade, beach, playground, picnic area, and lots of open space. The potential is endless for this amazing and unique waterfront property, come see Tebbston and make it your own!

Commercial Active

Price

^$ 5,500,000

Property Type

Commercial

Taxes

^$ 33,639

Style

5+ Family

Lot Size

10.74 Acre(s)

Year Built

1994

Town/City

Pasadena

County/Region

Anne Arundel

MLS | Web ID

MDAA2048396

Features

Interior

Basement Crawl Space

Cooling System Ceiling Fan(s) Central Air Electric Cooling Wall Unit(s)

Heating Source Electric Oil

Heating System Baseboard Central Heat Forced Air Hot Water Heater: Electric

Sewer Private Septic Septic on Site

Water Source Community Well

Exterior

Driveway Driveway

Foundation Concrete

Siding Aluminum Vinyl

Waterfront Description Access Boat: Powered Canoe/Kayak Fishing Allowed Personal Watercraft Private Access Private Dock Site Rip-Rap Riparian Rights River Swimming Allowed Waterfront Property Waterski/Wakeboard

Miscellaneous

Accessibility Level Entry

View River View Water View

* Excluded Features

List By

Berkshire Hathaway Homeservices Penfed Realty

Broker

dawn.whaley@penfedrealty.com

Affordability Calculator

$37,116

Per Month

Monthly Principal & Interest: $34,313
Monthly Property Taxes: $2,803
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Pasadena, MD

Average List Price ^$2,300,000

Percent of Sale Price 58%

About Pasadena, MD

29,798 Population

30% Since 2002

^$93,583 Median Income

39.35 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

ANNE ARUNDEL COUNTY PUBLIC SCHOOLS School District

LAKE SHORE ELEMENTARY AT CHESAPEAKE BAY Elementary School

CHESAPEAKE BAY Middle School

CHESAPEAKE High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/15/2022	$5,500,000	-4.35%	Price Down
11/4/2022	$5,750,000		Listed Price

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604-645 TEBBSTON DRIVE, Pasadena, MD, 21122 is a Commercial Property for sale at $5,500,000 with 24,845 sqft and a lot size of 10.74 Acre(s). 604-645 TEBBSTON DRIVE has 0.0 baths and was built in 1994. The property's zip code is 21122 which is in Pasadena, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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604-645 TEBBSTON DRIVE

Commercial Property for sale in Pasadena, MD

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