48 E Lake Drive Annapolis, MD $ 1,895,000
48 E Lake Drive
$ 1,895,000
Share Save

48 E Lake Drive

Annapolis, MD, 21403
$ 1,895,000
Baths0.0

Monthly Estimate*

$ 11,668

48 E Lake Drive, Annapolis, MD 21403 - Image 1
48 E Lake Drive, Annapolis, MD 21403 - Image 2
48 E Lake Drive, Annapolis, MD 21403 - Image 3
48 E Lake Drive, Annapolis, MD 21403 - Image 4
48 E Lake Drive, Annapolis, MD 21403 - Image 5
48 E Lake Drive, Annapolis, MD 21403 - Image 6
48 E Lake Drive, Annapolis, MD 21403 - Image 7
48 E Lake Drive, Annapolis, MD 21403 - Image 8
48 E Lake Drive, Annapolis, MD 21403 - Image 9
48 E Lake Drive, Annapolis, MD 21403 - Image 10
View a Virtual Tour
Studio

Lots and Land for sale in Annapolis, MD

for $1,895,000. The lot size is 0.22.

Last available opportunity for a buildable Waterfront lot on Lake Ogleton in the coveted community of Bay Ridge in Annapolis! This .22 acre lot has been in the same family for the past 58 years and is coming to market for the first time. With 57 feet of waterfrontage on the sparkling shores of Lake Ogleton, the possibilities are endless for building the waterfront home of your dreams! This property is priced to sell quickly, at $361,000 below the tax assessed value! Contact your architect and take the first step toward bringing your vision of the ideal Annapolis lifestyle on the water! The sought-after Bay Ridge Community features a plethora of amenities, including a community pool with a clubhouse that overlooks the beautiful waters of the Bay, community beaches on both the River and the Bay, and a community Marina with a newly renovated clubhouse. Off-the-water activities include enjoying the basketball court, playground, ball fields, pickleball courts, common areas, and year-round community activities. Walk or ride your bike for miles along the water and enjoy all the benefits of the Bay Ridge lifestyle. There is no other place like it! Located just minutes from downtown Annapolis and Eastport, which offer the perfect balance of small-town charm and big world sophistication. Traveling or commuting is just as convenient by easily accessing Rt. 50 and 97, which provides direct access to Baltimore, BWI, Ft. Meade/NSA, and Washington, DC, or head over the Bay Bridge to the Eastern Shore for a quick beach vacation.

See more

Lots and Land Active

Price

$ 1,895,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 21,060

Style

Residential

Lot Size

0.22

Town/City

Annapolis

County/Region

Anne Arundel

MLS | Web ID

MDAA2137314

Features
General
Sewer Public Sewer
Possession Immediate Settlement
Zoning R2
School District ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
View Lake Panoramic Scenic Vista Water
Property Subtype Land
Tax Year 2025
Current Use Residential
Ownership Fee Simple
Section 7
Waterfront Features Private Dock Site
County ANNE ARUNDEL
Property Type Land
Association Amenities Baseball Field Basketball Courts Beach Boat Dock/Slip Boat Ramp Common Grounds Marina/Marina Club Meeting Room Mooring Area Pier/Dock Pool - Outdoor Pool Mem Avail Tot Lots/Playground Water/Lake Priv
HOA N
Subdivision Name BAY RIDGE
Possible Use Residential
Water Access Y/N Y
Status ACTIVE
Directions Take Forest Drive until it turns into Bay Ridge Rd. Continue on Bay Ridge Rd until it becomes Farragut Road. Turn left onto E. Lake Dr. Lot is on your left. Welcome Home!
City ANNAPOLIS
Body of Water Lake Ogleton
Lot Size Units Square Feet
Lot Size Square Feet 9790.00
Tax Annual Amount 21060.0
Condo/Coop Association fee Y/N N
Clean Green Assessed Y/N N
Price Per Sq Ft Total AG 193.56
Acceptable Financing Cash Conventional
Additional Parcels Y/N N
Vacation Rental Y/N N
Virtual Tour https://youtu.be/bbXXYefvU2U
Standard Status Active
Legal Subdivision BAY RIDGE
Tax Lot 49
Association Recreation Fee 250.00 Y
See more
Exterior
Lot Features Cleared Level Premium
Water Source Well
Water View Y/N Y
Lot Size Acres 0.22
Water Body Type Lake
Lot Size Source Assessor
Waterfront Y/N Y
Water Access Features Boat - Powered Canoe/Kayak Fishing Allowed Personal Watercraft (PWC) Private Access Sail Swimming Allowed Waterski/Wakeboard
Navigable Water Y/N Y
Water Oriented Y/N Y
See more
Internal Only
Street Number 1 48
See more
* Excluded Features
List By
Ttr Sotheby's International Realty

Broker

brad.kappel@sothebysrealty.com

Email

Affordability Calculator

$13,423
Per Month
87%
13%
0%
Monthly Principal & Interest
$11,668
Monthly Property Taxes
$1,755
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3533405 Elementary School
3533185 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2026$1,895,000 Listed Price

Map


See all

48 E Lake Drive, Annapolis, MD, 21403 is a Lots and Land for sale at $1,895,000 with a lot size of 0.22. 48 E Lake Drive is a studio with 0.0 baths. The property's zip code is 21403 which is in Annapolis, MD