48 E Lake Drive Annapolis, MD $ 3,788,000
48 E Lake Drive
$ 3,788,000
Recently Listed New Construction
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48 E Lake Drive

Annapolis, MD, 21403
$ 3,788,000
Bedrooms4 Baths4.0 Sq 3,000

Monthly Estimate*

$ 23,323

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Single Family Home for sale in Annapolis, MD

for $3,788,000 with 4 bedrooms and 4 full baths. This 3,000 square foot home was built on a lot size of 0.22.

TO-BE-BUILT home by Mueller Homes, a highly regarded local builder, is prepared to construct the proposed 3 or 4 bedroom, 4-bath home designed for connection and comfort. Tucked into the charming waterfront community of Bay Ridgein Anne Arundel County, this thoughtfully designed coastal home blends classic seaside character with modern livabilityperfectly scaled for relaxed, everyday life. The first floor offers an easy, open flow anchored by a spacious kitchen, seamlessly connecting to a dining area and living room. A versatile home office provides flexibility as a potential guest bedroom, while a well-appointed mudroom and dedicated laundry room keep the home organized and functional. Upstairs, the second-floor features three generously sized bedrooms, each complete with its own ensuite bathroom and walk-in closet. The layout also allows for a potential fourth bedroom configuration if desired. 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.

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Single Family Active

Price

$ 3,788,000

Bedrooms

4

Full Bath

4

Property Type

Single Family

Taxes

$ 21,060

Style

Coastal

Lot Size

0.22

Town/City

Annapolis

County/Region

Anne Arundel

MLS | Web ID

MDAA2142464

Features
General
Living Area 3000
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate Settlement
Zoning R2
Architectural Style Coastal
Construction Materials Combination
School District ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
View Lake Panoramic Scenic Vista Water
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Section 7
Accessibility None
County ANNE ARUNDEL
New Construction Y
Property Type Residential
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
Garage Y/N N
Water Access Y/N Y
Other Structures Above Grade
Full Baths 4
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
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 9790.00
Tax Annual Amount 21060.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 1262.67
Acceptable Financing Cash Conventional
Additional Parcels Y/N N
Construction Completed Y/N N
Vacation Rental Y/N N
Virtual Tour https://youtu.be/bbXXYefvU2U
Builder Name Mueller Homes
Standard Status Active
Legal Subdivision BAY RIDGE
Association Recreation Fee 250.00 Y
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Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 3000
Central Air Y/N Y
Total Bedrooms 4
Main Level Bedrooms 1
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
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Exterior
Pool No Pool
Lot Features Cleared Level Premium
Water Source Well
Type of Parking Driveway
Foundation Details Other
Water View Y/N Y
Lot Size Acres 0.22
Water Body Type Lake
Lot Size Source Assessor
Waterfront Y/N Y
Builder Model Lake Ogleton Waterfront
Navigable Water Y/N Y
Water Oriented Y/N Y
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Internal Only
Street Number 1 48
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* Excluded Features
List By
Ttr Sotheby's International Realty

Broker

brad.kappel@sothebysrealty.com

Email

Affordability Calculator

$25,078
Per Month
93%
7%
0%
Monthly Principal & Interest
$23,323
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.
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Nearby
3533405 Elementary School
3533185 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$3,788,000 Listed Price

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48 E Lake Drive, Annapolis, MD, 21403 is a Single Family Home for sale at $3,788,000 with 3,000 sqft and a lot size of 0.22. 48 E Lake Drive has 4 bedrooms and 4.0 baths. The property's zip code is 21403 which is in Annapolis, MD