507 Walnut Drive
Riva, MD, 21140 $ 825,000
Baths0.0 Monthly Estimate*
$ 5,080
Studio for $825,000. The lot size is 0.25.
Opportunities to own this well-maintained home are rare. Set within a private water-privileged community with water views and a total of .66 acres, which includes 2 additional lots, youll enjoy privacy, room to expand, and a setting that feels like a retreat. A unique property grandfathered in with no HOA or covenant fees in a amenity rich community that offers marina slips, beach, boat ramp, clubhouse, and year-round activities. The home has been updated through the years, yet keeping many of the vintage touches. With beautiful hardwood floors, warm living spaces, and two fireplaces, you enjoy a warm and cozy atmosphere. The thoughtfully designed layout with upper and lower kitchens supports multi-generational living, offering versatility for extended family, guests, or separate living areas. Enjoy the expansive year-round sunroom spanning the entire back of the home, and a screened porch below ideal for relaxing, entertaining, and summertime crab feasts. The walk-up stairs to a floored attic provide ample storage. The beautifully landscaped yard includes a workshop and 2 storage sheds, a trampoline, and a custom playground. The owners utilize the extra lots, with 50amp hookup, for RV/motorhome storage. The property is completely fenced-in, making it pet-friendly. Easy access to the metropolitan areas, historic Annapolis, and the eastern shore. Blue Ribbon Davidsonville school district as well. Whether you're looking for a peaceful primary residence, a flexible home for extended family, or a property with unique amenities and room to grow, this home delivers a lifestyle thats increasingly hard to find. Homes with land, water views, and no HOA restrictions in a private community are uncommon dont miss the chance to make this one yours. Glen Isle is a private South River waterfront community, Builder and investment alert ! Rare opportunity, Lots 24 and 25 combined are a separate .25 acre tax record. Sellers are including them in the sale of 510 Hilltop Dr. which is 3 lots totaling .44 acre. See listing MDAA2134096. Live in Hilltop and explore endless expansion chance to add a guest home, garage, and or 2nd home.
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FeaturesGeneralSewer No Septic System
Possession Settlement
Zoning R2
Association Fee Includes Common Area Maintenance
School District ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
View River
Property Subtype Land
Tax Year 2025
Current Use Residential
Ownership Fee Simple
County ANNE ARUNDEL
Property Type Land
Association Amenities Beach Community Center Common Grounds Picnic Area Pier/Dock Water/Lake Privileges
HOA N
Subdivision Name GLEN ISLE
Possible Use Residential
Water Access Y/N Y
Status ACTIVE
Directions Riva rd Right on Glen Isle Rd Right on Pinecrest property is on the corner of Hilltop and Pinecrest.
City RIVA
Body of Water South River
Lot Size Units Square Feet
Lot Size Square Feet 11100.00
Tax Annual Amount 573.0
Number of Community Docks 2
Clean Green Assessed Y/N N
Price Per Sq Ft Total AG 74.32
Additional Parcels Y/N Y
Vacation Rental Y/N N
Standard Status Active
Legal Subdivision GLEN ISLE
Tax Lot 24
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ExteriorFencing Privacy Wood
Lot Features Additional Lot(s) No Thru Street
Water Source None
Inclusions 510 Hilltop Lane
Water View Y/N Y
Lot Size Acres 0.25
Water Body Type River
Lot Size Source Assessor
Waterfront Y/N N
Water Access Features Canoe/Kayak Boat - Powered Personal Watercraft (PWC) Private Beach Private Access Swimming Allowed
Number of Docks 2
Navigable Water Y/N Y
Number of Slips 5+
Water Oriented Y/N Y
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices Penfed RealtyBroker
bonnie.mcgurn@penfedrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,080
- Monthly Property Taxes
- $48
- 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 NearbyLots and land listings in Riva, MD
Average List Price $537,500
Percent of Sale Price 35%
About Riva, MD 3,994 Population
0% Since 2002
$ 124,453 Median Income
46.79 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
3536022 Elementary School
3535432 Middle School
South River High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/28/2026 | $825,000 | -2.94% | Price Down |
| 1/13/2026 | $850,000 | | Listed Price |