353 South Drive, Severna Park, MD 21146

$999,000
3
BD
2
BA
1,324
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$999,000
List Price
$999,900
Closing Date
Jul 30, 2026
Days on Market
7
Status
CLOSED
MLS#
MDAA2144010
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,324
Lot Size (Acres)
0.93
Style
Coastal
Year Built
1940
County
Anne Arundel
School District
Anne Arundel County Public Schools

Property Description

Rare opportunity to create a premier waterfront estate on the Magothy River. Situated on an exceptional waterfront lot, 353 South Drive offers endless possibilities for buyers seeking a custom waterfront lifestyle in one of Anne Arundel County's most desirable locations. The existing home is in need of significant renovation, making this an ideal opportunity to rehab, expand, or start fresh with a new custom residence. A variance has already been obtained allowing for expansion of the current footprint, including plans for a pool and pool house. Alternatively, buyers may choose to remove the existing structure and construct a larger home positioned farther back on the lot to maximize the property's potential. Unlike many waterfront redevelopment opportunities, several major improvements have already been completed, including a newer bulkhead and pier. Public water and sewer service further enhance the property's appeal and simplify future development plans. Whether you're a builder, investor, or end user searching for a one-of-a-kind waterfront homesite, this property offers a unique combination of location, flexibility, and upside potential. Bring your vision and create the waterfront retreat you've always imagined.

Additional Information

Subdivision
Magothy Beach
Taxes
$10646
School District
Anne Arundel County Public Schools
View
River
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Other
Utilities
Natural Gas Available
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Next Step Realty, LLC.. Contact:

Selling Office: .