Gibson Island, MD 21056,430 MAGOTHY RD
Gibson Island, MD 21056,430 MAGOTHY RD
Gibson Island, MD 21056,430 MAGOTHY RD
44
$2,595,000
$2,595,000
Est.Price: ?

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7.21 Acres Lot

430 MAGOTHY RD Gibson Island, MD 21056

Est. payment /mo
SOLD DATE : 07/16/2020

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Key Details

Sold Price $2,595,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision Gibson Island

MLS Listing ID MDAA432702

Sold Date 07/16/20

HOA Fees $241/mo

HOA Y/N Y

Originating Board BRIGHT

Annual Tax Amount $32,417

Tax Year 2020

Lot Size 7.213 Acres

Acres 7.21

Property Sub-Type Land

Property Description

A 7.21 acre waterfront lot with approximately 380 feet of shoreline on the Magothy River, this gorgeous lot is surrounded by numerous additional acres of wooded undeveloped land. Tailor-made for a nature lover, and offering complete privacy, a spectacular lot of this size is an extremely rare offering on Gibson Island. Build the house of your dreams, or take a look at the conceptual design created by Cathy Purple Cherry, renowned Annapolis architect, who has created conceptual designs for a spectacular shingle style home, pool house and pool to be built on this property, creating the opportunity to experience the surrounding natural environment with gorgeous waterfront views. Watch the video of this simply stunning 7 plus acres waterfront property on the Magothy River on private and secure Gibson Island. A grading permit has been obtained, which paves the way to building your beautiful new home! A driveway has been created and the area that can be built upon has been cleared. If you are seeking the amenities of living on Gibson Island and the ability to build the home of your dreams, this is a once in a lifetime opportunity. The list price is for the lot only. Also listed in MLS number MDAA429340. Please note that the $241.00 monthly Gibson Island Corporation HOA fee does not include the monthly $298.00 SCBD credit issued to the homeowner. Information on Gibson Island -- Gibson Island is a private island within one hour of Washington, D.C. and Baltimore with an absolutely extraordinary setting - it is about two miles by three miles with seven miles of shoreline. Two thirds of the land is undeveloped and owned by the Gibson Island Corporation and the remaining one third essentially comprises residential home sites. There are 200 plus homes on Gibson Island. There is no need to cross the Bay Bridge because Gibson Island is located on the Western Shore of Maryland. A 43-acre spring fed fresh water lake is available for homeowners' enjoyment --go paddle boarding, kayaking, canoeing, fishing and swimming! Also enjoy tremendous privacy and security--there is an entry gatehouse staffed 24+Hours and Gibson Island Police Department (GIPD,) patrols the Island. The Gibson Island Corporation Service Department offers yard maintenance and landscaping and other services for homeowners. There is a full service yacht yard so there is no need to take one's boat off Island for maintenance. There are no worries about getting to the airport or train station--Gibson Island is a 20 minute drive to BWI airport and train station! There is a private country club (membership by invitation) offering yachting, fine dining year-round, tennis, an award-winning Charles Blair Macdonald designed 9-hole golf course, swimming, croquet, skeet shooting, and more. Private tours are available by appointment--call Gibson Island Corporation Real Estate to make arrangements or for additional information. (C) Gibson Island Corporation, all rights reserved.

Location

State MD

County Anne Arundel

Zoning RESIDENTIAL

Direction West

Exterior

Utilities Available None

Amenities Available Beach, Bike Trail, Common Grounds, Gated Community, Lake, Newspaper Service, Picnic Area, Security, Water/Lake Privileges, Jog/Walk Path

Water Access N

View Water, River, Trees/Woods, Scenic Vista, Panoramic

Garage N

Building

Lot Description Trees/Wooded, Private, Premium, Rear Yard, Front Yard, Secluded, SideYard(s)

Sewer Perc Approved Septic

Water Public Hook-up Available

New Construction N

Schools

Elementary Schools Bodkin

Middle Schools Chesapeake Bay

High Schools Chesapeake

School District Anne Arundel County Public Schools

Others

HOA Fee Include Trash,Common Area Maintenance,Security Gate

Tax ID 03-350-90249123

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Sarah E Kanne • Gibson Island Corporation Real Estate
Bought with Sarah E Kanne • Gibson Island Corporation Real Estate

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agent

Louis Chirgott

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+1(410) 913-6636

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