Rare waterfront redevelopment opportunity in Annapolis. The existing structure is a complete shell and requires a full renovation or rebuild. Ideal for investors, builders, or buyers looking to design and construct a custom waterfront home from the ground up. Located along the protected waters of Oyster Cove, the property includes a deep-water pier and boat house. The existing footprint and favorable waterside placement offer strong potential to maximize views and overall design. Convenient access to the Chesapeake Bay and close proximity to Historic Downtown Annapolis by both land and water. Enjoy boating, sailing, and easy access to surrounding waterfront destinations throughout the region. Property is being sold strictly as-is. A unique opportunity for those ready to take on a full redevelopment project in a prime waterfront setting.
Foreclosure
Price cut: $35K (10/22)
Est. $925,000
1254 Washington Dr, Annapolis, MD 21403
5beds
9,960sqft
Single Family Residence
Built in 1900
0.32 Acres Lot
$-- Zestimate®
$93/sqft
$-- HOA
What's special
Favorable waterside placementBoat houseDeep-water pierMaximize views
- 197 days
- 1,200
- 39
Zillow last checked:
Listing updated:
Listed by:
Nadia Aminov 571-331-9745,
Long & Foster Real Estate, Inc. 240-497-1700,
Listing Team: The Pennye Green Team, Co-Listing Team: The Pennye Green Team,Co-Listing Agent: Pennye Green 202-247-5668,
Long & Foster Real Estate, Inc.
Source: Bright MLS,MLS#: MDAA2143700
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 5
- Main level bedrooms: 5
Basement
- Area: 0
Heating
- None
Cooling
- None
Features
- Basement: Full,Walk-Out Access
- Number of fireplaces: 2
Interior area
- Total structure area: 9,960
- Total interior livable area: 9,960 sqft
- Finished area above ground: 9,960
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Built In, Attached, Driveway
- Attached garage spaces: 2
- Uncovered spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Has private pool: Yes
- Pool features: Indoor, Private
- On waterfront: Yes
- Waterfront features: Private Dock Site, Cove
- Body of water: Oyster Cove
- Frontage length: Water Frontage Ft: 100
Lot
- Size: 0.32 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 020259706889500
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,Contemporary
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Permanent
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Private
Community & HOA
Community
- Subdivision: Oyster Harbor
HOA
- Has HOA: No
Location
- Region: Annapolis
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $1,137,100
- Annual tax amount: $10,950
- Date on market: 4/28/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
$6,498/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2026 | Price change | $925,000-3.6%$93/sqft |
Source:  Bright MLS #MDAA2143700 Report a problem | ||
| 9/22/2026 | Price change | $960,000-4%$96/sqft |
Source: Bright MLS #MDAA2143700 Report a problem | ||
| 9/9/2026 | Listed for sale | $1,000,000$100/sqft |
Source: Bright MLS #MDAA2143700 Report a problem | ||
| 6/24/2026 | Pending sale | $1,000,000$100/sqft |
Source: Bright MLS #MDAA2143700 Report a problem | ||
| 6/12/2026 | Listed for sale | $1,000,000$100/sqft |
Source: Bright MLS #MDAA2143700 Report a problem | ||
| 5/15/2026 | Pending sale | $1,000,000$100/sqft |
Source: Bright MLS #MDAA2143700 Report a problem | ||
| 4/28/2026 | Listed for sale | $1,000,000+9.4%$100/sqft |
Source: Bright MLS #MDAA2143700 Report a problem | ||
| 1/30/2026 | Sold | $914,000-32.3%$92/sqft |
Source: Public Record Report a problem | ||
| 4/9/2025 | Listing removed | $1,350,000$136/sqft |
Source: Bright MLS #MDAA2042774 Report a problem | ||
| 3/28/2025 | Listed for sale | $1,350,000-30.8%$136/sqft |
Source: Bright MLS #MDAA2042774 Report a problem | ||
| 12/11/2024 | Contingent | $1,950,000$196/sqft |
Source: Bright MLS #MDAA2042774 Report a problem | ||
| 6/6/2024 | Listed for sale | $1,950,000+105.3%$196/sqft |
Source: Bright MLS #MDAA2042774 Report a problem | ||
| 4/8/2022 | Sold | $950,000+19.5%$95/sqft |
Source: Bright MLS #MDAA2026370 Report a problem | ||
| 3/13/2022 | Pending sale | $795,000$80/sqft |
Source: Bright MLS #MDAA2026370 Report a problem | ||
| 3/7/2022 | Listed for sale | $795,000+27.2%$80/sqft |
Source: Bright MLS #MDAA2026370 Report a problem | ||
| 7/20/2020 | Sold | $625,000-2%$63/sqft |
Source: Public Record Report a problem | ||
| 3/13/2020 | Price change | $637,500-5.6%$64/sqft |
Source: Bright MLS #MDAA425276 Report a problem | ||
| 2/1/2020 | Price change | $675,000-5.3%$68/sqft |
Source: Gamble Realty, Inc #MDAA416318 Report a problem | ||
| 12/12/2019 | Price change | $712,500-5%$72/sqft |
Source: Gamble Realty, Inc #MDAA416318 Report a problem | ||
| 10/15/2019 | Listed for sale | $750,000-23.6%$75/sqft |
Source: Gamble Realty, Inc #MDAA416318 Report a problem | ||
| 9/11/2019 | Sold | $982,000-18.2%$99/sqft |
Source: Public Record Report a problem | ||
| 8/17/2018 | Listed for sale | $1,200,000+20.1%$120/sqft |
Source: Bennett Realty Solutions #1002260232 Report a problem | ||
| 11/30/2011 | Listing removed | $999,000$100/sqft |
Source: Long & Foster Real Estate #AA7607460 Report a problem | ||
| 7/1/2011 | Price change | $999,000-16.8%$100/sqft |
Source: Long & Foster Real Estate #AA7607460 Report a problem | ||
| 5/21/2011 | Listed for sale | $1,200,000$120/sqft |
Source: Long & Foster Real Estate #AA7607460 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $15,463 +13.2% | $1,137,100 +17.7% |
| 2025 | $13,658 +56.8% | $966,400 +21.5% |
| 2024 | $8,713 +27.7% | $795,700 +27.3% |
| 2023 | $6,825 +4.5% | $625,000 |
| 2022 | $6,531 | $625,000 |
| 2021 | $6,531 -44.4% | $625,000 -44.4% |
| 2020 | $11,748 +0.4% | $1,123,100 |
| 2019 | $11,696 +3.8% | $1,123,100 +1.1% |
| 2018 | $11,266 +0% | $1,111,033 +0.5% |
| 2017 | $11,263 | $1,105,000 +0.8% |
| 2016 | -- | $1,095,833 +0.8% |
| 2015 | -- | $1,086,667 +0.9% |
| 2014 | -- | $1,077,500 +0.7% |
| 2013 | -- | $1,070,327 +0.7% |
| 2012 | -- | $1,063,153 +0.7% |
| 2011 | -- | $1,055,980 +1.9% |
| 2010 | -- | $1,036,732 +1.9% |
| 2009 | -- | $1,017,486 +1.9% |
| 2008 | -- | $998,240 +11.1% |
| 2007 | -- | $898,400 +12.5% |
| 2006 | -- | $798,560 +14.3% |
| 2005 | -- | $698,720 +9.1% |
| 2004 | -- | $640,596 +10% |
| 2003 | -- | $582,473 +11.1% |
| 2002 | -- | $524,350 +2.1% |
| 2001 | -- | $513,760 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 21403
Nearby schools
Schools provided by the listing agent
- District: Anne Arundel County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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