WATERFRONT OPPORTUNITY!! Rarely does a true waterfront home in the highly desirable Drum Point community become available at this price. Offering 3 bedrooms, 3 full bathrooms, and approximately 2,084 square feet on a scenic 0.28-acre Patuxent River waterfront lot, this home is your chance to create instant equity while designing the waterfront retreat you've always wanted. If you've been waiting for an affordable waterfront property, this is it. The home is structurally full of potential, with much of the work needed being cosmetic updates, rather than a complete rebuild. Bring your vision and transform this hidden gem into a stunning waterfront residence that reflects your own style. With recent renovated waterfront sales approaching or exceeding the $1 million mark, this property presents an exceptional opportunity for homeowners, second-home buyers, or investors alike. Inside, you'll find an open layout with soaring ceilings, expansive windows, multiple living spaces, a bright sunroom, and incredible water views from nearly every main living area. The spacious floor plan offers the perfect foundation for a modern renovation while preserving the home's unique character. Imagine warm hardwood-style flooring, an updated chef's kitchen, beautifully renovated bathrooms, fresh paint, designer lighting, and walls of glass showcasing the river beyond. Step outside and enjoy everything waterfront living is meant to be. Launch your kayak or paddleboard from your own shoreline, spend afternoons fishing or crabbing, relax on the upper-level deck overlooking the Patuxent River, or simply enjoy breathtaking sunsets and abundant wildlife from your backyard. As a resident of Drum Point, you'll also enjoy access to outstanding community amenities including a private sandy beach, boat ramp, fishing pier, playground, picnic pavilion, basketball court, and community events that make this one of Southern Maryland's most sought-after waterfront neighborhoods. Conveniently located just minutes from Solomons Island's restaurants, marinas, shopping, and entertainment, and an easy commute to NAS Patuxent River, this property combines the peaceful waterfront lifestyle with everyday convenience. Finding a 3-bedroom, 3-bath waterfront home for under $550,000 in today's market is almost unheard of. Whether you're looking for a primary residence, vacation home, or investment opportunity, this is your chance to own prime waterfront real estate at an incredible value. With a little vision and cosmetic updating, this home has the potential to become something truly spectacular. Don't miss this rare opportunity—schedule your private showing today before someone else turns this waterfront diamond in the rough into their dream home.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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