Welcome to 182 Waldo Road in Pasadena offered at $650,000. An exceptional waterfront redevelopment opportunity on nearly three-quarters of an acre in Pasadena. The existing home is considered a tear-down, creating a rare chance to build a custom waterfront residence tailored to your vision. What sets this property apart is that many of the most expensive waterfront improvements are already in place. The property features a substantial private pier that was constructed in 2022, including multiple slips, providing immediate access to the water and saving a future owner the time, expense, and permitting process associated with new marine construction. In addition, the property includes Anne Arundel County-approved septic plans for a new residence of approximately 2,500 square feet, approved in April 2026. Property Highlights: ✅ .72-acre waterfront homesite ✅ Existing pier built in 2022 featuring: 50' x 6' pier 10' x 20' L-head Multiple finger piers Additional mooring pilings (Originally constructed at a cost of approximately $62,900.) ✅ County-approved septic design for a new 2,500± sq. ft. home ✅ Existing approvals help streamline the path to construction ✅ Rare opportunity to create a custom waterfront retreat in Pasadena Whether you're a builder, investor, or buyer seeking the perfect waterfront homesite, 182 Waldo Road offers the chance to start with valuable infrastructure already in place and focus on designing the home you've always wanted.
Lot/land
$650,000
182 Waldo Rd, Pasadena, MD 21122
--beds
--baths
0.72Acres
Unimproved Land
Built in ----
0.72 Acres Lot
$629,500 Zestimate®
$--/sqft
$-- HOA
What's special
Additional mooring pilingsSubstantial private pierMultiple finger piers
- 11 hours |
- 57 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Matt Wyble 410-562-2325,
Next Step Realty 4439012200
Source: Bright MLS,MLS#: MDAA2148812
Facts & features
Property
Features
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: Private Dock Site, Private Access, Canoe/Kayak, Boat - Powered, River
- Body of water: Magothy
- Frontage length: Water Frontage Ft: 135
Lot
- Size: 0.72 Acres
- Features: Wooded
Details
- Parcel number: 020300025878600
- Zoning: R1
- Special conditions: Standard
Utilities & green energy
- Sewer: Perc Approved Septic, Site Evaluation on File
- Water: Well Permit Applied For, Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Pasadena
Financial & listing details
- Tax assessed value: $711,100
- Annual tax amount: $7,041
- Date on market: 6/17/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$629,500
$598,000 - $661,000
$2,361/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $650,000+116.7% |
Source: | ||
| 1/21/2021 | Sold | $300,000 |
Source: Public Record Report a problem | ||
| 9/14/2020 | Sold | $300,000 |
Source: Agent Provided Report a problem | ||
| 6/15/2020 | Pending sale | $300,000 |
Source: TTR Sotheby's International Realty #MDAA411134 Report a problem | ||
| 5/14/2020 | Price change | $300,000-7.7% |
Source: TTR Sotheby's International Realty #MDAA411134 Report a problem | ||
| 1/18/2020 | Price change | $325,000-13.3% |
Source: TTR Sotheby's International Realty #MDAA411134 Report a problem | ||
| 8/29/2019 | Listed for sale | $375,000 |
Source: TTR Sotheby's International Realty #MDAA411134 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,199 +30.5% | $607,400 +20.6% |
| 2024 | $5,516 +7.2% | $503,700 +6.9% |
| 2023 | $5,144 +12.3% | $471,033 +7.5% |
| 2022 | $4,581 +8.1% | $438,367 +8.1% |
| 2021 | $4,240 +2.3% | $405,700 +2.4% |
| 2020 | $4,144 +2.9% | $396,133 -1.9% |
| 2019 | $4,029 +5.9% | $403,900 +7.6% |
| 2018 | $3,805 -0.5% | $375,200 +0.1% |
| 2017 | $3,822 | $374,967 +0.1% |
| 2016 | -- | $374,733 +0.1% |
| 2015 | -- | $374,500 |
| 2014 | -- | $374,500 |
| 2013 | -- | $374,500 +62.6% |
| 2012 | -- | $230,300 |
| 2011 | -- | $230,300 |
| 2010 | -- | $230,300 -35.2% |
| 2009 | -- | $355,440 +11.8% |
| 2008 | -- | $317,990 +13.3% |
| 2007 | -- | $280,540 +15.4% |
| 2006 | -- | $243,090 +17.4% |
| 2005 | -- | $207,072 +21.1% |
| 2004 | -- | $171,056 +26.7% |
| 2003 | -- | $135,040 |
| 2002 | -- | $135,040 |
| 2001 | -- | $135,040 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Lake Shore
Nearby schools
GreatSchools rating
- 5/10Lake Shore Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 8/10Chesapeake Bay Middle SchoolGrades: 6-8Distance: 3.2 mi
- 7/10Chesapeake High SchoolGrades: 9-12Distance: 2.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.







