Perfectly positioned along the tranquil, protected waters of Lake Placid, just moments from the Magothy River, 971 Forest Drive presents an extraordinary opportunity to experience Chesapeake Bay waterfront living at its finest. Offering approximately 125 feet of shoreline and an expansive 0.81-acre homesite, this private waterfront retreat combines the serenity of a sheltered cove with immediate access to one of the Chesapeake Bay's most sought-after waterways. Unlike many waterfront properties exposed to constant boat traffic and prevailing winds, Lake Placid offers a uniquely peaceful setting. Here, calm waters create the ideal environment for paddleboarding, kayaking, swimming, fishing, and crabbing directly from your own dock, while a one-minute boat ride places you on the open waters of the Magothy River. Eastern exposure welcomes spectacular sunrises each morning, creating an ever-changing backdrop enjoyed from the home's waterfront decks and outdoor living spaces. Adding to its rarity, the property includes two independent residences. The main home offers four bedrooms and two full baths, providing generous living space ready to enjoy today or thoughtfully reimagine over time. Complementing the main residence is a beautifully constructed guest house completed in 2019, featuring modern finishes and timeless coastal design. Whether serving as private accommodations for extended family, an exceptional guest retreat, a home office, or flexible multigenerational living, the possibilities are remarkably versatile. The fully fenced property, complete with a gated entrance, provides an exceptional sense of privacy while remaining conveniently located near the everyday conveniences of Arnold and Annapolis. Residents also enjoy access to the highly regarded Broadneck school district, nearby waterfront dining, marinas, and the vibrant boating lifestyle that defines Maryland's Chesapeake Bay. Just a short stroll from the property, the community's sandy beach offers additional waterfront amenities including a boat ramp, picnic areas, grills, and sweeping views of the Magothy River. Waterfront properties offering this combination of protected deepwater enjoyment, immediate river access, expansive grounds, and two separate residences are seldom available. 971 Forest Drive represents an opportunity to enjoy the Chesapeake lifestyle in a setting that is as peaceful as it is exceptional.
Under contract
$1,199,000
971 Forest Dr, Arnold, MD 21012
5beds
2,302sqft
Single Family Residence
Built in 1940
0.81 Acres Lot
$-- Zestimate®
$521/sqft
$-- HOA
What's special
Own dockExpansive groundsPrivate waterfront retreatGenerous living space
- 35 days
- 803
- 45
Zillow last checked:
Listing updated:
Listed by:
Brad Kappel 410-279-9476,
TTR Sotheby's International Realty (410) 280-5600,
Listing Team: Brad Kappel Team, Co-Listing Team: Brad Kappel Team,Co-Listing Agent: Christian Schou 443-926-4509,
TTR Sotheby's International Realty
Source: Bright MLS,MLS#: MDAA2151292
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 5
Basement
- Area: 0
Heating
- Central, Oil, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Stainless Steel Appliance(s), Washer, Dryer, Water Conditioner - Owned, Water Heater, Microwave, Dishwasher, Exhaust Fan, Oven/Range - Electric, Water Treat System, Electric Water Heater
- Laundry: Main Level
Features
- Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Traditional, Bathroom - Tub Shower, Combination Dining/Living, Dining Area, Formal/Separate Dining Room, Kitchen - Galley, Recessed Lighting, Dry Wall
- Flooring: Luxury Vinyl, Laminate, Ceramic Tile
- Doors: Sliding Glass
- Windows: Double Hung
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,302
- Total interior livable area: 2,302 sqft
- Finished area above ground: 2,302
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Enclosed, Private, Gravel, Driveway, Off Street
- Uncovered spaces: 8
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Porch
- Pool features: None
- Fencing: Full
- Has view: Yes
- View description: River, Water
- Has water view: Yes
- Water view: River,Water
- Waterfront features: Private Dock Site, Rip-Rap, River, Boat - Powered, Fishing Allowed, Sail, Swimming Allowed, Canoe/Kayak, Personal Watercraft (PWC), Private Access
- Body of water: Lake Placid
- Frontage length: Water Frontage Ft: 126
Lot
- Size: 0.81 Acres
- Features: Cleared, Fishing Available, Front Yard, Level, Open Lot, Private, Rear Yard, Rip-Rapped, Stream/Creek
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 020374990040768
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal,Other
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block, Crawl Space
- Roof: Asphalt
Condition
- Good
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Private Septic Tank, On Site Septic
- Water: Well
Community & HOA
Community
- Security: Security Gate, Smoke Detector(s)
- Subdivision: Shore Acres
HOA
- Has HOA: No
- Amenities included: Beach Access, Boat Ramp, Pier/Dock
- HOA name: SHORE ACRES IMPROVEMENT ASSOCIATION
Location
- Region: Arnold
Financial & listing details
- Price per square foot: $521/sqft
- Tax assessed value: $847,133
- Annual tax amount: $9,232
- Date on market: 8/7/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: Playground Set, Dock Whips, Ro System
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$4,137/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2026 | Contingent | $1,199,000$521/sqft |
Source:  Bright MLS #MDAA2151292 Report a problem | ||
| 8/7/2026 | Listed for sale | $1,199,000-17.3%$521/sqft |
Source: Bright MLS #MDAA2151292 Report a problem | ||
| 6/25/2023 | Listing removed | $1,450,000$630/sqft |
Source: Bright MLS #MDAA2060304 Report a problem | ||
| 5/22/2023 | Listed for sale | $1,450,000+173.6%$630/sqft |
Source: Bright MLS #MDAA2060304 Report a problem | ||
| 6/1/2017 | Sold | $530,000+6%$230/sqft |
Source: Public Record Report a problem | ||
| 2/27/2017 | Price change | $499,900-13.8%$217/sqft |
Source: Curtis Real Estate Company #AA9706920 Report a problem | ||
| 9/8/2016 | Price change | $579,900-3.3%$252/sqft |
Source: Curtis Real Estate Company #AA9706920 Report a problem | ||
| 8/8/2016 | Price change | $599,900-7.7%$261/sqft |
Source: Curtis Real Estate Company #AA9706920 Report a problem | ||
| 7/6/2016 | Listed for sale | $649,900$282/sqft |
Source: Curtis Real Estate Company #AA9706920 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,002 -5.1% | $808,667 +5% |
| 2024 | $8,434 +5% | $770,200 +4.7% |
| 2023 | $8,036 +9.6% | $735,867 +4.9% |
| 2022 | $7,331 +5.1% | $701,533 +5.1% |
| 2021 | $6,972 +2.1% | $667,200 +2.2% |
| 2020 | $6,827 +2.2% | $652,700 -2.2% |
| 2019 | $6,682 +5.7% | $667,200 +7% |
| 2018 | $6,324 +9.1% | $623,700 +9.6% |
| 2017 | $5,799 | $568,900 +10.7% |
| 2016 | -- | $514,100 +11.9% |
| 2015 | -- | $459,300 +0.1% |
| 2014 | -- | $458,900 +0.1% |
| 2013 | -- | $458,500 +0.1% |
| 2012 | -- | $458,100 |
| 2011 | -- | $458,100 |
| 2010 | -- | $458,100 -40.7% |
| 2009 | -- | $771,960 +19% |
| 2008 | -- | $648,770 +23.4% |
| 2007 | -- | $525,580 +30.6% |
| 2006 | -- | $402,390 +17.7% |
| 2005 | -- | $341,966 +21.5% |
| 2004 | -- | $281,543 +27.3% |
| 2003 | -- | $221,120 |
| 2002 | -- | $221,120 |
| 2001 | -- | $221,120 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 21012
Nearby schools
Schools provided by the listing agent
- Elementary: Broadneck
- Middle: Magothy River
- High: Broadneck
- 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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