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.
Sold for $1,150,000
Zillow last checked:
Listing updated:
Bought with:
Rene' Butta, 611120
Coldwell Banker Realty
Source: Bright MLS,MLS#: MDAA2151292
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Sold | $1,150,000-4.1%$500/sqft |
Source:  Bright MLS #MDAA2151292 Report a problem | ||
| 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 | ||
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Estimated market value
$1,150,000
