🔥 Rare St. Mary’s Waterfront Opportunity with Private Dock | 3BD/3.5BA | $410K / $650K+ ARV
⭐ Property Features
- Home Type: Single-Family Home
- Bedrooms/Bathrooms: 3 Bedrooms / 3 Full Baths + 1 Half Bath
- Square Footage: 1,609
- Basement: None (Crawl Space)
- Parking: 1-Car Garage
- Condition: Functional throughout—cosmetic and system updates needed; dated finishes from the 1990s
- HVAC: Central Air—approximately 10+ years old
- Plumbing: Working
- Water/sewer: Private deep well (190 ft) and septic system updated approximately 20 years ago
- Roof/Structure: Approximately 10+ years old
- Windows: Pella Wood Windows
- Flooring: Laminate wood (main living areas), ceramic tile (kitchen and breakfast area), carpet (bedrooms)
- Kitchen Features: Oak cabinets, Formica countertops, ceramic tile flooring
- Year Built: 1930
📍 Location Highlights
Located on Fosters Neck Drive in Bushwood, St. Mary’s County—a waterfront corridor along the Potomac River with strong recreational and vacation property demand in Southern Maryland. Approximately 1 hour from the Washington, D.C. metro area, drawing a wide buyer and vacation rental pool targeting waterfront lifestyle properties.
🔧 Investor Notes / Value-Add Potential
- Asking $410K against a 650K+ ARV—a $240K gross spread with a moderate cosmetic rehab targeting 1990s-era kitchen, baths, and finishes throughout
- Standout waterfront asset: 153 feet of Potomac River frontage and a 100-foot pier on 0.9 acres—rare inventory in St. Mary’s County at this price point
- Core mechanicals and infrastructure in place: roof, HVAC, 200-AMP electrical, deep well, and septic all functional
- Vaulted ceilings and dock with direct boat access add retail and rental appeal without additional structural investment
- Fix-and-flip targeting waterfront retail buyers or short-term/vacation rental repositioning for recurring income
💰 Investor Numbers
Asking Price: $410K
ARV: $650K+
EMD: $7500
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COMPS:
📝 Access Policy
- To respect the seller and streamline the process, we prioritize buyers who provide a preliminary offer range, proof of buying criteria, or, when applicable, proof of funds.
- Showings are limited and offered only to buyers who indicate they are prepared to perform within reasonable proximity to the listed price expectations
📍 INVESTOR DISCLOSURES
- As always, we co-op with all agents
- All offers via our wholesale assignment contract (not a sale of equity).
- Cash / Hard Money / Private Money only.
- Proof of funds required.
- EMD: $7500 within 24 hrs of contract acceptance.
- Closing with Lakeside Title Company.
- As-Is sale; buyer to perform due diligence
- Expected settlement: September 28th, 2026
CLICK TO MAKE AN OFFER
📞 Questions Before Submitting an Offer?
Contact our dispositions manager: