Waterfront - Seller Financing
Address
2975 Cove Point Road Lusby, MD
Price
$ 599,900
Property Attributes
  • MLS#MDCA169208
  • TypeLand
  • CountyCALVERT
  • CityLusby
  • Zip20657
  • StyleLand/Lot Only
  • Taxes$ 4066
  • Price$ 599,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.01 Acres
Listing Provided Courtesy Of:
Berkshire Hathaway McNelis Group Properties
Data Source:
Bright MLS - 382 - MD
Property Description

LIFE IS NOW!! DESIGN AND BUILD A BIG CHESAPEAKE BAY HOUSE WITH A POOL ON THIS GORGEOUS PRIVATE BEACH. BUILD AN OBX TYPE PLAN. NO HOA. THE SEPTIC IS INSTALLED AND HAS BEEN RECENTLY UPGRADED TO BAT SYSTEM, IMPACT FEES ARE PAID. PERMITS BEING RENEWED NOW-Save at least two years and $75k-$100k off of your project costs and timeline. The intrinsic value of what is already completed for this beachfront build site makes a huge financial and time difference. This level riparian rights beachfront lot on the Chesapeake Bay has a mound system already installed with BAT System as of 2/2021, also please check for NNI species plant removal permit for some thinning of the buffer area. The seller also brought electricity to the building site. Building permits are being updated by the Seller for approximately 79' x 60' 2-story home with 32' x 26' garage AND an inground pool. Enjoy the beauty of the sunrise from your own sandy beach. ALSO, OWNER FINANCING: The Seller will consider financing with a minimum of 25% down, 30-year amortization, minimum of 36 months of payments guaranteed at a 6% interest rate. Buyers must keep building permits updated.

Elementary School Middle School High School
Dowell Elementary School Southern Middle School Patuxent High School
Price History
5/3/2019 Listed $649,900
7/21/2021 8% - $599,900

General Features

Acceptable Financing Cash, Conventional, Seller Financing
Additional Parcels Y/N No
Association Y/N No
Condo/Coop Association Y/N No
County CALVERT
Current Use Land/Lot Only
Days on Market 948
Elementary School DOWELL
High School PATUXENT
Historic Y/N No
Location Type Bayfront
Lot Size Square Feet 87556.00
Middle/Junior High School SOUTHERN
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 6.85
Property SubType Land
Property Type Land
School District CALVERT COUNTY PUBLIC SCHOOLS
School District 121139842846
Sewer Mound System, On Site Septic, Approved System
Subdivision Name NONE AVAILABLE
Tax Annual Amount 4066.0
Tax Lot 2R
Tax Year 2020
Topography Level, beach, flood plain
Utilities Electric Available
Vacation Rental Y/N No
View Bay, Scenic Vista, Water
Water Access Y/N Yes
Water Body Name Chesapeake Bay
Waterfront Features Sandy Beach
Zoning R-1

Exterior Features

Horse Y/N No
Inclusions Building permits being updated now with COA, Inc. BAT Septic system existing with mound system already constructed.
Lot Features Level, Road Frontage, Trees/Wooded, Not In Development
Lot Size Acres 2.01
Lot Size Source Estimated
Navigable Water Y/N Yes
Number of Lots 1
Road Responsibility Public, State
Topography Description Level, beach, flood plain
Water Access Features Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Swimming Allowed, Sail, Waterski/Wakeboard
Water Body Type Bay
Water Oriented Y/N Yes
Water Source Well Required
Water View Y/N Yes
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 20657

Price
AVG $90K
$600K
Taxes
AVG $1,051
$4,066
Visits
AVG 165
1094

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