353 South Drive

Severna Park MD 21146

2648 sq. ft.

40419 sq. ft.

Single-Family

Last sold for $999,000

Matt Wyble, last sold this property on 30 July 2026 after 35 days on market.

Overview

Rare opportunity to create a premier waterfront estate on the Magothy River. Situated on an exceptional waterfront lot, 353 South Drive offers endless possibilities for buyers seeking a custom waterfront lifestyle in one of Anne Arundel County's most desirable locations. The existing home is in need of significant renovation, making this an ideal opportunity to rehab, expand, or start fresh with a new custom residence. A variance has already been obtained allowing for expansion of the current footprint, including plans for a pool and pool house. Alternatively, buyers may choose to remove the existing structure and construct a larger home positioned farther back on the lot to maximize the property's potential. Unlike many waterfront redevelopment opportunities, several major improvements have already been completed, including a newer bulkhead and pier. Public water and sewer service further enhance the property's appeal and simplify future development plans. Whether you're a builder, investor, or end user searching for a one-of-a-kind waterfront homesite, this property offers a unique combination of location, flexibility, and upside potential. Bring your vision and create the waterfront retreat you've always imagined.

Features

3 bedrooms

2 bathrooms

2648 sq. ft. floor area

40419 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Severna Park over the last 12 months, the estimated median property value of 353 South Drive is $640k.

Median value

$640k

Estimated value range

$325k - $2.5m

Median days on market

Estimated value trend

-5%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Severna Park. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.