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For sale
  • $995,000

    40003 Tippit Rd, Leonardtown, MD 20650

    3beds
    2,490sqft
    : 
    Single Family Residence
    Built in 1900
    0.83 Acres Lot
    $771,700 Zestimate®
    $400/sqft
    $-- HOA

    What's special

    Wood-burning fireplaceBeautiful updated kitchenWinterized pump houseExposed beamsLush landscaping
    If you've been looking for Leonardtown waterfront, look no further! This exceptional .83-acre waterfront retreat on deep, protected Combs Creek offers breathtaking, panoramic views stretching across Breton Bay to the Potomac River. A rare and versatile offering, 40003 Tippit Road features TWO beautifully appointed dwellings, blending historic charm with modern comfort in a truly serene setting. The fully renovated circa-1900 farmhouse welcomes you with warmth and character, featuring 3 bedrooms and 2 baths. Inside, you’ll find a beautiful, updated kitchen, rich yellow pine tongue-and-groove flooring throughout the main level, and abundant natural light pouring in through new windows—many framing captivating water views from nearly every room. Thoughtful upgrades include a new 200-amp electrical service and an energy-efficient on-demand tankless water heater. Complementing the main home is the enchanting “Crossbreeze” studio—a light-filled, architecturally striking space with exposed beams, a wood-burning fireplace, full bath, kitchenette, and flexible sleeping area. With both upper and lower balconies, the studio offers its own private vantage points to soak in the expansive waterfront scenery. A brand-new roof adds peace of mind. Outdoors, the property is equally impressive. The well-maintained shoreline is protected with rip rap and enhanced by a private dock complete with a 10,000 lb boat lift—perfect for boating enthusiasts. Nature lovers will appreciate the abundant wildlife, including ospreys nesting beside the pier. Lush landscaping and raised vegetable gardens create a tranquil, self-sustaining oasis, while a winterized pump house and state-of-the-art water filtration system support the well water system. Public sewer service adds additional convenience. Lovingly maintained and thoughtfully updated, this extraordinary property offers endless possibilities—whether as a primary residence, a multi-generational compound, or an investment opportunity with vacation rental potential. Experience the very best of Leonardtown waterfront living at this one-of-a-kind retreat.
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    Zillow last checked: 7 hours ago

    Listing updated: 11 hours ago

    Listed by:

    Charlotte Long 240-561-2996,

    EXP Realty, LLC 8888607369

    Source: Bright MLS,MLS#: MDSM2030260MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 2
      Rooms
      • Room types: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
      Bedroom 1
      • Features: Flooring - HardWood
      • Level: Upper
      Bedroom 2
      • Features: Flooring - HardWood
      • Level: Upper
      Bedroom 3
      • Features: Flooring - HardWood
      • Level: Upper
      Dining room
      • Features: Flooring - HardWood
      • Level: Main
      Family room
      • Features: Flooring - HardWood
      • Level: Main
      Kitchen
      • Features: Flooring - HardWood
      • Level: Main
      Living room
      • Features: Flooring - HardWood
      • Level: Main
      Heating
      • Heat Pump, Electric
      Cooling
      • Other, Electric
      Appliances
      • Included: Dryer, Refrigerator, Cooktop, Dishwasher, Washer, Electric Water Heater
      Features
      • Flooring: Ceramic Tile, Hardwood, Heated
      • Windows: Bay/Bow
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,490
      • Total interior livable area: 2,490 sqft
      • Finished area above ground: 2,490
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Other
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch
      • Exterior features: Storage
      • Pool features: None
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Rip-Rap, Creek/Stream, Boat - Powered, Canoe/Kayak, Fishing Allowed, Swimming Allowed, Sail
      • Body of water: Combs Creek
      • Frontage length: Water Frontage Ft: 80
      Lot
      • Size: 0.83 Acres
      • Features: Cleared, Cul-De-Sac, Premium, No Thru Street, Private
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 1903001601
      • Zoning: RPD
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Farmhouse/National Folk
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Foundation: Crawl Space
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1900
      • Major remodel year: 2018

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Combs Creek
      HOA
      • Has HOA: No
      Location
      • Region: Leonardtown

      Financial & listing details

      • Price per square foot: $400/sqft
      • Tax assessed value: $643,233
      • Annual tax amount: $6,139
      • Date on market: 3/31/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple
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        Estimated market value

        $771,700

        $695,000 - $857,000

        $1,950/mo

        Price history

        Price history
        DateEventPrice
        3/31/2026Listed for sale$995,000+107.3%$400/sqft
        Source: Bright MLS #MDSM2030260 Report a problem
        7/18/2017Sold$480,000-3%$193/sqft
        Source: Public Record Report a problem
        5/13/2017Listed for sale$495,000+10%$199/sqft
        Source: O Brien Realty #SM9939501 Report a problem
        12/31/2002Sold$450,000+87.5%$181/sqft
        Source: Public Record Report a problem
        6/7/2000Sold$240,000+4.3%$96/sqft
        Source: Public Record Report a problem
        8/15/1997Sold$230,000$92/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$6,996 +17.8%$639,600 +3.4%
        2024$5,939 +20%$618,733 +20%
        2023$4,948 +2%$515,533 +2%
        2022$4,850 +0.5%$505,300 +0.5%
        2021$4,826 +0.5%$502,833 +0.5%
        2020$4,803 +0.5%$500,367 +0.5%
        2019$4,779 $497,900
        2018$4,779 -0.9%$497,900
        2017$4,825 -17.1%$497,900 -0.4%
        2016$5,823 $499,700
        2015$5,823 $499,700
        2014$5,823 $499,700 -11.7%
        2013-- $566,100
        2012-- $566,100
        2011-- $566,100 -15.8%
        2010-- $672,440 +17.3%
        2009-- $573,066 +21%
        2008-- $473,693 +26.5%
        2007-- $374,320 +12.5%
        2006-- $332,826 +14.2%
        2005-- $291,333 +16.6%
        2004-- $249,840 +6.6%
        2003-- $234,270 +7.1%
        2002-- $218,700 +7.7%
        2001-- $203,130

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $5,609/mo
        Principal & interest
        $4946
        Property taxes
        $663
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          Climate risks

          Neighborhood: 20650

          Getting around

          6 / 100
          Car-Dependent
          24 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: St. Mary's 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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