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.
For sale
$995,000
40003 Tippit Rd, Leonardtown, MD 20650
3beds
2,490sqft
Est.:
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
- 11 hours |
- 228 |
- 23 |
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#: MDSM2030260
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
Estimated market value
$771,700
$695,000 - $857,000
$1,950/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Listed for sale | $995,000+107.3%$400/sqft |
Source: | ||
| 7/18/2017 | Sold | $480,000-3%$193/sqft |
Source: Public Record Report a problem | ||
| 5/13/2017 | Listed for sale | $495,000+10%$199/sqft |
Source: O Brien Realty #SM9939501 Report a problem | ||
| 12/31/2002 | Sold | $450,000+87.5%$181/sqft |
Source: Public Record Report a problem | ||
| 6/7/2000 | Sold | $240,000+4.3%$96/sqft |
Source: Public Record Report a problem | ||
| 8/15/1997 | Sold | $230,000$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
More affordability tools
Climate risks
Neighborhood: 20650
Nearby schools
GreatSchools rating
- 6/10Benjamin Banneker Elementary SchoolGrades: PK-5Distance: 4.6 mi
- 8/10Leonardtown Middle SchoolGrades: 6-8Distance: 4.4 mi
- 6/10Chopticon High SchoolGrades: 9-12Distance: 6.6 mi
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.
Local experts in 20650
- Maryland
- Saint Marys County
- Leonardtown
- 20650
- 40003 Tippit Rd




