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Sold for $3,300,000
  • $3,300,000

    738 Skywater Rd, Gibson Island, MD 21056

    5beds
    3,540sqft
    Single Family Residence
    Built in 1959
    2.15 Acres Lot
    $3,737,500 Zestimate®
    $932/sqft
    $5,535 Estimated rent

    Home value

    $3,737,500

    $3.44M - $4.15M

    $5,535/mo

    Zestimate® history
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    What's special

    A hidden gem sits quietly back from the road on two extraordinary acres of prime waterfront property. Offering spectacular views of the Magothy River from virtually every room, this vintage mid-century modern house has gorgeous custom wood paneling throughout with parquet floors on most of the main level. Enter the front door to an attractive center hall that opens to a Great Room with fabulous, panoramic water views of the Magothy and a large wood-burning fireplace. Separated from the Great Room by a striking staircase and brick divide is a handsome Dining Room also looking over the Magothy. Adjoining the Dining Room is an attractive Galley Kitchen with a breakfast nook with the swimming pool beckoning in the back. Three ensuite bedrooms are located on the main level. Descend the switch back staircase to a large screened in porch from where one can descend to the large backyard with splendid plantings and swimming pool. The Lower Level boasts a generously sized Family Room with a wood burning fireplace and lovely water views and door opening to an outdoor patio. This level is complete with two additional ensuite bedrooms, a recreation room, a built-in vintage kitchenette, a laundry room, a large storage hall and utility area room. With enormous privacy on the waterfront side, there is a carport with access to the main house and plentiful parking in the front. Information on Gibson Island: Gibson Island is a private island within one hour of Washington, D.C. and Baltimore offering an absolutely extraordinary setting. The Island comprises 1000 acres with seven miles of shoreline. Two thirds of the Island is undeveloped and is owned by the Gibson Island Corporation, the homeowners' association. The remaining third is residential home sites. Gibson Island is located on the western shore of Maryland, so there is no need to cross the Bay Bridge. On the Island is a 43-acre spring fed freshwater lake in which one may enjoy non-motorized watercraft activities such as paddleboarding, canoeing, kayaking, fishing and swimming. The Island offers enormous privacy and security--there is an entry gatehouse staffed 24+Hours and the Island is patrolled by the Gibson Island Police Force (GIPD). The Gibson Island Corporation Service Department offers yard maintenance and landscaping and other services for homeowners. There is a full-service yacht yard. From the Island, it is just a 20-minute drive to BWI Airport and the neighboring Amtrak train station. The Island houses a private country club (membership by invitation) offering yachting, fine dining year-round, tennis, an award-winning Charles Blair Macdonald designed 9-hole golf course, swimming, croquet, skeet shooting, and more. (C)

    Zillow last checked: 8 hours ago

    Listing updated: March 16, 2024 at 06:20am

    Listed by:

    Sarah Kanne 301-351-1319,

    Gibson Island Real Estate INC

    Bought with:

    Non Member

    Metropolitan Regional Information Systems, Inc.

    Source: Bright MLS,MLS#: MDAA2065798MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Basement
    • Area: 2365
    Heating
    • Programmable Thermostat, Radiant, Hot Water, Heat Pump, Propane
    Cooling
    • Ceiling Fan(s), Ductless, Zoned, Central Air, Programmable Thermostat, Electric
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Exhaust Fan, Refrigerator, Dryer, Microwave, Extra Refrigerator/Freezer, Oven, Range Hood, Washer, Water Heater
    • Laundry: Lower Level, Has Laundry, Laundry Chute, Laundry Room
    Features
    • Breakfast Area, Built-in Features, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Eat-in Kitchen, Kitchen - Table Space, Kitchenette, Bathroom - Tub Shower, Kitchen - Galley, Pantry, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Bar, Cedar Closet(s), Open Floorplan, Other, Paneled Walls, 9'+ Ceilings, High Ceilings, Wood Walls
    • Flooring: Ceramic Tile, Hardwood, Stone, Concrete, Heated, Wood
    • Doors: Sliding Glass
    • Windows: Screens, Skylight(s), Window Treatments
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning, Brick, Screen, Stone
    Interior area
    • Total structure area: 4,730
    • Total interior livable area: 3,540 sqft
    • Finished area above ground: 2,365
    • Finished area below ground: 1,175

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt, Circular Driveway, Attached Carport, Driveway
    • Carport spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Porch, Screened, Screened Porch
    • Exterior features: Awning(s), Extensive Hardscape, Lighting, Flood Lights, Stone Retaining Walls, Other
    • Has private pool: Yes
    • Pool features: In Ground, Private
    • Has view: Yes
    • View description: Bay, Garden, Panoramic, River, Trees/Woods, Water, Scenic Vista
    • Has water view: Yes
    • Water view: Bay,River,Water
    • Waterfront features: Rip-Rap, River
    • Body of water: Magothy River, Chesapeake Bay
    • Frontage length: Water Frontage Ft: 243
    Lot
    • Size: 2.15 Acres
    • Features: Front Yard, Landscaped, Poolside, Premium, Rear Yard, SideYard(s), Sloped, Wooded, Open Lot, Bulkheaded, Private
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 020335033475600
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mid-Century Modern
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood Siding
    • Foundation: Block
    • Roof: Other
    Condition
    • Very Good
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: On Site Septic
    • Water: Public
    • Utilities for property: Water Available, Electricity Available, Propane, Underground Utilities

    Community & neighborhood

    Security
    • Security features: Security System, Security Gate
    Location
    • Region: Gibson Island
    • Subdivision: Gibson Island

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $925 monthly
    • Amenities included: Gated, Jogging Path, Non-Lake Recreational Area, Security, Water/Lake Privileges, Beach Access, Common Grounds, Lake, Other
    • Services included: Common Area Maintenance, Security, Trash, Other

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/15/2024Sold$3,300,000-7%$932/sqft
    Source: Bright MLS #MDAA2065798 Report a problem
    2/14/2024Pending sale$3,550,000$1,003/sqft
    Source: Bright MLS #MDAA2065798 Report a problem
    12/14/2023Listing removed--
    Source: Bright MLS #MDAA2065798 Report a problem
    11/3/2023Price change$3,550,000-11.1%$1,003/sqft
    Source: Bright MLS #MDAA2065798 Report a problem
    9/22/2023Listed for sale$3,995,000+56.7%$1,129/sqft
    Source: Bright MLS #MDAA2065798 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $2,541,467 +2.9%
    2024$27,034 +4.6%$2,468,900 +4.3%
    2023$25,840 +9.2%$2,366,300 +4.5%

    Find assessor info on the county website

    Neighborhood: 21056

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bodkin
    • Middle: Chesapeake Bay
    • High: Chesapeake
    • District: Anne Arundel 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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    Estimated market value

    $3,737,500