48 E Lake Dr
Annapolis, MD 21403
Local Information
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Description
Last available opportunity for a buildable Waterfront lot on Lake Ogleton in the coveted community of Bay Ridge in Annapolis! This .22 acre lot has been in the same family for the past 58 years and is coming to market for the first time. With 57 feet of waterfrontage on the sparkling shores of Lake Ogleton, the possibilities are endless for building the waterfront home of your dreams! This property is priced to sell quickly, at $361,000 below the tax assessed value! Contact your architect and take the first step toward bringing your vision of the ideal Annapolis lifestyle on the water! The sought-after Bay Ridge Community features a plethora of amenities, including a community pool with a clubhouse that overlooks the beautiful waters of the Bay, community beaches on both the River and the Bay, and a community Marina with a newly renovated clubhouse. Off-the-water activities include enjoying the basketball court, playground, ball fields, pickleball courts, common areas, and year-round community activities. Walk or ride your bike for miles along the water and enjoy all the benefits of the Bay Ridge lifestyle. There is no other place like it! Located just minutes from downtown Annapolis and Eastport, which offer the perfect balance of small-town charm and big world sophistication. Traveling or commuting is just as convenient by easily accessing Rt. 50 and 97, which provides direct access to Baltimore, BWI, Ft. Meade/NSA, and Washington, DC, or head over the Bay Bridge to the Eastern Shore for a quick beach vacation.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
100 days ago
Home Details for 48 E Lake Dr
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View Has a ViewView: Lake, Panoramic, Scenic Vista, Water |
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Frontage WaterfrontWaterfront: Private Dock Site, Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard, LakeOn Waterfront |
Water & Sewer Sewer: Public SewerWater Body: Lake Ogleton |
Farm & Range Frontage Length: Road Frontage: 45, Water Frontage Ft: 57 |
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Days on Market: 100 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building No Additional Parcels |
Property Information Parcel Number: 020204711697000 |
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Price List Price: $1,895,000 |
Status Change & Dates Possession Timing: Immediate, Close Of Escrow |
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MLS Status: ACTIVE |
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Direction & Address City: ANNAPOLISCommunity: Bay Ridge |
School Information Elementary School District: Anne Arundel County Public SchoolsJr High / Middle School District: Anne Arundel County Public SchoolsHigh School District: Anne Arundel County Public Schools |
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Listing Agent Listing ID: MDAA2137314 |
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No HOA |
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Lot Area: 9790 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Business Information Ownership: Fee Simple |
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Mls Number: MDAA2137314Water ViewWater View: Lake, Water |
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HOA Amenities: Baseball Field,Basketball Court,Beach Access,Boat Dock/Slip,Boat Ramp,Common Grounds,Marina/Marina Club,Meeting Room,Mooring Area,Pier/Dock,Pool,Pool Mem Avail,Tot Lots/Playground,Water/Lake PrivilegesSource Internet Entire Listing Display: Y |
Last check for updates: about 1 hour ago
Listing courtesy of Brad Kappel, (410) 279-9476
TTR Sotheby's International Realty, (410) 280-5600
Listing Team: Brad Kappel Team
Source: Bright MLS, MLS#MDAA2137314

Price History for 48 E Lake Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 04/16/2026 | $3,788,000 | PriceChange | Bright MLS #MDAA2142464 |
| 02/23/2026 | $1,895,000 | Listed For Sale | Bright MLS #MDAA2137314 |
| 01/03/2026 | $1,999,900 | ListingRemoved | Bright MLS #MDAA2132404 |
| 12/03/2025 | $1,999,900 | Listed For Sale | Bright MLS #MDAA2132404 |
| 12/01/2025 | $1,999,900 | ListingRemoved | Bright MLS #MDAA2130368 |
| 11/02/2025 | $1,999,900 | Listed For Sale | Bright MLS #MDAA2130368 |
| 11/01/2025 | $1,999,900 | ListingRemoved | Bright MLS #MDAA2124832 |
| 08/28/2025 | $1,999,900 | Listed For Sale | Bright MLS #MDAA2124832 |
| 07/22/2025 | $2,150,000 | ListingRemoved | Bright MLS #MDAA2118680 |
| 06/18/2025 | $2,150,000 | Listed For Sale | Bright MLS #MDAA2118680 |
| 06/17/2025 | $2,390,000 | ListingRemoved | Bright MLS #MDAA2113706 |
| 05/05/2025 | $2,390,000 | Listed For Sale | Bright MLS #MDAA2113706 |
| 04/30/2025 | ListingRemoved | N/A | |
| 04/18/2025 | $2,550,000 | PriceChange | N/A |
| 03/28/2025 | $2,650,000 | Listed For Sale | N/A |
| 03/15/2025 | $2,850,000 | ListingRemoved | Bright MLS #MDAA2101706 |
| 01/13/2025 | $2,850,000 | Listed For Sale | Bright MLS #MDAA2101706 |
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Property Tax and Assessment
| Year | 2025 |
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| Tax | $21,834 |
| Assessment | $1,894,733 |
Home facts updated by county records
Comparable Sales for 48 E Lake Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.06 | Lot/Land | $157,000 | 11/12/25 | - | - | ||
0.81 | Lot/Land | $800,000 | 09/24/25 | - | - | ||
2.40 | Lot/Land | $160,000 | 09/26/25 | - | - | ||
2.34 | Lot/Land | $400,000 | 06/25/25 | - | - | ||
3.94 | Lot/Land | $335,000 | 12/19/25 | - | - | ||
3.91 | Lot/Land | $45,000 | 02/25/26 | - | - | ||
4.43 | Lot/Land | $300,000 | 09/10/25 | - | - | ||
4.43 | Lot/Land | $40,000 | 01/21/26 | - | - | ||
4.45 | Lot/Land | $38,000 | 04/03/26 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 48 E Lake Dr.
What Locals Say about Annapolis
At least 468 Trulia users voted on each feature.
93 % Say it's dog friendly
83 % Say car is needed
75 % Say there's holiday spirit
73 % Say there are sidewalks
73 % Say parking is easy
70 % Say yards are well-kept
68 % Say kids play outside
67 % Say people would walk alone at night
66 % Say streets are well-lit
65 % Say it's quiet
63 % Say there's wildlife
57 % Say it's walkable to restaurants
57 % Say neighbors are friendly
52 % Say they plan to stay for at least 5 years
49 % Say there are community events
48 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Brad Kappel, TTR Sotheby's International Realty, (410) 280-5600
Agent Phone: (410) 279-9476

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
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Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc. Click here for more information
48 E Lake Dr, Annapolis, MD 21403 is a lot/land. This property is currently available for sale and was listed by Bright MLS on Feb 23, 2026. The MLS # for this home is MLS# MDAA2137314.

