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523 Broadwater Way, Gibson Island, MD, 21056

$4,795,000

3 Bedrooms
3 Full Baths, 1 Partial
3,909 SqFt
$1,227/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Storage Area, Oversized, Garage Door Opener, Other, Garage - Front Entry, Gravel Driveway, Detached Garage, Driveway
Garage3 spaces
Year BuiltNew Const., 2020
HeatingZoned, Central, Other
CoolingCentral Air, Geothermal, Zoned
BasementYes
WaterfrontRocky Shoreline
FireplaceWood, Brick, Mantel(s), Equipment, Stone
ViewBay, Garden, Golf Course, Panoramic, Trees/Woods, Water
MLS #MDAA2072662
Lot Size0.77 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 523 Broadwater Way

This property is under contingent contract. The property remains available to show, and back up offers will be considered. Nestled on Gibson Island overlooking the Chesapeake Bay and the Gibson Island Golf course is a simply exquisite, turnkey, white shingle cottage. Completely rebuilt in 2020, this extraordinary three bedroom, three bath, two half-bath property offers an enchanting nod to many of its original features. Inspired by the original 1925 cottage, the custom house is built with meticulous attention to detail using only the finest materials and top-of-the-line craftsmanship. Glorious sunrises from virtually every room rise over continuous honey-colored quarter-sawn oak floors. The magnificent eat-in gourmet kitchen will delight any serious chef. Relax by the fire in the large, beamed Great Room overlooking the Chesapeake Bay. The Great Room’s eastern wall opens completely to the large Ipe deck where spectacular views and the gentle break of the waves are enjoyed. The screened porch off the Great Room offers plenty of space, cool breezes, and more spectacular water views. A stunning ensuite bedroom/office is located on the main level. Upstairs is a primary suite with jaw dropping views of the Bay, another spectacular ensuite bedroom, and a thoughtfully designed laundry room. A matching auxiliary building on the property can accommodate multiple cars, offering a two-door bay, a one-door bay, a fabulous potting room, a second half bath in addition to the one in the main house, and two sinks. Sitting up high from the Chesapeake Bay and back from the road with golf course views, the house has a basement, is equipped with a whole house generator and an outdoor shower and has geothermal heat. This very special property is a five-minute stroll to the Gibson Island Club. 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)

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 2020
  • Stories: 3
  • Living Area: 3,909 SqFt

Listing Office:

  • Office Name: Gibson Island Corporation Real Estate
  • Office Phone: (410) 255-1341
  • Listing Agent: Sarah E Kanne

Interior Features

Interior Information:

  • Appliances: Air Cleaner, Microwave, Dishwasher, Dryer, Exhaust Fan, Double Oven, Range Hood, Refrigerator, Stove, Washer, Oven, Gas Range, Range, Freezer, Ice Maker, Tankless Water Heater, Self Cleaning Oven, Humidifier
  • Basement: Yes
  • Flooring Type: Solid Hardwood, Ceramic Tile, Tile/Brick, Concrete
  • Interior: Air Filter System, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Exposed Beams, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors, Other, Built-Ins, Wainscotting, Attic
  • Fireplace: Wood, Brick, Mantel(s), Equipment, Stone

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Rocky Shoreline
  • View: Bay, Garden, Golf Course, Panoramic, Trees/Woods, Water
  • Exterior: Exterior Lighting, Outside Shower, BBQ Grill, Gutter System, Other, Underground Lawn Sprinkler, Outbuilding(s), Sidewalks

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Additional Storage Area, Oversized, Garage Door Opener, Other, Garage - Front Entry, Gravel Driveway, Detached Garage, Driveway

Lot Features

Lot Information:

  • Lot: Front Yard, Landscaped, Side Yard(s), Wooded, Level
  • Lot Size: 0.77 Acres

Utilities

Utilities Information:

  • Heating: Zoned, Central, Other
  • Cooling: Central Air, Geothermal, Zoned

School Info

Assigned Schools Information:

  • Chesapeake High School, Public District Grades 9-12
  • Chesapeake Bay Middle School, Public District Grades 6-8
  • Bodkin Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 95 North to 100 East to Mountain Road, which dead ends at Gibson Island Gate House. Because Gibson Island is private, there is no admittance without a showing appointment with listing agent and prospects must be accompanied at all times.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,795,000
  • Price Per SqFt: $1,227/SqFt

HOA Fees:

  • Amount: $925
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $22,946
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDAA2072662

Listing Office:

  • Office Name: Gibson Island Corporation Real Estate
  • Office Phone: (410) 255-1341
  • Listing Agent: Sarah E Kanne

IDX Information Deemed Reliable But Not Guaranteed. 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 in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 3:15:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 05, 2016Home Sold
$1,700,000

Tax History

YEARPROP. TAXASSESSMENT
2021$22,946$2,578,500
2020$33,609$2,578,500
2018$28,780$2,262,900
2017$28,894$2,262,900

History based on county public records data.

Payment Calculator

$24.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1381296
7
/10
  • Bodkin Elementary School

  • 8320 Ventnor Rd

  • 3.08 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1381297
6
/10
  • Chesapeake Bay Middle School

  • 4804 Mountain Rd

  • 2.65 miles

  • Public District Grades 6-8

High School

school-card-donut-1381298
4
/10
  • Chesapeake High School

  • 4798 Mountain Rd

  • 2.65 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $165,714. The majority of Anne Arundel County, MD residents have income $200k+ annually. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 523 Broadwater Way

What is the listing price of this property?

The listing price of 523 Broadwater Way property is $4,795,000.

What type of property is this?

The property 523 Broadwater Way is a house located in Gibson Island, Maryland, 21056.

Is this property for sale now?

Accepting Backup Offers: 523 Broadwater Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 523 Broadwater Way are:
Bodkin Elementary School: GreatSchools Rating 7/10
Chesapeake Bay Middle School: GreatSchools Rating 6/10
Chesapeake High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $22,946 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 5, 2016 for $1,700,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 523 Broadwater Way has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 523 Broadwater Way is 3,909 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 523 Broadwater Way is 2020.
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Rocket Homes›Maryland›Anne Arundel County›Gibson Island›21056›523 Broadwater Way

This home is located at 523 Broadwater Way in Gibson Island, MD and zip code 21056 in the Gibson Island neighborhood. This 3,909 square foot home, which was built in 2020, sits on a 0.77 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $4,795,000.

In March 2024, from all listings sold in Anne Arundel County, MD there were more than 182 sold above asking price, over 105 sold below and more than 118 were sold right at the asked price. The number of homes for sale in Anne Arundel County, MD increased by 4.7% between February 2024 and March 2024. The median list price of listings available in March 2024 was $480,099, while the average time on the real estate market was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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