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💸 ROI Meets Location: Kent Island Flip with A+ Location Available

  • 4 beds
  • 2.5 baths
  • 2,580 sqft

306 N Lake Dr, Stevensville, MD 21666

🔥 Stevensville Colonial — Water View,  Large Lot, Clean Cosmetic Flip

This is the kind of opportunity investors wait for—a well-maintained, owner-occupied Colonial with Tolson Creek water views, tucked in one of Stevensville’s most desirable neighborhoods.

With 4 bedrooms, 2.5 baths, and over 2,500 SQFT above grade, this one delivers scale, lifestyle appeal, and a clean cosmetic value-add path. You’re not rebuilding—you’re refining.


🧱 PROPERTY HIGHLIGHTS

✅ Cosmetic Rehab Only: Flooring, paint, kitchens & baths—no major systems or layout headaches.

✅ Large, Livable Layout: 4BR / 2.5BA with family room, sunroom, and fireplace—ideal footprint for resale.

✅ Desirable Lot & Location: Fully fenced 0.6 acre lot with waterview + neighborhood curb appeal.

✅ Sunroom & Skylights: Recent upgrades include ceramic tile flooring and new windows in the sunroom—natural light + added living space.

✅ Massive Detached Garage: 40×47 garage is a rare investor asset—perfect for resale appeal or premium rent bump.


💡 WHY THIS DEAL MAKES SENSE

  • 💸 Cosmetic-Only Scope = Faster flip, shorter hold time

  • 📍 Queen Anne’s County = Desirable DOM + premium buyer pool

  • 📈 ARV in the $545K range, with comps to support

  • 🚫 No basement = no foundation surprises

  • 🔁 Rental fallback with room for strong monthly cash flow


🧠 YOU SHOULD KNOW:

  • This is not distressed—you’re working with a clean base and strong structure.

  • Buyer expectations are high in this neighborhood, but so are the price points.

  • Water view = automatic resale premium.

THE NUMBERS THAT MATTER

  • ✔ ARV: $545,000
    ✔ Price: $411,400
    ✔BUY IT NOW: $415,500

If 2+ offers come in, we go straight to best & final with those two only.

Closing by 9/30/2025

Submit Offer Here 

📈 Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=50349212870#1

 

Buy It Now Guidelines

Our “Buy It Now” program is only accessible for VIP buyers.
Please review the following guidelines to understand how the program works:

1. Exclusive Access

  • The “Buy It Now” program is available for a short window exclusively to VIP buyers. This is a unique opportunity to purchase properties at a discounted price before they are opened to the broader market.

2. Property Access

  • During the “Buy It Now” window, there will be no access to the property. However, we provide full pictures and walkthrough videos to assist you in assessing the property.
  • Any specific notes on the condition will be shared, and if there are known latent defects, we will highlight those for transparency.
  • We encourage you to reach out with any questions regarding the property’s condition.

3. Limited Time Opportunity

  • This is a brief and exclusive window for purchasing. Once the program opens, interested buyers must act quickly, as the buying process will close at the advised time.

4. Offer Process

  • The “Buy It Now” price will secure the deal unless we receive two or more offers. In the event that we receive multiple Buy It Now offers, we will kindly request the buyers to submit their best and final offers.

5. Post-Window Access

  • After the “Buy It Now” window closes, the property will be made available to our entire buyers list via email.
  • A one-time showing will be organized for all buyers interested in the property.

6. Final Selection

  • After the showing, we will select the best and highest offer for the property.

7. Offer Acceptance

  • Buy It Now offers will be accepted for 3 hours following the VIP text notification.
  • If 2 or more offers are received, we will request best and final offers only from those buyers.

8. Closing Details

  • The closing date will be set for on or before 10/15/2025 at RESE Title.
  • The preferred payment method is cash or hard money. Cash offers are always preferred for a smoother transaction.
Geographic Information
County: Queen Annes, MD
Municipality: Unincorporated
High Sch Dist: Queen Anne’s County Public Schools
Tax ID: 1804026233
Tax Map: 0070
Tax ID Alt: 04026233
Block: V
Tax Act Num: 026233
City Council Dist: 04
Lot: 17
Parcel Number: 96
Census: 8109.022
Qual Code: Good
Sub Section: 3
Sub District: 0
Sub Parcel: 0096
Legal Subdivision: KENT ISLAND ESTATES
Assessment & Tax Information

 

Tax Year: 2025
County Tax (Est): $3,515
Asmt As Of: 2025
Annual Tax (Est): $3,515
Taxable Land Asmt: $185,200
Taxable Bldg Asmt: $257,300
State/County Tax: $3,515
Taxable Total Asmt: $407,800

 

Class Code: 09
Lot Characteristics

 

 

County Desc: Water View
Lot Desc: Water View
SQFT: 26,150
Acres: 0.6000
Zoning: NC-20
Zoning Desc: Neigh Consrv Dist-20,000 Sf

 

Building Characteristics

 

Total SQFT: 2,580
Residential Type: Standard Unit
Residential Design: 1 Story
Stories: 2.00
Total Units: 1
Abv Grd Fin SQFT: 2,580
Model: Standard Unit
Part Baths: 1
Fireplace Total: 1
Porch/Deck: Porch
Porch Type: 1 Story Open
Garage Const: Frame
Cooling: Combined System
Bldg Condition: Good
Full Baths: 2
Total Baths: 2.5
Exterior: Siding – Alum/Viny
Stories Desc: 2
Roof: Shingle – Composite
Fireplace: Yes
Fireplace Type: 2 Story Brick
Porch/Deck SQFT: 220
Att Grg SQFT: 728
Heat Delivery: Hot/Warm Air
Property Class Code: R
Garage Type: Attached
Water: Private
Sewer: Public
Year Built: 1979
Total Garage SQFT: 728
Sec 1 Construction: Sec 1 Area: 220 Sec 1 Story Type: 1
Sec 1 Description: 1 Story Open Porch Sec 1 Dimensions: Sec 1 Type:
Sec 2 Construction: Frame Sec 2 Area: 728 Sec 2 Story Type:
Sec 2 Description: Frame Attached Garage Sec 2 Dimensions: Sec 2 Type:
Sec 3 Construction: Sec 3 Area: 312 Sec 3 Story Type: 1
Sec 3 Description: 1 Story No Basement Sec 3 Dimensions: Sec 3 Type:
Sec 4 Construction: Sec 4 Area: 1092 Sec 4 Story Type: 2
Sec 4 Description: 2 Story No Basement Sec 4 Dimensions: Sec 4 Type:
Sec 5 Construction: Sec 5 Area: 84 Sec 5 Story Type: 1
Sec 5 Description: 1 Story No Basement Sec 5 Dimensions: Sec 5 Type:
Codes & Descriptions

 

 

Land Use: R Residential
County Legal Desc: LOT 17, BLK V SECTION 3 KENT ISLAND ESTATES
Use Type: 2 Story No Basement

 

County Land Desc: Water View
Address:
306 N Lake Dr
Stevensville, MD 21666
Square Feet:
2,580
Lot Size:
26,150
Bedrooms:
4
Bathrooms:
2.5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1979
Basement:
None

Call 410-316-6197 for more details

Property Location

Call Us!
410-316-6197