523 Broadwater Way Gibson Island, MD $ 4,795,000
523 Broadwater Way
$ 4,795,000
New Construction
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523 Broadwater Way

Gibson Island, MD, 21056
$ 4,795,000
Bedrooms3 Baths3.1 Sq 3,909

Monthly Estimate*

$ 33,495

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Single Family Home for sale in Gibson Island, MD

for $4,795,000 with 3 bedrooms and 3 full baths, 1 half bath. This 3,909 square foot home was built in 2020 on a lot size of 0.77.

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 Rooms 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)

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Single Family Pending

Price

$ 4,795,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 38,368

Style

Cottage

Lot Size

0.77

Year Built

2020

Town/City

Gibson Island

County/Region

Anne Arundel

MLS | Web ID

MDAA2072662

Features
General
Interior Features 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 Kit
Sewer On Site Septic
Heating Zoned Central Programmable Thermostat
Cooling Central A/C Geothermal Zoned Programmable Thermostat
Utilities Water Available Electric Available Under Ground Propane Cable TV Available
Possession Negotiable
Roof Metal Shake Shingle
Appliances Air Cleaner Built-In Microwave Dishwasher Dryer - Front Loading Exhaust Fan Oven - Double Range Hood Refrigerator Six Burner Stove Washer Oven/Range - Gas Built-In Range Freezer Icemaker Water Heater
Exterior Features Exterior Lighting Outside Shower BBQ Grill Gutter System Other Underground Lawn Sprinkler Outbuilding(s) Sidewalks
Zoning R1
HOA 925.00
Garage Spaces 3.00
Pool Y/N No Pool
Association Fee Includes Common Area Maintenance Security Gate Trash Other
Patio/Porch Features Deck(s) Screened Porch(es) Enclosed Brick
Architectural Style Cottage
Security Features Security Gate Sprinkler System - Indoor 24 hour security Carbon Monoxide Detector(s) Smoke Detector
Construction Materials Shake Siding Shingle Siding Cedar
Exclusions Main Level - Half Bath: the beaded overhead light does not convey. Main Level- Bedroom 3/Office: mounted wall shelving does not convey. Second Level - Primary Bath: mirrors over vanity do not convey
Year Built 2020
Electric 120/240V
View Bay Garden/Lawn Golf Course Panoramic Trees/Woods Water Scenic Vista
Levels 3
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Geothermal Electric
Waterfront Features Rip-Rap
Accessibility Other >84 Garage Door 32 + wide Doors 36 + wide Halls
Assoc Fee Paid Per Monthly
County ANNE ARUNDEL
New Construction Y
Property Type Residential
Association Amenities Beach Common Grounds Gated Community Jog/Walk Path Lake Non-Lake Recreational Area Picnic Area Security Water/Lake Privileges Pier/Dock
HOA / Comm Assn Y
Subdivision Name GIBSON ISLAND
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status PENDING
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 prosp
City GIBSON ISLAND
Buyer Agent Compensation 2.5
Body of Water Chesapeake Bay
Disclosures Lead Based Paint - Federal Lead Based Paint - State Subject to Condo/HOA Docs
Association Name GIBSON ISLAND CORPORATION
Senior Community Y/N N
Lot Size Square Feet 33600.00
Waterfront Y/N Y
Street Name BROADWATER
Tax Annual Amount 38368.28
Home Warranty Y/N N
Property Condition Excellent
Structure Type Detached
Condo/Coop Association Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 2.00
Price Per Sq Ft 1474.93
Acceptable Financing Cash Conventional
Additional Parcels Y/N N
Construction Completed Y/N Y
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://media.homesight2020.com/523-Broadwater-Way/idx
Days on Market 25
Location Type Bayfront
Builder Name Delbert Adams Baltimore
Standard Status Pending
Year Built Source Estimated
Legal Subdivision GIBSON ISLAND
Tax Lot 292
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Interior
Heating Fuel Geo-thermal Electric
Basement Space For Rooms Interior Access Improved Partially Finished Partial Poured Concrete Connecting Stairway Windows Drain
Flooring Solid Hardwood Ceramic Tile Tile/Brick Concrete
Total Fireplaces 1
Fireplace Features Wood Brick Mantel(s) Equipment Stone
Hot Water Tankless
Basement (Y/N) Y
Heating Y/N Y
Window Features Bay/Bow Transom Casement Screens Double Pane Double Hung Energy Efficient Insulated Wood Frame
Fireplace Y/N Y
Above Grade Finished Area 3251
Full Baths 3
Half Baths 1
Street Suffix WAY
Central Air Y/N Y
Total Bedrooms 3
Below Grade Finished Area 658
Room Type Primary Bedroom Bedroom 2 Bedroom 3 Kitchen Basement Foyer Great Room Laundry Utility Room Bathroom 2 Bathroom 3 Primary Bathroom Half Bath Screened Porch
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
Laundry Type Upper Floor Has Laundry
Below Grade Finished Area Source Estimated
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
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Exterior
Parking Features Gravel Driveway
Lot Features Front Yard Landscaping Premium SideYard(s) Trees/Wooded Level Rip-Rapped
Water Source Public
Garage Features Additional Storage Area Oversized Garage Door Opener Other Garage - Front Entry
Type of Parking Detached Garage Driveway
Foundation Details Slab Crawl Space
Spa N
Water View Y/N Y
Lot Size Acres 0.77
Water Body Type Bay
Lot Size Units Square Feet
Lot Size Source Assessor
Door Features French Double Entry
Horse Y/N N
Navigable Water Y/N N
Water Oriented Y/N Y
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Internal Only
Street Number 1 523
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* Excluded Features
List By
Gibson Island Corporation Real Estate

Broker

sarahkanne@gibsonisland.com

Email

Affordability Calculator

$36,692
Per Month
91%
9%
0%
Monthly Principal & Interest
$33,495
Monthly Property Taxes
$3,197
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3534305 Elementary School
3536157 Middle School
Chesapeake High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$4,795,000 Listed Price

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523 Broadwater Way, Gibson Island, MD, 21056 is a Single Family Home for sale at $4,795,000 with 3,909 sqft and a lot size of 0.77. 523 Broadwater Way has 3 bedrooms, 3.1 baths, and was built in 2020. The property's zip code is 21056 which is in Gibson Island, MD