Upper Marlboro - Frank Godfrey
1/90
Listing Courtesy Of: Cummings & Co. Realtors, 4108230033, Caroline Nowell
Local Realty Services Provided By: Keller Williams Gateway
Overview
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$1,850,000
2229 CORSICA RD, ESSEX, MD 21221
3 Beds
3 Baths
2,458 sq ft
.7 ac
$1,850,000

2229 CORSICA RD, ESSEX, MD 21221

Estimation provided by Keller Williams Realty Inc.
3 Beds
3 Baths
2,458 sq ft
.7 ac
PENDING
For Sale

Property Description

3 Homes and a MARINA!!!Don’t miss this rare opportunity to live on the water with your own Marina! 36 slips, a dock store, and gas and diesel pumps. This is a unique Marina that offers the joys of living on the water and having a money making business but without many of the hassles: we don't sell boats, repair boats, or store boats.The Marina offers multiple revenue streams, from the rental of the houses to the slip rentals to the sale of gas/diesel and other marine products. While there are some boats “stored” (on their rented lifts) and some fuel sales occur throughout the year, basically the Marina is open from April to November. This is the opportunity to live in a beautiful house, on a quiet end of street peninsula, on the water and have income. The Marina manager takes care of all of the technicals when it comes to the Marina. The owner’s house—2229—has been vacated in case a new owner wishes to live on the property. The main floor has a living room, dining room, open floor concept kitchen, full bathroom, and large laundry/ storage room. On the main level there is an unobstructed view of Norman Creek, and there is a front covered porch running the width of the house (with outdoor fans). Sit on your front deck overlooking the creek and your marina while you enjoy your morning coffee or an evening beverage. The upper level of 2229 Corsica has 3 bedrooms with 2 full bathrooms. The owner’s suite faces the water with 17 foot high ceilings, large bay windows to give optimal water vantage point, a huge built in desk that over looks the Marina and a meticulously crafted en-suite bathroom with a steam shower.The basement level is a mixture of private owner space, a large workshop with multiple workbenches, a vast array of tools that are negotiable with the sale, marina equipment, and “public space” : two large bathrooms with showers that can be accessed from the dock by the slip holders.2227 Corsica (the middle house) is 1480 ft.² with 3 bedrooms and 3 full bathrooms. The main level has a sunroom that runs the width of the house with a pellet stove that makes the room usable year around, living room, dining room, kitchen, and laundry room with one bedroom and full bathroom. The second level has 2 bedrooms and 2 full bathrooms. The owner’s suite has a gorgeous water view from the large bay window. In front of the sunroom is a large block patio that offers a wonderful outside space to enjoy Norman Creek. Just beyond the patio closer to the water is a large landscaped sitting area that surrounds a handcrafted fire pit. 2225 Corsica Rd. has 2 bedrooms, 1 full bathroom and a total of 1,540 sqft. The upper level is 880 sqft and the unfinished basement with work area, storage, and laundry is 660 sqft.There are a total of 3 docks on the 3 parcel property: the primary marina dock and then two smaller (40’ and 50’) docks in front of 2225 and 2227 Corsica. All docks have electric and water and these docks, and their related slips, can be treated as part of the marina generally or could be managed as private docks for each of the houses. There are multiple revenue earning streams here at 2225-2229 Corsica Rd. aka Norman Creek Marina. Ask the listing agent about the tax advantages and offer to purchase “Norman Creek Properties LLC” with additional tax advantages.

Property Details

Compare This Home
Overview
Property Type
Detached
Property Size
2,458 sq ft
Year Built
1928
Days on Site
295 Days
HVAC
Cooling: Central A/C, Heating: Heat Pump(s), Cooling Fuel: Electric, Heating Fuel: Electric
Parking
28 Parking Spaces
The Godfrey Group
Upper Marlboro
MD533395 - DC SP102023

Activity History

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Purchase Price: $1,850,000
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Price & Tax History

Date
Event
Price
09/24/2024
Price Decrease
$1,850,000
(-1.6%)
08/24/2024
Price Decrease
$1,880,000
(-4.52%)
06/05/2024
Listed
$1,969,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$3,320
(-33.72%)
$454,800
Land 353,400 + Additions 91,500
2022
$5,010
(-8.17%)
$444,900
Land 353,400 + Additions 91,500
2020
$5,455
(+0.68%)
$444,900
Land 353,400 + Additions 91,500
2019
$5,418
(+12.16%)
$399,867
No Breakdown Available
2018
$4,831
(+18.8%)
$349,633
No Breakdown Available
2017
$4,067
$299,400
Land 200,300 + Additions 99,100
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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The Godfrey Group
Upper Marlboro
MD533395 - DC SP102023

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