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$2,050,000
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Property Description
Wake up every morning to panoramic views of the Chesapeake Bay, surrounded by natural beauty and serenity. This is a once-in-a-lifetime opportunity to build the home of your dreams on Gibson Island, one of Maryland's most sought-after private gated communities. A prime waterfront lot, this exceptional property offers breathtaking, unobstructed views of the Bay - a front-row seat to sunrises, sailboats, and the tranquil rhythm of coastal living. Whether you envision a classic coastal retreat or a modern architectural masterpiece, this blank canvas allows you to bring your vision to life in an idyllic, secure setting. A short walk to the Gibson Island Club, also enjoy magnificent views of the first fairway of the Gibson Island Club Golf course from the non-waterfront side of the property. This is more than just land - it is an invitation to create a legacy, a place where memories are made, and a lifestyle that embodies peace, elegance, and timeless waterfront living. Build your future on Gibson Island. Opportunities like this are truly rare. Please note that this property has a non-habitable structure on it that is most likely a tear down and unsafe to enter. There is significant erosion on the slope requiring remediation. Gibson Island is a gated sanctuary known for its privacy, natural beauty, and world-class amenities, including a private country club (membership by invitation) that includes a Seth Raynor Charles Blair Macdonald golf course, tennis, pickle ball, skeet shooting, swimming, summer camp, a world-renowned yacht club for sail and power. There is a full-service yacht yard and walking trails. There is a 43- acre freshwater spring fed lake for non-motorized watercraft, swimming, paddleboarding, kayaking and fishing. Enjoy the Islands private beaches and shorelines. With only a limited number of homes and a strong sense of community, the Island offers a rare blend of casual living, and charm - just an hour from Washington, D.C., 45 minutes from Baltimore, and 40 minutes from Annapolis. Easy access to the Amtrak station and BWI airport--only a 25- minute drive!
Full Property Details
Full Property Details for 517 Broadwater Way
General
- Sold For: $2,050,000
- HOA FEE: $976/month
- Taxes: $32,232 (2026)
- Status: Closed
- Type: Lots/Land
- Source: BrightMLSMidAtlantic
- MLS ID: MDAA2128252
- Added to Site: 197 day(s) ago
Additional Information
- Shared Amenities: Beach, Bike Trail, Common Grounds, Gated Community, Jog/Walk Path, Lake, Security, Other
Location
- County: ANNE ARUNDEL
- Subdivision: GIBSON ISLAND
- Driving Directions: Gibson Island is a private gated community. Listing Agent is required to accompany at all times. 100 East to Mountain Road, which dead ends on Gibson Island. Proceed down causeway and make left on Broadwater Way . Property is on the Bay side to the left.
- Location Details: Bayfront
School Information
- School District: Anne Arundel County Public Schools
- Elementary School: Bodkin
- Middle School: Chesapeake Bay
- High School: Chesapeake
Community
- Association: Yes
- Assoc. Name: GIBSON ISLAND CORPORATION
- Assoc. Fees Include: Common Area Maintenance, Security Gate, Trash, Other
Utilities
- Sewer: On Site Septic
- Water: Public
- Utility Description: Electric Available, Water Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Bay, Water, Trees/Woods, Golf Course, Garden/Lawn
- Lot Size (Acres): 0.88
- Lot Size (Sq. Ft.): 38,115
- Lot Size Source: Assessor
- Zoning: R1
- Lot Description: Front Yard, Level, SideYard(s), Partly Wooded, Premium
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Bay
- Water Front Name: Chesapeake Bay
Financial Considerations
- Price Per Sq. Ft.: $62.84
- Association Fee: $976
- Assoc Fee Freq.: Monthly
- Assessment Year: 2025
- Tax w/Assessment: $2,392,567
- Tax Amount: $32,232
- Tax Year: 2026
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 294
Listed by Gibson Island Real Estate INC, Sarah E Kanne
Sold by Unrepresented, Unrepresented
Get Pre-Approved Today
Schools
Schools serving 517 Broadwater Way
School District:Anne Arundel County Public Schools
| Name | Grades | Distance |
|---|---|---|
Bodkin Elementary School 8320 Ventnor Road, Pasadena, MD 21122 | K-5 | 3 mi |
Chesapeake Bay Middle School 4804 Mountain Road, Pasadena, MD 21122 | 6-8 | 2.6 mi |
Chesapeake High School, Pasadena, MD 4798 Mountain Road, Pasadena, MD 21122 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 517 Broadwater Way
Date
Details
Price
Change
Source
5/01/2026
Sold
$2,050,000
-14.41%
MLS
11/01/2025
Listed
$2,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
517 Broadwater Way, Gibson Island, MD 21056 (MLS# MDAA2128252) is a Lots/Land property that was sold at $2,050,000 on May 01, 2026. Want to learn more about 517 Broadwater Way? Do you have questions about finding other Lots/Land real estate for sale in Gibson Island? You can browse all Gibson Island real estate or contact a Coldwell Banker agent to request more information.

