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$2,395,000

  • For Sale
  • Under Contract
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,105 Sq. Ft.
  • 2 Car Garage
  • Updated 4 days ago
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Under contract! Back up offers accepted. Wake up every morning to panoramic views of the Chesapeake Bay, surrounded by natural beauty, serenity, and privacy. This is a once-in-a-lifetime opportunity to build the home of your dreams on spectacular 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. Please note that this property has a non-habitable structure on it that is most likely a tear down and is most likely unsafe to enter. There is significant erosion on the slope requiring remediation. Rough estimates available. 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 Mcdonald golf course with no T times, tennis, pickle ball, skeet shooting, swimming, summer camp, and a yacht club for both power and sail, and a skeet range. A full-service yacht yard is on the Island, along with walking trails. There is a stunning 43-acre freshwater spring fed lake for non-motorized watercraft, swimming, paddleboarding, kayaking and fishing. Enjoy the Island's 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. With easy access to the Amtrak station and BWI airport, it is only a 25-minute drive! Build your future on Gibson Island. Opportunities like this are truly rare.

Full Property Details for 517 Broadwater Way

General

  • Price: $2,395,000
  • HOA FEE: $976/month
  • Taxes: $32,232 (2026)
  • Status: Under Contract
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDAA2128254
  • Updated: 12/17/2025
  • Added to Site: 79 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Floor Baths: 1
  • Upper - Full Baths: 1
  • Main Floor Baths: 2
  • Main - Full Baths: 1
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Upper: 2
  • Bedrooms Main & Up: 2

Additional Information

  • Shared Amenities: Beach, Bike Trail, Common Grounds, Gated Community, Lake, Security, Water/Lake Privileges

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Type: Detached Garage
  • Garage Description: Garage - Front Entry

Location

  • County: ANNE ARUNDEL
  • Subdivision: GIBSON ISLAND
  • Driving Directions: Gibson Island is a private gated community. Listing Agent is required to accompany to gain access to the property. Directions: 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

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Private Septic Tank
  • Water: Public
  • Utility Description: Electric Available, Water Available

Structural Information

  • Architectural Style: Cape Cod
  • Structure Type: Detached
  • Construction: Stucco
  • Foundation: Crawl Space
  • Roof: Slate
  • Stories Description: Main, Upper 1
  • Square Feet: 3,105
  • Sq. Ft. Source: Assessor
  • Living Area: 3,105 Sq. Ft.
  • Finished Above Grnd: 3,105 Sq. Ft.
  • Year Built: 1925
  • Year Built Source: Assessor
  • Property Condition: Major Rehab Needed, Below Average

Additional Structures

  • Other Structures: Garage(s)

Lot Features

  • Property View: Bay, Street, Water, Trees/Woods, Garden/Lawn, Golf Course
  • Lot Size (Acres): 0.88
  • Lot Size (Sq. Ft.): 38,115
  • Lot Size Source: Assessor
  • Zoning: R1
  • Lot Description: Front Yard, Level, SideYard(s), Premium, Partly Wooded

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Bay
  • Water Front Name: Chesapeake Bay

Financial Considerations

  • Price Per Sq. Ft.: $771.34
  • Association Fee: $976
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 2025
  • Tax w/Assessment: $2,392,567
  • Tax Amount: $32,232
  • Tax Year: 2026
  • Tax Total Finished Sq. Ft.: 3105

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 294

Listed by Gibson Island Real Estate INC, Sarah E Kanne

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Listing agent

— 517 Broadwater Way —

  • Sarah E Kanne

    Gibson Island Real Estate INC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 517 Broadwater Way

School District:Anne Arundel County Public Schools
NameGradesDistance
Bodkin Elementary School
8320 Ventnor Road, Pasadena, MD 21122
K-53 mi
Chesapeake Bay Middle School
4804 Mountain Road, Pasadena, MD 21122
6-82.6 mi
Chesapeake High School, Pasadena, MD
4798 Mountain Road, Pasadena, MD 21122
9-123 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 517 Broadwater Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/01/2025
Listed
$2,395,000
29.66%
MLS
8/01/2019
Sold
$1,847,085
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 517 Broadwater Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$32,233
31%
$2,392,567
2%
2023
$24,583
—
$2,354,900
5%
2023
$24,583
10%
$2,251,200
5%
2022
$22,441
7%
$2,147,500
5%
2018
$20,987
-21%
$2,043,800
—
2021
$26,659
—
$2,043,800
—
2020
$26,679
1%
$2,043,800
-1%
2019
$26,331
1%
$2,069,700
1%
2018
$26,152
1%
$2,047,500
1%
2017
$25,831
1%
$2,025,300
1%
2016
$25,550
12%
$2,003,100
—
2015
$22,774
75%
$2,003,100
—
2014
$12,991
—
$2,003,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Gibson Island Real Estate INC, Sarah E Kanne

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517 Broadwater Way, Gibson Island, MD 21056 (MLS# MDAA2128254) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 517 Broadwater Way is currently listed for $2,395,000 and was received on November 01, 2025. Want to learn more about 517 Broadwater Way? Do you have questions about finding other Single Family 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.

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