Date
Details
Price
Change
Source
4/08/2026
Listed
$2,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Offered for sale is a rare and exceptional waterfront property featuring a well-established restaurant with over six decades of successful operation and marina on Neale Sound directly off the Wicomico and Potomac Rivers in Charles County. This iconic destination boasts an approximately 8,712-square-foot restaurant building with inviting outdoor waterfront dining, a convenience store, and a take-out area, plus on-site fuel pumps serving both vehicles and boats. The marina offers over 40 slips equipped for daily and overnight docking, many with electric and water hookups. The property holds valuable licenses permitting on-sale and off-sale beer, wine, and spirits, as well as Maryland Lottery sales, providing diverse and robust income streams. The business also maintains a massive digital footprint with almost fifty thousand Facebook followers, ensuring immediate reach for the next owner. The purchase price includes the real property, marina, business, and all furniture and fixtures. The business will be sold under a separate contract from the real property. Strategically located just a short drive from the Washington, D.C. metropolitan area and Northern Virginia, this property benefits from steady marina traffic, seasonal visitors, and a loyal customer base drawn by its storied history and unmatched waterfront appeal. This opportunity is ideal for an owner-operator or investor seeking a prestigious waterfront hospitality asset with proven profitability and strong growth potential.
Full Property Details
Full Property Details for 16215 Cobb Island Rd
General
- Price: $2,950,000
- Taxes: $17,661 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSMidAtlantic
- MLS ID: MDCH2053018
- Updated: Today (4/8/2026)
- Added to Site: Today
Business
- Business Type: Marina, Restaurant/Bar, Supermarket/Grocery Store
Interior
- Flooring: Ceramic Tile, Carpet, Luxury Vinyl Tile
Parking
- Total Spaces: 65
- Parking Features: Lighted Parking, Paved Parking
- Parking Type: Parking Lot
Location
- County: CHARLES
- Subdivision: COBB ISLAND
- Driving Directions: From Route 301, take MD-257 East (Rock Point Rd) toward Cobb Island. Travel approximately 8 miles and turn Right onto MD-254 (Cobb Island Rd). Cross the bridge onto the island; Captain John’s Crab House and Marina is the landmark property immediately on your Right, situated on Neal Sound.
- Location Details: Business District
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Well
- Utility Description: Electric Available, Propane, Sewer Available
Structural Information
- Construction: Block, Glass, Frame, Masonry, Vinyl Siding
- Roof: Architectural Shingle
- Entry Floor Number: 1
- Building Size: 8712
- Year Built: 1960
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Single
Lot Features
- Property View: Marina, Street, Water
- Lot Size (Acres): 0.6
- Lot Size (Sq. Ft.): 26,136
- Lot Size Source: Estimated
- Street/Road Desc.: Black Top
- Zoning: CV
- Lot Description: Bulkheaded, Fishing Available, Road Frontage, Year Round Access
Water Features
- Water Front: Yes
- Water View: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Access
- Water Front Type: River
- Water Front Name: Neale Sound
- Dock/Slip Conveys: Yes
- Docks: 5
Financial Considerations
- Price Per Sq. Ft.: $338.61
- Assessment Year: 2026
- County Tax: $17,334
- County Tax Freq: Annually
- Tax w/Assessment: $1,369,100
- Tax Amount: $17,661
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Includes real property, business, furniture, and fixtures.
Listed by Berkshire Hathaway HomeServices PenFed Realty, Thomas F. McKay
We Value Your Privacy
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Listing agent
— 16215 Cobb Island Rd —
Thomas F. McKay
Berkshire Hathaway HomeServices PenFed Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 16215 Cobb Island Rd
School District:Charles County Public Schools
| Name | Grades | Distance |
|---|---|---|
Dr. Thomas L. Higdon Elementary School 12872 Rock Point Road, Newburg, MD 20664 | PK-5 | 8 mi |
Piccowaxen Middle School 12834 Rock Point Road, Newburg, MD 20664 | 6-8 | 8.1 mi |
La Plata High School 6035 Radio Station Road, La Plata, MD 20646 | 9-12 | 19.9 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 16215 Cobb Island Rd
Tax History
Tax History for 16215 Cobb Island Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,216
4%
$1,347,933
2%
2023
$17,593
—
$1,326,767
2%
2023
$17,593
8%
$1,305,600
1%
2022
$16,227
3%
$1,295,067
1%
2018
$15,800
-7%
$1,284,533
1%
2021
$17,032
—
$1,274,000
3%
2020
$16,981
6%
$1,236,833
3%
2019
$15,988
3%
$1,199,667
3%
2018
$15,484
2%
$1,162,500
2%
2017
$15,223
2%
$1,144,867
2%
2016
$14,971
2%
$1,127,233
2%
2015
$14,728
—
$1,109,600
—
2014
$14,728
—
$1,109,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16215 Cobb Island Rd
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- Single Family
- Active
- Updated 5 days ago
- 5Beds
- 3Total Baths
- 3,008Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 4Total Baths
- 3,174Sq. Ft.
- Single Family
- Active
- Updated 2 hours ago
- 3Beds
- 2Total Baths
- 1,288Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 2,712Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 4Total Baths
- 3,703Sq. Ft.
- Single Family
- Active
- Updated 19 hours ago
- 5Beds
- 5Total Baths
- 4,112Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 5Total Baths
- 5,194Sq. Ft.
16215 Cobb Island Road, Newburg, MD 20664 (MLS# MDCH2053018) is a Commercial Service property. 16215 Cobb Island Road is currently listed for $2,950,000 and was received on April 08, 2026. Want to learn more about 16215 Cobb Island Road? Do you have questions about finding other Commercial Service real estate for sale in Newburg? You can browse all Newburg real estate or contact a Coldwell Banker agent to request more information.