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$780,000
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Property Description
Opportunities to own this well-maintained home are rare. Set within a private water-privileged community with water views and a total of .66 acres, which includes 2 additional lots, you'll enjoy privacy, room to expand, and a setting that feels like a retreat. A unique property grandfathered in with no HOA or covenant fees in a amenity rich community that offers marina slips, beach, boat ramp, clubhouse, and year-round activities. The home has been updated through the years, yet keeping many of the vintage touches. With beautiful hardwood floors, warm living spaces, and two fireplaces, you enjoy a warm and cozy atmosphere. The thoughtfully designed layout with upper and lower kitchens supports multi-generational living, offering versatility for extended family, guests, or separate living areas. Enjoy the expansive year-round sunroom spanning the entire back of the home, and a screened porch below - ideal for relaxing, entertaining, and summertime crab feasts. The walk-up stairs to a floored attic provide ample storage. The beautifully landscaped yard includes a workshop and 2 storage sheds, a trampoline, and a custom playground. The owners utilize the extra lots, with 50amp hookup, for RV/motorhome storage. The property is completely fenced-in, making it pet-friendly. Easy access to the metropolitan areas, historic Annapolis, and the eastern shore. Blue Ribbon Davidsonville school district as well. Whether you're looking for a peaceful primary residence, a flexible home for extended family, or a property with unique amenities and room to grow, this home delivers a lifestyle that's increasingly hard to find. Homes with land, water views, and no HOA restrictions in a private community are uncommon - don't miss the chance to make this one yours. Glen Isle is a private South River waterfront community, Builder and investment alert ! Rare opportunity, Lots 24 and 25 combined are a separate .25 acre tax record. Sellers are including them in the sale of 510 Hilltop Dr. which is 3 lots totaling .44 acre. See listing MDAA2134096. Live in Hilltop and explore endless expansion chance to add a guest home, garage, and or 2nd home.
Full Property Details
Full Property Details for 507 Walnut Dr
General
- Sold For: $780,000
- Taxes: $573 (2025)
- Status: Closed
- Type: Lots/Land
- Source: BrightMLSMidAtlantic
- MLS ID: MDAA2134640
- Added to Site: 155 day(s) ago
Additional Information
- Shared Amenities: Beach, Community Center, Common Grounds, Picnic Area, Pier/Dock, Water/Lake Privileges
Exterior
- Exterior Features: Private Beach
Location
- County: ANNE ARUNDEL
- Subdivision: GLEN ISLE
- Cross Streets: PineCrest Walnut
- Driving Directions: Riva rd, Right on Glen Isle Rd, Right on Pinecrest, property is on the corner of Hilltop and Pinecrest.
School Information
- School District: Anne Arundel County Public Schools
- Elementary School: Davidsonville
- Middle School: Central
- High School: South River
Community
- Assoc. Fees Include: Common Area Maintenance
Utilities
- Sewer: No Septic System
- Water: None
- Dist. to Water: 1 Blocks
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: River
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 11,100
- Lot Size Source: Assessor
- Zoning: R2
- Lot Description: Additional Lot(s), No Thru Street
- Fencing (Description): Privacy, Wood
Water Features
- Water View: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Canoe/Kayak, Boat - Powered, Personal Watercraft (PWC), Private Beach, Private Access, Swimming Allowed
- Water Front Type: River
- Water Front Name: South River
- Dock/Slip Conveys: Yes
- Docks: 2
Financial Considerations
- Price Per Sq. Ft.: $74.32
- Assessment Year: 2025
- County Tax: $147
- County Tax Freq: Annually
- Tax w/Assessment: $13,500
- Tax Amount: $573
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Multiple Parcels: Yes
- Inclusions: 510 Hilltop Lane
- Lot Number: 24
Listed by Berkshire Hathaway HomeServices PenFed Realty, Bonnie L McGurn
Sold by Unrepresented, Unrepresented
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Schools
Schools serving 507 Walnut Dr
School District:Anne Arundel County Public Schools
| Name | Grades | Distance |
|---|---|---|
Davidsonville Elementary School 962 Central Avenue, Davidsonville, MD 21035 | K-5 | 3.8 mi |
Central Middle School, Edgewater, MD 221 Central Avenue East, Edgewater, MD 21037 | 6-8 | 3.2 mi |
South River High School 201 Central Avenue East, Edgewater, MD 21037 | 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 507 Walnut Dr
Date
Details
Price
Change
Source
6/15/2026
Sold
$780,000
-5.45%
MLS
2/27/2026
Price Reduced
$825,000
-2.94%
MLS
1/13/2026
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
507 Walnut Drive, Riva, MD 21140 (MLS# MDAA2134640) is a Lots/Land property that was sold at $780,000 on June 15, 2026. Want to learn more about 507 Walnut Drive? Do you have questions about finding other Lots/Land real estate for sale in Riva? You can browse all Riva real estate or contact a Coldwell Banker agent to request more information.

