46 FARRAGUT RD Annapolis, MD 21403

Beautiful ready-to-build lot in the highly-sought water-privileged community of Bay Ridge in Annapolis. Fully-approved permits are in-hand for construction of a 5 bedroom, 3 bathroom home with over 3,200 sq.ft. above-grade living space with a main floor en suite bedroom plus a 1,550 sq.ft. basement. (Existing 1940s house to be razed.) Full architectural and engineering plans showing a proposed floorpan, decks, porches, and landscaping are available upon request. The homesite is a wonderful, corner lot adjoining wooded conservation lands that can never be built upon, providing privacy and wildlife enjoyment in perpetuity. The Bay Ridge Community offers residents exclusive use of slips/moorings in a protected deep water marina, boat ramps, swimming pool club membership, private sandy beaches on the Chesapeake Bay, clubhouse usage and more. The property is separately listed with a permit-ready proposed house package for $995,000 (MLS#: MDAA424060). New construction financing is available that requires only a 5% Down Payment.