353 South Drive • Severna Park, MD 21146

$999,900 Beds: 3 • Baths: 2 full • Sq. Feet: 2185 • MLS ID: MDAA2144010 • Subdivision: MAGOTHY BEACH • School Dist: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Rare opportunity to create a premier waterfront estate on the Magothy River. Situated on an exceptional waterfront lot, 353 South Drive offers endless possibilities for buyers seeking a custom waterfront lifestyle in one of Anne Arundel County's most desirable locations. The existing home is in need of significant renovation, making this an ideal opportunity to rehab, expand, or start fresh with a new custom residence. A variance has already been obtained allowing for expansion of the current footprint, including plans for a pool and pool house. Alternatively, buyers may choose to remove the existing structure and construct a larger home positioned farther back on the lot to maximize the property's potential. Unlike many waterfront redevelopment opportunities, several major improvements have already been completed, including a newer bulkhead and pier. Public water and sewer service further enhance the property's appeal and simplify future development plans. Whether you're a builder, investor, or end user searching for a one-of-a-kind waterfront homesite, this property offers a unique combination of location, flexibility, and upside potential. Bring your vision and create the waterfront retreat you've always imagined. View this listing at: http://juliepeteritasrealtor.com/mls=MDAA2144010

Property Features

  • Taxes: $10,646
  • Basement: Yes
  • Exterior: Stick Built
  • Special View Info: River
  • Lot Size: 0.93 Acres
  • Lot Dimensions: 0.93 Acre(S)
  • Heating: Heat Pump(s)
  • Fuel Type: Electric
  • Year Built: 1940
  • Water: Public
  • Sewer: Public Sewer
  • Stories: 2.0
  • Additional Structures: Above Grade,Below Grade
  • Structure Type: Detached
  • Basement: Full,Outside Entrance,Interior Access
  • Lake Name: Magothy River
  • SQFT Total Finished: 2185
  • SQFT Above Finished: 1324
  • SQFT Below Finished: 861
  • Utilities: Natural Gas Available

School Information

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Printed June 25, 2026


Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/25/2026. The listing information on this page last changed on 06/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 06/25/2026 12:10:39 AM EST) or Bright MLS (last updated Thu 06/25/2026 12:05:48 AM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Homesale Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
James J Hafer - West Virginia Broker of Record

©2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.


Agent License Information: 
Licensed in Pennsylvania
Julie Peteritas 

215 S. Centerville Road, Lancaster, PA 17603
717-393-0100