Check Availability
$650,000
● Land - For Sale

182 WALDO ROAD

PASADENA, MD 21122
bedrooms
Studio
bathrooms
0 Bath
$3,779
Est. Monthly

About This Property

Welcome to 182 Waldo Road in Pasadena offered at $650,000.

An exceptional waterfront redevelopment opportunity on nearly three-quarters of an acre in Pasadena.

The existing home is considered a tear-down, creating a rare chance to build a custom waterfront residence tailored to your vision. What sets this property apart is that many of the most expensive waterfront improvements are already in place.

The property features a substantial private pier that was constructed in 2022, including multiple slips, providing immediate access to the water and saving a future owner the time, expense, and permitting process associated with new marine construction.

In addition, the property includes Anne Arundel County-approved septic plans for a new residence of approximately 2,500 square feet, approved in April 2026.

Property Highlights:
✅ .72-acre waterfront homesite
✅ Existing pier built in 2022 featuring:

50' x 6' pier
10' x 20' L-head
Multiple finger piers
Additional mooring pilings

(Originally constructed at a cost of approximately $62,900.)

✅ County-approved septic design for a new 2,500± sq. ft. home
✅ Existing approvals help streamline the path to construction
✅ Rare opportunity to create a custom waterfront retreat in Pasadena

Whether you're a builder, investor, or buyer seeking the perfect waterfront homesite, 182 Waldo Road offers the chance to start with valuable infrastructure already in place and focus on designing the home you've always wanted.
Unit Size
-
Days on Market
-
Land Size
0.72 acres
Price per sqft
-
Property Type
Land
Property Taxes
$587
HOA Dues
-
Year Built
1950

Listed By

Matthew Wyble
CENTURY 21 New Millennium

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Last updated: 3 months ago (Bright MLS #MDAA2148812)

Price History

Date / Event Date Event Price
Jun 17, 2026 Listed by Next Step Realty, LLC. $650,000
Listed by Next Step Realty, LLC.
Jan 21, 2021 Sold
Sold

Property Highlights

Exterior Details
Waterfront Features: Private Dock Site
Waterbody Name: Magothy
Lot Features: Wooded
Lot Size Area: 31363
Lot Size Units: Square Feet
Lot Size Acres: 0.72
Lot Size Square Feet: 31363
Water Source: Well, Well Permit Applied For
Financial Details
Tax Assessed Value: $711,100
Tax Annual Amount: $7,041
Utilities Details
Sewer : Perc Approved Septic, Site Evaluation on File

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 690
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 31,381
  • Total Building Area: 690
  • Gross Building Area: 690
  • Building Area: 690
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000720
  • Standard Land Use Code: 1001
  • County Land Use Code: R-A001
  • Legal Description 1: .72 AC 182 WALDO RD PASADENA

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 731205

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 24 16 544
  • Account Number: 00025878600
  • District: 03
  • Parcel: 03-000-25878600
  • Latitude: 39.0983
  • Longitude: -76.5143

    Address

  • Full Address: 182 Waldo Rd
  • Address - House Number: 182
  • Address - Street Name: Waldo
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Pasadena
  • Carrier Code: R010
  • 4-Digit Zip Code: 5231
  • Zip Code: 21122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $514,368
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 81
  • Final Value: 559,160
  • High Value: 645,570
  • Low Value: 472,750

    Market Valuation

  • Market Total Value: $503,700
  • Market Land Value: $415,500
  • Market Improvement Value: $88,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,033

    Sales

  • Current Sale Contract Date: Sep 14, 2020
  • Current Sale Recording Date: Jan 21, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lake Shore


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Frequently Asked Questions

When was property at 182 Waldo Road built and last sold?
The property at 182 Waldo Road was built in 1950 and last sold on Sep 14, 2020 for $300,000.
How much is this home worth?
The estimated value of the home located at 182 Waldo Road is $656,500.
What are some comparable homes to 182 Waldo Road?
There are currently no comparable homes to 182 Waldo Road.

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