205 LIGHTHOUSE VIEW DRIVE
About This Property
A new rip rap shoreline and 350 feet of water frontage create a private, protected setting enhanced by mature landscaping and a spacious, level yard with a fire pit, large shed, and plenty of room for a future pool. Enjoy easy access to the water from your private pier with an 8,000 lb boat lift and multiple slips, perfect for boating and exploring the Bay.
Inside, walls of floor-to-ceiling windows frame endless views across the water to the shores of Annapolis, flooding the home with natural light. The covered waterfront porch with slate stone flooring provides an inviting space to unwind and take in the panoramic sunsets and twinkling lights of the Annapolis skyline.
The gourmet kitchen, featuring a large center island, top-of-the-line appliances, and seating for a crowd, makes entertaining effortless. The main level offers three bedrooms and three full bathrooms and a half bath, including one of two primary suites. Upstairs, a private retreat awaits with a fireplace, balcony, walk-in closets, gym with Juliet balcony, and a spa-like primary bath boasting exquisite finishes and panoramic Bay views.
With a two-car garage, abundant parking, and an unmatched waterfront setting, this home perfectly blends elegance, comfort, and the Chesapeake Bay lifestyle. Whether you're seeking a weekend escape or a full-time residence, this property truly has it all.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Jan 31, 2026 | In contract | - | |
| In contract | |||
| Jan 31, 2026 | Price Decreased |
$2,420,000
↓ $75K
(3%) | |
| Price Decreased | |||
| Dec 1, 2025 | Relisted | $2,495,000 | |
| Relisted | |||
| Oct 24, 2025 | Listed by TTR Sotheby's International Realty | $2,495,000 | |
| Listed by TTR Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017