See Home Value
St. Mary's 20650
40972 MOLLIES WAY
$1,700,000
● House - Off Market

40972 MOLLIES WAY

LEONARDTOWN, MD 20650
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,459 Ft²
$9,168
Est. Monthly
0.97%
Cap Rate

About This Property

Once in a Lifetime Potomac River Estate on 20+ Acres

At the end of a long, private drive, discover this breathtaking custom-built Potomac River waterfront 3459SQFT Colonial, nestled on 20.35 acres of pristine land with sweeping river views and a private pond. Built in 1995 by its original owners, this stunning 4-bedroom, 2.5-bath estate redefines timeless craftsmanship, luxurious design, and absolute privacy.

The main level boasts soaring 10-foot ceilings and a primary bedroom with panoramic water views and a spa-like bath featuring a custom-made vanity by renowned craftsman Pat Woodburn. From the dramatic curved staircase imported from Milwaukee to the handcrafted maple cabinetry and heart pine coffered ceilings in the kitchen, every detail was designed to impress. The gourmet kitchen features top-of-the-line GE Monogram appliances, including a built-in 48" refrigerator, induction cooktop, and double ovens-framed by solid maple custom Pat Woodburn crafted cabinetry and bathed in natural light.

The family room stuns with a floor-to-ceiling stone masonry fireplace spanning 2 floors, a wet bar, and direct water views! Both the parlor and hearth room are also equipped with custom brick fireplaces. Entertain in style with the ample sized formal dining room accented by a solid brass chandelier.  

Upstairs offers three generously sized bedrooms, a full bath, and an incredible loft with commanding views and natural light. The home includes a cellar basement, encapsulated crawl space, and an oversized 3-car garage. Dual HVAC systems (with a brand-new unit upstairs), a newer gas water heater, whole-house humidifier, and surge suppressor offer modern comfort with efficiency.

The property also features marble rock riprap shoreline, 4–5' MLW (mean low water) that is situated in a fairly protected section of the Potomac River, and a 2.1-acre private pond-perfect for the avid duck hunter or nature lover looking for peaceful reflection. The cleared area of the property has ample space to accommodate both a pool and/or a detached accessory dwelling, shop or garage! Its hard to find a property with this kind of privacy, acreage, water frontage, sunset views, and the ability to add a pool and/or outbuildings to suit your needs!

From custom architecture to unmatched natural beauty, this home is more than a residence-it's a legacy. Set up a showing TODAY before you miss this opportunity!
Unit Size
3,459 Ft²
Days on Market
-
Land Size
20.35 acres
Price per sqft
$491
Property Type
House
Property Taxes
$820
HOA Dues
-
Year Built
1995

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Cap Rate Calculator

Last updated: 2 years ago (Bright MLS #MDSM2026274)

Price History

Date / Event Date Event Price
Aug 21, 2025 Sold
Sold
Aug 2, 2025 In contract -
In contract
Aug 2, 2025 Price Increased $1,700,000
↑ $100 (0%)
Price Increased
Jul 29, 2025 Listed by CENTURY 21 New Millennium $1,699,900
Listed by CENTURY 21 New Millennium
Mar 24, 1994 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 529
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 9
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 886,446
  • Total Building Area: 3,459
  • Gross Building Area: 3,459
  • Building Area: 3,459
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 3,459
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEPTEMBER PT
  • Land Acres: 0000020350
  • Standard Land Use Code: 1008
  • County Land Use Code: A-B001
  • Legal Description 1: LOT 500-3A SEPTEMBER POINT

Neighborhood

  • School District Name: St. Marys County Public Schools
  • Census Tract: 875400

Zoning

  • Zoning: RPD

Geography

  • Assessors Map Reference: 48 21 63
  • Account Number: 050424
  • District: 03
  • Parcel: 03-050424
  • Lot: 500
  • Latitude: 38.2315
  • Longitude: -76.6599

    Address

  • Full Address: 40972 Mollies Way
  • Address - House Number: 40972
  • Address - Street Name: Mollies
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Leonardtown
  • Carrier Code: R001
  • 4-Digit Zip Code: 4428
  • Zip Code: 20650

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $893,924

    Appraisal Valuation

  • Standard Deviation: 0.13
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 85
  • Final Value: 1,171,550
  • High Value: 1,323,958
  • Low Value: 1,019,141

    Market Valuation

  • Market Total Value: $1,122,600
  • Market Land Value: $478,000
  • Market Improvement Value: $644,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $928,933

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Mar 24, 1994
  • 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 St. Mary's


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Frequently Asked Questions

When was property at 40972 Mollies Way built and last sold?
The property at 40972 Mollies Way was built in 1995 and last sold on Jan 1, 1970 for $180,000.
How much is this home worth?
The estimated value of the home located at 40972 Mollies Way is $0.
What are some comparable homes to 40972 Mollies Way?
There are currently no comparable homes to 40972 Mollies Way.