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$3,200,000
●
House -
For Sale
5011 CHALK POINT ROAD
WEST RIVER, MD 20778
3 Beds
1 Bath
2,322 Ft²
$16,514
Est. Monthly
About This Property
🌊 WATERFRONT OPPORTUNITY WITH 7 LOTS! 🌊
Unparalleled potential awaits with these 2 tax parcels totaling 7 lots (1.64 Acres / 56,266 SQFT) of prime waterfront ground!
Build your ultimate custom dream estate on the water and soak in the sun, breeze, and moonlight from your own private 100-foot pier.
With county permitting, there is incredible potential to subdivide the lots for a multi-home spec build or family compound. Don't miss out on this rare coastal canvas! ☀️⚓️🌕
Sale is for 5011 and 5013 W Chalk Point Road together - 5013 MDAA2158318 is also active in BRIGHT (address should read 5011 W Chalk Point Rd - working with BRIGHT to correct)
Opportunity is knocking and the water is calling!
Owners since 1972 are selling 5011 and 5013 (lots 4,5,6,7,30,31,32) W Chalk Point Road, (formerly known as Henry Road) along with all buildings – main house, tenants house, backyard cottage, detached garage, multiple sheds, lean-to, 100ft pier, gazebo. Waterfront lots - 5013 W Chalk Point - lots 4,5,31,32 - has riparian rights with a 100-foot pier and gazebo, "tenants house", block garage, lean-to. Roof on house is about 8 years old.
5011 W Chalk Point - lots 6,7,30 - is the main house and features, a detached garage, a backyard cottage with a garage, shed. Roof of the main house is about 6 years old
Per seller:
The well is on lot 4, however boundary survey shows well is lot 6 -
The sewer is located on lot 7, lot 5 and lot 30 -
Backyard cottage sits on lot 30, front porch of cottage encroaches lot 6 -
Block garage/shed sits on lot 4, lean-to encroaches lot 32 -
Main house sits on lot 6 with the side porch and utility room encroaching lot 7 -
Driveway to main house is on lot 7 -
Tenants' house sits on lot 5 and encroaches lot 4 -
Driveway to tenant's house is on lot 4 -
Original gravel driveway ran down between lots 6/5 and lots 30/31 -
Lot 6 (main house) shares electric with lot 30 (backyard cottage) -
Lot 32 and lot 31 is raw land -
Underground oil tank that is not in use lays on lot 5 -
Cistern lays underground at the back of lot 31, -
A private resident allows use of their boat ramp for $50.00 a year, located off of Harding Avenue -
West River Water Management River Keepers helps protect West River -
Unparalleled potential awaits with these 2 tax parcels totaling 7 lots (1.64 Acres / 56,266 SQFT) of prime waterfront ground!
Build your ultimate custom dream estate on the water and soak in the sun, breeze, and moonlight from your own private 100-foot pier.
With county permitting, there is incredible potential to subdivide the lots for a multi-home spec build or family compound. Don't miss out on this rare coastal canvas! ☀️⚓️🌕
Sale is for 5011 and 5013 W Chalk Point Road together - 5013 MDAA2158318 is also active in BRIGHT (address should read 5011 W Chalk Point Rd - working with BRIGHT to correct)
Opportunity is knocking and the water is calling!
Owners since 1972 are selling 5011 and 5013 (lots 4,5,6,7,30,31,32) W Chalk Point Road, (formerly known as Henry Road) along with all buildings – main house, tenants house, backyard cottage, detached garage, multiple sheds, lean-to, 100ft pier, gazebo. Waterfront lots - 5013 W Chalk Point - lots 4,5,31,32 - has riparian rights with a 100-foot pier and gazebo, "tenants house", block garage, lean-to. Roof on house is about 8 years old.
5011 W Chalk Point - lots 6,7,30 - is the main house and features, a detached garage, a backyard cottage with a garage, shed. Roof of the main house is about 6 years old
Per seller:
The well is on lot 4, however boundary survey shows well is lot 6 -
The sewer is located on lot 7, lot 5 and lot 30 -
Backyard cottage sits on lot 30, front porch of cottage encroaches lot 6 -
Block garage/shed sits on lot 4, lean-to encroaches lot 32 -
Main house sits on lot 6 with the side porch and utility room encroaching lot 7 -
Driveway to main house is on lot 7 -
Tenants' house sits on lot 5 and encroaches lot 4 -
Driveway to tenant's house is on lot 4 -
Original gravel driveway ran down between lots 6/5 and lots 30/31 -
Lot 6 (main house) shares electric with lot 30 (backyard cottage) -
Lot 32 and lot 31 is raw land -
Underground oil tank that is not in use lays on lot 5 -
Cistern lays underground at the back of lot 31, -
A private resident allows use of their boat ramp for $50.00 a year, located off of Harding Avenue -
West River Water Management River Keepers helps protect West River -
Unit Size
2,322 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$1,378
Property Type
House
Property Taxes
$801
HOA Dues
-
Year Built
-
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 24 days ago (Bright MLS #MDAA2158254)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Listed by RE/MAX Executive | $3,200,000 | |
| Listed by RE/MAX Executive | |||
Property Highlights
Garage
With View
Parking Details
Has Garage
Parking Features: Private, Detached, Garage, Driveway, Gravel Driveway
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Attic, Bathroom - Tub Shower, Dining Area, Floor Plan - Traditional, Kitchen - Table Space, Wood Floors, Kitchenette, Carpet
Exterior Details
Square Footage: 2322
Square Footage Source: $0
Property Condition: Good
Architectural Style: Bungalow
Year Built Source: Assessor
Year Built: 1930
Waterbody Name: West River
Levels: 2
Other Structures: Above Grade, Below Grade
Window Features: Screens, Replacement
Construction Materials: Other
Lot Features: Cleared, Front Yard, Level, Private, Secluded, Other, Subdivision Possible, Additional Lot(s), Rear Yard, Road Frontage, Rural, SideYard(s), Year Round Access
Lot Size Area: 19240
Lot Size Units: Square Feet
Lot Size Acres: 0.44
Lot Size Square Feet: 19240
Tax Lot: 6
Water Source: Private
Financial Details
Tax Assessed Value: $837,200
Tax Annual Amount: $9,609
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Forced Air
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Shady Side
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Listed by: Beverly E Harkum Locantore
RE/MAX Executive
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDAA2158254
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RE/MAX Executive
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDAA2158254
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