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Riva 21140 Riva
508 WALNUT DRIVE
$785,000
● House - Off Market

508 WALNUT DRIVE

RIVA, MD 21140
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,287 Ft²
$4,365
Est. Monthly
$42
HOA / Fees

About This Property

Welcome to 508 Walnut - a beautifully updated home ideally situated in one of the most desirable locations within the Glen Isle Estates community. Perfectly positioned on a corner lot at the end of a quiet cul-de-sac, this property offers privacy, space, and direct access to some of the community's best waterfront amenities. Step right off your expansive rear deck and enjoy immediate access to the community beach, boat ramp, piers, and kayak racks, all while taking in refreshing South River breezes and scenic views of passing boats and the Riva Bridge. Community boat slips are also available for just $20 per foot, making this an exceptional opportunity for boating enthusiasts. This spacious ranch-style home features 3 generously sized bedrooms and 3 full bathrooms with an open-concept layout perfect for everyday living and entertaining. The bright and inviting main living area flows seamlessly into the updated kitchen, featuring modern finishes, ample cabinet space, and new appliances. Recent upgrades throughout the home include fresh interior paint, new windows, and a brand-new 30-year architectural shingle roof, offering both style and peace of mind. The primary suite provides a comfortable private retreat with its own full bath, while the additional bedrooms offer flexibility for guests, family, or a home office. The fully finished lower-level walk-out basement adds even more usable living space, ideal for entertaining, a recreation room, guest space, or additional storage. The home also features two fireplaces, creating warm and inviting gathering spaces on both levels. Outdoor living is where this property truly shines. Enjoy morning coffee or evening sunsets from the expansive rear deck overlooking the South River, with views of boating activity and the Riva Bridge. The large paver patio below features a hot tub and creates the perfect setting for relaxing or hosting guests. The fully fenced backyard and beautifully landscaped yard offer privacy and plenty of room for pets, children, or outdoor gatherings. Additional highlights include a large attached 2-car garage, driveway parking for 4 additional vehicles, mature landscaping, and one of the best locations in the community with easy access to waterfront amenities. Whether you're looking for a full-time residence or the perfect weekend getaway, 508 Walnut offers the ideal blend of comfort, updates, and waterfront community living.
Unit Size
2,287 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$343
Property Type
House
Property Taxes
$469
HOA Dues
$42
Year Built
1961

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Last updated: 4 months ago (Bright MLS #MDAA2139658)

Price History

Date / Event Date Event Price
Jul 10, 2026 Sold
Sold
Jun 18, 2026 In contract -
In contract
Jun 1, 2026 Listed by Engel & Volkers Annapolis $749,999
Listed by Engel & Volkers Annapolis
Sep 1, 1998 Sold
Sold
Oct 15, 1991 Sold
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • 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: 9
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 7,875
  • Total Building Area: 1,537
  • Gross Building Area: 1,537
  • Building Area: 1,537
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,537
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000181
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: LT 27 PT LT 26 BK L 508 WALNUT RD GLEN ISLE

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 702300

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 50 21 84
  • Account Number: 32103944100
  • District: 02
  • Parcel: 02-321-03944100
  • Block: L
  • Lot: 26
  • Latitude: 38.9594
  • Longitude: -76.5892

    Address

  • Full Address: 508 Walnut Dr
  • Address - House Number: 508
  • Address - Street Name: Walnut
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Riva
  • Carrier Code: R041
  • 4-Digit Zip Code: 1037
  • Zip Code: 21140

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $387,747

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 84
  • Final Value: 581,705
  • High Value: 660,894
  • Low Value: 502,517

    Market Valuation

  • Market Total Value: $413,000
  • Market Land Value: $274,100
  • Market Improvement Value: $138,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $413,000
  • Assessed Land Value: $274,100
  • Assessed Improvements Value: $138,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Sep 01, 1998
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 010913
  • Previous Sale Recording Date: Oct 15, 1991
  • Previous Sale Contract Date: Oct 15, 1991
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Transaction Date:
  • Previous Mortgage Loan Amount:
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 Riva


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Frequently Asked Questions

When was property at 508 Walnut Drive built and last sold?
The property at 508 Walnut Drive was built in 1961 and last sold on Jan 1, 1970 for $257,000.
How much is this home worth?
The estimated value of the home located at 508 Walnut Drive is $752,488.
What are some comparable homes to 508 Walnut Drive?
There are currently no comparable homes to 508 Walnut Drive.