See Home Value
$1,150,000
● House - Off Market

971 FOREST DRIVE

ARNOLD, MD 21012
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,302 Ft²
$6,657
Est. Monthly

About This Property

Perfectly positioned along the tranquil, protected waters of Lake Placid, just moments from the Magothy River, 971 Forest Drive presents an extraordinary opportunity to experience Chesapeake Bay waterfront living at its finest. Offering approximately 125 feet of shoreline and an expansive 0.81-acre homesite, this private waterfront retreat combines the serenity of a sheltered cove with immediate access to one of the Chesapeake Bay's most sought-after waterways.

Unlike many waterfront properties exposed to constant boat traffic and prevailing winds, Lake Placid offers a uniquely peaceful setting. Here, calm waters create the ideal environment for paddleboarding, kayaking, swimming, fishing, and crabbing directly from your own dock, while a one-minute boat ride places you on the open waters of the Magothy River. Eastern exposure welcomes spectacular sunrises each morning, creating an ever-changing backdrop enjoyed from the home's waterfront decks and outdoor living spaces.

Adding to its rarity, the property includes two independent residences. The main home offers four bedrooms and two full baths, providing generous living space ready to enjoy today or thoughtfully reimagine over time. Complementing the main residence is a beautifully constructed guest house completed in 2019, featuring modern finishes and timeless coastal design. Whether serving as private accommodations for extended family, an exceptional guest retreat, a home office, or flexible multigenerational living, the possibilities are remarkably versatile.

The fully fenced property, complete with a gated entrance, provides an exceptional sense of privacy while remaining conveniently located near the everyday conveniences of Arnold and Annapolis. Residents also enjoy access to the highly regarded Broadneck school district, nearby waterfront dining, marinas, and the vibrant boating lifestyle that defines Maryland's Chesapeake Bay.

Just a short stroll from the property, the community's sandy beach offers additional waterfront amenities including a boat ramp, picnic areas, grills, and sweeping views of the Magothy River.

Waterfront properties offering this combination of protected deepwater enjoyment, immediate river access, expansive grounds, and two separate residences are seldom available. 971 Forest Drive represents an opportunity to enjoy the Chesapeake lifestyle in a setting that is as peaceful as it is exceptional.
Unit Size
2,302 Ft²
Days on Market
-
Land Size
0.81 acres
Price per sqft
$521
Property Type
House
Property Taxes
$769
HOA Dues
-
Year Built
1940

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Last updated: 2 months ago (Bright MLS #MDAA2151292)

Price History

Date / Event Date Event Price
Oct 2, 2026 Sold
Sold
Aug 22, 2026 In contract -
In contract
Aug 7, 2026 Listed by TTR Sotheby's International Realty $1,199,000
Listed by TTR Sotheby's International Realty
Jun 1, 2017 Sold
Sold

Property Highlights

Air Conditioning
Parking Available
With View

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 5
  • Basement Area: 0
  • 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: 35,199
  • Total Building Area: 1,642
  • Gross Building Area: 1,642
  • Building Area: 1,642
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,642
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: YOUNGS PROPERTY
  • Land Acres: 0000000808
  • Standard Land Use Code: 1001
  • County Land Use Code: R-A001
  • Legal Description 1: LT 155R 971 FOREST DR SHORE ACRES

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 731107

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 33 22 37
  • Account Number: 74990040768
  • District: 03
  • Parcel: 03-749-90040768
  • Lot: 155R
  • Latitude: 39.0587
  • Longitude: -76.4608

    Address

  • Full Address: 971 Forest Dr
  • Address - House Number: 971
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Arnold
  • Carrier Code: R103
  • 4-Digit Zip Code: 1719
  • Zip Code: 21012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $710,278

    Appraisal Valuation

  • Standard Deviation: 0.1401
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 83
  • Final Value: 1,020,567
  • High Value: 1,163,634
  • Low Value: 877,500

    Market Valuation

  • Market Total Value: $770,200
  • Market Land Value: $535,300
  • Market Improvement Value: $234,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $735,867

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2017
  • Current Sale Recording Date: Jun 01, 2017
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 30990-100
  • Previous Sale Recording Date: Jun 10, 2002
  • Previous 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 Arnold


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Frequently Asked Questions

When was property at 971 Forest Drive built and last sold?
The property at 971 Forest Drive was built in 1940 and last sold on May 26, 2017 for $530,000.
How much is this home worth?
The estimated value of the home located at 971 Forest Drive is $1,210,990.
What are some comparable homes to 971 Forest Drive?
There are currently no comparable homes to 971 Forest Drive.

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