Exceptional Waterfront Opportunity – Bring Your Vision This level waterfront property offers a rare opportunity for an investor, builder, or buyer looking to create a custom waterfront retreat. The home is not safe to enter and is being sold as-is. Interior access will not be permitted due to ongoing renovations and safety concerns. Most windows have been removed and securely boarded. The current owner has already completed substantial improvements, providing a strong foundation for the next phase of the project, including: New metal roofs on both the house and outbuilding Removal of eight approximately 100-foot dead trees Interior demolition completed, including removal of drywall and bathroom fixtures Underground electrical service installed New concrete back porch Masonry fireplace remodeled New well pump installed Large interior water pressure tank installed and currently supplying water New vinyl boundary fence installed by Long Fence Shed interior freshly painted Professional termite treatment completed The waterfront lot is level and offers excellent potential. The existing pier will require rebuilding, creating the opportunity to design a dock that meets your needs and applicable permitting requirements. If you've been searching for a waterfront property where much of the difficult preparation work has already been completed, this is an opportunity you won't want to miss. Bring your contractor, your imagination, and your plans to transform this property into something truly special.
Single-familyProperty Type
1920Year Built
0.69 acresLot Size
$332Price/Sq.Ft.
Listed by Trish Brow• O'Brien Realty ERA Powered
•301-863-2400 (broker)
•mikeobrien@obrienrealty.com (broker)
Listed by Patrick Dugan• O'Brien Realty ERA Powered
This property is just waiting for you to make it your own! Tear down the existing structure or rehab what is there. Property features 150' of water frontage, private well, and is connected to the public sewer system. Located in a golf cart community with community events throughout the year and just minutes away from restaurants, and a local market.
BRIGHT MLS #MDCH2034632
Mar 27, 2025
Listing Removed
—
Jul 18, 2024
Listed
$350,000
$302/sq ft
Public Records
Jan 14, 1991
Sold
$150,000
$129/sq ft
Public Records
Jun 25, 1987
Sold
$74,500
$64/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,062 (+7.3%)
$260,000 + $94,100
$354,100
2025
$4,719 (−26.6%)
$260,000 + $94,100
$354,100
2024
$6,425 (+60.4%)
2023
$4,005 (+1.3%)
2022
$3,953 (+0.6%)
$230,000 + $49,800
$279,800
2021
$3,930 (−10.2%)
$230,000 + $49,800
$279,800
2020
$4,379 (−2.3%)
$230,000 + $49,800
$279,800
2019
$4,481 (+3.7%)
$270,000 + $45,400
$315,400
2018
$4,323 (−0.1%)
$270,000 + $45,400
$315,400
2017
$4,329 (+0.9%)
$270,000 + $46,500
$316,500
2016
$4,291
$270,000 + $46,500
$316,500
2015
$4,289 (+12.2%)
$270,000 + $46,500
$316,500
2014
$3,823 (+14.6%)
2013
$3,337 (+11.9%)
2012
$2,982 (+10.8%)
2011
$2,692
2010
$2,692 (+18.3%)
2009
$2,276
Public record
Public record
Zoning
Permits
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.66 Acres
Year renovated
—
Finished Sq. Ft.
1,160
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,160
Year built
1920
Style
Single Family Residential
County
Charles County
APN
05 020077
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 21, 2026.
RV
Village Residential Zone
This zone directs new residential growth into villages by providing low- to medium-density residential development where the pattern of development has previously been established.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Fire house
Recreation
Communications tower
Housing-Mobile home park
Aug 24, 2026 • Active
Electrical permit - residential
Electrical
Mar 6, 2026 • Final
Demolition permit - residential
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 107° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Newburg, MD • 20664
Average low and high temperatures (°F)
40
27
46
31
62
42
70
51
74
58
85
67
88
72
80
66
78
63
69
51
59
44
46
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 16173 Cobb Island Rd
$383,398
$2,097 under list price of $385K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $295K to $430K.