48409 SMITH DRIVE, RIDGE, MD 20680

Price reduction of $25,000! Waterfront on Jutland Creek off the Potomac River. Sereneone-acre property current operated as a small commercial marina with deep water piers in aprotected cove. Awesome views. This property has potential in several directions. Since the1970s, the property has been continuously operated as a marina, currently BluHaven Piers,originally Misty Cove Marina. Be an owner-operator and live in the main marina building on theproperty. Or renovate/convert the main building into a primary or secondary residence and applyto rezone the property as residential, which may be a more valuable long-term option.Property includes a main building serving as the marina reception, with an upstairsoffice, a garage, and showers and bathrooms for marina slip holders. There are several smallout-buildings for storage or a workshop. There are about 50 boat slips on three piers, one ofwhich is covered. Approximately 7 feet water depth at the end of the piers. Electricity and waterprovided to many of the boat slips. This beautiful property is in search of a caring owner withvision and is priced accordingly.The absentee owner has retired and put the marina into a self-service mode, awaiting anew owner. No marketing has been done since before the pandemic. Since the summer of2023, several improvements have been made, including the removal of a few abandoned boatsfrom the yard and repairs to one of the small storage buildings. As an ongoing business, themarina is breakeven at best on an operational basis before any personnel costs. That is, slipfees currently cover insurance, property taxes, electricity, waste removal, telephone, web site,and minor maintenance. Property is sold strictly “as is”.