48409 SMITH DR Ridge, MD 20680

Price reduction of $25,000! Waterfront on Jutland Creek off the Potomac River. Serene
one-acre property current operated as a small commercial marina with deep water piers in a
protected cove. Awesome views. This property has potential in several directions. Since the
1970s, 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 the
property. Or renovate/convert the main building into a primary or secondary residence and apply
to 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 upstairs
office, a garage, and showers and bathrooms for marina slip holders. There are several small
out-buildings for storage or a workshop. There are about 50 boat slips on three piers, one of
which is covered. Approximately 7 feet water depth at the end of the piers. Electricity and water
provided to many of the boat slips. This beautiful property is in search of a caring owner with
vision and is priced accordingly.
The absentee owner has retired and put the marina into a self-service mode, awaiting a
new owner. No marketing has been done since before the pandemic. Since the summer of
2023, several improvements have been made, including the removal of a few abandoned boats
from the yard and repairs to one of the small storage buildings. As an ongoing business, the
marina is breakeven at best on an operational basis before any personnel costs. That is, slip
fees currently cover insurance, property taxes, electricity, waste removal, telephone, web site,
and minor maintenance. Property is sold strictly “as is”.