8 months on rocket

37201 Gibson Rd, Bushwood, MD, 20618

$2,950,000

4 Bedrooms
2 Full Baths
2,349 SqFt
$1,256/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1971
HeatingOther
CoolingWindow Unit(s)
WaterfrontRocky Shoreline
MLS #MDSM2018338
Lot Size13.89 Acres
StatusActive
(ACTIVE)

About 37201 Gibson Rd

Positioned below the confluence of the Potomac and Wicomico Rivers, in St Catherine’s Sound, you’ll find St. Margaret Island. The island’s location provides calm, tranquil waters in the sound which are perfect for boating, swimming, or enjoying the sand beach running along the sound while taking in the area’s beauty from sunrise to sunset. The Island provides a peaceful escape, but also serves as a springboard for area exploration. Within a quick boat trip are summer getaway hotspots like Colonial Beach or Sharks Tooth Island for a day in the sun, historic Coles Point Tavern for a food, drinks, and live music, or of course the various bodies of water for boating and fishing. Amongst a long list of features making this a unique, truly once-in-a-generation opportunity is the property, residence, and deep-water dock located on the mainland. This added parcel allows for a seamless launching point to park your vehicles, board your boat in waiting, and cruise out of White Necks Creek over to St. Margaret Island for a remote respite. Island & Grounds St. Margaret Island is approximately 13.16 acres, boasting nearly 3,000 ft +/- of shoreline, with over 2,000 ft +/- in riprap shoreline. Guests arrive on the island via a nearly 275ft dock that will allow numerous vessels at any one time and boats over 42 ft. Once on the Island, the grounds consist of mature tree growth, an orchard, garden, and agricultural field. The current owners have a small flock of peacocks that call the Island home, but you’ll often find Bald Eagles, owls, and even deer that have crossed the sound enjoying the lush grounds. Apart from the foliage and nature, the grounds host a main residence, guest cottage, 3-bay storage and work shed, garden shed, and in-ground saltwater pool overlooking the Sound. Main House & Cottage While much of any guest’s time on St. Margaret Island will likely be spent outside on the grounds or on the water, the Island features both a main house and a guest cottage. The colonial-style main home welcomes you through a screened front porch into a wood clad living space reminiscent of a quintessential Chesapeake Bay hunting and fishing cabin. Vaulted living room ceilings accentuate the natural brick, wood-burning fireplace and exposed wood beams. Large wrap around windows brings water views in to both floors, including the dining room as well as the upstairs primary bedroom. Also on the main level is the kitchen, dining room, and a sleeping porch that has been enclosed to allow for year-round fresh air dining. The main house features a rustic cabin style kitchen with modern amenities such as a double oven and dishwasher. One of two full baths concludes the first level. On the second level there are 4 bedrooms, each with unique views of the water, as well as the second full bathroom. The guest cottage is located approximately 40 yards behind the main house, alongside the garden. The cottage is a standalone residence with 2 bedrooms, one full bathroom, kitchen, and laundry, as well as a screened front porch. Mainland Home & Grounds The idea of an Island retreat is often a dream, but what if you just want a quick overnight, waterfront get away? Maybe you want a day on the water boating, kayaking, fishing etc.? The mainland home is a 3-bed, 1-bath home with conditioned basement space on approximately .75 acres overlooking Whites Neck Creek with a dock over 175 ft long allowing for numerous vessels, including boats over 42ft. The parcel provides for multiple car parking and direct access to the dock, making a trip to the Island a breeze. This residence is currently occupied by rental tenants, but the property and Island owners have continued use of parking and dock. Note: additional property specific details can be found on the FAQ document.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Cottage
  • Year Built: 1971
  • Stories: 2
  • Living Area: 2,349 SqFt

Listing Office:

  • Office Name: TTR Sotheby's International Realty
  • Office Phone: (202) 234-3344
  • Listing Agent: David DeSantis

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Rocky Shoreline

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 37201 Gibson Rd
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Lot Features

Lot Information:

  • Lot Size: 13.89 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,950,000
  • Price Per SqFt: $1,256/SqFt

Tax Information:

  • Annual Amount: $3,395
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Bushwood, MD.

Med. Sold Price

$299.9K

Med. Price/SqFt

$468

Avg. Days On Market

21

# of Sold Homes

1

37201 Gibson Rd vs Bushwood

245 DAYS ON ROCKET

+224 Days

$2,950,000

+$2.6M More

$1,256/SqFt

+$787 More

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $787/SqFt more than other homes in Bushwood, MD.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDSM2018338

Listing Office:

  • Office Name: TTR Sotheby's International Realty
  • Office Phone: (202) 234-3344
  • Listing Agent: David DeSantis

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,395$346,200
2020$3,852$345,633
2018$3,771$344,500
2017$3,752$344,500

History based on county public records data.

Payment Calculator

$14.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,911

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4416337
8
/10
  • Dynard Elementary School

  • 23510 Bushwood Rd

  • 4.45 miles

  • Public District Grades PK-5

school-card-donut-4416338
5
/10
  • Benjamin Banneker Elementary School

  • 27180 Point Lookout Rd

  • 8.16 miles

  • Public District Grades PK-5

school-card-donut-4416339
7
/10
  • Leonardtown Elementary School

  • 22885 Duke St

  • 8.73 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,701. The most common annual income of people living in Bushwood, MD is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 37201 Gibson Rd

What is the listing price of this property?

The listing price of 37201 Gibson Rd property is $2,950,000.

What type of property is this?

The property 37201 Gibson Rd is a house located in Bushwood, Maryland, 20618.

Is this property for sale now?

Active Listing: 37201 Gibson Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,395 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 37201 Gibson Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 37201 Gibson Rd is 2,349 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 37201 Gibson Rd is 1971.
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Rocket HomesMarylandSaint Mary's CountyBushwood2061837201 Gibson Rd

This home is located at 37201 Gibson Rd in Bushwood, MD and zip code 20618. This 2,349 square foot home, which was built in 1971, sits on a 13.89 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $2,950,000.

In November 2024 more than 0 listings in Bushwood, MD were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below. The number of listings in Bushwood, MD decreased by 50% between October 2024 and November 2024. In November 2024 median list price was $299,950 and the average listing age was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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