tomo logo

$1,126,250

Beds
7
Baths
5.5
sq ft
4,926

16405 Fishermen Way, Ridge, MD 20680

16405 Fishermen Way

RIDGE, MD 20680

  • 388 days on market
    • Price drop $23,750↓
Two Dwellings: The main house has 4 beds/4.5 baths. Guest Quarters offers 3 beds/1 bath. Calling all boating enthusiasts—your waterfront oasis awaits at this remarkable property on the protected waters of Saint Jerome’s Creek! With a newly reduced price, the seller is eager to entertain offers for this exceptional 2.74-acre retreat. Boasting a main home and a guest cottage, this estate offers ample space for family gatherings or entertaining friends against the backdrop of breathtaking water views. Step outside to the 161' pier, complete with a 31' Tee and a 10,000-pound boat lift, providing convenient access to the Chesapeake Bay for endless aquatic adventures. Enjoy the freedom to indulge in water activities, with a 14' wide finger pier ensuring ample space for docking and maneuvering watercraft. The 24’x 48’ covered structure, equipped with 50-amp electric service and 14-foot vertical clearance, is perfect for storing boats, large RVs, or outdoor equipment. After a day on the water, retreat to the inviting main house, featuring thoughtfully designed living spaces, including a spacious kitchen, family room, and formal dining room, all seamlessly connected for effortless entertaining. With multiple bedrooms, a second family room, and abundant storage, there's plenty of room for guests or extended family to join in the waterfront fun. Whether you're an avid boater or simply seeking a serene waterfront escape, this property offers the perfect blend of luxury and convenience. Schedule your tour today and make your waterfront dreams a reality! Be sure to view the Matterport video tour to appreciate the floor plan.

Details

Property type

Single Family Residence

Est. home value

$1,182,337

Lot size

2.74 acres

Price per sq ft

$229

Year built

2006

Annual property taxes

$10,216

HOA

No

Price History

08/19/2024
Bright

Bright #MDSM2017218

Price change
$1,126,250
-2.07%
06/13/2024
Bright

Bright #MDSM2017218

Price change
$1,150,000
-4.09%
02/17/2024
Bright

Bright #MDSM2017218

Listed
$1,199,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

ST. MARY'S COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$626,828
Asking price
$1,126,250
Closing costs (~8% of asking)
-$90,100
Est. remaining loan balance
-$409,322
Cash to seller
$626,828

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

July 2023

Original loan amount

$417,000

Est. remaining balance

$409,322

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Thomas R Drury and Sharon L Drury

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/03/2025 at 11:20 PM

Listing updated: 03/02/2025 at 9:49 PM

Listed by: Michelle R Camaioni, RE/MAX Closers Phone #: (301) 472-4422

MLS: Bright #MDSM2017218

Bright logo

Recently listed in RIDGE

$899,900|6 bd|5.0 ba|House
$875,000|3 bd|3.0 ba|House
$150,000|4 bd|1.0 ba|House
$1,126,250|7 bd|5.5 ba|House
tomo logo
  • © 2025 Tomo Real Estate
  • 1424 11th Ave, Suite 201, Seattle, WA 98122
  • (404) 738-5385

Resources

BlogTomo Mortgage

Disclaimers

mls-logo

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 Tomo Real Estate 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 closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2025 Bright MLS. All rights reserved.