$549,900
NEW CONSTRUCTION

298 Cove Dr Lusby, MD 20657

Estimated payment $3,064/month

Total Views 38,474
3 Beds
2.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • New Construction
  • Beach
  • Water Access
  • Lake Privileges

About This Home

Discover this to-be-built craftsman-inspired colonial designed with modern living in mind. The open floor plan is complemented by a selection of today’s most popular finishes, creating a home that feels both stylish and functional. Set on a flat, spacious lot within the desirable waterfront community of Drum Point, where residents can enjoy access to community beaches, a boat ramp, clubhouse, lake, and more. Just a short drive to Solomons Island, offering marinas, waterfront dining, shopping, and a scenic boardwalk. Images may reflect optional upgraded features.

Listing Agent

Laura Peruzzi

(410) 535-6291 mdavis@davispalumbo.com RE/MAX One Listed on: 01/16/2026

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 2026 | New Construction

Lot Details

  • 34,051 Sq Ft Lot
  • Home fronts navigable water
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Low Emissivity Windows
  • Double Hung Windows
  • Window Screens
  • Dining Area
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rough-In Basement Bathroom

Outdoor Features

  • Water Access
  • Property near a bay
  • Lake Privileges
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Perc Approved Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 5R
  • Assessor Parcel Number 0501134795

Community Details

Overview

  • Association fees include common area maintenance, management, reserve funds
  • Built by O'Hennon Builders
  • Drum Point Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Common Area

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,006

Year Built

Built in 2026 | New Construction

Lot Details

0.78 Acres

HOA Fees

$16 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2026
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Laminate Plank
  • Interior Amenities: Breakfast Area, Carpet, Dining Area, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Sprinkler System, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s)
  • Window Features: Double Hung, Low-E, Screens
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Unfinished, Walkout Stairs, Rough Bath Plumb
  • Laundry Type: Main Floor, Has Laundry
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Shingle, Architectural Shingle
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Perc Approved Septic, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 192.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Common Grounds, Lake, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Reserve Funds
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 0.78
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 34051.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Building Info

  • Builder Name: O'Hennon Builders

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1006.00
  • Assessor Parcel Number: 0501134795
  • Tax Lot: 5R
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $771 $55,200 $55,200 $0
2024 $771 $55,200 $55,200 $0
2023 $749 $55,200 $55,200 $0
2022 $924 $55,200 $55,200 $0
2021 $924 $55,200 $55,200 $0
2020 $1,041 $99,200 $99,200 $0
2019 $1,041 $99,200 $99,200 $0
2018 $1,041 $99,200 $99,200 $0
2017 $1,285 $99,200 $0 $0
2016 -- $99,200 $0 $0
2015 -- $99,200 $0 $0
2014 $1,238 $104,300 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2026 01/16/26 For Sale $549,900 +2649.5% --
07/31/2020 07/31/20 Sold $20,000 -41.2% -- View Prior Sale
12/31/2019 12/31/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $34,000 -- --
Source: Bright MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $20,000 Maryland Trust T&E Llc
Deed -- --
Source: Public Records

Source: Bright MLS

MLS Number: MDCA2024526

Bright MLS

APN: 01-134795

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