***Rare Waterfront Opportunity*** Welcome to 18866 Russell Rd, Valley Lee /Leonardtown, MD, a truly exceptional waterfront property offering a private, peaceful setting on a premium lot with stunning views of the water. Currently a 3-bedroom, 1.5-bath home, this property presents the perfect opportunity to reimagine, renovate, or rebuild into your dream waterfront retreat. Surrounded by natural beauty, this is more than just a home, it’s an oasis with endless potential. Whether you’re an investor seeking your next project or a buyer ready to design a custom residence, the value here is in the land, location, and lifestyle. Enjoy the tranquility of waterfront living with your own private dock and expansive outdoor space ideal for relaxation, entertaining, or creating something truly special. Priced strategically to allow room for vision and transformation, this is a rare chance to secure a premier waterfront property and bring your dream to life. Opportunities like this don’t come often.
For sale
$450,000
18866 Russell Rd, Leonardtown, MD 20650
3beds
1,128sqft
Est.:
Single Family Residence
Built in 1974
0.71 Acres Lot
$443,700 Zestimate®
$399/sqft
$-- HOA
What's special
Surrounded by natural beautyPrivate dockPremium lot
- 45 days |
- 932 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Shelly Hibbert 301-437-8883,
KW Metro Center (703) 535-3610
Source: Bright MLS,MLS#: MDSM2030238
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Heat Pump, Natural Gas
Cooling
- Other, Electric
Appliances
- Included: Water Heater
Features
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 1,128
- Total interior livable area: 1,128 sqft
- Finished area above ground: 1,128
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.71 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1902017121
- Zoning: RPD
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Raised Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Combination, Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Subdivision: Valley Lee
HOA
- Has HOA: No
Location
- Region: Leonardtown
Financial & listing details
- Price per square foot: $399/sqft
- Tax assessed value: $427,100
- Annual tax amount: $4,021
- Date on market: 4/1/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$443,700
$422,000 - $466,000
$2,075/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Listed for sale | $450,000$399/sqft |
Source:  Bright MLS #MDSM2030238 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 20650
Nearby schools
GreatSchools rating
- 9/10Piney Point Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 8/10Leonardtown Middle SchoolGrades: 6-8Distance: 7.2 mi
- 5/10Leonardtown High SchoolGrades: 9-12Distance: 6.9 mi
Schools provided by the listing agent
- District: St. Mary's County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Maryland
- Saint Marys County
- Leonardtown
- 20650
- 18866 Russell Rd
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