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Residential Land for Sale in Riva, Maryland

507 Walnut Dr, Riva, MD 21140

$825,000
0.26 acres
Active sale
$25k drop
Est $5,609/mo

Opportunities to own this well-maintained home are rare. Set within a private water-privileged community with water views and a total of .66 acres, which includes 2 additional lots, you'll enjoy privacy, room to expand, and a setting that feels like a retreat. A unique property grandfathered in with no HOA or covenant fees in a amenity rich community that offers marina slips, beach, boat ramp, clubhouse, and year-round activities. The home has been updated through the years, yet keeping many of the vintage touches. With beautiful hardwood floors, warm living spaces, and two fireplaces, you enjoy a warm and cozy atmosphere. The thoughtfully designed layout with upper and lower kitchens supports multi-generational living, offering versatility for extended family, guests, or separate living areas. Enjoy the expansive year-round sunroom spanning the entire back of the home, and a screened porch below - ideal for relaxing, entertaining, and summertime crab feasts. The walk-up stairs to a floored attic provide ample storage. The beautifully landscaped yard includes a workshop and 2 storage sheds, a trampoline, and a custom playground. The owners utilize the extra lots, with 50amp hookup, for RV/motorhome storage. The property is completely fenced-in, making it pet-friendly. Easy access to the metropolitan areas, historic Annapolis, and the eastern shore. Blue Ribbon Davidsonville school district as well. Whether you're looking for a peaceful primary residence, a flexible home for extended family, or a property with unique amenities and room to grow, this home delivers a lifestyle that's increasingly hard to find. Homes with land, water views, and no HOA restrictions in a private community are uncommon - don't miss the chance to make this one yours. Glen Isle is a private South River waterfront community, Builder and investment alert ! Rare opportunity, Lots 24 and 25 combined are a separate .25 acre tax record. Sellers are including them in the sale of 510 Hilltop Dr. which is 3 lots totaling .44 acre. See listing MDAA2134096. Live in Hilltop and explore endless expansion chance to add a guest home, garage, and or 2nd home.

Location

Street address
507 Walnut Dr
Community
Glen Isle
School district
Anne Arundel County Public Schools
Elevation
44 feet
Coordinates
38.959, -76.5894

Property details

Lot size
0.255 acres11,108 sq ft
MLS #
TREND MDAA2134640
Posted

Property taxes

Recent
$573

Parcels

  • 020232104246400

Details and features

Listing

Type
Land
Franchise
Berkshire Hathaway Home Services

Lot

Waterfront
Navigable Water

Nearby schools

NameTypeDistrict
DavidsonvilleElementaryAnne Arundel County Public Schools
CentralMiddleAnne Arundel County Public Schools
South RiverHighAnne Arundel County Public Schools

Listing history

DateEventPriceChangeSource
Feb 27, 2026Price drop$825,000$25,000 -2.9%TREND
Jan 13, 2026New listing$850,000TREND
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This 0.255-acre property is located at 507 Walnut Dr in Riva, MD 21140. The property is available for sale for $825,000.

Checked 2 hours ago — Updated

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Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Bonnie McGurn
Berkshire Hathaway HomeServices PenFed Realty
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