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$1,300,000
An incredible 'value-add' opportunity for an investor with the vision to transform this waterfront asset to be cash cow. This property is a diamond in the rough; it just takes the right vision to see the polished potential. Restaurant, The RIVAH, on Cobb Island was a well-established restaurant and marina located in Maryland for 35 years before the current owner took over. It had permit to play music outside. Large Eat in Restaurant, Tiki Bar Licnese was in place and may reapplied. Outdoor seating. Full Service Marina, 3 Docks, 88 Wet Boat slips & 45 Dry dock spaces with electric. Boat storage, 20 ton boat lift. Totally sale as is. Buyer is responsible to do all due diligence before the purchase. Property sale as is.

12364 Neale Sound Dr, Cobb Island

Listing courtesy of Premiere Realty. Contact:

$575,000
Build your custom retreat on this expansive 1.8-acre level lot, one of the larger waterfront parcels on Cobb Island. The property offers a rare combination of significant privacy and a small private beach during low tides directly on the Potomac River. The site is partially cleared with full riprap in place, and already tapped for public sewer, removing a major development hurdle. With a level topography and ample room for a large footprint, this lot is ready for immediate planning. Enjoy secluded riverfront living within a short distance of local marinas, restaurants and island amenities.

15567 Potomac River Dr, Cobb Island

Listing courtesy of Baldus Real Estate, Inc.. Contact:

$935,000
4 Beds ⋅ 3 Baths
This waterfront 4 bedroom, 3 bathroom retreat is perfectly positioned on the Potomac River with sweeping views and unforgettable sunsets. Offered fully furnished, this home is truly move-in ready—whether you’re looking for a primary residence, a second home, or an Airbnb investment. Completely reimagined in 2022, the property was lifted to meet modern floodplain requirements and enhanced with a full remodel and addition, blending timeless coastal charm with today’s comfort and efficiency. Inside you are greeted by floor-to-ceiling water views framed by expansive windows and doors across the back of the home. The open main level features a wood-burning insert fireplace separating the kitchen and family room, a shiplap ceiling, and durable LVP flooring. The gourmet kitchen boasts all new appliances, including an 8-burner double oven gas range, while the adjacent partially covered deck with Trex flooring and hot tub invites you to relax or entertain outdoors. The layout is both functional and inviting, offering a first-floor bedroom and bath, two additional bedrooms and a spa-inspired bath upstairs, plus a stunning owner’s suite with commanding Potomac River views. Bathrooms are all new, with a soaking tub upstairs and a dual-head shower downstairs. Every bedroom is equipped with its own ductless mini-split for customized comfort and energy savings. Additional highlights include bamboo flooring upstairs, craftsman trim, a whole-house water filter, new well tank, and tankless Infinity water heater. A finished bunk room (possible 5th bedroom) above the detached workshop with its own entrance and mini-split HVAC adds versatile space for guests, hobbies, or work. The property also features a pier with a 10,000 lb boat lift, making it easy to explore the Potomac River, Wicomico River, and Neale Sound. Life on Cobb Island is as special as the home itself. This golf-cart and water-access community offers no HOA, yet the Citizens Association keeps the island lively with events like Cobb Island Day, Witches on the Water, Monarch Mania, and the Lighting of the Christmas Crab Basket Tree. Local marinas, restaurants, and the recently updated market are all just a short stroll or cart ride away. Fully furnished and turnkey, this is waterfront living at its finest and ready for you to start making memories from day one.

15445 Potomac River Dr, Cobb Island

Listing courtesy of Baldus Real Estate, Inc.. Contact: