New36$649,999
3 bd · 4 ba · 2,574 sqft
463 Penwood Dr, Edgewater, MD
Est. $4,489/moGet pre-qualified$252/sqft · 47 days on Realty
3
Beds
3
Baths
2,772
Sqft
1966
Built
GINGERVILLE! Situated on a spacious 1/2 acre corner lot in the highly sought-after Gingerville Manor Estates community, this charming 3-bedroom, 2.5-bath rancher offers endless potential and is ready for its next owners to make it their own. Move in now and renovate over time. Surrounded by mature trees and located on a quiet, established street, this home provides the perfect blend of comfort, space, and opportunity. Inside, you'll find generously sized bedrooms, a newer roof, and a thoughtful layout designed for both everyday living and entertaining. The heart of the home features an open kitchen that flows seamlessly into a cozy family room complete with a wood-burning fireplace—perfect for gathering on cool evenings. Additional living and dining spaces offer flexibility for hosting guests, working from home, or simply spreading out and enjoying the home's versatile floor plan. Conveniently located just off the kitchen, the one-car garage and laundry area provide practical functionality for busy households. The walkout lower level expands the living space even further, offering a large recreation area ideal for a playroom, teen hangout, home gym, or media room. An expansive unfinished section provides abundant storage or the opportunity to create additional finished living space tailored to your needs and vision. Life in Gingerville is about more than just the home—it's about community. Residents enjoy some of the area's most desirable amenities, including a community pool, pavilion, basketball court, baseball field, and scenic pond. Throughout the year, neighbors come together for a variety of community events, creating a welcoming and connected atmosphere that makes Gingerville such a special place to call home. This home offers easy access to shopping, dining, and entertainment at Annapolis Towne Centre, as well as the charm and waterfront attractions of Downtown Annapolis. Commuters will appreciate the convenient access to Baltimore, Washington, D.C., and surrounding areas by both car and commuter bus. A rare opportunity to own in one of the area's most beloved neighborhoods. Come make this your new home! **New roof 2024**
Listing agent
Arian Sargent Lucas
Courtesy of Lofgren-Sargent Real Estate
(443) 569-2724
Bright MLS · Listing MDAA2149432
Bright MLSCourtesy of Lofgren-Sargent Real Estate · (443) 569-2724
Listing agent: Arian Sargent Lucas · Listing MDAA2149432
Range $662,065 – $735,935 · as of July 14, 2026
ATTOM automated valuation model · 53 published estimates over 6.5 years · shaded band is the model's own published low-to-high range
Highest reading $797,808 in November 2025; lowest $534,100 in April 2020. The vertical scale starts at the series' own low, not at zero — it is drawn to show movement, not absolute size.
$139,800
Estimated monthly payment
$4,489/mo
Loan amount $559,200. Estimate only — your actual rate and payment depend on credit, location, and lender.
2026 roll
School ratings (A+ to F) from HJN community data.
Annapolis High School
9-12 · Regular · Anne Arundel County Public Schools
2,075 students · 14.8:1 student–teacher
Walter S. Mills-Parole Elementary School
KG-5 · Regular · Anne Arundel County Public Schools
559 students · 10.1:1 student–teacher
Monarch Academy Annapolis Elementary School
PK-5 · Regular · Anne Arundel County Public Schools
634 students · 11.6:1 student–teacher
Rolling Knolls Elementary School
PK-5 · Regular · Anne Arundel County Public Schools
402 students · 11.2:1 student–teacher
Germantown Elementary School
PK-5 · Regular · Anne Arundel County Public Schools
467 students · 10.9:1 student–teacher
St Martins Lutheran Church School
PK-8 · Regular
118 students · 7.4:1 student–teacher
Edgewater Elementary School
PK-5 · Regular · Anne Arundel County Public Schools
577 students · 15.0:1 student–teacher
Studio 39
9-12 · Alternative/Other · Anne Arundel County Public Schools
This content last refreshed on 2026-10-01 14:20:55 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Tracy A Wallace · EXP Realty, LLC
101
$624,900
3 bd · 3 ba · 2,517 sqft
334 Hamlet Cir, Edgewater, MD
Diana L Klein · Lawyer's Realty, LLC

Bright MLSWithin 2 miles of this home: 40+ restaurants and cafés, 9 grocery stores, 6 parks and green spaces, and 29 transit stops.
Place data from OpenStreetMap.
Squisito
Italian restaurant · Riva Road
Chipotle
Mexican restaurant · Riva Road
Subway
Riva Road
Corner Cafe
Riva Road
sweetFrog
Solomons Island Road
Dunkin
Riva Road
TGI Fridays
American restaurant · Solomons Island Road
Starbucks
Solomons Island Road
The Fresh Market
Solomons Island Road
Pennsylvania Dutch Farmer's Market
Solomons Island Road
Giant
Forest Drive
Aldi
Lidl
Solomons Island Road
Whole Foods Market
Harker Place
Safeway
Housley Road
Trader Joe's
Jennifer Road
Homeport Farm Park
Forest Plaza Parole Greenspace
Broad Creek Park
AV Bounce
Old Annapolis City Reservoir
Wild Rose Shores
Harry S. Truman Park and Ride
Harry S Truman Park & Ride
Annapolis Harbour Center (Movie Pavilion)
Annapolis Corporate Park
Riva Road & Forest Drive Eastbound
Riva Road & Forest Drive Opposite Westbound
Forest Dr. and Tower Pl
Forest Dr. and Harker Pl