🚨 NEW PRICE! $495, 997 + UP TO $15, 000 IN SELLER CLOSING COST ASSISTANCE OR INTEREST RATE BUYDOWN WITH AN ACCEPTABLE OFFER! Discover the perfect combination of space, comfort, and the Chesapeake Bay lifestyle in this beautifully maintained 4-bedroom, 2.5-bath Colonial nestled in the water-privileged community of Chesapeake Ranch Estates. From the moment you arrive, you'll appreciate the generous floor plan featuring formal living and dining rooms, a spacious kitchen designed for gathering with family and friends, and sliding glass doors from both the kitchen and family room leading to a sprawling two-tier deck with a remote-controlled retractable awning, making outdoor entertaining effortless. The nearly 500-square-foot primary suite is a true retreat, offering hardwood flooring, soaring cathedral ceilings, two walk-in closets, and a private balcony where you can enjoy peaceful seasonal water views with your morning coffee or unwind at the end of the day. Three additional spacious bedrooms, a full hall bath, and an upper-level laundry room provide convenience for everyday living. The unfinished basement offers incredible potential to create additional living space, whether you envision a recreation room, home theater, fitness studio, guest suite, workshop, or home office. Chesapeake Ranch Estates is known for its outstanding amenities, including private Chesapeake Bay beaches, Lake Lariat, parks, playgrounds, athletic fields, scenic walking trails, and a community campground, providing year-round opportunities to enjoy the outdoors. Ideally located just minutes from NAS Patuxent River, Solomons Island, waterfront restaurants, marinas, shopping, Cove Point Park, and Calvert Cliffs State Park, this home places you close to work, recreation, and everything that makes Southern Maryland such a desirable place to call home. Additional features include an attached two-car garage, public water, electric service, a new garage door, and floor plans included with the listing photos. With an exceptional new price, valuable seller incentives, and an unbeatable combination of community amenities and location, this is an opportunity you won't want to miss. Schedule your private tour today!