$650,000
- 3
- beds
- 2 full · 1 half
- baths
- 2,508
- sqft
- 2003
- year built
- 3
- beds
- 2 full · 1 half
- baths
- 2,508
- sqft
- 2003
- year built
- Status:
- ACTIVE-BRIGHT
- MLS #:
- MDAA2155754
- Neighborhood:
- SOUTH RIVER COLONY
- County:
- Anne Arundel
- Listed By:
- Kyle F McCarthy - RE/MAX Leading Edge
- Agent Phone:
- (301) 910-7472
- Agent Email:
- soldbykyle@aol.com
Sponsoring Broker: Jennifer Staats, ez Home Search, Inc.
Welcome to 428 Penwood Drive, a beautifully maintained end-unit townhome ideally situated on a private homesite in the highly sought-after South River Colony community of Edgewater. With approximately 2,500 square feet of finished living space across three levels, this spacious three-bedroom, two-and-a-half-bath home combines comfort, style, and functionality with the added privacy and natural light of an end-unit location. The main level welcomes you with an inviting foyer and a bright, open floor plan featuring new luxury vinyl plank flooring and new carpeting. The spacious living and dining areas offer plenty of room for everyday living and entertaining, while the well-appointed kitchen provides abundant cabinetry and generous workspace. A cozy gas fireplace creates a warm and inviting focal point, and the large rear deck extends the living space outdoors, providing the perfect setting for morning coffee, outdoor dining, entertaining, or simply relaxing while enjoying the peaceful landscaped surroundings. Upstairs, the generously sized primary suite offers a comfortable private retreat, accompanied by two additional bedrooms and a full hall bath. The finished lower level provides even more versatile living space and can easily accommodate a family room, recreation area, home office, fitness room, or guest space. There’s also a three-piece rough-in ready for a future full bathroom. Convenient interior access to the two-car garage adds to the home's everyday functionality. As an end unit, 428 Penwood Drive enjoys additional privacy, natural light, and a beautifully landscaped setting while offering all the benefits of living in South River Colony. Residents enjoy an impressive array of community amenities, including outdoor swimming pools, tennis, pickleball, and basketball courts, walking and jogging paths, playgrounds, common areas, and nearby golf opportunities. Ideally located in Edgewater, the community offers convenient access to Annapolis as well as major commuter routes to Washington, D.C., and Baltimore. With its spacious floor plan, three finished levels, two-car garage, numerous updates, and desirable location, 428 Penwood Drive is a wonderful opportunity to enjoy comfortable living in one of the area's most established and sought-after communities.
Highlights
- Residential
- Townhouse
- Built in 2003
- 0.06 Acre Lot
- $225/mo HOA
- 2 Car Garage
- 56 days on Market
-
- Bedrooms
- 3
-
- Bathrooms
- 2 full · 1 half
-
- Year Built
- 2003
-
- Architectural Style
- Colonial
-
- Construction Materials
- Vinyl Siding, Brick Veneer
-
- Foundation
- Concrete Perimeter
-
- Garage Spaces
- 2.0
-
- Parking Features
- Driveway, Private, Attached, Garage Door Opener, Garage, Concrete, On Street, Off Street
-
- Living Area
- 2508.0
-
- Interior Features
- Ceiling Fan(s), Walk-In Closet(s), Recessed Lighting, High Ceilings, Crown Molding
-
- Appliances
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Disposal, Gas Range, Gas Oven, Range Hood, Gas Water Heater, Stainless Steel Appliance(s), Ice Maker, Water Heater, Exhaust Fan
-
- Flooring
- Laminate, Carpet, Ceramic Tile, Wood
-
- Exterior Features
- Lighting
-
- Patio And Porch
- Patio, Deck
-
- Pool Features
- None
-
- Cooling
- Ceiling Fan(s), Central Air, Electric
-
- Heating
- Forced Air, Natural Gas, Exhaust Fan
-
- Basement
- Finished, Full, Daylight, Bath/Stubbed, Exterior Entry
-
- Acres
- 0.06
-
- Lot Features
- Cleared, Corner Lot, Back Yard
-
- View
- Trees/Woods
-
- Water
- Public
-
- County
- Anne Arundel
-
- City
- Edgewater
-
- Neighborhood
- SOUTH RIVER COLONY
-
- Zip Code
- 21037
-
- High School
- SOUTH RIVER
-
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Estimated Value
$613,193
Estimated Sales Price Range:
$582,533 - $643,852
Source: Constellation Data Labs
Price History
| 09/14/2026 | Listed | $650,000 |
| Source: Bright #MDAA2155754 | ||
Source: MLS Data
Deed History
| 06/14/2007 | Deed | $489,000 |
| 11/25/2003 | Deed | $385,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 10/26/2012 | VA | $458,000 |
| 01/26/2009 | Stand Alone Refi (Refinance of Original Loan) | $361,000 |
| 06/14/2007 | Purchase Money Mortgage | $358,000 |
| 03/15/2005 | Credit Line (Revolving) / HELOC | $96,000 |
Source: Public records via Constellation Data Labs
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Similar Listings
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There are currently 75 properties available in Edgewater, with 17 under contract to close soon. Properties in the city have an average sale price of $683,433 and typically spend 63 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 428 Penwood Dr?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 428 Penwood Dr.
They know residentials in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 428 Penwood Dr?
Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $650,000. We can talk through recent upgrades, potential seller motivation, how this townhouse compares to others in Edgewater, and can even get you in to see the property quickly.
How do I get a virtual tour of 428 Penwood Dr?
Yes! A virtual tour is available for 428 Penwood Dr. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 428 Penwood Dr?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 428 Penwood Dr at around $4,165. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 428 Penwood Dr?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Anne Arundel County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 428 Penwood Dr?
In most cases, yes. Whether 428 Penwood Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Edgewater's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 428 Penwood Dr?
We can handle that for you. Our preferred local agent specializes in residentials in Edgewater and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $650,000 with 2,508 sqft of space—that comes out to approximately $259 per square foot.
How long has this property been on the market?
428 Penwood Dr was listed on September 14, 2026, which means it's been on the market for 56 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2003, making it approximately 23 years old.
What is the lot size of this property?
428 Penwood Dr sits on a 0.06-acre lot, which is 2,614 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- High: SOUTH RIVER
Want to see how these schools compare? Check out our Anne Arundel County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 428 Penwood Dr?
The most recent public record shows annual property taxes for 428 Penwood Dr were approximately $5,592. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $225 paid monthly.
Is 428 Penwood Dr still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.
Last Updated: November 09, 2026 at 10:06PM | Source: Bright | MLS#: MDAA2155754
