304 Cove View Drive Unit #8A,, Saint Michaels, MD 21663

Property Description

The townhome is situated in a small condominium community called Cove View within the larger community of Rio Vista, in St. Michaels, Maryland. Waterfront Views: The property offers spectacular views of Spencer Creek. You can enjoy the changing scenery with the seasons, including sunrise and moonrise. It's a great place for nature enthusiasts as you'll share the creek with various wildlife, including ducks, geese, swans, cormorants, and other water birds. Boating Access: Each owner of the townhome has a deeded right to a boat slip at the pier on the property, providing convenient access to the water. There's also a boat ramp available at the Rio Vista pier. Conservation: The property across the creek, known as Maiden Point Farm, is under a conservation agreement, ensuring that it will not be developed. Bedrooms: There are two bedrooms on the second floor, and it appears that the developer had plans for a potential third bedroom on the first floor, but could be situated as a waterfront home office. Maintenance: The condominium fee covers various maintenance aspects, including hazard insurance for the buildings (while owners carry contents insurance), lawn and grounds maintenance, termite warranty, and a capital reserve fund for future roof replacements. Flood Insurance: While the buildings are located outside the flood zone, the association carries an annual flood insurance policy for added safety. The cost of this insurance is assessed annually, with an estimated cost of $522 per unit mentioned. This townhome offers a waterfront lifestyle with boating access and stunning natural surroundings, making it an attractive option for those looking to live in St. Michaels.