This stately waterfront home hits the market for the first time in fifteen years. Situated on a one acre+ point lot in sought-after Ulmstead Cove, a wonderful community of thirty-eight homes on the Magothy River just north of Annapolis, this resort-style home makes this a truly one-of-a-kind property.The living shoreline stretches nearly three hundred fifty feet of waterfront, wrapping the entire point of land. This backyard is an entertainers paradise. Enjoy your private sandy beach, kayak rack, waterside firepit, custom Pebbletec pool, pond with waterfall and fully stocked outdoor kitchen. A private pier with multiple slips, equipped with a new twenty thousand pound remote control boat lift, fresh water and electric, and swim ladder are perfect for water lovers. There are magnificent sunsets from the pier, patio, and pool deck.A long private drive takes you to an impeccably maintained brick-front Colonial, wrapped in new hardiplank siding, architectural shingles and low-e windows. Tastefully renovated over the years with a mix of traditional and modern elements that everyone will love. Fully renovated gourmet kitchen equipped with gas cooking, granite counters, stainless steel appliances, custom cabinetry, and custom kitchen island with imported African wood countertop.Multiple living spaces on the main level afford a hangout for everyone in the family. There are four bedrooms upstairs and one in the basement, along with five upgraded bathrooms with granite and marble finishes throughout.Fully finished basement with a great guest space, includes multiple living spaces, a custom bar and mini-kitchen; providing access to casual waterfront dining. Basement level workshop w/storage and walkout to pool deck.The community offers an adjacent sandy beach with a picnic area for neighborhood events, kayak racks with a launch, a fishing pier with fresh water, and a sports court with basketball, tennis and pickle ball. The neighborhood is in the heart of the award winning Broadneck school district and just minutes from Route 50 and Interstate 97, with easy access to Annapolis (by car or boat), Washington DC, Baltimore, the Eastern Shore and BWI Airport. Appraisal in hand.