Welcome home to your soon to be dream waterfront estate! Nestled on a picturesque one and a half acre lot in the coveted Governor Grason community, this charming home offers a prime opportunity to create your dream waterfront estate. With breathtaking views of the Wye River, the property features deep-water access (approx. 9ft MLW), waterfront in-ground pool, private pier with water and electric, and so much more! The perfect location for boating enthusiasts, outdoor lovers, and those looking for a peaceful retreat just minutes from the Chesapeake Bay Bridge on the Eastern Shore. The home provides three generously-sized bedrooms and 3 bathrooms, including a main-level primary suite with easy access to the expansive living and dining areas. Multiple living rooms throughout the home offer panoramic views of the Wye River, ensuring that every day feels like a waterfront getaway. The additional bonus bedroom downstairs provides versatility and privacy, ideal for guests or a home office. The interior of this home offers plenty of extra space to customize it to your needs - the perfect foundation for additional bedrooms, personal touches, and modern updates including a large open kitchen. The three-car oversized garage and plenty of additional storage options provide both practicality and function, while the prime location, just minutes from Route 50, offers quick access to local shopping, dining, and attractions in the surrounding areas. Popular destinations such as Kent Island, Annapolis, Saint Michaels, and more are just a quick drive or boat ride away. Whether you're looking to move in and update gradually or embark on a full transformation, this property offers incredible potential in one of the area's most sought-after areas of the Eastern Shore. Schedule your tour today!