1428 Oak Bluff Rd Edgewater, MD 21037
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About this home
Welcome to 1428 Oak Bluff Road—where expansive water views and thoughtful updates create a rare retreat in Edgewater! Set on a spacious .33-acre lot with sweeping vistas of Almshouse Creek, this beautifully maintained home offers privacy, comfort, and an inviting connection to the Chesapeake environment. Step inside to over 2,300 finished square feet of bright, open living space. The main level features a spacious living and dining area with large windows framing the water and direct access to an expansive Trex deck (2022). The updated kitchen includes new GE appliances (2023), refaced cabinetry and under-cabinet lighting (2025), and generous counter space—designed for everyday living and entertaining. Three bedrooms and two full baths are arranged on the main level, including a primary suite with an en suite bath and custom closet systems. The fully finished walk-out lower level adds versatility with a large family room anchored by a wood-burning fireplace, a fourth bedroom, a third full bath, and flexible space perfect for a home office, gym, or guest suite. Recent improvements enhance comfort and peace of mind, including a new roof (2022), high-efficiency HVAC system with smart thermostat (2024), new hot water heater (2024), UV water treatment system (2023), chimney relining (2023), all new interior lighting (2024), fresh paint and new carpet throughout (2025), comprehensive electrical upgrades (2025), and a custom basement stair railing (2023). Enjoy outdoor living year-round with multiple decks, patios, a masonry fire pit (2024), mature landscaping, and a partially fenced yard. The oversized two-car garage with RV hookup and an extended driveway provide abundant parking for vehicles, water toys, or a boat. This tranquil location offers easy access to local marinas, waterfront parks, and historic London Town & Gardens, while remaining just minutes to shopping and commuter routes. Bring your kayak or paddleboard and launch from nearby community access points to explore the coves of the South River. Don’t miss this opportunity to experience Chesapeake living—schedule your private tour today!
Source: BRIGHT #MDAA2119570
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
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