A truly rare dual parcel opportunity in Bay Ridge, where the value lies in purchasing both properties together—a substantial homesite with an existing residence directly across the street from a 57-foot waterfront lot on Lake Ogleton. The upland parcel spans an impressive 150 feet in width and currently features a comfortable, move-in-ready home, allowing immediate enjoyment while you plan for the future. A full-width screened front porch captures bay breezes, while the interior includes an updated kitchen with quartz countertops, a generous island, and SS appliances. A two-car garage and ample driveway parking add everyday convenience. This lot offers exceptional long-term potential, including the ability to design a future two-story residence with possible Chesapeake Bay and Bay Bridge views. Directly across the street, the companion waterfront lot provides protected water access on Lake Ogleton, complete with an existing dock in need of repair providing an ideal canvas for creating your private waterfront retreat. Whether your vision is a custom coastal estate, a modern waterfront design, or a classic Bay Ridge cottage, the combination of these two parcels delivers a rare blend of space, flexibility, and true water access that is nearly impossible to replicate. The sought-after Bay Ridge Community features a plethora of amenities including community pool with a clubhouse that overlooks the beautiful waters of the Bay, community beaches on both the River and the Bay and a community Marina with a newly renovated clubhouse. Off-the-water activities include enjoying the basketball court, playground, ball fields, pickleball courts, common areas and year-round community activities. Walk or ride your bike for miles along the water and enjoy all the benefits of the Bay Ridge lifestyle, there is no other place like it! Located just minutes from downtown Annapolis and Eastport which offer the perfect balance of small-town charm and big world sophistication. Traveling or commuting is just as convenient by easily accessing Rt. 50 and 97 which provides direct access to Baltimore, BWI, Ft. Meade/NSA and Washington, DC., or head over the Bay Bridge to the Eastern Shore for a quick beach vacation. Welcome Home!