




40 Lockleven Dr, Severna Park, MD, 21146
About This Home
Welcome to 40 Lockleven Drive, a rare opportunity to own a spacious ranch home on a beautiful 0.44-acre corner lot in the highly sought-after Olde Severna Park community. Lovingly cared for by the same owners for more than 55 years, this home offers over 2,700 square feet of finished living space, comfortable one-level living, and an exceptional opportunity to personalize a home in one of Anne Arundel County's most desirable waterfront communities. The thoughtfully designed floor plan features original hardwood floors throughout the main level, a spacious living room, formal dining room, large eat-in kitchen, and three generously sized bedrooms with three full bathrooms. The finished lower level provides flexible space for recreation, hobbies, guests, a home office, or additional living space. An attached two-car garage offers added convenience and storage. The home has been carefully maintained over the years, with major improvements including replacement windows, updated roof, and renovated bathrooms. While many buyers may choose to update the interior finishes to reflect their own style, the home's solid construction, generous layout, and outstanding location provide an exceptional foundation for long-term value. Located in the heart of Olde Severna Park, the home is directly across from Blue Ribbon Severna Park Elementary School and is served by Severna Park Middle School and Severna Park High School, with Severn School less than half a mile away. With voluntary membership in the Olde Severna Park Improvement Association, residents enjoy access to Hatton Memorial Beach, featuring a private community beach, pavilion, club house, kayak storage, community events, and, subject to association policies and availability, opportunities for boat slips on the Severn River—offering an exceptional waterfront community lifestyle. Enjoy easy access to the B&A Trail, Severna Park Library, local restaurants, coffee shops, boutiques, parks, and the conveniences of downtown Severna Park. Properties offering this unique combination of location, lot size, living space, one-level living, waterfront community amenities, and opportunity for personalization rarely become available in Olde Severna Park. Whether you choose to enjoy the home as it is or create your own vision over time, this is an exceptional opportunity in one of Severna Park's most desirable neighborhoods. Disclosures: (1) Some listing photos have been virtually staged. Furnishings, décor, and finishes shown in virtually staged images are for illustrative purposes only and are not included with the property.
Getting Around
Schools
Construction
Condition
- Year built: 1961
Materials
- Foundation: Crawl Space
- Roof: Architectural Shingle,Asphalt
- Construction materials: Stone,Brick,Copper Plumbing,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Area: 760
Basement
- Has basement: Yes
- Basement: Exterior Entry,Sump Pump,Partially Finished,Space For Rooms,Windows
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Features
- Flooring: Wood
- Number of fireplaces: 2
- Fireplace features: Brick,Wood Burning,Mantel(s),Glass Doors
- Fireplace: Yes
- Finished area below ground: 760
- Finished area above ground: 1,976
Heating & Cooling
- Heating features: Baseboard,Natural Gas
- Cooling features: Whole House Fan,Central Air,Electric
Interior Area
- Total structure area: 2,736
- Total interior livable area: 2,736 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 020374811753495
- Zoning: R5
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Wood
- Waterfront features: Private Access,Fishing Allowed,Swimming Allowed,Boat - Powered,Sail,Personal Watercraft (PWC),Waterski/Wakeboard,Canoe/Kayak,River
Lot
- Lot size: 0.44 Acres
- Features: Corner Lot,Corner Lot/Unit
Parking
- Total spaces: 6
- Parking features: Oversized,Garage Faces Side,Garage Door Opener,Attached,Driveway
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maryland Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,067 | $72,804 |
| Home Insurance * | $314 | $3,768 |
| Property Taxes | $625 | $7,500 |
| Electricity | $348 | $4,183 |
| Total | $7,354 | $88,248 |
Income You'd Need if You Spent...
Maryland FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-15 | Listed for sale | $1,199,999 |
