Nestled in the sought-after peninsula community of Long Point on the Magothy, this nearly 2,000-square-foot waterfront bungalow presents an exceptional opportunity to create the Chesapeake Bay home you've always envisioned. Set along protected Cornfield Creek just off the Magothy River, the property combines an outstanding waterfront setting with incredible potential to renovate, reimagine, or expand the existing home. Inside, a foyer entrance opens to a large great room featuring vaulted ceilings and walls of windows that fill the home with natural light. The kitchen offers solid wood cabinetry ready for refinishing, a charming breakfast nook with built-in corner cabinets, and excellent space to create the kitchen of your dreams. The adjoining L-shaped living area features a raised brick hearth with a wood stove insert, built-in bookshelves, and sliding doors leading to the expansive waterfront deck—an ideal setting for entertaining, relaxing, and enjoying the peaceful waterfront scenery. Outside, approximately 50 feet of protected shoreline on Cornfield Creek includes a new bulkhead (2024) and a private pier with a wide slip, capable of accommodating a large vessel. With typical water depths of five feet, you'll have direct access to some of the finest boating, fishing, crabbing, paddleboarding, and kayaking the Chesapeake Bay has to offer. Additional features include a detached one-car garage with an attached two-car carport, and generous paved parking. Whether you're seeking a weekend retreat or a year-round waterfront residence, this property offers the rare chance to invest in an exceptional location while adding your own style and value. Perfectly positioned just minutes from the mouth of the Magothy River and the Chesapeake Bay, you'll enjoy easy boating access to Annapolis, Rock Hall, Kent Island, Bodkin Creek, Baltimore, and countless waterfront destinations. Spend your days exploring the Bay or anchor at nearby Eagle Cove or Dobbins Island to take in unforgettable Chesapeake sunrises and sunsets. Opportunities like this are increasingly rare—a quality waterfront property with protected deep water, outstanding boating access, and endless possibilities to create a truly special home. Bring your vision and experience the Maryland waterfront lifestyle at its very best.