604 Cooleys Pond Rd in Gibson Island sells for $5 million

The single-family home at 604 Cooleys Pond Rd in Gibson Island sold for $5,000,000 on September 8, 2026, according to the Maryland Department of Assessments and Taxation's property records. That was 32% above the $3,787,900 market value on record in the Assessor's records.

An aerial photo shows the parcel sits directly on the bay, with other houses around it.

The record lists Cooleys Pond LLC as the buyer and Christopher H. Bartlett, Trustee as the seller.

Assessor's records show 5,477 square feet of living area, a build year of 1997 and a 1.25-acre lot. At that size, the sale works out to $913 per square foot.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Anne Arundel County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $37,500 for the county transfer tax (Anne Arundel County) and $17,500 for the recordation tax (Anne Arundel County). Who pays what follows Anne Arundel County custom.

How much did the seller net?

By our estimate, the seller netted about $4,672,032. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $1,165,708 at closing. That covers the down payment and closing costs.

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