BACK ON THE MARKET WITH A NEW PRICE. DON’T MISS THIS EXCEPTIONAL WATERFRONT OPPORTUNITY. Tucked away in the highly desirable Drum Point neighborhood of St. Michaels, this exceptional waterfront retreat offers a rare combination of privacy, comfort, and quintessential Eastern Shore charm, just minutes from the heart of town. Formerly a successful vacation rental, this beautifully maintained three-bedroom brick home is designed for relaxed year-round living and effortless entertaining. The inviting open floor plan features rich wood flooring, double-sided fireplace, a renovated kitchen, updated bathrooms, and energy-efficient geothermal HVAC. Water views are part of everyday life here. Spend quiet mornings beneath the shade of mature trees along the shoreline, unwind in the hammock as the Chesapeake breezes drift by, or gather with friends and family for unforgettable outdoor entertaining. The expansive deck features a built-in outdoor kitchen and hot tub, while a charming stone-walled patio offers another inviting space to relax. An outdoor shower makes post-swim cleanup easy, and the private pool provides the perfect place to cool off on warm summer days. For boating enthusiasts, the property delivers exceptional waterfront amenities with a private dock offering approximately 3 feet MLW, a boat lift, and a boat launch, providing convenient access to the water. A separate two-room detached studio with a covered porch adds even more versatility—perfect for visiting guests, a home office, creative pursuits, or a private getaway—all while taking in beautiful water views. Additional features include an encapsulated crawl space and numerous thoughtful updates throughout the property. And when you’re ready to explore beyond your own waterfront haven, you’re just minutes from the best of St. Michaels, including acclaimed restaurants, boutique shopping, charming cafes, the Classic Motor Museum, and the Chesapeake Bay Maritime Museum. Private, picturesque, and perfectly positioned, this is a rare opportunity to experience the very best of Eastern Shore waterfront living in one of St. Michaels' most sought-after neighborhoods.