Buyer backed out of contract. Reverse Mortgage short sale appraised for $444,000. Take advantage of this opportunity! Charming cottage-style home in the desirable Oliver Beach community, built in 1945 and offering 1,526 sq. ft. of living space. This 3-bedroom, 2-bathroom residence features an eat-in kitchen with ample table space. Enjoy cozy evenings by the fireplace with elegant mantel. The unfinished basement provides potential for customization, while the deck invites outdoor relaxation.Bonus balcony off the 2nd level primary bedroom overlooks the water. Set on a 0.22-acre lot with 50 feet of waterfront with stone bulkhead on the Gunpowder River, this property boasts a private dock with electric boat lift, perfect for fishing and boating enthusiasts. The landscaped yard enhances curb appeal, and the detached garage includes a workshop, toilet and sink. Located near local parks and schools, residents benefit from a vibrant community atmosphere with easy access to public services. Experience the tranquility of riverfront living while being part of a welcoming neighborhood.