Waterfront parcel sold at auction for $715,000

A hillside property with a view of Baltimore's harbor and skyline was sold at auction Tuesday for $715,000 to an unnamed buyer, whose representative said he expected the land would be developed for residential use. The auction of the 8.8-acre parcel on Waterview Avenue between Westport and Cherry Hill was a foreclosure sale on behalf of Columbia Bank. Tranzon Fox was the auctioneer.

The city of Baltimore in 2004 approved plans for a project called Waterview Overlook, which was to contain condominiums and townhouses on the site, but construction never began. The land overlooks the Middle Branch of the Patapsco River and is close to the site where developer Pat Turner is planning a $1.5 billion development.

The winning bidder, who declined to give his name, said he represented an entity called 6601 Suitland Road LLC. The auctioneer was Tranzon Fox Auctions.

ed.gunts@baltsun.com

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