Price reduced by $100,000!! Welcome to Blue Water Drive, a 12+ acre private paradise perfectly situated on deep-water Stutts Creek with a water view to Hole-in-the-Wall and the Chesapeake Bay beyond! This peninsula property has roughly 2,100 ft. of shoreline and deep water on three sides, with development potential for multiple premier waterfront parcels. Elevation is excellent. The lovely Tidewater farmhouse exudes nostalgia for those lazy summer days of old. Built in 1902, this lovely structure needs updating and a new owner for the first time in over 100 years. Stately trees grace the expansive lawn, while some of the acreage is under cultivation. Just around the bend from Mathews Yacht Club.