The joint venture between Stella Marinas and Drake Real Estate Partners has acquired South River Marina and Turkey Point Marina & Yacht Club, combining these adjacent Edgewater, Maryland properties into one of the largest marina facilities on the Chesapeake Bay. This consolidation creates a significant boating hub with over 500 wet slips and dry racks, providing comprehensive services for powerboats up to 40 feet in a protected cove location just 30 minutes from both Washington, D.C. and Baltimore.
The strategic importance of this acquisition lies in its enhancement of regional boating infrastructure at a time when recreational boating demand continues to grow. The newly combined facility offers boaters full-service amenities including lift slip and dry rack storage, marine services from experienced technicians, fuel services, dry winter storage, and immediate access to the Chesapeake Bay. The marina's central location five miles from Annapolis positions it as a key destination for the boating community.
Stella Marinas is further expanding offerings through partnerships with Five Star Hospitality, which will operate the High Tide Grill serving casual waterfront fare, and Rudy Marine, which will offer Jeanneau outboard-powered cruisers and Bentley pontoon boats for sale on site. These additions create a comprehensive boating destination where enthusiasts can dock, dine, refuel, and access marine products in one location.
Ryan Comisky, Owner of Stella Marinas, emphasized the convenience factor for boaters, stating the location makes it the perfect home port for those valuing an enjoyable boating lifestyle. David Cotterman of Drake Real Estate Partners noted the investment aligns with their value-add strategy while enhancing the Edgewater boating community. The acquisition represents significant capital investment in waterfront infrastructure that supports both recreational boating and local economic activity through job creation and increased marine tourism.
