Chesapeake Light was used in 2002-2003 by University of Maryland, Baltimore County students for research projects. The following year it was inspected by the Coast Guard for possible dismantling, but the inspection showed the light to be sound. By this time, Chesapeake Light was the last remaining "Texas Tower" still in use as Frying Pan Shoals Light was deactivated in 2003. Chesapeake Light continued in service until early July 2016, when it stopped transmitting data. The NDBC lost its access to the tower to service and maintain the equipment after the Coast Guard determined the lighthouse was "structurally unsound". The lighthouse was then auctioned off on August 3, 2016, where it sold for $215,000 (USD) to an anonymous buyer.
