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$3,250,000
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Property Description
Welcome home. Perfectly positioned at the end of Market Street, this rare waterfront residence offers an exceptional blend of privacy, design and an impeccable lock and leave lifestyle. Located within an intimate six residence enclave, this fully reimagined contemporary brick townhome captures sweeping views of Spa Creek from every level, delivering a front row experience to Annapolis' most iconic moments, from the Blue Angels to the holiday lighted boat parade. Completely rebuilt from the studs in the last few years with a refined nautical influence, the home spans four light filled levels, where thoughtful design and craftsmanship are evident throughout. Refinished hardwood floors run seamlessly from room to room, while custom steel stair elements made from sailboats, create a striking architectural focal point. An elevator services the main and upper levels, offering both convenience and ease of living. The main living level is both elegant and inviting, featuring a stunning half bathroom, spacious living room with a wood burning fireplace with a marble fireplace surround with custom surrounding built ins that look out to the water. The gourmet kitchen is designed for both everyday living and entertaining, offering high end appliances, a beverage refrigerator, and a dramatic marble waterfall countertop. Additional luxurious details include hidden hinges, walnut doors and tiles from Bali. Sightlines were intentionally designed to draw your eye straight through to the water the moment you enter. The upper level primary suite is a true retreat, offering panoramic water views and a spa inspired bath. An additional ensuite bedroom completes this level, along with a conveniently located second laundry area for effortless everyday living. The top floor provides two more generously sized bedrooms and a beautifully appointed full bath, ideal for guests. On the lower level, a fully equipped second kitchen, recreation space with gas fireplace, full bath with exquisite flooring, laundry, and storage create the perfect setting for extended stays or entertaining, with direct walk out access to the waterfront. Beyond the interiors, the lifestyle is equally compelling. A flagstone courtyard welcomes you home, while rare off street parking adds convenience for owners of this six townhome community. A deeded boat slip sits just steps from your door, offering immediate access to the water. Residents enjoy exclusive access to a heated gunite pool, beautifully maintained grounds, exterior maintenance including the roof, a floating dock and kayak storage, all within this private community. From here, it is a short stroll to the shops and restaurants of downtown Annapolis, or take a scenic water taxi ride and be picked up just steps away from your front door. This is a rare opportunity to experience turnkey waterfront living with effortless access to everything that makes Annapolis extraordinary.
Full Property Details
Full Property Details for 5 Market Quay
General
- Price: $3,250,000
- HOA FEE: $867/month
- HOA FEE FREQ.: Quarterly
- Taxes: $20,167 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSMidAtlantic
- MLS ID: MDAA2143742
- Updated: 8/8/2026
- Added to Site: 115 day(s) ago
Interior
- Interior Features: Elevator, Primary Bath(s), Built-Ins, Upgraded Countertops, Wet/Dry Bar, Wood Floors, Floor Plan - Traditional, 2nd Kitchen, Family Room Off Kitchen, Kitchen - Gourmet
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Wood, Gas/Propane
- Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer, Oven/Range - Gas
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Upper 2 - Full Baths: 1
- Upper Floor Baths: 3
- Upper - Full Baths: 3
- Main Floor Baths: 1
- Main - 1/2 Baths: 1
- Lower Floor Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 4
- Bedrooms-Up2: 2
Other Rooms
- Laundry: Lower Floor, Upper Floor
Additional Information
- Shared Amenities: Common Grounds, Pool - Outdoor, Pier/Dock, Boat Dock/Slip
- Shared Pool: Yes
- Pool: Yes
Exterior
- Exterior Features: Awning(s)
- Porch/Patio/Deck: Patio(s)
Parking
- Assigned Spaces: 1
- Parking Features: Assigned
- Parking Type: Off Street
Location
- Municipality: Annapolis
- County: ANNE ARUNDEL
- Subdivision: HISTORIC DISTRICT
- Building Name: MARKET QUAY
- Driving Directions: Duke of Gloucester to end of Market Street
- Direction Faces: Southwest
- Location Details: Creek/Stream
- City Limits: Yes
School Information
- School District: Anne Arundel County Public Schools
Community
- Association: Yes
- Assoc. Name: HOMEOWNERS
- Assoc. Fees Include: Trash, Ext Bldg Maint, Lawn Maintenance, Pier/Dock Maintenance, Pool(s), Snow Removal, Parking Fee
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: 0 Blocks
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Rear Entrance, Fully Finished, Connecting Stairway, Walkout Level
- Foundation: Permanent
- Elevator(s ): 1
- Stories Description: Lower 1, Main, Upper 1, Upper 2
- Square Feet: 3,229
- Sq. Ft. Source: Estimated
- Living Area: 3,036 Sq. Ft.
- Finished Above Grnd: 2,361 Sq. Ft.
- Finished Below Grnd: 675 Sq. Ft.
- Unfin. Above Grnd: 68 Sq. Ft.
- Year Built: 1970
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
Unit 1
- Bathrooms-Lower: 1
Lot Features
- Property View: Water
- Lot Size (Sq. Ft.): 2
- Lot Size Source: Assessor
- Zoning: C1
Water Features
- Water Front: Yes
- Water View: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Private Access, Boat - Powered, Canoe/Kayak, Sail
- Water Front Type: Creek/Stream
- Water Front Name: SPA CREEK
- Dock/Slip Conveys: Yes
- Docks: 1
- Power Boats: 1
- Non-Power Boats: 1
Financial Considerations
- Price Per Sq. Ft.: $1,376.54
- Association Fee: $2,600
- Assoc Fee Freq.: Quarterly
- City/TownTax: $10,386
- City/TownTax Freq: Annually
- Tax w/Assessment: $1,527,000
- Tax Amount: $20,167
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 3254
Disclosures and Reports
- Ownership: Fee Simple
Listed by Engel & Volkers Annapolis, Kathleen Moore
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Schools
Schools serving 5 Market Quay
School District:Anne Arundel County Public Schools
| Name | Grades | Distance |
|---|---|---|
Annapolis Elementary School 180 Green Street, Annapolis, MD 21401 | PK-5 | 0.2 mi |
Wiley H. Bates Middle School 701 Chase Street, Annapolis, MD 21401 | 6-8 | 0.8 mi |
Annapolis High School 2700 Riva Road, Annapolis, MD 21401 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Market Quay
Date
Details
Price
Change
Source
8/08/2026
Price Reduced
$3,250,000
-7.12%
MLS
7/10/2026
Price Reduced
$3,499,000
-6.69%
MLS
5/05/2026
Listed
$3,750,000
129.5%
MLS
12/09/2014
Sold
$1,634,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5 Market Quay
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,167
6%
$1,407,333
3%
2023
$19,004
—
$1,365,367
3%
2023
$19,004
2%
$1,323,400
—
2022
$18,647
—
$1,323,400
—
2018
$18,633
-3%
$1,323,400
-3%
2021
$19,207
1%
$1,362,200
1%
2020
$19,061
2%
$1,350,867
1%
2019
$18,633
8%
$1,339,533
1%
2018
$17,333
—
$1,328,200
—
2017
$17,386
—
$1,328,200
—
2016
$17,439
29%
$1,328,200
—
2015
$13,472
—
$1,328,900
—
2014
$13,449
—
$1,328,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5 Market Quay
5 Market Quay, Annapolis, MD 21401 (MLS# MDAA2143742) is a Townhouse property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 5 Market Quay is currently listed for $3,250,000 and was received on May 05, 2026. Want to learn more about 5 Market Quay? Do you have questions about finding other Townhouse real estate for sale in Annapolis? You can browse all Annapolis real estate or contact a Coldwell Banker agent to request more information.

