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    • $3,250,000

    1486 Downham Market, Annapolis, MD 21401

    5beds
    5,260sqft
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    Single Family Residence
    Built in 1982
    1.86 Acres Lot
    $3,068,900 Zestimate®
    $618/sqft
    $117/mo HOA

    What's special

    Transitional designWalkout lower levelRec roomWine storageCommercial-grade appliancesDeep-water estateCustom walk-in closet
    1486 Downham Market is the ultimate Annapolis deep-water estate—designed for those who demand luxury, security, and boating excellence. Perfectly positioned at the mouth of Clements Creek—one of the safest hurricane holes on the Severn River—this home pairs architectural brilliance with one of the region’s most coveted waterfront settings. A commanding 180’ pier with three boat slips, 50-amp power, and 11’ MLW welcomes yachts and sport boats alike—Hinckley, Viking, Boston Whaler, Pursuit, or Chris-Craft—this property can handle them all. Reinforced pilings are ready for lifts, making this a boater’s dream with full riparian rights. From here, you’ll be on the Severn and Chesapeake Bay in minutes. Inside, walls of glass frame sweeping water views from nearly every room. Across three levels, the transitional design blends clean lines with warmth: hardwood floors, designer lighting, and soaring ceilings. The chef’s kitchen is fully outfitted with commercial-grade appliances, granite counters, and gas cooking, flowing into multiple living and dining areas anchored by a dramatic two-sided stone fireplace. The primary suite is a true retreat—private sitting room and fireplace, a spa bath with skylight, soaking tub, glass shower, and custom walk-in closet. Additional ensuite and Jack-and-Jill bedrooms provide comfort and privacy for family or guests. The walkout lower level is built for entertaining with a rec room, wet bar, wine storage, gym, fifth bedroom, full bath, and a glass-wrapped sunroom ready for a hot tub retreat. Outdoor living is extraordinary: multi-level decks, panoramic views, and serene waters that stretch toward the Severn and Bay. A brand-new septic system and advanced water treatment with reverse osmosis and UV protection offer peace of mind. Set in the prestigious Downs on the Severn, residents enjoy two marinas, clubhouse, pool, tennis and pickleball, and a close-in location to Annapolis, D.C., and Baltimore. Waterfront estates of this caliber almost never hit the market. 1486 Downham Market is ready now—bring your yacht, bring your lifestyle, and claim your place on the Severn.
    361 days
    |
    895
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Wendy Oliver 443-336-5091,

    Coldwell Banker Realty 4102638686,

    Co-Listing Agent: Catherine Marucci 443-883-1609,

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: MDAA2119714MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Den, Foyer, Breakfast Room, Sun/Florida Room, Exercise Room, Laundry, Office, Recreation Room, Storage Room, Utility Room, Bonus Room, Primary Bathroom, Full Bath, Half Bath
      Primary bedroom
      • Features: Attached Bathroom, Cathedral/Vaulted Ceiling, Ceiling Fan(s), Fireplace - Gas, Flooring - HardWood, Recessed Lighting, Primary Bedroom - Dressing Area, Primary Bedroom - Sitting Area, Walk-In Closet(s)
      • Level: Upper
      Bedroom 2
      • Features: Attached Bathroom, Flooring - HardWood
      • Level: Upper
      Bedroom 3
      • Features: Flooring - HardWood, Attached Bathroom
      • Level: Upper
      Bedroom 4
      • Features: Flooring - HardWood, Attached Bathroom
      • Level: Upper
      Bedroom 5
      • Features: Flooring - Carpet
      • Level: Lower
      Primary bathroom
      • Features: Attached Bathroom, Soaking Tub, Bathroom - Walk-In Shower, Countertop(s) - Quartz, Double Sink, Flooring - Ceramic Tile
      • Level: Upper
      Bonus room
      • Level: Lower
      Breakfast room
      • Features: Flooring - HardWood
      • Level: Main
      Den
      • Features: Flooring - HardWood, Built-in Features
      • Level: Main
      Dining room
      • Features: Flooring - HardWood
      • Level: Main
      Exercise room
      • Features: Flooring - Laminate Plank
      • Level: Lower
      Family room
      • Features: Flooring - HardWood, Fireplace - Gas
      • Level: Main
      Foyer
      • Features: Flooring - Ceramic Tile
      • Level: Main
      Other
      • Features: Bathroom - Tub Shower, Flooring - Ceramic Tile, Attached Bathroom
      • Level: Upper
      Other
      • Features: Attached Bathroom, Jack and Jill Bathroom, Flooring - Ceramic Tile, Soaking Tub, Bathroom - Stall Shower
      • Level: Upper
      Other
      • Features: Bathroom - Tub Shower, Flooring - Ceramic Tile
      • Level: Lower
      Half bath
      • Features: Flooring - Ceramic Tile
      • Level: Main
      Kitchen
      • Features: Breakfast Room, Granite Counters, Flooring - HardWood, Kitchen Island, Kitchen - Country, Eat-in Kitchen, Kitchen - Gas Cooking, Recessed Lighting, Lighting - Pendants
      • Level: Main
      Laundry
      • Level: Upper
      Living room
      • Features: Flooring - HardWood, Fireplace - Gas
      • Level: Main
      Office
      • Features: Flooring - HardWood
      • Level: Main
      Recreation room
      • Features: Flooring - Carpet, Recessed Lighting, Wet Bar
      • Level: Lower
      Storage room
      • Level: Lower
      Other
      • Features: Flooring - Solid Hardwood
      • Level: Lower
      Utility room
      • Level: Lower
      Heating
      • Forced Air, Zoned, Electric
      Cooling
      • Central Air, Zoned, Programmable Thermostat, Electric
      Appliances
      • Included: Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Humidifier, Ice Maker, Instant Hot Water, Microwave, Double Oven, Self Cleaning Oven, Oven/Range - Gas, Range Hood, Refrigerator, Cooktop, Washer, Water Conditioner - Owned, Water Dispenser, Water Treat System, Electric Water Heater
      • Laundry: Upper Level, Laundry Room
      Features
      • Additional Stairway, Bar, Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Built-in Features, Ceiling Fan(s), Central Vacuum, Dining Area, Double/Dual Staircase, Family Room Off Kitchen, Open Floorplan, Formal/Separate Dining Room, Kitchen - Country, Eat-in Kitchen, Kitchen - Gourmet, Kitchen Island, Kitchen - Table Space, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Spiral Staircase, Upgraded Countertops, Walk-In Closet(s), Wine Storage, 9'+ Ceilings, Cathedral Ceiling(s), Vaulted Ceiling(s), High Ceilings
      • Flooring: Hardwood, Ceramic Tile, Wood
      • Windows: Skylight(s), Storm Window(s), Insulated Windows, Wood Frames, Casement
      • Basement: Connecting Stairway,Full,Finished,Heated,Improved,Interior Entry,Exterior Entry,Rear Entrance,Sump Pump,Walk-Out Access
      • Number of fireplaces: 2
      • Fireplace features: Glass Doors, Gas/Propane
      Interior area
      • Total structure area: 5,260
      • Total interior livable area: 5,260 sqft
      • Finished area above ground: 3,600
      • Finished area below ground: 1,660
      Video & virtual tour

      Property

      Parking
      • Total spaces: 12
      • Parking features: Storage, Garage Faces Front, Garage Door Opener, Inside Entrance, Oversized, Off Street, Driveway, Attached
      • Attached garage spaces: 2
      • Uncovered spaces: 10
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Patio & porch: Deck, Patio
      • Exterior features: Bump-outs, Extensive Hardscape, Lighting, Rain Gutters, Street Lights, Balcony
      • Pool features: Community
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Private Dock Site, River, Swimming Allowed, Private Access, Boat - Powered, Fishing Allowed, Canoe/Kayak, Sail, Personal Watercraft (PWC), Waterski/Wakeboard
      • Body of water: Clements Creek
      • Frontage length: Water Frontage Ft: 145
      Lot
      • Size: 1.86 Acres
      • Features: Bulkheaded, Cul-De-Sac, Fishing Available, Front Yard, Landscaped, No Thru Street, Premium, Private, Rear Yard
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 020221990020578
      • Zoning: R1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Transitional,Contemporary,Mid-Century Modern
      • Property subtype: Single Family Residence
      Materials
      • Stick Built
      • Foundation: Concrete Perimeter
      • Roof: Architectural Shingle,Metal
      Condition
      • Very Good
      • New construction: No
      • Year built: 1982
      • Major remodel year: 2020
      Details
      • Builder name: Johannes-Greco

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Septic Exists
      • Water: Well
      • Utilities for property: Underground Utilities, Fiber Optic

      Community & HOA

      Community
      • Features: Pool
      • Subdivision: The Downs
      HOA
      • Has HOA: Yes
      • Amenities included: Common Grounds, Marina/Marina Club, Picnic Area, Pier/Dock, Pool, Tennis Court(s), Tot Lots/Playground, Water/Lake Privileges
      • Services included: Common Area Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds
      • HOA fee: $1,400 annually
      • HOA name: DOWNS PROPERTY OWNERS ASSOCIATION
      Location
      • Region: Annapolis

      Financial & listing details

      • Price per square foot: $618/sqft
      • Tax assessed value: $1,733,500
      • Annual tax amount: $17,914
      • Date on market: 7/16/2025
      • Listing agreement: Exclusive Right To Sell
      • Exclusions: 2 Freestanding Wine Refrigerators In Lower Level
      • Ownership: Fee Simple
      • Road surface type: Black Top

        Estimated market value

        $3,068,900

        $2.92M - $3.22M

        $6,540/mo

        Price history

        DateEventPrice
        7/16/2025Listed for sale$3,250,000-7.1%$618/sqft
        Source: Bright MLS #MDAA2119714 Report a problem
        6/11/2025Listing removed$3,500,000$665/sqft
        Source: Bright MLS #MDAA2105838 Report a problem
        3/13/2025Listed for sale$3,500,000+6.1%$665/sqft
        Source: Bright MLS #MDAA2105838 Report a problem
        9/4/2024Listing removed$3,299,000$627/sqft
        Source: Bright MLS #MDAA2075692 Report a problem
        5/30/2024Listed for sale$3,299,000-5.6%$627/sqft
        Source: Bright MLS #MDAA2075692 Report a problem
        5/9/2024Listing removed--
        Source: Bright MLS #MDAA2075692 Report a problem
        4/22/2024Price change$3,495,000-0.1%$664/sqft
        Source: Bright MLS #MDAA2075692 Report a problem
        1/12/2024Listed for sale$3,499,000+174.4%$665/sqft
        Source: Bright MLS #MDAA2075692 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        11/10/2014Sold$1,275,000$242/sqft
        Source: Public Record Report a problem
        4/8/2014Listing removed$715
        Source: Owner Report a problem
        3/6/2014Listed for rent$715
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$16,385 -6.6%$1,733,500 +8.3%
        2024$17,534 +9.3%$1,601,233 +9%
        2023$16,041 +14.8%$1,468,967 +9.9%
        2022$13,969 +2.7%$1,336,700 +2.7%
        2021$13,599 +2.7%$1,301,333 +2.8%
        2020$13,242 +2.8%$1,265,967 +2.9%
        2019$12,884 +3.3%$1,230,600
        2018$12,478 -0.5%$1,230,600
        2017$12,544 $1,230,600 -5.3%
        2016-- $1,299,600 +4.7%
        2015-- $1,241,267 +4.9%
        2014-- $1,182,933 +5.2%
        2013-- $1,124,600
        2012-- $1,124,600
        2011-- $1,124,600 -24.9%
        2010-- $1,497,680
        2009-- $1,497,680
        2008-- $1,497,680 -2.7%
        2007-- $1,539,360 +19.2%
        2006-- $1,291,240 +23.8%
        2005-- $1,043,120 +31.2%
        2004-- $795,000 +5.8%
        2003-- $751,486 +6.1%
        2002-- $707,973 +6.5%
        2001-- $664,460
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 21401

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        3 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rolling Knolls
        • Middle: Bates
        • High: Annapolis
        • District: Anne Arundel County Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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