PRICE REDUCTION 245K! Welcome to 1588 Eaton Way, an extraordinary, waterfront Chesapeake Bay retreat offering the very best of Annapolis living. Located in the highly coveted Downs on the Severn neighborhood, this custom California Deck‑style home spans 7,000+ square feet on 2 private acres with deep‑water access (6+ ft MLW) and stunning views of Clements Creek. Designed as a true waterfront estate, this home blends architectural character, thoughtful modernization, and resort‑style amenities—perfect for boating enthusiasts and those seeking a refined Bay lifestyle. Waterfront features a private dock with 50‑amp power boat lift configured for a 21’ vessel (parts available for jet skis or other boat sizes). Deep‑water slips at dock that are over 8 feet+ mean low. The Polaris utility vehicle conveys for easy waterfront access (and snow plow attachments included). Host all your gatherings at the park like waterfront dock. This home is truly special & unique compared to most other waterfront homes! There have been major improvements in this 6-bedroom waterfront home. There are water views from nearly every room! This home features Hardie Plank siding with vinyl‑wrapped trim in 2024, new roof system in 2021— not just shingles, and four new garage doors & openers. There is a Sub‑Zero refrigerator/freezer installed in 2021, updated dock electrical & lift adjustments, new wood‑burning stove at lower‑level club/bar. The primary suite bath was a complete down‑to‑the‑studs renovation featuring steam shower, deep soaking tub, towel warmer, and Onii toilet/bidet. The Jack‑and‑Jill bath renovated with Jacuzzi tub, rain shower, hand shower, and towel warmer. This home has a beautiful, private layout that combines style & comfort for everyone. The interior highlights are custom architectural design with knotty pine ceilings throughout, two‑sided stacked‑stone wood‑burning fireplace. There is a fully updated kitchen, central vacuum system with outlets throughout home and garages, central audio system with controls indoors and out, and RV‑sized garage with power! The upper garage equipped with hot & cold water plus floor drains—perfect for year‑round vehicle care! Where else can you find that? There have been several updates on the home at 1588 Eaton Way. The kitchen has instant hot water dispenser. The updated outdoor lighting is new. There is restored hardwood flooring throughout home, and new carpeting. The systems in the home have all been meticulously maintained. There are all new skylights and most all of the windows & some doors throughout the home! There is professionally maintained 12‑zone irrigation system for upper and lower lawns and is seasonally serviced. This tranquil Severn River location offers breathtaking water views, abundant wildlife, and easy access to downtown Annapolis, the Chesapeake Bay, and major commuter routes—without sacrificing privacy or serenity. 1588 Eaton Way is a rare opportunity to own a meticulously maintained, deep‑water estate in one of Annapolis’ most prestigious waterfront communities. The Downs on the Severn features two community marinas, an outdoor community swimming pool with swim team, tennis courts, pickle ball, and a clubhouse for year-round socials. There are also tot lots for the little ones, and a little library. The Downs is an easy commute to Baltimore, DC and the beaches. The airport is less than 30-minute drive. This is truly a resort vacation at home in the Downs on the Severn! HOME IS BEING SOLD AS IS. Contact listing agent for details!
Pending
Price cut: $245K (7/15)
$2,950,000
1588 Eaton Way, Annapolis, MD 21401
6beds
6,639sqft
Single Family Residence
Built in 1987
2.05 Acres Lot
$2,797,200 Zestimate®
$444/sqft
$129/mo HOA
What's special
Fully updated kitchenUpdated outdoor lightingAll new skylightsNew carpeting
- 112 days
- 112
- 2
Zillow last checked:
Listing updated:
Listed by:
Jeannie Miller 301-693-8427,
Long & Foster Real Estate, Inc. 410-263-3400
Source: Bright MLS,MLS#: MDAA2140638
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Kitchen, Den, Foyer, Sun/Florida Room, Great Room, Laundry, Recreation Room, Hobby Room, Half Bath
Den
- Level: Main
Den
- Level: Upper
Dining room
- Level: Main
Foyer
- Level: Main
Great room
- Level: Lower
Half bath
- Level: Main
Other
- Level: Lower
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Recreation room
- Level: Lower
Other
- Level: Main
Heating
- Heat Pump, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Microwave, Cooktop, Dishwasher, Dryer, Exhaust Fan, Ice Maker, Double Oven, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Water Treat System, Electric Water Heater
- Laundry: Lower Level, Laundry Room
Features
- Soaking Tub, Bathroom - Walk-In Shower, Breakfast Area, Built-in Features, Cedar Closet(s), Ceiling Fan(s), Central Vacuum, Dining Area, Family Room Off Kitchen, Open Floorplan, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Primary Bedroom - Bay Front, Upgraded Countertops, Walk-In Closet(s), Bar
- Flooring: Carpet, Hardwood, Wood
- Doors: Double Entry, Sliding Glass
- Windows: Energy Efficient, Double Pane Windows, Window Treatments
- Basement: Full,Finished,Garage Access,Heated,Improved,Interior Entry,Exterior Entry,Sump Pump,Windows,Connecting Stairway
- Number of fireplaces: 3
- Fireplace features: Double Sided, Wood Burning, Electric, Wood Burning Stove
Interior area
- Total structure area: 7,785
- Total interior livable area: 6,639 sqft
- Finished area above ground: 5,049
- Finished area below ground: 1,590
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: Garage Door Opener, Garage Faces Side, Garage Faces Front, Inside Entrance, Oversized, Asphalt, Attached, Driveway
- Attached garage spaces: 4
- Uncovered spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Deck, Patio
- Exterior features: Boat Storage, Lighting
- Pool features: Community
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Creek/Stream, Water
- Has water view: Yes
- Water view: Creek/Stream,Water
- Waterfront features: Private Dock Site, Rip-Rap, Creek/Stream, Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed
- Body of water: Clements Creek
- Frontage length: Water Frontage Ft: 205
Lot
- Size: 2.05 Acres
- Features: Cul-De-Sac, Fishing Available, Front Yard, Landscaped, Premium, Rear Yard, Rip-Rapped, SideYard(s), Stream/Creek, Year Round Access
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 020221990020545
- Zoning: R1
- Special conditions: Standard
- Other equipment: Negotiable
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Frame, HardiPlank Type
- Foundation: Brick/Mortar
- Roof: Architectural Shingle
Condition
- Very Good
- New construction: No
- Year built: 1987
- Major remodel year: 2010
Utilities & green energy
- Sewer: On Site Septic
- Water: Private
- Utilities for property: Electricity Available, Propane, Fiber Optic, Cable
Community & HOA
Community
- Features: Pool
- Subdivision: Downs On The Severn
HOA
- Has HOA: Yes
- Amenities included: Boat Dock/Slip, Boat Ramp, Clubhouse, Common Grounds, Community Center, Marina/Marina Club, Picnic Area, Pier/Dock, Pool, Tennis Court(s), Tot Lots/Playground, Water/Lake Privileges
- Services included: Common Area Maintenance, Pier/Dock Maintenance, Pool(s), Recreation Facility
- HOA fee: $1,550 annually
- HOA name: DOWNS PROPERTY OWNERS ASSOCIATION
Location
- Region: Annapolis
Financial & listing details
- Price per square foot: $444/sqft
- Tax assessed value: $2,370,500
- Annual tax amount: $23,609
- Date on market: 5/12/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan
- Inclusions: Polaris, Lower Level Lawn Equipment
- Ownership: Fee Simple
Estimated market value
$2,797,200
$2.66M - $2.94M
$7,479/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2026 | Pending sale | $2,950,000$444/sqft |
Source:  Bright MLS #MDAA2140638 Report a problem | ||
| 7/15/2026 | Listed for sale | $2,950,000-7.7%$444/sqft |
Source: Bright MLS #MDAA2140638 Report a problem | ||
| 7/4/2026 | Contingent | $3,195,000$481/sqft |
Source: Bright MLS #MDAA2140638 Report a problem | ||
| 5/12/2026 | Listed for sale | $3,195,000+128.2%$481/sqft |
Source: Bright MLS #MDAA2140638 Report a problem | ||
| 6/24/2010 | Sold | $1,400,000-44%$211/sqft |
Source: Public Record Report a problem | ||
| 4/3/2009 | Listing removed | $2,500,000$377/sqft |
Source: Listhub #AA6749437 Report a problem | ||
| 2/1/2009 | Price change | $2,500,000-3.8%$377/sqft |
Source: Listhub #AA6749437 Report a problem | ||
| 1/16/2009 | Price change | $2,600,000-3.7%$392/sqft |
Source: Listhub #AA6749437 Report a problem | ||
| 12/7/2008 | Price change | $2,700,000+8%$407/sqft |
Source: Listhub #AA6749437 Report a problem | ||
| 10/19/2008 | Price change | $2,500,000-7.4%$377/sqft |
Source: Listhub #AA6749437 Report a problem | ||
| 9/27/2008 | Price change | $2,700,000-6.9%$407/sqft |
Source: Listhub #AA6749437 Report a problem | ||
| 8/22/2008 | Price change | $2,900,000-19.3%$437/sqft |
Source: Listhub #AA6749437 Report a problem | ||
| 5/25/2008 | Listed for sale | $3,595,000$541/sqft |
Source: Listhub #AA6749437 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,030 -14.4% | $2,128,800 +10.7% |
| 2024 | $21,054 +12.3% | $1,922,767 +12% |
| 2023 | $18,747 +18.7% | $1,716,733 +13.6% |
| 2022 | $15,787 +2.9% | $1,510,700 +2.9% |
| 2021 | $15,335 +2.9% | $1,467,433 +3% |
| 2020 | $14,897 +3% | $1,424,167 +3.1% |
| 2019 | $14,458 +3.3% | $1,380,900 |
| 2018 | $14,002 -0.5% | $1,380,900 |
| 2017 | $14,076 | $1,380,900 -7% |
| 2016 | -- | $1,485,400 |
| 2015 | -- | $1,485,400 |
| 2014 | -- | $1,485,400 -8% |
| 2013 | -- | $1,614,700 |
| 2012 | -- | $1,614,700 |
| 2011 | -- | $1,614,700 -20.6% |
| 2010 | -- | $2,033,730 +2.4% |
| 2009 | -- | $1,986,472 +2.4% |
| 2008 | -- | $1,939,216 +2.5% |
| 2007 | -- | $1,891,960 +16.5% |
| 2006 | -- | $1,624,002 +19.8% |
| 2005 | -- | $1,356,046 +24.6% |
| 2004 | -- | $1,088,090 +5.1% |
| 2003 | -- | $1,034,820 +5.4% |
| 2002 | -- | $981,550 +5.7% |
| 2001 | -- | $928,280 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 21401
Nearby schools
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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