A rare opportunity on Spa Creek, this fully reimagined Murray Hill residence offers an extraordinary waterfront lifestyle just moments from downtown Annapolis. Completed in late 2023 after a full ground-up rebuild, the home spans 5,900+ sq. ft. of impeccably crafted living space, where natural materials, refined architectural details, and top-tier systems create a seamless blend of comfort and sophistication. Set on just under a half acre of level waterfront, the property showcases one of the most complete private pier systems in the area: a heavily built main pier, two floating docks, and three boat lifts (16,000lb, 8,000lb, and 2,500lb), plus lighting, water, 30/50-amp shore power, Tide Slide moorings, and 6' MLW at the 70' T-head. A charming boathouse and waterside deck capture the magic of Spa Creek from morning to sunset. Outdoor living is exceptional. A stunning 40' x 20' PebbleTec saltwater pool—rebuilt in 2024—anchors a series of Ipe decks and natural stone patios and decks designed for effortless entertaining. The outdoor kitchen with piped natural gas grill, refrigerator, and sink extends gatherings well into the warm months, while covered and uncovered spaces offer year-round enjoyment. The exterior speaks to enduring quality with Carderock stone foundations, mahogany trim and ceilings, Loewen windows, Canadian cedar siding, copper gutters and flashings, and custom mahogany entry doors. A detached heated and cooled two-car garage includes a beautifully finished upper level with kitchenette, laundry, living/sleeping area, and private bath—ideal for guests or an au pair. Inside, the home is defined by warm natural luxury featuring a stunning barrel vaulted mahogany ceiling with cove lighting. Additional curated details include: mahogany doors, black bronze hardware, 5" Cumaru flooring, custom cabinetry, and extensive millwork throughout. The chef’s kitchen features Sub-Zero and Wolf appliances with granite and soapstone surfaces. The main level Primary suite with inspiring view of pool and waterfront provides convenience and options for aging in place. The lower-level recreation spaces provide a relaxed retreat with a private bedroom suite, family room, wet bar, gym and full laundry room. An abundance of thoughtful design is presented throughout the home with multiple wet bars, radiant heated tile floors in five bathrooms and the main-level bar, and four separate laundry areas. Less than half a mile from Church Circle, this residence delivers the rare ability to live on the water while enjoying the full walk-everywhere lifestyle of historic Annapolis. This is Spa Creek living at its finest: sophisticated, effortless, and undeniably special. Welcome Home!
For sale
$12,500,000
5 Franklin St, Annapolis, MD 21401
5beds
5,993sqft
Single Family Residence
Built in 1986
0.5 Acres Lot
$-- Zestimate®
$2,086/sqft
$-- HOA
What's special
Charming boathouseCarderock stone foundationsHeavily built main pierCustom mahogany entry doorsMahogany doorsExtensive millwork throughoutCanadian cedar siding
- 68 days |
- 2,732 |
- 81 |
Zillow last checked:
Listing updated:
Listed by:
Brad Kappel 410-279-9476,
TTR Sotheby's International Realty (410) 280-5600,
Listing Team: Brad Kappel Team, Co-Listing Team: Brad Kappel Team,Co-Listing Agent: Joseph Bray 410-936-8904,
TTR Sotheby's International Realty
Source: Bright MLS,MLS#: MDAA2143556
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Basement
- Area: 195
Heating
- Zoned, Forced Air, Electric
Cooling
- Ceiling Fan(s), Ductless, Central Air, Electric
Appliances
- Included: Double Oven, Ice Maker, Microwave, Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliance(s), Washer, Tankless Water Heater, Instant Hot Water, Gas Water Heater
- Laundry: Lower Level, Main Level, Upper Level
Features
- Bar, Soaking Tub, Bathroom - Walk-In Shower, Breakfast Area, Built-in Features, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Open Floorplan, Eat-in Kitchen, Kitchen - Gourmet, Kitchenette, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wine Storage, 9'+ Ceilings, Cathedral Ceiling(s), Vaulted Ceiling(s), 2 Story Ceilings, Beamed Ceilings, Wood Ceilings
- Flooring: Hardwood, Stone, Ceramic Tile, Wood
- Windows: Window Treatments
- Basement: Connecting Stairway,Exterior Entry,Rear Entrance,Finished,Heated,Improved,Windows,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Glass Doors, Mantel(s), Stone
Interior area
- Total structure area: 6,188
- Total interior livable area: 5,993 sqft
- Finished area above ground: 5,993
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Storage, Garage Faces Side, Garage Door Opener, Oversized, Off Street, Detached
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Deck, Porch
- Exterior features: Extensive Hardscape, Barbecue, Lighting, Rain Gutters, Stone Retaining Walls, Underground Lawn Sprinkler
- Has private pool: Yes
- Pool features: In Ground, Salt Water, Private
- Fencing: Partial
- Has view: Yes
- View description: Water, Creek/Stream, Garden, Scenic Vista
- Has water view: Yes
- Water view: Water,Creek/Stream
- Waterfront features: Creek/Stream, Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
- Frontage length: Water Frontage Ft: 142
Lot
- Size: 0.5 Acres
- Features: Bulkheaded, Landscaped, Level, Poolside, Premium, Rear Yard
Details
- Additional structures: Above Grade, Outbuilding
- Parcel number: 020600002846200
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal,Craftsman
- Property subtype: Single Family Residence
Materials
- Shingle Siding, Stone
- Foundation: Other
Condition
- Excellent
- New construction: No
- Year built: 1986
- Major remodel year: 2023
Details
- Builder model: Spa Creek Waterfront
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Fiber Optic
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Fire Sprinkler System
- Subdivision: Murray Hill
HOA
- Has HOA: No
Location
- Region: Annapolis
- Municipality: Annapolis
Financial & listing details
- Price per square foot: $2,086/sqft
- Tax assessed value: $3,662,800
- Annual tax amount: $45,076
- Date on market: 4/30/2026
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Inclusions: See Documents For Inclusions / Exclusions
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Listed for sale | $12,500,000+284.6%$2,086/sqft |
Source:  Bright MLS #MDAA2143556 Report a problem | ||
| 6/16/2017 | Sold | $3,250,000-7%$542/sqft |
Source: Public Record Report a problem | ||
| 3/14/2017 | Pending sale | $3,495,000$583/sqft |
Source: Keller Williams - Annapolis #AA9746972 Report a problem | ||
| 1/10/2017 | Price change | $3,495,000-10.3%$583/sqft |
Source: Keller Williams - Annapolis #AA9746972 Report a problem | ||
| 10/19/2016 | Price change | $3,895,000-11.5%$650/sqft |
Source: Keller Williams - Annapolis #AA9746972 Report a problem | ||
| 8/23/2016 | Listed for sale | $4,399,900$734/sqft |
Source: Keller Williams Select Realtors #AA9746972 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $45,076 -10.3% | $3,580,833 +2.3% |
| 2024 | $50,279 +9.7% | $3,498,867 +9.6% |
| 2023 | $45,850 +2% | $3,192,900 +0.1% |
| 2022 | $44,959 +0.1% | $3,190,867 +0.1% |
| 2021 | $44,931 0% | $3,188,833 +0.1% |
| 2020 | $44,934 +14.8% | $3,186,800 |
| 2019 | $39,139 +19.2% | $3,186,800 +35% |
| 2018 | $32,841 +29.2% | $2,360,933 +21.2% |
| 2017 | $25,421 | $1,948,000 |
| 2016 | -- | $1,948,000 |
| 2015 | -- | $1,948,000 0% |
| 2014 | -- | $1,948,200 |
| 2013 | -- | $1,948,200 |
| 2012 | -- | $1,948,200 -1.8% |
| 2011 | -- | $1,984,700 +1.7% |
| 2010 | -- | $1,952,482 +1.7% |
| 2009 | -- | $1,920,266 +1.7% |
| 2008 | -- | $1,888,050 |
| 2007 | -- | $1,888,050 |
| 2006 | -- | $1,888,050 0% |
| 2005 | -- | $1,888,800 +22.8% |
| 2004 | -- | $1,538,216 +29.5% |
| 2003 | -- | $1,187,633 +41.9% |
| 2002 | -- | $837,050 +7% |
| 2001 | -- | $782,122 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
Nearby schools
GreatSchools rating
- 5/10Annapolis Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Wiley H. Bates Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Annapolis High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Maryland
- Anne Arundel County
- Annapolis
- 21401
- 5 Franklin St
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