Check Availability
$12,500,000
● House - For Sale

5 FRANKLIN STREET

ANNAPOLIS, MD 21401
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5,993 Ft²
$65,134
Est. Monthly

About This Property

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!
Unit Size
5,993 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$2,086
Property Type
House
Property Taxes
$3,756
HOA Dues
-
Year Built
1986

Listed By

Bradley Kappel
TTR Sotheby's International Realty
Joseph Bray
TTR Sotheby's International Realty

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Last updated: 15 days ago (Bright MLS #MDAA2143556)

Price History

Date / Event Date Event Price
Apr 30, 2026 Listed by TTR Sotheby's International Realty $12,500,000
Listed by TTR Sotheby's International Realty
Jun 16, 2017 Sold
Sold

Property Highlights

Air Conditioning
Fireplace
Parking Available
Garage
With View
Parking Details
Has Garage
Parking Features: Off Street, Detached, Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 6
Interior Features: Bar, Soaking Tub, Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Pantry, Recessed Lighting, Dry Bar, Walk-In Closet(s), Storage, Window Treatments, Bathroom - Walk-In Shower, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchenette, Primary Bath(s), Sprinkler System, Upgraded Countertops, Wood Floors
Appliances: Double Oven, Ice Maker, Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Gas Oven, Range Hood, Stainless Steel Appliance(s), Washer, Water Heater, Instant Hot Water, Commercial Range, Six Burner Stove
Flooring Type: Hardwood, Stone, Ceramic Tile
Has Fireplace
Fireplace Features: Glass Doors, Stone, Mantel(s)
Fireplaces: 1
Basement: Finished, Connecting Stairway, Outside Entrance, Rear Entrance, Heated, Improved, Windows, Walkout Level
Exterior Details
Square Footage: 5993
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Sprinkler System - Indoor
Property Condition: Excellent
Architectural Style: Craftsman, Coastal
Year Built Source: Assessor
Year Built: 1986
Builder Model: Spa Creek Waterfront
Levels: 3
Other Structures: Above Grade
Construction Materials: Shingle Siding, Stone
Patio and Porch Features: Deck, Porch
Pool Features: In Ground, Salt Water
Pool is Private
Lot Features: Level, Bulkheaded, Landscaping, Poolside, Premium, Rear Yard
Lot Size Area: 21640
Lot Size Units: Square Feet
Lot Size Acres: 0.5
Lot Size Square Feet: 21640
Water Source: Public
Financial Details
Tax Assessed Value: $3,662,800
Tax Annual Amount: $45,076
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Ductless/Mini-Split
Heating Type: Zoned, Forced Air
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,541
  • Garage Type: 4
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 21,640
  • Total Building Area: 1,785
  • Gross Building Area: 1,785
  • Building Area: 1,785
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 3,326
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000497
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: LTS 27 29 HLF LT 25 5 FRANKLIN ST MELVINS PLAN MURRAY HILL

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 706102

Geography

  • Assessors Map Reference: 51F 5 602
  • Account Number: 00002846200
  • District: 06
  • Parcel: 06-000-02846200
  • Block: C
  • Lot: 25
  • Municipality: ANNAPOLIS
  • Latitude: 38.9731
  • Longitude: -76.4976

    Address

  • Full Address: 5 Franklin St
  • Address - House Number: 5
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MD
  • City Name: Annapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 2707
  • Zip Code: 21401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,999,511
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 70
  • Final Value: 645,373
  • High Value: 785,148
  • Low Value: 505,599

    Market Valuation

  • Market Total Value: $3,192,900
  • Market Land Value: $2,653,500
  • Market Improvement Value: $539,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,192,900
  • Assessed Land Value: $2,653,500
  • Assessed Improvements Value: $539,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 2017
  • Current Sale Recording Date: Jun 16, 2017
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 31054-038
  • Previous Sale Recording Date: Apr 29, 2009
  • Previous Sale Contract Date: Apr 13, 2009
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Annapolis


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Frequently Asked Questions

When was property at 5 Franklin Street built and last sold?
The property at 5 Franklin Street was built in 1986 and last sold on Jun 9, 2017 for $3,250,000.
How much is this home worth?
The estimated value of the home located at 5 Franklin Street is $12,625,000.
What are some comparable homes to 5 Franklin Street?
There are currently no comparable homes to 5 Franklin Street.