
5 FRANKLIN STREET, ANNAPOLIS, MD 21401
MURRAY HILL · ANNE ARUNDEL County
Key Facts
Description
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!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Year Built
1986
Living Area
6,188 sq ft
Lot Size
0.50 acres
Garage Spaces
2
Parking Spaces
6
Zoning
R
Days on Market
43
MLS® Listing#
MDAA2143556
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Pool
Parking
Laundry
Patio
Lot Features
Construction
Foundation
Windows
Security
Other Structures
Sewer
Water Source
Schools
- District:
- ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Financial Details
HOA
None
Annual Taxes
$45,076
Tax year 2026
Assessed Value
$3,662,800
Parcel Number
020600002846200
Directions
Take West St to Church Circle. Turn right onto Franklin St. Home is at the end of the street on the right. Welcome Home!
Affordability Calculator
$2,500,000
Estimated monthly payment
$66,530/mo
Principal $10,000,000 · Est. interest $13,950,890 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in ANNAPOLIS, MD
- $777,273
- Median Listing Price
- 57
- Median Days on Market
- 2,005
- Median Sq Ft
- $381
- Median Price / Sq Ft
- 266
- Active Listings
- This home’s price is 1508% above the area median.
- Its price per sq ft is 430% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in ANNAPOLIS, MD.
Location
Points of Interest in ANNAPOLIS, MD
Showing the ANNAPOLIS area map.
Nearby Schools
Wiley H. Bates Middle
Secondary · 0.4 mi away
St Mary's High School
Secondary · 0.5 mi away
Annapolis Elementary School
Elementary · 0.6 mi away
J Albert Adams Academy
School · 0.6 mi away
Colonial Nursery School
School · 0.7 mi away
Book of Life Academy
School · 0.8 mi away
Calvary Center School
School · 0.8 mi away
Eastport Elementary School
Elementary · 0.8 mi away
Primrose Schools
Elementary · 0.9 mi away
Play and Learn at Annapolis
School · 0.9 mi away
Aleph Bet Jewish Day School
School · 0.9 mi away
St Martin's Lutheran School
School · 1.0 mi away
Studio 39
School · 1.0 mi away
Germantown Elementary School
Elementary · 1.2 mi away
Tyler Heights Elementary School
Elementary · 1.2 mi away
West Annapolis Elementary School
Elementary · 1.2 mi away
Mayo Elementary School
Elementary · 1.3 mi away
Annapolis Middle
Secondary · 1.3 mi away
West Annapolis Elementary
Elementary · 1.3 mi away
Celebree School of Annapolis
School · 1.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2035 MAIDSTONE FARM ROAD, ANNAPOLIS, MD | $8,750,000 | 5 | 7 | 7,105 |
| 3344 HARNESS CREEK ROAD, ANNAPOLIS, MD | $10,850,000 | 4 | 7 | 8,264 |
| 8 SPA VIEW CIRCLE, ANNAPOLIS, MD | $11,500,000 | 5 | 6 | 6,061 |
| 2045 MAIDSTONE FARM ROAD, ANNAPOLIS, MD | $12,950,000 | 6 | 9 | 15,859 |
Moving Cost Estimate
EXIT Agents in ANNAPOLIS
Listing Courtesy: TTR Sotheby's International Realty - 4102805600














