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1486 Downham MarketAnnapolis, MD 21401Price: $2,999,900

  • Price: $2,999,900
  • Est. Mortgage of $/month
  • 116 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 7.11% last updated on Nov 12, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,999,900List Price
  • 5Bedrooms
  • 5Bathrooms
  • 5,260Square Feet
Seller financing available - an exceptional opportunity to own a distinguished Annapolis waterfront estate. Beautifully situated on 1.86 private acres in the prestigious Downs on the Severn, 1486 Downham Market offers a rare combination of protected deep water, gracious living and the extraordinary pleasures of life along the Severn River. With captivating water views, an impressive private pier and more than 5,200 square feet of beautifully appointed living space, this exceptional property offers a lifestyle to be enjoyed for generations. For the discerning boating enthusiast, the waterfront is truly remarkable. Positioned at the mouth of Clements Creek, a naturally protected harbor, the property features an impressive 180-foot private pier with three slips, 50-amp shore power, reinforced pilings ready for lifts, full riparian rights and approximately 11 feet of mean low water. Whether enjoying an afternoon on the Chesapeake Bay, an evening cruise along the Severn or the simple pleasure of having your yacht just steps from home, this setting is nothing short of extraordinary. Inside, walls of glass frame beautiful water views and fill the residence with natural light. Soaring ceilings, rich hardwood floors, elegant finishes and a striking two-sided stone fireplace create an atmosphere of warmth and sophistication. The beautifully appointed gourmet kitchen, featuring commercial-grade appliances, gas cooking and generous gathering spaces, is equally suited for intimate evenings and memorable celebrations. Imagine Thanksgiving overlooking the water, Christmas beside the fireplace and summer evenings entertaining friends on the expansive decks as boats make their way home. Here, every season offers something beautiful to enjoy. The luxurious waterfront primary suite provides a peaceful sanctuary with its own sitting room, fireplace, custom walk-in closet and beautifully appointed spa bath. Generously proportioned additional bedrooms welcome family and guests, while the finished walk-out lower level offers a recreation room, wet bar, wine storage, fitness room, fifth bedroom and full bath. A glass-enclosed sunroom overlooking the water provides another inviting place to relax and appreciate the surroundings. Outdoor living is equally exceptional. Expansive multi-level decks invite elegant entertaining, leisurely dining and quiet mornings overlooking the harbor. Nearly two acres of beautifully landscaped grounds offer privacy and serenity within one of Annapolis' most desirable waterfront communities. Recent improvements, including a new septic system and advanced whole-house water treatment with reverse osmosis and ultraviolet purification, provide additional comfort and peace of mind. Residents of Downs on the Severn enjoy access to two private marinas, a waterfront clubhouse, swimming pool, tennis and pickleball courts, all conveniently located near Historic Annapolis, wonderful restaurants and shopping, and major commuter routes to Baltimore and Washington, D.C. A magnificent deep-water setting, an extraordinary private pier and a beautifully appointed home designed to embrace the waterfront lifestyle. At 1486 Downham Market, the beauty of the Severn River is not simply a view. It is a way of life.
Listed by Wendy T Oliver of Coldwell Banker Realty

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Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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More Info

Location Information

  • Date Listed07/21/2026
  • ZoningRESIDENTIAL
  • UsmAreaAnnapolis

School Information

  • Junior HighBates
  • High SchoolAnnapolis
  • Elementary SchoolRolling Knolls

Location

  • Address1486 Downham Market
  • Area Total5,260
  • SubdivisionThe Downs
  • TownAnnapolis
  • StateMD
  • Zip21401
  • CountyAnne Arundel

Interior

  • FlooringHardwood, Ceramic Tile
  • Appliances Included
    • Central Vacuum
    • Dishwasher
    • Disposal
    • Dryer
    • Exhaust Fan
    • Extra Refrigerator/Freezer
    • Humidifier
    • Icemaker
    • Instant Hot Water
    • Microwave
    • Oven - Double
    • Oven - Self Cleaning
    • Oven/Range - Gas
    • Range Hood
    • Refrigerator
    • Stove
    • Washer
    • Water Conditioner - Owned
    • Water Dispenser
  • Heating YNYes
  • CoolingCentral A/C, Zoned, Programmable Thermostat
  • Basement YNYes

Property Information

  • Lot Size Square Feet81,221
  • Above Grade Finished Area3600
  • Below Grade Area Total1,660
  • Below Grade Finished Area1660

Amenities

  • PoolYes - Community
  • Community Pool FeaturesIn Ground
  • Amenities
    • Common Grounds
    • Marina/Marina Club
    • Picnic Area
    • Pier/Dock
    • Pool - Outdoor
    • Swimming Pool
    • Tennis Courts
    • Tot Lots/Playground
    • Water/Lake Privileges
  • PricePerSqFt833
  • Other Amenities
    • Basement
    • Dock
    • Fireplace
    • Pool
    • Tennis
    • Water View
    • Waterfront

Other

  • Exclusions2 freestanding wine refrigerators in lower level
  • View Count5

Basic Information

  • MLS NumberMDAA2152082
  • Ownership InterestFee Simple
  • List Price$2,999,900
  • Square Feet5,260
  • Acreage1.86
  • Year Built1982
  • MLS Property TypeResidential
  • StatusACT
  • HOA Fee1400.00 / Annually

Property

  • Road ResponsibilityCity/County
  • Road Surface TypeBlack Top
  • Property ConditionVery Good
  • New Construction YNN
  • Lot Description
    • Bulkheaded
    • Cul-de-sac
    • Fishing Available
    • Front Yard
    • Landscaping
    • No Thru Street
    • Premium
    • Private
    • Rear Yard

Exterior

  • RoofArchitectural Shingle, Metal
  • FoundationConcrete Perimeter
  • Window FeaturesSkylights, Storm, Insulated, Wood Frame, Casement
  • Exterior FeaturesBump-outs, Extensive Hardscape, Exterior Lighting, Gutter System, Street Lights

Utilities

  • UtilitiesUnder Ground
  • Water SourceWell
  • SewerSeptic Exists
  • Central Air YNYes
  • Cooling FuelElectric
  • Water HeaterElectric
  • Heating FuelElectric
  • Electric200+ Amp Service
  • Heat SystemForced Air, Zoned
  • Internet ServicesFiber Optic

Water Body

  • Water View YNYes
  • Waterfront FeaturesPrivate Dock Site, Navigable Water
  • WaterfrontYes
  • Water Body TypeRiver
  • Water Body NameClements Creek
  • Water FeaturesBoat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water AccessYes

Tax Information

  • Total Taxes Payment FrequencyAnnually
  • Tax Assessment Amount1930883
  • Tax Year2026
  • Taxes$19,304

Parking

  • Parking TypesOff Street, Driveway, Attached Garage
  • Total Garage And Parking Spaces12

Building

  • Unit Floors3
  • ViewWater
  • Water Oriented YNYes
  • Rooms
    • Bedroom 2
    • Bedroom 3
    • Bedroom 4
    • Bedroom 5
    • Bonus Room
    • Breakfast Room
    • Den
    • Dining Room
    • Exercise Room
    • Family Room
    • Foyer
    • Full Bath
    • Half Bath
    • Kitchen
    • Laundry
    • Living Room
    • Office
    • Primary Bathroom
    • Primary Bedroom
    • Recreation Room
    • Storage Room
    • Sun/Florida Room
    • Utility Room
  • Door FeaturesAtrium, Insulated, Sliding Glass
  • Walls Ceilings9'+ Ceilings, Cathedral Ceilings, Vaulted Ceilings, High
  • Interior FeaturesAdditional Stairway, Bar, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Built-Ins, Ceiling Fan(s), Central Vacuum, Dining Area, Double/Dual Staircase, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Primary Bedroom - Bay Front, Recessed Lighting, Spiral Staircase, Upgraded Countertops, Walk-in Closet(s), Water Treat System, Wine Storage, Wood Floors, Skylight(s)
  • Association Fee$1,400
  • Association Fee FrequencyAnnually
  • Association Fee IncludesCommon Area Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds
  • Association YNYes
  • High School DistrictAnne Arundel County Public Schools
  • LocationTypeRiver
  • Broker NameColdwell Banker Realty
  • Building Number1486
  • DirectionsSherwood Forest Road to Coachway. Right onto Downham Market
  • Distance To Body Of Water UnitsFeet
  • Num Attached Garage Spaces2
  • Lower Levels Total Baths1
  • Lower Level1 Total Baths1
  • Lower Level1 Full Baths1
  • Lower Level1 Bedrooms1
  • Lower Levels Total Bedrooms1
  • Lower Levels Total Full Baths1
  • Main Level Total Baths1
  • Main Level Half Baths1
  • Upper Levels Total Full Baths3
  • Upper Levels Total Bedrooms4
  • Upper Levels Total Baths3
  • Upper Level1 Bedrooms4
  • Upper Level1 Full Baths3
  • Upper Level1 Total Baths3
  • Story ListLower 1, Main, Upper 1
  • Structure Design TypeDetached
  • Construction MaterialsStick Built
  • Property StyleTransitional, Contemporary, Mid-Century Modern
  • Builder NameJohannes-Greco
  • Bedrooms5
  • Basement
    • Connecting Stairway
    • Daylight
    • Full
    • Full
    • Fully Finished
    • Heated
    • Improved
    • Interior Access
    • Outside Entrance
    • Rear Entrance
    • Sump Pump
    • Walkout Level
  • Full Bath4
  • Bathroom5
  • Half Baths1
  • Laundry TypeUpper Floor
  • Levels3
  • Fireplace FeaturesFireplace - Glass Doors, Gas/Propane
  • Fireplace YNYes
  • Fireplace2
  • Garage TypeAdditional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Garage Spaces2
  • GarageYes
  • Patio And Porch FeaturesBalcony, Deck(s), Patio(s)

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated November 13, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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