


48a E Lake Drive, Annapolis, MD 21403
Listing Courtesy of EXP Realty, LLC













































































Welcome home. Perfectly positioned at the end of Market Street, this rare waterfront residence offers an exceptional blend of privacy, design and an impeccable lock and leave lifestyle. Located within an intimate six residence enclave, this fully reimagined contemporary brick townhome captures sweeping views of Spa Creek from every level, delivering a front row experience to Annapolis’ most iconic moments, from the Blue Angels to the holiday lighted boat parade. Completely rebuilt from the studs in the last few years with a refined nautical influence, the home spans four light filled levels, w...
Listing updated: July 12, 2026 at 7:30 PM
Listed by:
Kathleen Moore (443) 623-7887, Engel & Volkers Annapolis
Source: Bright MLS · MLS #MDAA2143742
Est. monthly payment
Down payment
Based on 20% down ($699,800), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.
Rates provided by Mable Loans.
| Date | Event | Price |
|---|---|---|
| Jul 10, 2026 | Price reduced | $3,499,000(−$251,000) |
| May 5, 2026 | Listed for sale | $3,750,000 |
| Dec 9, 2014 | Sold | $1,634,000 |
5 Market Quay, Annapolis, MD 21401
Est. monthly payment
at 20% down · $3,499,000 list
Tour for free, no strings attached
Mable Loans · Equal Housing Lender
NMLS #1949497
Similar homes sold within 0.5 miles in the last 90 days.

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4 President Point Drive #c
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1109 Boucher Avenue
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$1.35M
Sold Jul 2, 2026 · Listed $1.34M
This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
$22,056/mo
Est. · $3,499,000 list

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. 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. 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. Data last updated: 7/17/2026.