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Waterfront Residential Income Property
For Sale
$825,000

1 PRESIDENT POINT DRIVE Unit A1, Annapolis, MD 21403

Entry-level condominium with Spa Creek views, two patios, and access to extensive waterfront and recreational amenities.

Property Size923 SF
Days on Market10

Property Features for 1 PRESIDENT POINT DRIVE Unit A1

General Information

Standard status Active
Size 923 SF
Property subtype Unit/Flat/Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $8,332

Amenities

clubhouse
waterfront pool
docks
walking paths
tennis courts
pickleball courts
EV charging stations
kayak and canoe launch
storage racks
hot tub
pet-friendly

Building Details

Building Size 923 SF
Year Built 1975
Listing Agency: TTR Sotheby's International Realty
Listed By: Bradley R Kappel · License #0639620
Source: Bradkappel
Added: Aug 26 Changed: Aug 31 Last Checked: Sep 4 at 1:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TTR Sotheby's International Realty

Investment Insights

Based on property information with market context.

This entry-level condominium at The Point on Spa Creek offers a no-step layout with hardwood floors, a water-oriented living room, and a built-in alcove concealing a Murphy bed. The residence includes one bedroom with water views, a custom closet area, and an ensuite bath with a pocket door that also provides guest access. A stone patio fronts the waterfront, while a second patio extends from the dining room. Architectural details include built-in shelving and a beadboard-accented dining room ceiling.

Community amenities include a waterfront pool and deck with hot tub, clubhouse, deep-water boat slips, two water-taxi locations, tennis and pickleball courts, EV charging stations, and a kayak and canoe launch with storage racks. Residents also have access to ample parking, walking paths, community gatherings, a monthly newsletter, pet-friendly policies, and a dedicated property maintenance supervisor. The property was built in 1975 and is near Eastport and downtown Annapolis.

Key Highlights

  • Waterfront condominium with views across Spa Creek toward Historic Annapolis
  • No‑step entry‑level residence with two patios, including a stone waterfront patio
  • One bedroom with water views, custom built‑in closet area, and ensuite bath

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Auto Parts Store Nursing Home Locksmith Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,993
Businesses Nearby

Demographics for 21403, MD

31,521
Population
15,479
Households
2
Avg Household Size
42
Median Age
58%
College-Educated
91%
High-School Grad
9.3 sq mi
ZIP Area
3,389
Density / Sq Mi
$115,068
Median Household Income
$64,638
Median Earnings
$1,872
Median Rent
$566,900
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Entry-level condominium with Spa Creek views, two patios, and access to extensive waterfront and recreational amenities.
Where is this residential income property located?
The property is located at 1 PRESIDENT POINT DRIVE Unit A1 Annapolis, MD.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Waterfront condominium with views across Spa Creek toward Historic Annapolis; No‑step entry‑level residence with two patios, including a stone waterfront patio; One bedroom with water views, custom built‑in closet area, and ensuite bath
More about this property
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