Start of property details

Share this property:
5 PARK PLACE, Unit 725
Annapolis, MD 21401
7 days ago
REDUCED
$489,000
Active
1
Beds
1
Baths
1
Garage
2007
Yr. Built
MLS# MDAA2140048
Cumulative Days on Market: 180 · Includes prior listings · Currently listed since 03/25/26 · Data provided by the MLS.

Property Description

Motivated Seller! Downtown living at its finest! A Naval Academy family dream location! An open layout combines living and dining areas with a modern kitchen, creating a comfortable, functional main living space that’s ideal for everyday living and easy entertaining. Beautiful hardwood floors, stainless steel appliances, in-unit laundry, and plenty of storage enhance the interior, while large windows bring in abundant natural light, making the space feel bright and inviting. An open layout combines living and dining areas with a modern kitchen, creating a comfortable, functional main living space that’s ideal for everyday living and easy entertaining. Beautiful hardwood floors, stainless steel appliances, in-unit laundry, and plenty of storage enhance the interior, while large windows bring in abundant natural light, making the space feel bright and inviting. Residence at Park Place is near all that Annapolis has to offer. An easy walk to restaurants, city dock, Naval Academy, Main Street, year-round waterfront events, and shopping! Your commute just got easier with direct access to Routes 50 / 97, Baltimore and BWI airport, Fort Meade, and the Eastern Shore! Come see your new home! (furniture negotiable)

Ask a Local Expert

Property Highlights

Property Type
Residential
Property Sub Type
Condominium
Architectural Style
Beaux Arts
Bedrooms
1
Total Bathrooms
1
Living Area
792
Price / Sqft
$617
Year Built
2007
Condition
Excellent
Cumulative Days On Market
175

Location

City/Township
ANNAPOLIS
Subdivision
RESIDENCES AT PARK PLACE
County
ANNE ARUNDEL-MD
Zoning
MX

Property Details

Price
$489,000
Condition
Excellent
Property Type
Residential
Property Sub Type
Condominium
Condominium
Yes

Building

Levels
1

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
1
Full Bathrooms
1
Bedrooms
1
Bedrooms on Main Level
1

Rooms and Basement

Total Rooms
5

Area and Spaces

Living Area
792
Above Grade Finished Area
792 Sqft

Interior Features

Accessibility Features
Level Entry - Main, No Stairs
Entry Level
7

Heating and Cooling

Heating Features
Heat Pump(s)

Building Details

Construction

Architectural Style
Beaux Arts
Year Built
2007
Structure Design Type
Penthouse Unit/Flat/Apartment

Materials

Construction Materials
Concrete

Terms

Terms

Ownership
Condominium
Cumulative Days On Market
175

Taxes

Tax

Tax (Annual)
$7,088

HOA

Association Fee2
813.00 /mo
Association Ammenities
Fitness Center, Meeting Room, Library, Party Room, Pool - Outdoor, Reserved/Assigned Parking, Dog Park, Elevator, Exercise Room
Association Fee Includes
Common Area Maintenance, Gas, Ext Bldg Maint, Management, Parking Fee, Pool(s), Security Gate, Snow Removal

Heating, Cooling & Utilities

Cooling Features
Central A/C

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Capacity
1
Listed by Compass
Listing Data last updated 09/17/2026 08:00 pm
Get a Link to this Property: Copy To Clipboard
QR Code link to this property

Phone:
Connect with:

Payment Calculator

per month. fixed. % interest.
$
%
$
%
Principal & Interest
+ Home Insurance
+ Property Tax
+ HOA Fees
per month
Total interest paid over s will be:
All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 18-Sep-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.

Property History

Today
Property information last updated
7 days ago
Date of last price change
176 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 180 days (includes prior listings) · Currently listed since March 25, 2026. Data provided by the MLS.

5 PARK PLACE, Unit 725 Annapolis, MD 21401 -- MLS# MDAA2140048

Get in touch, we're glad to help.
By submitting this form, your Home Search Service account will be established and you agree to our Terms Of Use and Privacy Policy. You do not need to consent to texts as a condition of buying a property, goods or services. You agree that Bill Hyland, AnnapolisCondos.com, our staff or lenders may contact you about your inquiry by phone or email. You can unsubscribe from emails at any time using the link in any message.