Annapolis luxury homes for sale

Annapolis, Maryland Luxury Homes and Community Info.

Much like beauty, the definition of a luxury home depends on the eye of the beholder. To some an Anapolis luxury home is near an ocean or body of water. For others, it’s a state-of-the-art condo in the downtown area of a bustling city. Architecture, superior or exotic materials, outstanding craftsmanship, high-levels of opulence and originality are other qualities of luxury homes while traditional “cookie cutter” homes are typically not considered luxurious. That being said, most realtors and home buyers agree on certain qualifiers for a luxury home.


With easy access to local restaurants, the Chesapeake Bay and shopping, many of the waterfront or waterview properties in Annapolis and the Anne Arundel County area are considered luxurious homes. Surrounded by three bodies of water, Annapolis is well-known for its tranquil waterfront lifestyle. Many of the homes in Annapolis are near parks and vineyards with Colonial architecture prominent in the area. Homes located just a short drive from Annapolis are desirable as well.  


For some, a house with a particular price point is automatically considered luxury.  For others, not so much. Some may think an asking price of $1,000,000 is enough, while others feel that is a jumping off point. The average starting price point for many Annapolis luxury homes is around $950,000 with the maximum price topping out at over $3,000,000. The average sold price for a luxury home is around $1,250,000. Annapolis also has a variety of luxury home rentals available for people looking for a condo, townhome or single-family dwelling to lease.


For many home buyers, the amenities are what truly define a luxury home. Gated driveways, swimming pools, home theaters and even golf courses and basketball courts are just a few of the amenities people look for. Many waterfront homes in Annapolis have immediate and access to the water and nearby marinas.

Price, amenities and location are a just few things to look for when deciding on whether to buy a luxury home. An experienced agent can help you with the home-buying process and can help you make good decisions on what to buy and where.  Read on for some additional tips and items to consider when house-hunting.

Property Tours & Schools

Take several tours of the homes you’re interested in at different times of the day. Notice how the sun hits the house in the morning and evening. Get a feeling of the neighborhood and the people who live nearby. When you consider buying a luxury home, also look into address disclosures and what is required to disclose by the seller. A knowledgeable agent can guide you through the process. Many realtors also suggest researching the schools and school districts surrounding the neighborhood. Good school districts can help maintain the price of the home.

Annapolis, MD
Annapolis, MD


While many people dream of having a house by the sea or on top of a mountain, the commute to work or town each day can make that dream fade. Consider travelling back and to work each day at different times to monitor traffic patterns.  Annapolis is just a short commute to Washington D.C., Baltimore, Northern Virginia, Columbia, Bethesda and other metropolitan areas.



In today’s tough economy, it is recommended that luxury home buyers have their financial documents in order before shopping for homes. Be prepared to show financial statements, W2s and pre-approval letters to your realtor and mortgage broker. Many realtors will not show a luxury home unless the potential buyer is pre-approved and serious about buying a home. Because more money is involved, expect a longer approval and loan process up to 60 days or more. Expect also to put down a larger down payment of 15 to 20 percent on a luxury home as most larger banks will require this amount.

Comparable properties

Once you have found the right house for you, check other houses in the market and compare prices. Good information on how many houses have sold and how long they have been on the market can help you with the buying process and assist with determining the right offering price.

Consider Renting

While many luxury homeowners know what they want, others may want to try renting a luxury home first. Townhouses, condos and single-family homes are just a few of the luxury home rentals available in Annapolis. The rental prices range from $2,800 a month to a maximum $6,000 with very few homes including an option to buy.

These are just a few tips to get you started on your search for the perfect luxury home in Annapolis. With a short drive to Washington, D.C. and Baltimore, you are sure to find a home that fits your needs.

If you are thinking about buying or selling a home, give us a call at (410) 224-4999 or send us an email to explore your options and to find out when is the best time for you to make a move.

Contact Information

Photo of John Collins, Realtor Real Estate
John Collins, Realtor
JohnCollinsGroup of Long & Foster Real Estate, Inc
108 Old Solomons Island Road - U4
Annapolis MD 21401
Office: 410-224-4999
Cell: 410-693-6000
Fax: 410-224-4032 Email: John@JohnCollinsGroup.
John Collins, Realtor
 Office: 410-224-4999 * Cell: 410-693-6000

 John Collins Group of Long & Foster Real Estate, Inc.
108 Old Solomons Island Road, Suite U-4
Annapolis, Maryland 21401
   Office: 410-224-4999 * Cell: 410-693-6000 * Fax: 410-224-4032

We will never sell or divulge your email address to any vendor or other organization.

The finest compliment I can receive is a referral from a friend, client or colleague. If you know of someone thinking of buying or selling real estate, I would appreciate an introduction.  Please be assured I will extend them my highest degree of service and professionalism.
John Collins, Realtor