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$698,000

5 Park Pl Unit 515 Annapolis, MD 21401

2 beds
2 full
1,320 sqft
$529 / sqft
Condo

Property details

About 5 Park Pl Unit 515

Welcome to Unit 515 at 5 Park Place, a beautifully appointed 2‑bedroom, 2‑bath condo offering an elegant lifestyle in one of Annapolis’ premier luxury communities. This residence features a bright and open layout with hardwood floors throughout the main living areas, new plush carpet in both bedrooms, and tile flooring in the kitchen and foyer. The living room boasts a built-in entertainment unit with a surround sound system, creating the perfect space for relaxing or entertaining, with access to the large veranda and serene views! There is a formal dining room and a kitchen that is designed for both style and functionality, featuring granite counters, stainless appliances, and ample cabinetry. All areas of this exceptional living space are filled with natural light from large windows and sliding doors. Fresh paint throughout enhances the clean, move-in-ready feel of this home. The primary suite offers a peaceful retreat with generous closet space and a spa-inspired bathroom with a soaking tub and dual vanity. A second well-sized bedroom and full bath provide comfort for guests or a versatile home office. This condo also includes three deeded assigned parking spaces in the secure South Garage—S102, S231, and S232—an incredibly rare and highly sought-after convenience. In addition, it comes with a private deeded storage locker, unit N202, providing even more space for your belongings. ** Park Place offers an unmatched lifestyle with resort-style amenities, including a newly renovated fitness center, party and club rooms, a library with complimentary coffee and tea service, a dog park, a beautifully furnished rear courtyard, an outdoor pool and hot tub, and two outdoor kitchens perfect for gatherings. The building also provides 24/7 front desk concierge service, on-site management and maintenance, and secure access-controlled entrances with live and recorded camera monitoring for peace of mind. Living here also means enjoying exceptional energy efficiency—utilities like gas for heating and cooking and water are INCLUDED in the condo fee. A unique central heating and cooling system reduces electricity consumption, reflecting the community’s commitment to sustainability and cost savings. The location is unbeatable. Situated at the gateway to historic downtown Annapolis, you’re steps from five on-site restaurants, the Varuna Salon & Spa, and just a short stroll to even more dining, boutique shopping, galleries, and the Annapolis waterfront. Residents also enjoy complimentary rides on the Annapolis Circulator Trolley, which stops every 20 minutes and takes you to the City Dock and Main Street. With its prime location, exceptional amenities, and beautifully maintained interior, Unit 515 at 5 Park Place offers the perfect blend of comfort, convenience, and Annapolis charm. Schedule your private tour today and discover why this community is one of the most desirable in the city!

Highlights

Home typeCondominium
HeatingForced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size1,320 sqft
Year built2007
ParkingCovered Parking, Assigned,Secure Parking, Parking Garage
MLS #MDAA2120846
Garage3 spaces

Summary

  • Full Bathrooms: 2
  • Appliances: Microwave, Dishwasher, Dryer, Exhaust Fan, Ice Maker, Oven, Oven, Gas Range, Refrigerator, Stainless Steel Appliances, Washer, Washer/Dryer Stacked, Water Heater
  • Basement: No
  • Flooring Type: Hardwood, Carpet
  • Interior: Bathroom - Soaking Tub, Bathroom - Tub Shower, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Recessed Lighting, Window Treatments, Bathroom - Walk-In Shower
  • Total Bedroom Count: 2
  • Garage Space: 3 spaces
  • Parking: Covered Parking, Assigned,Secure Parking, Parking Garage
  • Exterior: BBQ Grill, Sidewalks
  • Architectural Style: Unit/Flat
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $698,000
  • Price/SqFt: $528
  • Annual Tax Amount: $7,307
  • Tax Year: 2024
  • Directions: From MD-70 S/Rowe Blvd turn right onto Taylor Ave then turn left onto Park Pl. Destination will be on the left.
  • Year Built: 2007
  • Stories: 1
  • Living Area: 1,320 SqFt
  • Municipality: Annapolis
  • MLS Number: MDAA2120846
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Realty Centre
  • Office Phone: (410) 312-0000
  • Office Email: klrw676@kw.com
  • Listing Agent: Jeannette A Westcott
  • Agent Phone: (410) 336-6585
  • Agent Email: jw1homes@kw.com

IDX 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. 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. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 7:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 17, 2008
Home Sold
$540,000

Tax history

YearAssessmentProperty Tax
2024$534,600$7,307
2023$534,600$7,307
2022$534,600$7,532
2021$534,600$6,457
2020$534,600$7,032
2018$464,200$6,256
2017$429,000$5,542

History based on county public records data.

Nearby schools

4

Germantown Elementary School

Public District PK-5

0.7 mi

200 Windell Ave

6

Annapolis Elementary School

Public District PK-5

0.9 mi

180 Green St

9

West Annapolis Elementary School

Public District KG-5

0.9 mi

505 Melvin Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $130,000. Most Annapolis, MD residents have annual incomes between $100k-200k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

8%
<35k
26%
35k-100k
43%
100k-200k
23%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
4%
Single, with Kids
31%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
19%
18-34 yrs old
49%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • SoccerSoccer

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • The Container StoreThe Container Store

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • StarbucksStarbucks

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • AcuraAcura

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Annapolis, MD

Transportation in Annapolis includes a variety of options for residents and visitors. The city's public transit system provides connections to key areas, and the presence of ride-sharing services offers additional flexibility. Annapolis is known for its walkable downtown, while other areas are more car-dependent. Major roads and highways facilitate travel in and out of the city, and ongoing infrastructure projects aim to improve traffic flow and accessibility.

The community benefits from a robust educational system, with a number of public and private schools serving the area, as well as higher education institutions like St. John's College. Annapolis is equipped with several healthcare facilities, offering a range of services from routine care to specialized medical treatments. The city also hosts a public library system that serves as a resource for residents. Retail and dining options are plentiful, with establishments ranging from boutique shops to nationally recognized chains, many of which reflect the local seafood cuisine.

Annapolis is celebrated for its historic charm and maritime heritage. The city prides itself on being the state capital and the home of the United States Naval Academy. Community events such as the Annapolis Boat Shows and the Maryland Seafood Festival showcase the city's connection to the Chesapeake Bay. The area's character is further defined by its walkable downtown area, which features a blend of antique shops, art galleries, and waterfront dining.

Annapolis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from colonial to contemporary, reflecting the city's rich history and modern growth. The housing market is dynamic, with a mix of historic homes and newer developments. While the majority of residents own their homes, a substantial portion of the population opts for rental properties, including apartments and townhouses.

About 5 Park Pl Unit 515

The listing price of 5 Park Pl Unit 515 property is $698,000.

The property 5 Park Pl Unit 515 is a condo located in Annapolis, Maryland, 21401.

Active Listing: 5 Park Pl Unit 515 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5 Park Pl Unit 515 are: Germantown Elementary School (GreatSchools Rating 4/10), Annapolis Elementary School (GreatSchools Rating 6/10), West Annapolis Elementary School (GreatSchools Rating 9/10), Wiley H. Bates Middle School (GreatSchools Rating 5/10), Annapolis Middle School (GreatSchools Rating 2/10), Central Middle School (GreatSchools Rating 8/10), Annapolis High School (GreatSchools Rating 3/10), South River High School (GreatSchools Rating 9/10), Broadneck High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $7,307 (source: MLS/based on county public records data).

The last sale was on September 17, 2008 for $540,000 (source: MLS/tax record).

The property at 5 Park Pl Unit 515 has 2 bedrooms and 2 bathrooms.

The property 5 Park Pl Unit 515 is 1,320 SqFt (source: MLS/tax record).

The year of construction for 5 Park Pl Unit 515 is 2007.

This home is located at 5 Park Pl Unit 515 in Annapolis, MD and zip code 21401. This 1,320 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $698,000.

The inventory of homes for sale in Annapolis, MD between May and June 2025 increased by 63.5%. In June 2025 median list price was $699,900 and the average listing age was 64 days.

From Rocket Homes Real Estate and based on county public records data.

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