287 State St, Unit 3

$7,950,000
Price
3
Beds
4,702 Sq. Ft.
$1,691 / Sq. Ft.
4,702
Sq. Ft.
$1,691
per Sq. Ft.

Description

Enjoy Luxury Living on Spa Creek. This is the perfect property for those who seek a serene backdrop to an extraordinary life. With exclusivity and serenity, the Penthouse with 2 guest suites at South Annapolis Yacht Centre Residences combines premier waterfront living with spectacular design that is both timeless and modern. Enjoy breathtaking views of Spa Creek, the Annapolis Harbor and the historic skyline of downtown Annapolis from almost every room and the multiple exterior decks. This property...Enjoy Luxury Living on Spa Creek. This is the perfect property for those who seek a serene backdrop to an extraordinary life. With exclusivity and serenity, the Penthouse with 2 guest suites at South Annapolis Yacht Centre Residences combines premier waterfront living with spectacular design that is both timeless and modern. Enjoy breathtaking views of Spa Creek, the Annapolis Harbor and the historic skyline of downtown Annapolis from almost every room and the multiple exterior decks. This property encompasses the stunning Penthouse condo with 3 bedrooms, 2.5 baths and includes 2 guest suites with full baths on the ground level. The guest suites feature waterviews, expansive exterior deck, walls of windows and open floor plans. The suites could be adjoined or used in whatever manner suits your needs. Currently utilized as a gym and a lounge/office space. A balanced combination of clean, modern materials invites natural light to flow through each of the 3 units and the curated finishes are exquisite including polished Cristallo Quartzite slabs in the gourmet kitchen with integrated sink and stunning Waterworks faucet, La Cornue Chateau range with custom hood, marble slabs and vanities in bathrooms, exquisite custom tile, and top of the line Toto toilets just to name a few. The South Annapolis Yacht Centre provides an elegant boutique lifestyle in a marina village setting comprised of 11 Residences and a full-service marina. SAYC is part of the rich Annapolis maritime heritage with 74 new deep water slips (12ft MLW+) to accommodate boats up to 140ft, extensive electrical supply options, waterfront boardwalk, travel lift & direct access to essential marine services. Enjoy the Eastport Lifestyle. Stroll the artful and nautical streets to amenities like; restaurants, pubs and street-end parks. Not to mention you are merely steps away from downtown Annapolis and Naval Academy attractions. Each Residence features waterfront decks & terraces, the perfect outdoor setting for dining al fresco and enjoying glorious sunsets over Spa Creek. Truly an ideal setting for watching the Blue Angels, 4th of July fireworks and the Parade of Lights. Absolutely the best Annapolis has to offer! From this location, you are close to some of the Bay's best cruising and fishing areas. Attractive destinations such as Baltimore's Inner Harbor, St. Michael's, Oxford, and Solomon's Island are only a short cruise away. The historic 18th-century seaport town of Annapolis, Maryland is America's sailing capital. Annapolis offers the perfect balance of small-town charm and big world sophistication. Come home to your Haven! The South Annapolis Yacht Center is located just 5 miles to Rt. 50 and 97 which provides direct access to Baltimore, BWI, Ft. Meade/NSA and Washington, DC. Welcome Home!
  1. Listed by Bradley R Kappel • TTR Sotheby's International Realty
    P: (410)-279-9476 brad.kappel@sothebysrealty.com

Property Details for 287 State Street, Unit 3

Tax ID Number
020680690254787
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
4
Structure Type
Penthouse Unit/Flat/Apartment
Style
Coastal
Levels/Stories
1
LISTING UPDATED: 10/08/2025 11:00 AM

Property Details for 287 State Street, Unit 3

StatusActive
MLS #MDAA2122672
Days on Market140
Taxes$42,357 / year
HOA Fees-
Condo/Co-op Fees$9,101 / quarter
Compass TypeCondo
MLS TypeResidential / Condo
Year Built2021
CountyAnne Arundel County

Location

Listing Courtesy of TTR Sotheby's International Realty
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Building Information for 287 State Street, Unit 3

Building/Complex287 State StFloor-Stories3Residences-Pet Policy-Pet Policy DetailsNo Pet RestrictionsYear Built2021

Payment Calculator

$45,847 per month

30 year fixed, 6.28% Interest

Principal and Interest

$39,284

Property Taxes

$3,530

HOA Dues

$3,034

The Payment Calculator is for illustrative purposes only.

Property Information for 287 State Street, Unit 3

Location
Location
  • In City Limits: Yes
  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140671932
  • SchoolDistrictSource: Listing Agent
  • County: ANNE ARUNDEL
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Tidal Water: Yes
  • Water Body Name: Spa Creek
  • Water Body Type: Creek
  • Water Frontage In Feet: 50.0
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Condo Coop Name: SAYC HOA/Condo Association
  • HOA Condo Coop Fee Includes: Common Area Maintenance
  • HOA Condo Coop Amenities: Common Grounds, Extra Storage
  • Other Fees: $700
  • Other Fees Frequency: Monthly
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $2,947,600
  • Year Assessed: 2025
  • County Tax: $20,604
  • Improvement Assessed Value: $1,473,800
  • City Town Tax: $21,753
  • Land Assessed Value: $1,473,800
  • Clean Green Assessed: No
  • Land Use Code: U
  • Zoning: RESIDENTIAL
  • Tax Lot: 3
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 3
  • # Bathrooms Full Main Level: 2
  • # Bathrooms Half Main Level: 1
All Lower Levels
  • # Bathrooms All Lower Levels: 2
  • # Bathrooms Full All Lower Levels: 2
Lower Level 1
  • # Bathrooms Lower Level: 2
  • # Bathrooms Full Lower Level: 2
Rooms
  • Stories: Lower 1, Main
Building Info
Building Info
  • Builder Name: Pyramid Builders
  • Building Level Count: 4
  • Total Finished SQFT: 4,702.00
  • Total Finished SQFT Source: Estimated
  • Tax Total Finished SQFT: .00
  • Total SQFT: 4,702.00
  • Total SQFT Source: Estimated
  • Elevators Count: 1
  • Construction Materials: Combination
  • Roof: Architectural Shingle
  • Wall and Ceiling Types: 9'+ Ceilings, Beamed Ceilings, Metal Walls
  • Common Walls: No One Above
  • Flooring Type: Hardwood
  • Foundation Details: Other
  • Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Half-Main Level-1, Bathrooms Full-Lower Level 1-1, Bathrooms Full-Lower Level 1-2
  • # Bathrooms Full: 4
  • # Bathrooms Half: 1
  • Other Structure: Above Grade
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Landscaping, Level
  • Parcel ID: 25295321
Parking
Parking
  • Type Of Parking: Detached Garage, Off Street
  • Num of Detached Garage Spaces: 1
  • Total Garage Spaces: 1
  • Off Street - # of Spaces: 2
  • Garage Features: Garage Door Opener, Garage - Rear Entry
Interior Features
Interior Features
  • Interior Features: Bar, Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Elevator, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Window Treatments, Wine Storage, Wood Floors
  • Fireplace: Yes
  • Fireplaces Count: 2
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Marble
  • Appliances: Commercial Range, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Double, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Washer - Front Loading, Water Heater
  • Accessibility Features: 48"+ Halls, Elevator
  • Security Features: Carbon Monoxide Detector(s), Main Entrance Lock, Security System, Sprinkler System - Indoor, Smoke Detector
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Virtual Tour URL Unbranded: https://youtu.be/csOw7PylRU0
Exterior Features
Exterior Features
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Programmable Thermostat
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Internet Services: Fiber Optic
Confidential Data
Listing Office
  • List Agent AOR: Anne Arundel County Association of REALTORS
  • List Agent URL: www.bradkappel.com

Property History for 287 State Street, Unit 3

DateEvent & SourcePriceAppreciation
Aug 7, 2025

Listed (Active)

BRIGHT #MDAA2122672

$7,950,000
DateEvent & SourcePrice
08/07/2025

Listed (Active)

BRIGHT #MDAA2122672

$7,950,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 287 State Street, Unit 3

Taxable ValueLand$1,473,800Additions$1,473,800Total$2,947,600
Tax Record2025$42,239 ($3,520 / month)
Home Facts
Beds0Total Finished SqFt520 SqFtAbove Grade Finished SqFt520 SqFtLot Size4,094 SqFtStyleCondominiumYear Built2022CountyANNE ARUNDELAPN06-806-90254787

Schools near 287 State Street, Unit 3

This home is within Anne Arundel County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 9
Rating
School
Distance
Eastport Elementary School
PublicPK to 5

Annapolis Middle School
Public6 to 8

Annapolis High School
Public9 to 12

Mary Moss at Adams Academy
Public6 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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287 State Street, Unit 3 is a condo for sale in Annapolis, MD 21403. This property was listed for sale on August 7, 2025 by TTR Sotheby's International Realty, it's currently listed at $7,950,000. This listing's school district is Anne Arundel County Public Schools. Nearby schools include Eastport Elementary School, Annapolis Middle School and Annapolis High School. 287 State Street, Unit 3 is a 3-bed, 5-bath, 4,702 sqft condo built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of TTR Sotheby's International Realty

© 2025 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/08/2025 11:00 AM