Luxury homes

Just Listed for Sale: Eastport Luxury with Water Views $1.29 Million!

This expanded and renovated stunner at 204 Lockwood Court in the heart of Eastport embodies true Annapolis maritime tradition. Just listed for sale by Jerry Kline, realtor, Keller Williams Flagship of Maryland, the home is a distinctive fusion of the Craftsman & Coastal architectural styles.

This expanded and renovated stunner at 204 Lockwood Court in the heart of Eastport embodies true Annapolis maritime tradition. Just listed for sale by Jerry Kline, realtor, Keller Williams Flagship of Maryland, the home is a distinctive fusion of the Craftsman & Coastal architectural styles.

Imagine for a moment a warm summer’s evening in the bucolic Annapolis maritime community of Eastport. Steps from the town’s Historic District, sleek yachts and sailboats bob in calm water at backyard piers. Friendly neighbors offer a cheerful hello as they walk their pets through quiet streets. A few blocks away, savory steaks and ice-cold cocktails are served on the rooftop dining areas and outdoor patios of top-flight restaurants.

Spa Creek and Lockwood Court in the Annapolis community of Eastport.

Spa Creek and Lockwood Court in the Annapolis community of Eastport.

204 Lockwood Court, recently listed for sale by Jerry Kline of Keller Williams Flagship of Maryland, sits in the middle of it all. This fully & meticulously renovated home in the heart of Eastport is a distinctive fusion of the Craftsman & Coastal architectural styles. The home features a 4-level custom design, multiple views of Spa Creek & Historic Annapolis, and 3,624 square feet of exceptional craftsmanship, materials and details.

Updated and expanded in 2017, the home is perfect for entertaining – or relaxing. Discerning interior features include a wide-open floor plan with reception area, a gourmet kitchen, an inviting family room, an office, and premium millwork, built-ins and hardwood flooring.

The expansive family room of 204 Lockwood Court in Annapolis.

The expansive family room of 204 Lockwood Court in Annapolis.

On the 2nd floor, you'll find a huge owner's suite with luxury bath, two other large bedrooms, a hall bath and a shaded corner lanai/balcony.

The second floor lanai of 204 Lockwood Court.

The second floor lanai of 204 Lockwood Court.

The 3rd floor offers a private oasis -- a unique loft/bedroom suite that features hardwood flooring, arched ceilings, a full bathroom and more water views.

The rear exterior of 204 Lockwood Court.

The rear exterior of 204 Lockwood Court.

Outside, you'll enjoy fresh air, coffee and water views from the lanai. The front and rear porches -- and tastefully manicured yard -- inspire true indoor-outdoor living.

Tucked at the end of a desirable street, the home is a short walk to Eastport shops, restaurants, boat-slip rentals and downtown Annapolis. The property has street access from both the front and rear sides. With the 1-car garage and 2+ car driveway, you'll always have plenty of parking.

This distinctive home is being offered for sale at $1,299,000. Call Jerry Kline today for more information or to schedule a private tour (443-924-7418).





Anne Arundel County $1.5+ Million Luxury Home Sales Rise 41 Percent This Spring

High-End Properties Are Selling Faster Than Last Year, But Competition is Heavy Annapolis luxury homes

Sales of Anne Arundel County luxury properties priced $1.5 million or more have risen dramatically this spring, with more total homes sold and homes selling more quickly than they did in spring 2015.

Owners seeking to sell such properties must have unique, feature-filled homes or be able to offer a great price, however. Otherwise, heavy competition in the county’s luxury home market will easily thwart their efforts to sell.

Year-to-date luxury home sales figures published by Metropolitan Regional Information Systems (MRIS) show that 17 Anne Arundel County luxury homes priced $1.5 million or more sold through May 17 – an increase of 41 percent over the same period last year.

Moreover, these homes sold 20 percent more quickly, on average, than they did last spring. The average number of days on market for the luxury properties sold this year is 161 days, as opposed to 202 days for homes during the same period in spring 2015.

Anne Arundel County’s luxury home sellers should do all they can to sell their homes in the first six months they are on the market. After 180 days, MRIS figures show, the chances of finding a buyer for such homes become very remote.

For example, on May 17 there were 109 Anne Arundel County homes for sale priced $1.5 million or more. Of those properties, thirty-eight had been on the market for nine months or more, and twenty-four had been on the market for a year or more.

In contrast, of the 17 Anne Arundel County $1.5+ million properties sold this year, all but two were on the market six months or less. (The other two properties were on market 452 days and 1,402 days, respectively.)

Through the same period in 2015, 12 luxury homes were sold. Five of those homes had been on the market six months or less.

The main hurdle facing the county’s luxury home sellers is the current overabundance of for-sale luxury inventory. At the current absorption rate of 3.75 sales a month, there is a 29-month supply of county homes priced $1.5 million or more.

As of May 17, there were 21 county properties priced $1.5 million or more that were under contract and headed for closing.

 

Jerry Kline is a Realtor with the Odenton, Maryland, office of Keller Williams Flagship of Maryland (1216 Annapolis Rd., Odenton, MD 21113.) For more information on the local real estate market, contact him at (443) 924-7418, or visit his website (www.JerryKlineRealtor.com) or blog (http://jerryklinerealtor.com/about/jerrys-blog/).