OFF MARKET

Off market may 2022 for $825K

$966,906

Est. refi paymentEst. refi $5,104/mo

•

2,688

sq ft

338 Martins Cove Rd, Annapolis, MD 21409

About this home

FINALLY, Something available in wonderful Martins Cove Farm! Jog or bike into Downtown Annapolis, 2 Restaurants & Jonas & Catherine Green Park & Maryland WW11 Memorial all within walking or biking distance. Nearby small marinas & the B & A Bike Path. Community walking path engulfs part of the neighborhood, bordering Martins Cove and the Naval Academy Golf Course, large ball field, playground, picnic area, dinghy rack, transient pier & quiet cul-de-sacs. Enjoy neighborhood gatherings or the privacy of your 1.3+ acre lot. This home boasts of new easy care composite siding, trim & new roof all in 2017. Updated spacious kitchen in 2009 w/ new flooring in 2022. New waterline to house in 2012. New AC & new propane furnace, tankless water heater & lines to clothes dryer & Stove are roughed in (2017/18). All rooms are spacious. Lots of closet & storage space, very private lot & more! This is truly a hidden treasure. (some virtually staged rooms) Please call Barb Best with any questions or further information.

Single-familyProperty Type

1986Year Built

1.32 acresLot Size

$360Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Barbara Best • RE/MAX One

•410-224-4400 (broker)

•mdavis@davispalumbo.com (broker)

Bought with Jim Schaecher • Keller Williams Flagship

•410-729-7700 (broker)

Redfin checked: 2 minutes ago

•Source:BRIGHT MLS #MDAA2026326

Redfin Estimate

$966,906

$142K since sold in May 2022$19K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.4% lower than the average sale price ($1.00M) of 5 comparable homes.

SOLD OCT 2, 2026
$875,000
A
4 beds2.5 baths2,542 sq ft
1469 Pleasant Lake Rd, Annapolis, MD 21409
SOLD SEP 4, 2026
$930,000
B
4 beds2.5 baths2,394 sq ft
21 Old Sturbridge Rd, Arnold, MD 21012
SOLD OCT 22, 2026
$685,000
C
4 beds2.5 baths2,786 sq ft
1598 Chocataw Rd, Arnold, MD 21012
SOLD OCT 27, 2026
$1,805,000
D
3 beds3 baths2,834 sq ft
2246 Mulberry Hill Rd, Annapolis, MD 21409
SOLD AUG 25, 2026
$712,000
E
4 beds2.5 baths2,368 sq ft
1917 Cherry Rd, Annapolis, MD 21409

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Earn from this home

Sell

$306,321

Est. take-home

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Refinance

Est. cash available

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Rent

$5,055/mo

Redfin rental estimate

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Market trends in 21409, MD

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.0%

0.1% MoM

Median sale price

$677K

$27K MoM

Avg. days on market

34d

3 days MoM

Recently sold homes

2 MoM

New listings for sale

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FOR SALE BY OWNER
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1184 Green Holly Dr, Annapolis, MD 21409
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76 Old Mill Bottom Rd N #201, Annapolis, MD 21409
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3 beds3 baths3,502 sq ft
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$345,000
3 beds1.5 baths1,200 sq ft
339 Elderwood Ct, Annapolis, MD 21409
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COMING SOON
$550,000
4 beds2.5 baths1,108 sq ft
976 Mount Holly Dr, Annapolis, MD 21409
(410) 255-3690
See all

Provided by Redfin

Sale history for 338 Martins Cove Rd

Year

Property tax

Land + Additions

Assessment*

2026

$9,186 (+1.4%)

2025

$9,056 (+1.5%)

2024

$8,921 (+10.4%)

2023

$8,080 (+16.2%)

$460,300 + $308,500

$768,800

2022

$6,955 (+12.2%)

2021

$6,200 (+0.6%)

2020

$6,162

$257,300 + $294,800

$552,100

2019

$6,168 (−7.7%)

$257,300 + $294,800

$552,100

2018

$6,681 (+2.8%)

$287,300 + $333,800

$621,100

2017

$6,500 (+5.4%)

2016

$6,165 (−1.5%)

$225,300 + $333,400

$558,700

2015

$6,260 (−0.4%)

$225,300 + $333,400

$558,700

2014

$6,282 (+1.1%)

2013

$6,212 (+2.6%)

2012

$6,055 (+3.6%)

2011

$5,846

2010

$5,846 (−15.6%)

2009

$6,929

Tax history for 338 Martins Cove Rd

Year

Property tax

Land + Additions

Assessment*

2026

$9,186 (+1.4%)

2025

$9,056 (+1.5%)

2024

$8,921 (+10.4%)

2023

$8,080 (+16.2%)

$460,300 + $308,500

$768,800

2022

$6,955 (+12.2%)

2021

$6,200 (+0.6%)

2020

$6,162

$257,300 + $294,800

$552,100

2019

$6,168 (−7.7%)

$257,300 + $294,800

$552,100

2018

$6,681 (+2.8%)

$287,300 + $333,800

$621,100

2017

$6,500 (+5.4%)

2016

$6,165 (−1.5%)

$225,300 + $333,400

$558,700

2015

$6,260 (−0.4%)

$225,300 + $333,400

$558,700

2014

$6,282 (+1.1%)

2013

$6,212 (+2.6%)

2012

$6,055 (+3.6%)

2011

$5,846

2010

$5,846 (−15.6%)

2009

$6,929

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

—

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

1.32 Acres

Year renovated

—

Sq. Ft.

2,688

Year built

1986

Style

Single Family Residential

County

Anne Arundel County

APN

03 54390028076

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 7, 2026.

Property details

Parking

Parking Information
# of Attached Garage Spaces: 2
Garage Features: Garage - Side Entry, Garage Door Opener
# of Total Garage and Parking Spaces: 8
Has Garage
# of Garage Spaces: 2
Driveway - # of Spaces: 6
Crushed Stone
Attached Garage, Driveway, Parking Lot

Interior

Bedroom Information
# of Bedrooms On 1st Upper Level: 4

Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 2
# of Bathrooms (Half) On Main Level: 1
# of Bathrooms (Full) On All Upper Levels: 2
# of Bathrooms (Half): 1
# of Bathrooms (Full): 2

Interior Information
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer
Flooring Type: Carpet, Ceramic Tile, Laminate Plank
Interior Features: Breakfast Area, Carpet, Floor Plan - Traditional, Tub Shower, Walk-in Closet(s), Master Bath(s), Upgraded Countertops, Built-Ins, Family Room Off Kitchen, Formal/Separate Dining Room, Window Treatments
Living Area Sq.Ft. Source: Assessor

Room Information
Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Breakfast Room, Bathroom 2, Master Bathroom, Half Bath, Screened Porch
Laundry Type: Main Floor

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Screen, Wood

Basement Information
Basement: Yes
Full, Rear Entrance, Unfinished, Walkout Stairs

Exterior

Property Information
Not Federal Flood Zone
Total Below Grade Sq. Ft.: 1344
Horse: No
Improvement Assessed Value: $308,500
Ownership Interest: Fee Simple
Property Condition: Very Good
Year Built Source: Assessor
Year Major Reno/Remodel: 2017

Building Information
Construction Materials: Frame, HardiPlank Type
Foundation Details: Block
Other Structures: Above Grade, Below Grade
Pets Allowed: Yes
Pet Restrictions: Cats OK, Dogs OK
Structure Type: Detached
Window Features: Bay/Bow
Building Not Winterized

Exterior Information
Exterior Lighting, Other

Lot Information
Lot Features: Backs to Trees, Cul-de-sac, Landscaping, Private
Navigable Water
Tidal Water: No

Land Information
Land Assessed Value: $460,300

Dock Information
Dock Type and Features: Pier
# of Docks: 1

Above Grade Information
Finished Sq.Ft.: 2,688
Finished Sq.Ft. Source: Assessor

Below Grade Information
Unfinished Sq.Ft.: 1,344
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Agricultural Tax Due: No
County Tax: $5,769
Tax Assessed Value: $624,333
Tax Year: 2022
Tax Annual Amount: $6,110

Assessments Information
Year Assessed: 2022

Lease Information
Lease Considered: No

Utilities

Utilities Information
Central Air
Cooling Type: Ceiling Fan(s), Central A/C
Cooling Fuel: Electric
200+ Amp Service
Heat Pump(s)
Heating Fuel: Propane - Leased
Hot Water: Bottled Gas
Sewer Septic: On Site Septic
Electric Available, Propane, Water Available
Water Source: Public
Municipal Trash: Yes

Location

Homeowners Association Information
HOA/Condo/Coop Fee Includes: Pier/Dock Maintenance, Recreation Facility, Common Area Maintenance
HOA/Condo/Coop Amenities: Baseball Field, Common Grounds, Jog/Walk Path, Picnic Area, Pier/Dock, Tot Lots/Playground, Water/Lake Privileges
HOA Fee: $400
HOA Fee Frequency: Annually

School Information
Elementary School: ARNOLD
Middle Or Junior School: SEVERN RIVER
High School: BROADNECK
School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Elementary School Source: 3rd Party
Middle School Source: 3rd Party
High School Source: 3rd Party
School District Source: 3rd Party

Location Information
Outside City Limits
Cross Street: St. Margarets Rd
Directions: St. Margarets Rd to Martins Cove Rd, home on left just before circle.

Waterfrontage Information
Water Access Features: Canoe/Kayak, Private Access
Water Access
Water Oriented
Water Body Type: Creek
Water Body Name: Martins Cove

Community Information
# of Community Docks: 1

Public facts

Beds: —
Baths: 2.5
Sq. Ft.: 2,688
Stories: 2.0
Lot Size: 1.32 acres
Style: Single Family Residential
Year Built: 1986
Year Renovated: —
County: Anne Arundel County
APN: 03 54390028076

Home facts updated by county records on Oct 7, 2026

Around this home

Schools

K - 12
Preschool & daycare

Arnold Elementary School

Public K-5 • Assigned • 2.8mi

10/10

Severn River Middle School

Public 6-8 • Assigned • 4.4mi

10/10

Broadneck High School

Public 9-12 • Assigned • 2.5mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 105° expected this year, 14 days in 30 years

6/10 Wind Factor

68% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Annapolis, MD • 21409

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.

9.3 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$919,000 – $1.11M

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Home values near 338 Martins Cove Rd

Data from public records.

Address	Redfin Estimate
331 Martins Cove Rd, Annapolis, MD 7 Beds \| 5.5 Baths \| 2524 Sq. Ft.	$1,192,084
328 Martins Cove Rd, Annapolis, MD - Beds \| 2.5 Baths \| 3330 Sq. Ft.	$850,813
341 Martins Cove Rd, Annapolis, MD - Beds \| 3.5 Baths \| 2970 Sq. Ft.	$854,338
344 Martins Cove Rd, Annapolis, MD 4 Beds \| 3 Baths \| 3486 Sq. Ft.	$1,123,383
356 Forest Beach Rd, Annapolis, MD 4 Beds \| 3 Baths \| 1554 Sq. Ft.	$619,769
333 Forest Beach Rd, Annapolis, MD - Beds \| 4 Baths \| 3308 Sq. Ft.	$639,742
337 Forest Beach Rd, Annapolis, MD - Beds \| 2 Baths \| 1344 Sq. Ft.	$539,394

Address	Redfin Estimate
333 Martins Cove Rd, Annapolis, MD 4 Beds \| 4.5 Baths \| 5000 Sq. Ft.	$1,246,286
337 Martins Cove Rd, Annapolis, MD - Beds \| 2 Baths \| 3536 Sq. Ft.	$1,040,122
343 Martins Cove Rd, Annapolis, MD 7 Beds \| 5.5 Baths \| 5681 Sq. Ft.	$2,163,134
342 Martins Cove Rd, Annapolis, MD - Beds \| 2.5 Baths \| 2584 Sq. Ft.	$889,993
358 Forest Beach Rd, Annapolis, MD - Beds \| 1 Baths \| 1248 Sq. Ft.	$478,199
346 Forest Beach Rd, Annapolis, MD 4 Beds \| 3.5 Baths \| 3200 Sq. Ft.	$988,636
352 Forest Beach Rd, Annapolis, MD - Beds \| 3.5 Baths \| 2240 Sq. Ft.	$725,255

Address	Redfin Estimate
330 Martins Cove Rd, Annapolis, MD - Beds \| 2 Baths \| 3075 Sq. Ft.	$1,056,129
339 Martins Cove Rd, Annapolis, MD - Beds \| 2.5 Baths \| 1794 Sq. Ft.	$869,208
345 Martins Cove Rd, Annapolis, MD - Beds \| 3.5 Baths \| 3499 Sq. Ft.	$1,033,289
340 Martins Cove Rd, Annapolis, MD 4 Beds \| 3.5 Baths \| 3033 Sq. Ft.	$1,080,272
348 Forest Beach Rd, Annapolis, MD - Beds \| 2 Baths \| 2392 Sq. Ft.	$484,259
344 Forest Beach Rd, Annapolis, MD - Beds \| 1 Baths \| 1760 Sq. Ft.	$511,692
340 Forest Beach Rd, Annapolis, MD 3 Beds \| 2 Baths \| 1313 Sq. Ft.	$572,101

Property information provided by BRIGHT MLS when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 21409, MD

Sale history for 338 Martins Cove Rd

Tax history for 338 Martins Cove Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 21409

Home values near 338 Martins Cove Rd

More real estate resources