See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

278 Hillsmere Dr, Annapolis, MD, 21403

4beds
3baths
2,156sqft
$845,000
$392price/sqft
$5,564/moest. monthly cost
$222,560/yrincome needed

About This Home

Location, location, location. Don't miss out on this one, make it your next home. Located in desirable Hillsmere Shores! Looks can be deceiving, must see inside to appreciate the open, airy and light filled space. Highly motivated sellers! Bring all reasonable offers! This home is located in the highly desirable Hillsmere Shores community, offering a private beach, community pool, marina, and multiple launch areas for boats, kayaks, canoes, and paddleboards — the perfect setting for anyone who loves life on the water. The home features four spacious bedrooms and three full baths, all set within an open, airy floor plan designed to capture natural light and create an inviting sense of space. A generously sized kitchen serves as the heart of the home, offering abundant prep areas, modern appliances, and effortless flow into the main living spaces. The living room is anchored by a refined propane fireplace, adding warmth and ambiance throughout the seasons. The lower-level functions as an extension of the home, complete with a private bedroom and full bath—ideal for guests or multigenerational living. A sprawling great room provides endless possibilities for entertaining or relaxation, while a dedicated laundry space and two additional flex rooms offer versatility for a home gym, office, studio, or hobby space. Customizable space based on what works for you and your lifestyle. Sitting on a generous lot, the property backs directly to Quiet Waters Park and includes a private path for easy access and all the park has to offer...hiking trails, a playground, dog park, outdoor summer concerts and several other fun events throughout the year. The fully fenced backyard is designed for entertaining, complete with a bar area and firepit for evenings outdoors. The detached garage/barn provides endless possibilities — workshop, studio, storage, or more. A massive, fully covered deck spans the back of the home, creating an ideal space for crab feasts, cookouts, or simply relaxing and enjoying the peaceful surroundings. This home is truly a must‑see. Looks can be deceiving — it is far more spacious than it appears from the outside, offering room to spread out and enjoy every part of the property and its incredible location.

Getting Around

68
WalkingSomewhat Walkable
27
TransitSome Transit
75
BikeVery Bikeable

Schools

9/10
4/10
Annapolis Middle SchoolGrades 6-81.3 mi
5/10
Annapolis High SchoolGrades 9-124.3 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1964

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch/Rambler
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Exhaust Fan,Microwave,Oven/Range - Electric,Range Hood,Refrigerator,Stainless Steel Appliance(s),Washer,Water Conditioner - Owned,Water Treat System,Electric Water Heater
  • Laundry features: Lower Level

Basement

  • Area: 1250

Basement

  • Has basement: Yes
  • Basement: Full,Connecting Stairway,Heated,Exterior Entry,Partially Finished,Rear Entrance,Walk-Out Access,Windows

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Ceiling Fan(s),Combination Dining/Living,Eat-in Kitchen,Kitchen Island,Kitchen - Table Space
  • Window features: Bay/Bow
  • Number of fireplaces: 1
  • Fireplace features: Gas/Propane
  • Fireplace: Yes
  • Finished area below ground: 650
  • Finished area above ground: 1,506

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Electric
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 2,756
  • Total interior livable area: 2,156 sqft

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 020241212459925
  • Zoning: R2
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community
  • Patio & porch: Porch
  • Exterior features: Private Beach,Balcony
  • Fencing: Full
  • Has view: Yes
  • View description: Trees/Woods
  • Waterfront features: Canoe/Kayak,Private Access,River
  • Waterbody name: South River

Lot

  • Lot size: 0.29 Acres
  • Features: Backs - Parkland,Backs to Trees,Rear Yard

Parking

  • Total spaces: 10
  • Parking features: Garage Faces Front,Storage,Oversized,Asphalt,Detached,Driveway,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,272$51,264
Home Insurance *$201$2,412
Property Taxes $810$9,720
Electricity $281$3,374
Total$5,564$66,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$190,765/yr
40% on housing$166,920/yr
45% on housing$148,373/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$392This listing

vs Other Active Listings

Avg $/sqft

ZIP 21403$327
Anne Arundel County$250

vs Homes Sold Last Month

Median $/sqft

ZIP 21403$339
Anne Arundel County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-05Price change$799,000
2026-07-09Price change$845,000
2026-07-01Listed for sale$935,000
2015-01-01Sold$390,000
2012-08-07Sold$330,000
2010-07-03Listing removed$360,000
2009-10-07Price change$360,000
2009-08-15Price change$374,999
2009-07-04Listed for sale$378,500
2007-02-16Sold$390,000
2006-11-22Sold$390,000

For Sale by Agent

AgentThomas Eicher
BrokerageColdwell Banker Realty

Similar Homes