Significant Price Reduction! Experience luxury waterfront living from this stunning, classic, incredibly well maintained colonial located on the Point in The Downs, one of Annapolis most sought-after waterfront communities. Featuring 180 feet of waterfront, unobstructed, elevated and sweeping views of the Severn River, a heated waterside pool, patios and decking, this all-brick 6,000 square foot home located on 1.16 acres is perfect for entertaining. Approved Permits in hand to remove the shared pier and build a dedicated pier for subject property. Seller will credit Buyer $100,000 towards new pier at closing. Three finished, spacious levels of living space, Brazilian walnut floors, custom moldings and four fireplaces. Enjoy the convenience of a first-floor master suite and 4/5 additional bedrooms, as well as a spectacular redesigned sunroom, office and inviting kitchen with stainless steel appliances and granite countertops. Finished walk out lower level with spacious recreation room, bedroom, full bath, workshop/utility room. Recent improvements include replacement of all windows and doors, a tram to the water, two gas furnaces, Sonos sound system, security system and refurbished chimneys.