308 Forbes St #L

Annapolis, MD 21401

Sold For
$335,000

Property Highlights

  • 1 Bed Annapolis Condo
  • Assigned Parking Conveys
  • Pool Access Included
  • Pier Dock Maintenance
  • Water Utility Included
  • Established 1974 Community
MLS ID
MDAA2035138
Parking
Assigned Parking, Parking Space Conveys
Year Built
1974
HOA Fee

Property Details

Sold Price: $335,000

1 Bed

1 Bath

536 Sq Ft

Assigned Parking, Parking Space Conveys

Year Built: 1974

Sold Price: $335,000

1 Bed

1 Bath

536 Sq Ft

Parking: Assigned Parking, Parking Space Conveys

Year Built: 1974

Executive Summary

308 Forbes Street, Unit L is a one-bedroom, one-bath residence in a well-established Annapolis condominium community built in 1974. At 536 square feet, the layout is efficient and purposeful. An assigned parking space conveys with the sale. The HOA covers an unusually broad range of expenses, including water, pool access, pier and dock maintenance, exterior building maintenance, lawn care, snow removal, and reserve funds, offering a predictable cost structure for the owner.

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308 Forbes St #L, Annapolis, MD

Annapolis Condo with Full-Service HOA and Assigned Parking

308 Forbes Street, Unit L is a one-bedroom residence in an established Annapolis condominium community, priced at $335,000. The 536-square-foot layout makes efficient use of its footprint, and an assigned parking space conveys with the sale.

The HOA structure here is notably comprehensive. Water, pool access, pier and dock maintenance, exterior building upkeep, lawn care, road maintenance, snow removal, and reserve fund contributions are all included, reducing the variables in monthly cost of ownership.

The Forbes Street location places the residence within reach of downtown Annapolis, the City Dock waterfront, and the retail and dining corridors along West Street and Riva Road. The community’s pier and dock maintenance benefit reflects the broader waterfront character of this part of Anne Arundel County.

For buyers evaluating Annapolis condominiums, this residence offers a clear value proposition: a manageable price point, a low-maintenance ownership structure, and proximity to the amenities that define life in one of Maryland’s most historically significant cities.

The Residence
Unit L at 308 Forbes Street is a one-bedroom, one-bath condo spanning 536 square feet. Built in 1974, the building is part of an established community with an assigned parking space included in the sale. The residence is priced at $335,000.
HOA Coverage
The monthly HOA fee covers a broad range of expenses: water, pool access, pier and dock maintenance, exterior building maintenance, lawn care, road maintenance, snow removal, insurance, and reserve fund contributions. This structure simplifies budgeting and reduces out-of-pocket ownership variables.
Location Context
The Forbes Street address sits within the broader Annapolis market, offering proximity to the City Dock waterfront, the historic district, and the commercial corridors that serve daily needs. The inclusion of pier and dock maintenance in the HOA reflects the waterfront orientation of the surrounding area.
Buyer Perspective
For buyers seeking an entry point into the Annapolis condo market, this residence combines a competitive price with a full-service HOA and an assigned parking space. The low-maintenance ownership profile makes it a practical choice for those prioritizing predictable monthly costs.

At a Glance

  • 1 Bedroom / 1 Bath
  • 536 Square Feet
  • Built 1974
  • Assigned Parking Conveys
  • Pool Access via HOA
  • Pier and Dock Maintenance Included
  • Water Included in HOA
  • Priced at $335,000
Reach out for details
Information believed accurate but not guaranteed. Buyers should independently verify all material facts including HOA fees and inclusions.
Property Features

Efficient Layout with a Full-Service HOA

Unit L at 308 Forbes Street offers a one-bedroom, one-bath configuration in 536 square feet, with an assigned parking space and one of the more comprehensive HOA packages available at this price point in the Annapolis condo market.

Interior

  • 536 square feet of single-level living
  • 1 bedroom / 1 full bath configuration
  • Built 1974 with established community infrastructure
  • Assigned parking space conveys with sale

Kitchen

  • Kitchen details not specified in available data
  • Layout supports efficient use of the 536-square-foot footprint

Primary Suite

  • One-bedroom layout with one full bath
  • Suite details not specified in available data

Community Amenities

  • Pool access included through HOA
  • Pier and dock maintenance covered by HOA
  • Lawn maintenance and road maintenance included
  • Snow removal managed by HOA

What Sets This Apart

  • HOA covers water, pool, pier and dock, and exterior maintenance in one fee
  • Assigned parking conveys, a practical asset in downtown-adjacent Annapolis
  • Entry-level price point in a historically significant Maryland city
  • Established 1974 community with reserve fund contributions built into HOA
  • Waterfront-adjacent lifestyle with low-maintenance ownership structure
Discuss this residence
Information believed accurate but not guaranteed; buyers should independently verify all HOA fees, inclusions, and material facts.

Neighborhood & Lifestyle

Life Within Reach

A snapshot of everyday conveniences, destinations and experiences just moments from your door.   

Neighborhood & Lifestyle

Life Within Reach

A snapshot of everyday conveniences, destinations and experiences just moments from your door.   

Getting Around
  • Annapolis is a drive-oriented city with no MARC or Metro rail service
  • Route 50 and Route 2 provide primary highway access to the Baltimore-Washington corridor
  • Anne Arundel County transit buses serve select routes within the city
  • Baltimore-Washington International Airport is accessible via Route 50 and I-97
  • Washington DC is approximately 30 miles west via Route 50
Dining and Coffee
  • Downtown Annapolis and the City Dock area offer a concentrated dining and cafe scene
  • West Street corridor includes independent restaurants and neighborhood bars
  • Farmers markets and seasonal food events are part of the local calendar
  • Local cafes and coffee shops are accessible within the broader Annapolis area
Groceries and Retail
  • Grocery options are available along the Riva Road and Forest Drive corridors
  • Pharmacies and medical offices are distributed throughout the Annapolis market
  • Retail centers serving daily needs are accessible by car from the Forbes Street location
Parks and Recreation
  • Annapolis City Dock and the waterfront provide public outdoor access
  • Seasonal boating and water recreation are central to life in this area
  • Community pool access is included through the HOA
  • Parks and green space are distributed throughout the city and surrounding county

Property Location

About 308 Forbes St #L

308 Forbes Street, Unit L is a one-bedroom, one-bath condominium residence spanning 536 square feet in an Annapolis community established in 1974. The layout is compact and functional, suited to efficient single-level living. An assigned parking space conveys with the sale, a practical asset in a city where parking availability varies by block.

The Forbes Street address places the residence within the broader Annapolis market, a city defined by its historic waterfront, colonial-era architecture, and active civic life. Downtown Annapolis and the City Dock area are accessible from this location, as are the retail and dining options along West Street and the surrounding corridors. The community’s HOA coverage of pier and dock maintenance reflects the waterfront character that distinguishes this part of Anne Arundel County.

Ownership here is structured for low maintenance. Water, pool access, exterior building upkeep, lawn care, snow removal, road maintenance, and reserve fund contributions are all managed through the HOA, leaving the owner to focus on the city rather than the property. Annapolis offers a walkable historic district, a working waterfront, local dining, and seasonal events that give the area a distinct rhythm throughout the year.

A Wardman team member and the Wardman Residential team at Compass have worked with buyers and sellers across the Annapolis and Anne Arundel County condo market, including entry-level and waterfront-adjacent properties like this one. We understand the nuances of HOA-heavy ownership structures and how to evaluate true cost of ownership when comparing Annapolis condominiums. If you are considering a residence in this market, reach out and we would be glad to share recent comparable sales and our perspective on the current submarket.

Frequently Asked Questions About This Property

Key details about the residence, building, and location to help you evaluate this opportunity.

The HOA covers a broad range of expenses including water, pool access, pier and dock maintenance, exterior building maintenance, lawn care, road maintenance, snow removal, insurance, and reserve fund contributions. Buyers should confirm the current monthly fee amount directly with the HOA or management company prior to closing.
Yes, an assigned parking space conveys with the sale of Unit L. In Annapolis, where street parking in and around the historic district can be limited, a deeded or assigned space is a meaningful practical asset for the owner.
The residence is 536 square feet and configured as a one-bedroom, one-bath unit. The layout is compact and efficient, designed for single-level living within a well-established condominium building constructed in 1974.
The Forbes Street address is located within the broader Annapolis area and provides reasonable access to the downtown historic district and City Dock waterfront. Buyers should verify the precise distance and walkability from this address based on their priorities.
Annapolis does not have MARC commuter rail or Washington Metro service. The city is primarily car-dependent for regional travel, with Route 50 providing the main highway connection to Washington DC and the Baltimore-Washington corridor. Anne Arundel County transit buses serve select local routes.
The combination of a $335,000 asking price, an assigned parking space, and a comprehensive HOA that includes water and pool access represents a low-maintenance ownership structure. For buyers seeking predictable monthly costs in the Annapolis market, this residence offers a clear and manageable value proposition.
The building was constructed in 1974 and is part of an established condominium community. The HOA’s inclusion of pier and dock maintenance suggests a waterfront-oriented community character consistent with the broader Annapolis area. Buyers are encouraged to review HOA documents and meeting minutes to understand the community’s governance and financial health.
The Wardman Residential team at Compass has experience working with buyers and sellers across the Annapolis and Anne Arundel County condo market. We can provide recent comparable sales, guidance on HOA evaluation, and advisory support throughout the transaction. Reach out to discuss your goals and how we can help.

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