Mel Kiper Jr. bought this Annapolis waterfront property, according to public records, for $1,960,000 in 2010. Now the 4 bedroom, 5 1/2 bath pad is back on the market with a $2,590,000 price tag. You didn’t think Kiper would lose money on a real estate deal, did you? Of course not. The guy isn’t just a draft expert. He knows how to buy low and sell high on the real estate market.
This house is a five-star recruit. It has an elevator, Chesapeake Bay views, a hot tub on the deck just waiting for a wild beach bash.
According to his realtor:
4 BR, 5 Baths Private Pier with Boat lift and Sandy Beach. Chestnut HW floors throughout.. Master has morning kitchen, luxury bath steam shower, heated floor. Gorgeous kitchen with top level appliances and cabinetry.
The only disappointment here is that the place has zero Kiper artifacts like a draft board in the study. I’d buy the place furnished if it had a draft board, a replica of the ESPN Draft desk and a draft podium. You blow out a couple walls and create a draft green room and I’m purchasing tomorrow.
Other Highlights of Mel’s Bay Pad
• 5,120 sq ft
• The basement is good size, just designed poorly; get a pool table and a beer pong table
• The master bedroom has a kitchen…very smart of Kiper
• 13 minutes to nearest Whole Foods
• 38 minutes to the Stadium Club D.C.
Mortgage: You’re looking at $10,000 a month before Maryland taxes & elevator maintenance