A three-story Annapolis home featuring sweeping views of the Severn River, Hospital Hill and athletic fields of the Naval Academy is on the market for $5.5 million.

“Ferry Farms is one of the most desirable [neighborhoods] in Annapolis,” listing agent Travis Gray of Coldwell Banker Residential Brokerage said of the home's location.

“You couldn't find a more ideal place for entertaining.”

The classic custom Colonial at 2021 Homewood Road has five bedrooms and 71/2 baths, and features an inviting foyer with an arch and travertine tile floors. The floor plan includes a combination dining and living room with a wood-burning fireplace. Heart-of-pine flooring is found on the main and lower floors, as well as the upstairs hallways; the three stories are connected by a graceful, curving walnut staircase. A custom-made set of French doors opens to an outside balcony with views of the pool and Severn River.

Also on the main level is the master bedroom, with two walk-in closets, a waterside bay window, a breakfast bar and more French doors leading to a deck.

The cozy gourmet kitchen has custom-made cherry cabinets with glass fronts, a stainless-steel Thermador professional gas stove with hood, a Sub-Zero refrigerator and two dishwashers.

There's another kitchen downstairs for summer entertaining that includes features such as a Jenn-Air flat-top range and oven, a breakfast bar, and a built-in wine rack and bar.

The upstairs bedrooms are all carpeted and have the same vistas as the rest of the home.

The lower level is a dream entertaining space. There are two wood-burning fireplaces — one in the family room and the other in one of the two offices. A huge sliding door custom-made by Dover Millwork leads to the pool and covered deck. There's a theater room with soundproof walls, a sound system and wall-to-wall carpeting.

Other amenities include a screened-in porch, laundry room, storage space and an exercise room.