CHARIS REALTY GROUP

Coastal

1533 TEAL DRIVE

OCEAN CITY , MD 21842

MLS#: MDWO2036512

$1,499,900

Status: Active
Listing number: MDWO2036512
Listing provided by: ERA Martin Associates, Shamrock Division
Listing agent phone: None
Last update: 3 hours ago
New on site today
Browse Properties
MALLARD ISLAND - Residential

Property

Beds

5

Full Baths

4

1/2 Baths

None

Year Built

1977

Sq.Footage

4,719

**Currently grossing over $150,000 annually in short-term rental income ** with the potential for more! This exceptional Ocean City property offers a rare opportunity to own a luxury coastal home with strong, established investment performance. Situated on Mallard Island, one of Ocean City’s most coveted and tightly held waterfront-style communities, this exceptional residence blends luxury coastal living with long-term investment appeal. Set on two lots, the property provides valuable future flexibility. The additional lot—currently home to the private pool—may offer the potential for subdivision or use as a separate building lot, subject to buyer verification with P&Z. This feature is seldom found in Ocean City and enhances both privacy today and long-term value. Inside, the home has been thoughtfully updated and beautifully maintained. Recent improvements include new dual-zone HVAC systems, two new sliding glass doors, and a new stainless steel refrigerator and range. Offered fully furnished and decorated, the home is truly move-in or rent-ready from day one. The flexible floor plan includes an in-law suite with full kitchen and separate entrance, offering additional options for guest accommodations, multi-generational living, or added rental income potential. Designed for comfort and entertaining, the spacious layout features multiple living areas, including a huge master suite currently used as a game room and wet bar, and two wood-burning fireplaces. This home offers outdoor living at its finest, with a fenced backyard centered around the pool, an outdoor wet bar with granite countertops, and a fire pit—perfect for hosting family, friends, or guests enjoying a week at the beach. A rear shed provides convenient storage for pool and outdoor items. Storage and functionality are equally impressive with a two-car garage plus an additional garage bay, ideal for bikes, beach gear, and coastal essentials. Whether you envision this as a high-performing investment, a luxury second home, or a primary residence with income potential, this Mallard Island property delivers proven performance, flexibility, and lasting value in one of Ocean City’s most desirable locations.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    4

  • Above Grade Finished Area

    4719.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Other, Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Electric, Oil, Heat Pump

  • Main Level Bedrooms

    5

  • Pet friendly

    Yes

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Other, Brick

  • Other Exterior Features

    Barbecue, Lighting

  • Parking

    Garage Door Opener, Concrete, Garage, Driveway, Attached

  • Pool

    Yes

  • Pool Features

    In Ground, Private

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.3

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Coastal

Price

  • Sales Price

    $1,499,900

  • Tax Amount

    $9,813

  • Sq. Footage

    4, 719

  • Price/SqFt

    $317

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Block

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    58

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

WORCESTER

Elementary School

Middle School

High School

Listing Courtesy of Brittani Phillips , ERA Martin Associates, Shamrock Division

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Jennifer Gordon

AGENT

Jennifer Gordon

Call Jennifer today to schedule a private showing.

(301) 233-7410

jennifer@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
**Currently grossing over $150,000 annually in short-term rental income ** with the potential for more! This exceptional Ocean City property offers a rare opportunity to own a luxury coastal home with strong, established investment performance. Situated on Mallard Island, one of Ocean City’s most coveted and tightly held waterfront-style communities, this exceptional residence blends luxury coastal living with long-term investment appeal. Set on two lots, the property provides valuable future flexibility. The additional lot—currently home to the private pool—may offer the potential for subdivision or use as a separate building lot, subject to buyer verification with P&Z. This feature is seldom found in Ocean City and enhances both privacy today and long-term value. Inside, the home has been thoughtfully updated and beautifully maintained. Recent improvements include new dual-zone HVAC systems, two new sliding glass doors, and a new stainless steel refrigerator and range. Offered fully furnished and decorated, the home is truly move-in or rent-ready from day one. The flexible floor plan includes an in-law suite with full kitchen and separate entrance, offering additional options for guest accommodations, multi-generational living, or added rental income potential. Designed for comfort and entertaining, the spacious layout features multiple living areas, including a huge master suite currently used as a game room and wet bar, and two wood-burning fireplaces. This home offers outdoor living at its finest, with a fenced backyard centered around the pool, an outdoor wet bar with granite countertops, and a fire pit—perfect for hosting family, friends, or guests enjoying a week at the beach. A rear shed provides convenient storage for pool and outdoor items. Storage and functionality are equally impressive with a two-car garage plus an additional garage bay, ideal for bikes, beach gear, and coastal essentials. Whether you envision this as a high-performing investment, a luxury second home, or a primary residence with income potential, this Mallard Island property delivers proven performance, flexibility, and lasting value in one of Ocean City’s most desirable locations.

1533 TEAL DRIVE

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

A stunning small townhome community is right off Route 50 with incredible water views on BOTH sides and direct water access right out your back door! This is not just a home – it’s a lifestyle. Step inside and be wowed by the gourmet main kitchen, spacious open-concept living area, with designer finishes throughout, including elegant custom crown molding and custom tile work in every bathroom. The layout is ideal for entertaining, with a second kitchenette and walk-out access to your large deep water dock just steps away – perfect for hopping on the water in minutes. Wake up to the sunrise from your primary suite's private waterfront deck, and enjoy the sights and sounds of coastal Maryland right from bed. Each bedroom is tastefully designed with comfort and style in mind, and natural light fills every corner of this home. Enjoy the community pool and convenient access to the OC bridge, a private dock, multiple balconies, and water views from nearly every window, this property truly offers the best of Eastern Shore coastal living.
#MDWO2033018

OCEAN CITY

13000 MARINA VIEW LANE 20

3 Beds

4 Baths

3,069 Sq.Ft.

$1,599,000

MLS#: MDWO2033018

This spacious unit, just steps to the beach, has 5 bedrooms and 4.5 baths, new HVAC unit, newly replaced sliding doors, and surround sound featured in the open living areas as well as wrap around balconies with views of the beach, Atlantic Ocean & Assawoman Bay. The condo has 3 covered assigned spaces, for no hassle parking and a building elevator for ease of trips to and from the beach. "Sunrise" Unit 303, has been an occasional summer retreat for the current owners and is approximately 2622 sq. ft. and will convey with most furniture. The Gourmet kitchen features granite counters, plenteous kitchen cabinets , built in wine cooler & icemaker, the granite island conveniently offers a cooktop & vented stainless steel range hood so you can prepare a feast while socializing with your guests. The living area has aesthetically pleasing cork flooring, sliding doors and windows galore allowing an abundant of natural sunlight with views of the ocean and bay. This is an incredible offering to allow large families or great travel friends to own together in one of the most desirable garden style condo buildings in town or an incredible investment opportunity that could bring in over $100k+- in gross rental income per year.
#MDWO2017508

OCEAN CITY

5 87TH STREET 303

5 Beds

4 Baths

2,622 Sq.Ft.

$1,750,000

MLS#: MDWO2017508

Presenting this finest and elegant, custom-built waterfront home, situated in the finest neighborhood in OC. This is truly an entertainer's paradise. You will find an open floor plan, that is wrapped in windows, offering majestic views. There are 4 BR and 3 BA, and a 35 Ft pier. First floor there are 2 guest rooms and can easily sleep 8 Guests. The main level is host to a large living room with Panoramic views. Gourmet Kitchen with all SS Appliances. This is a wonderful once in a life time opportunity to own the best of ocean city, Maryland. Come home to coastal living at its finest. Qualified Buyers Only, no Solicitation ! This is a LIMITED SERVICE LISTING: Do NOT contact the listing agent. Contact the OWNER/SELLER directly.
#MDWO2031404

OCEAN CITY

505 S SURF ROAD

4 Beds

3 Baths

2,400 Sq.Ft.

$1,650,000

MLS#: MDWO2031404

"Lukas Apartments" is located on Saint Louis and 8th Street in downtown Ocean City. Just a block to the bay and a few blocks to the ocean. Views of both bay and ocean from balcony. The property consists of 2 separate buildings. One building is a 4 bedroom 2 bath house. The other building a separate first and second floor unit with 3 bedrooms and 2 baths each. The property has a total of 10 bedrooms and 6 full baths. Many new updates. Sold fully furnished. Winterized. All 3 units have 2 entrances, which gives the option of splitting the 3 current units into 3 additional smaller units.
#MDWO2028278

OCEAN CITY

802 SAINT LOUIS AVENUE

10 Beds

6 Baths

3,494 Sq.Ft.

$1,500,000

MLS#: MDWO2028278

New Construction , "ATLANTIC EDGE" Construction has started, located on the oceanside at 142nd St, this prime north OC location offers theses units some of the best ocean views available, the community consist of a total of 8 units, this listing represents units 1-4 , 4 bedroom units with high end finishes, , call for flooplans etc, ELEVATORS OPTIONAL Scheduled to be completed in 2026 , now taking reservation to lock in a unit to purchase
#MDWO2033490

OCEAN CITY

14 142 STREET

4 Beds

3 Baths

2,700 Sq.Ft.

$1,399,900

MLS#: MDWO2033490

Rare opportunity to own this beautifully updated 3BR/2.5BA direct oceanfront condo in one of Ocean City’s most sought-after buildings. Unit 1300 features an updated kitchen and baths, A combination of Tile and vinyl plank flooring throughout, An expansive open-concept living and dining area perfect for entertaining. The oversized balcony offers breathtaking ocean views that truly set this unit apart. Laundry has been relocated to the primary bedroom closet for added convenience. Sold fully furnished and turn-key ready. Sea Watch offers premier amenities including indoor and outdoor pools, kiddie pool, fitness center, movie theater, game room, billiards, basketball, tennis, pickleball, beach volleyball, and a newly updated playground. Ideal as a second home, investment property, or full-time oceanfront retreat.
#MDWO2036200

OCEAN CITY

11500 COASTAL HIGHWAY 1300

3 Beds

2 Baths

1,656 Sq.Ft.

$1,649,900

MLS#: MDWO2036200

NEW CONSTRUCTION, READY FOR IMMEDIATE DELIVERY , PHOTOS OF PREVIOUS UNIT, LOCATED IN POPULAR WEST OCEAN CITY, , NOW OFFERING THE LAST 2 UNITS WITH UNBELIEVABLE ,BAY AND OCEAN VIEWS, , UPGRADED FINISHES, OPEN CONCEPT FLOOR PLAN WITH , XLARGE GARAGE, ELEVATOR, GAS HOT WATER ON DEMAND, THE LIST GOES ON AND ON UNIT OWNERS HAVE THE OPTION JOINING THE RECREATIONAL FACILITY, POOL , FITNESS ROOM AND CLUB HOUSE , PLEASE INQUIRE ON COST AND MEMBERSHIP FEE . PRICES START AT 1,6250,000 WASHER /DRYER/REF, NOT INCLUDED
#MDWO2029076

OCEAN CITY

12920 CARMEL AVENUE 13

4 Beds

4 Baths

3,105 Sq.Ft.

$1,625,000

MLS#: MDWO2029076

Discover a rare find on the Ocean City beachfront—an intimate four unit building offering privacy, space, and unbeatable ocean views. This 3 bedroom, 3 bath condo delivers 1,880 sq. ft. of coastal comfort, plus two assigned parking spaces and two additional guest spots. From the moment you arrive, the experience feels exclusive: enter through the west side exterior stairs or ride the keyed private elevator straight to your own lobby and front door. Inside, the layout is bright, open, and designed for easy beach living. A guest bedroom sits just off the hall—furnished and ready to enjoy—with a custom closet featuring built ins for effortless organization . Across the hall, the sunny south guest suite offers a double slider to the west facing balcony, where you can soak up year round sunsets and warm winter light. This bedroom also includes its own full bath for added convenience. Continue down the hall to find a large coat closet and a dedicated laundry area with full size Whirlpool appliances and open shelving. Then the home opens up into a dramatic living, dining, and kitchen space with 10 foot ceilings and plenty of room to entertain. The wet bar—with Corian countertops, wine cooler, sink, and generous cabinetry—sets the tone for gatherings, while the expansive kitchen offers KraftMaid cabinetry, Corian counters, a radiant cooktop, built in oven, and thoughtful storage upgrades like pull out shelves and a lazy Susan. The living area features a natural gas fireplace, built in shelving, and an LG TV with speakers already in place. From here, step into the spacious main bedroom, complete with access to the oceanfront balcony and abundant natural light. The ensuite bath includes a jetted tub, walk in shower, double sinks, a seated vanity area, and separate linen and clothing closets—your own private retreat by the sea . The building is also undergoing its routine exterior refresh—caulking, coating, and painting—part of a proactive maintenance schedule completed every 5–6 years by the owners and management team. Another special feature of this building is the roof deck -- for sunning, relaxing and enjoying the sunsets and fireworks throughout town, especially Seacrets Bar and Restaurant on the bay side. If you’re looking for a beachfront home that combines privacy, space, and stunning views with the ease of condo living, this one delivers it all. The unit is being sold unfurnished. The buyers can keep what is in the unit photos or we can help get it removed. Seller is offering a 1 year American Home Warranty to buyers at closing.
#MDWO2036402

OCEAN CITY

5105 ATLANTIC AVENUE 101

3 Beds

3 Baths

1,880 Sq.Ft.

$1,395,000

MLS#: MDWO2036402

Welcome to this rare opportunity to own a beautifully maintained four-bedroom, two-and-a-half bath single-family home in the coveted waterfront community of Nantucket Point. Located on a peaceful cul-de-sac, this home offers the perfect blend of privacy, comfort, and coastal charm. Lovingly owned by the original family for decades, this residence has been the backdrop for countless cherished memories. The home conveys with a deep-water boat slip at the private, gated community pier—just a short stroll away—along with access to the community pool, making it a boater’s and beach lover’s dream. Step inside to find light-filled living spaces, including a cozy living room with a fireplace, a charming sunroom off the kitchen, and a spacious deck ideal for al fresco dining or quiet mornings with coffee. Large windows throughout the home bring in an abundance of natural light, accentuating the warmth and elegance of each room. Outdoors, the mature landscaping offers beauty and privacy, anchored by a stunning magnolia tree in the front yard. A partially fenced backyard, paver patio, outdoor shower, and lush greenery create the perfect coastal oasis. Nantucket Point remains one of Ocean City’s best-kept secrets—a quiet, friendly enclave hidden away in North Ocean City, yet close to everything. Whether you’re looking for a serene primary residence or a luxurious coastal retreat, this is a rare chance to own in one of the area’s most sought-after waterfront communities
#MDWO2032118

OCEAN CITY

13506 YELLOW BANKS COURT

4 Beds

2 Baths

2,022 Sq.Ft.

$1,295,000

MLS#: MDWO2032118

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service