Waterfront - Primary on Main
Listed By:
Mechelle Nichols with Berkshire Hathaway HomeServices PenFed Realty - 4105247000;
Address
1546 Teal Dr, Ocean City, MD
Price
$ 11,995,000
Property Attributes
  • MLS#MDWO2038582
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountyWORCESTER
  • CityOcean City
  • AreaBayside Waterfront
  • Zip21842
  • StyleCape Cod,Coastal
  • Year Built1981
  • Taxes$ 21814
  • Price$ 11,995,000
  • Bedrooms4
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage5000
  • Lot Size3.16 Acres
Data Source:
Bright MLS
Property Description

Private Island at 1546 Teal Drive, Ocean City, Maryland is a truly unique offering the bay's only island estate. Included is an adjacent buildable waterfront lot just inside the entrance gates before crossing the private bridge. The improved .29-acre parcel features approximately 95 feet of bulkheaded shoreline with boardwalk, paved driveway, irrigation, and landscaping, offering flexibility for a future guest house or single-family residence, additional parking, or expanded waterfront enjoyment. Located off 15th Street in downtown Ocean City, the property offers seclusion and accessibility, 3 blocks to the Boardwalk and beach, minutes to the Ocean City Inlet and Assateague Island by boat, and a block from Harbor Island, home of the world-renowned White Marlin Open. Hidden behind a brick wall and accessed through a 6-foot gate, the arrival continues across a private 120-foot vehicular bridge from Mallard Island. The island encompasses more than 3 acres of native marshlands and coastal landscape with panoramic views of the open bay, the Rt. 50 Bridge to the south, Rt. 90 Bridge to the north, and the rare combination of breathtaking sunrises and sunsets across the water. Architecturally, the home is an iconic shingle-style residence inspired by Nantucket architecture, with exterior renovations and enhancements by renowned Lyman Perry Architects Ltd. of Nantucket, Massachusetts. The approximately 5,000-square-foot home features custom woodworking, Carlisle wide-plank hand-finished pine flooring, new Andersen doors throughout, approximately 3,250 square feet of wraparound decking, and expansive water views. Upon entering, a dramatic 24-foot atrium features a 12-foot by 15-foot overhead skylight and floor-to-ceiling Coral Rock fireplace feature connecting the surrounding living spaces. Designed to maximize open bay views throughout, the main living area features custom built-in cabinetry and flows into the separate dining and gathering spaces. The kitchen/family room creates an inviting area for entertaining, with custom solid birch painted cabinetry by Premier Cabinetry of New Holland, Pennsylvania, and a 5-foot by 8-foot teak island countertop. A custom wood spiral staircase provides secondary access between the main and upper levels. The main level also includes a home office with built-in cabinetry and pull-out file storage, plus an additional guest bedroom and full bath. Upstairs, an open bridge hallway overlooks the atrium while separating the primary suite from two guest bedroom suites. The four-room primary suite includes a bedroom retreat with bayfront deck, sitting/entertainment/dressing room with vaulted ceilings, custom cherry wood built-ins and four closets, en-suite bath with double vanity and dressing table, and a second dressing room with vaulted ceilings, four double-door deep closets, and an arched window with window seat dividing two built-in tall chests. Two additional bedrooms each feature en-suite baths and private decks. Outdoors, an island retreat features a pool and spa by Sea Glass Pools, expansive decking, gazebo bar with cabinetry and quartz countertops, full bath with shower, docking, 10,000-pound boat lift, and fish cleaning station. Significant recent investments include bulkhead improvements, reinforced helical pilings, bridge renovations, active security and surveillance systems, and maintained structural and mechanical systems. Surrounded by abundant birdlife and endless open-water vistas, this distinguished estate embodies timeless elegance.

Elementary School Middle School High School
Ocean City Elementary School Stephen Decatur Middle School Stephen Decatur High School
Price History
6/2/2026 Listed $10,995,000

General Features

Living Area 5000
Sewer Public Sewer
Heating Central
Cooling Central A/C
Utilities Above Ground,Cable TV,Propane
Possession Settlement
Roof Architectural Shingle,Other
Appliances Commercial Range,Cooktop,Dishwasher,Disposal,Dryer,Extra Refrigerator/Freezer,Oven/Range - Gas,Washer,Water Heater
Zoning R-1
Garage Spaces 2.00
Patio/Porch Features Deck(s),Balcony,Porch(es),Patio(s),Wrap Around
Architectural Style Cape Cod,Coastal
Pool Features In Ground
Security Features 24 hour security,Security System,Surveillance Sys
Construction Materials Combination,Cedar
School District WORCESTER COUNTY PUBLIC SCHOOLS
Exclusions Primary bedroom and sitting room drapes,six chandeliers and two wall sconces
Year Built 1981
View Bay,City,Panoramic,Water
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Waterfront Features Private Dock Site,Rip-Rap,Sandy Beach
Building Name NONE AVAILABLE
Accessibility None
County WORCESTER
New Construction No
Property Type Residential
HOA No
Subdivision Name NONE AVAILABLE
Garage Y/N Yes
Water Access Y/N Yes
Other Structures Above Grade,Below Grade
Full Baths 5
Status ACTIVE
Directions From Coastal Highway,turn bayside at 15th Street and proceed onto Mallard Island. Continue on Teal Drive to the gated entrance for Goose Island.
City OCEAN CITY
Body of Water Sinepuxent Bay
Senior Community Y/N No
MLS Area Bayside Waterfront (84)
Lot Size Units Square Feet
Lot Size Square Feet 137649.60
Tax Assessed Value 1694200.0
Tax Annual Amount 21814.99
Home Warranty Y/N No
Property Condition Excellent
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 2399.0
Vacation Rental Y/N No
Virtual Tour https://iframe.videodelivery.net/9f654424dc89da339397d4bcbd62c3b8
Total SQFT 5000
Location Type Bayfront
Standard Status Active
Year Built Source Estimated
Legal Subdivision Mallard Island
Federal Flood Zone AE

Interior Features

Interior Amenities Additional Stairway,Attic,Bathroom - Jetted Tub,Bathroom - Walk-In Shower,Breakfast Area,Built-Ins,Butlers Pantry,Carpet,Ceiling Fan(s),Combination Dining/Living,Combination Kitchen/Living,Combinatio
Heating Fuel Electric,Propane - Metered
Flooring Carpet,Ceramic Tile,Wood
Total Fireplaces 1
Fireplace Features Gas/Propane
Hot Water Propane,Electric
Basement (Y/N) No
Heating Y/N Yes
Window Features Double Hung,Double Pane,Energy Efficient,ENERGY STAR Qualified,Screens,Skylights,Casement,Sliding,Wood Frame
Fireplace Y/N Yes
Above Grade Finished Area 5000
Central Air Y/N Yes
Total Bedrooms 4
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Estimated
Laundry Type Main Floor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Upper Levels 3
Bedrooms Count Upper Level 1 3
Bathrooms Full Upper Level 1 3
Bathrooms Full All Upper Levels 3
Bathrooms Count Upper Level 1 3.00
Bathrooms Count All Upper Levels 3
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 5

Exterior Features

Exterior Amenities Private Beach
Pool Yes - Personal
Fencing Vinyl
Parking Features Asphalt Driveway
Lot Features Bulkheaded,Fishing Available,Landscaping,Marshy,Rip-Rapped,Tidal Wetland
Water Source Public
Inclusions All teak deck and yard furniture,four deck umbrellas and weights,garage freezer,garage refrigerator,kayak,canoe,and stand-up paddle board (SUP) storage rack,all tv's,blinds and drapes
Total Parking Spaces 12
Garage Features Garage - Front Entry
Type of Parking Attached Garage,Driveway
Land Use Code R
Foundation Details Crawl Space,Pilings,Other
Water View Y/N Yes
Lot Dimensions 0.00 x 0.00
Lot Size Acres 3.16
Water Body Type Bay
Lot Size Source Estimated
Waterfront Y/N Yes
Door Features ENERGY STAR Qualified Door(s),French,Insulated,Sliding Glass
Water Access Features Boat - Powered,Canoe/Kayak,Fishing Allowed,Personal Watercraft (PWC),Private Access,Private Beach
Number of Docks 5+
Land Assessed Value 0.00
Navigable Water Y/N Yes
Number of Slips 5+
Water Oriented Y/N Yes
# of Attached Garage Spaces 2
Dock/Slip Conveys YN Yes
LotDimensionsSource Assessor
Dock Type and Features Against Bulkhead Only (Lateral),Hoist/Lift Electric,Private,Storage Area,Sun Deck

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 21842

Price
AVG $1.58M
$12M
Taxes
AVG $6,781
$21,814
Year Built
AVG 1987
1981
Visits
AVG 709
470
Data Provided by Inside Real Estate®

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