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
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