1533 TEAL DR new to site

Ocean City,MD 21842

$ 1675000

5 Beds

4 Baths

4719 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,719 sqft

Price per Sqft $354

Subdivision Mallard Island

MLS Listing ID MDWO2029050

Style Coastal

Bedrooms 5

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 4,719

Originating Board BRIGHT

Year Built 1977

Available Date 2025-03-07

Annual Tax Amount $9,252

Tax Year 2024

Lot Size 0.299 Acres

Acres 0.3

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Property Description

**This home has operated as a short term rental for the past nine months. All confirmed 2025 bookings, currently totaling $100k in revenue, will transfer to the buyer, who will receive all rental income from settlement date forward.**Don't miss this incredible opportunity to own your dream home on Mallard Island! Mallard Island is the best kept secret of Ocean City and one of the most sought-after custom home communities in OC. The island has only 42 homes which rarely come on the market. If you miss this one, you could be waiting years for another opportunity to be part of this amazing family-oriented community. This beautifully updated 5-bedroom, 4-bathroom home sits on a double lot, with the potential to subdivide (verify with Planning & Zoning). The private backyard is a relaxing oasis featuring a low-maintenance deck with kitchenette, a beautiful in-ground pool, a gas firepit, and tons of space for entertaining. The exterior is professionally maintained and boasts clean and modern accents, including a spacious covered front porch with a stylish steel entry door, exterior lighting, and a new front porch railing. Essential updates include a new oil tank, hot water heater, oil burner, and pool pump. In addition, a new patio door and two brand new high-efficiency HVAC systems (including ductwork) are being installed in April.

Step inside and be wowed by this luxuious space! Over 4700 sf of living space with a variety of unique spaces to unwind and enjoy the easy living vibes of Ocean City. The main level features a bright and airy living room/dining room combination, all freshly painted with new lighting and blinds throughout, along with a fire place in the living room on the main level and a fireplace in upstairs gameroom/master! The kitchen shines with stainless steel appliances, granite countertops, and a stylish backsplash. A brand-new washer and dryer are also conveniently located on the main level as well as a large bedroom. The bathrooms have all been remodeled and tastefully decorated. Upstairs, you'll find the ultimate game room, with a wet bar, fireplace, and pinball machines for added fun. The game room can also be configured as a large primary bedroom suite. The upper level also includes an in-law suite with a separate entrance for privacy. The home is complete with a spacious two-car garage plus an additional side garage—perfect for storing beach toys, bikes, and more. A large private driveway provides ample space for multiple vehicles and easy guest access. This home is being delivered FULLY FURNISHED (as seen in photos) and a Pinterest dream! Don't let this rare Mallard Island gem slip away—schedule your showing today!

Location

State MD

County Worcester

Area Bayside Interior (83)

Zoning R-1

Rooms

Main Level Bedrooms 5

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Fireplaces Number 2

Fireplace Y

Heat Source Electric,Oil

Exterior

Parking Features Other

Garage Spaces 6.0

Water Access N

Accessibility None

Attached Garage 2

Total Parking Spaces 6

Garage Y

Building

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 2

Additional Building Above Grade,Below Grade

New Construction N

Schools

Elementary Schools Ocean City

Middle Schools Stephen Decatur

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Senior Community No

Tax ID 2410040124

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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