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1533 Teal Drive

OCEAN CITY, MD 21842
  • $1,675,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: MDWO2029050
$1,675,000
  • 5
    BEDS
  • 0.3
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,719
    SQFT
  • $355
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1977
County:

School Information

Elementary School:
Middle School:
High School:

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!

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bic DeCaro & Associates | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-03-25T23:51:48.933.
www.bicdecaro.com/homes/161112784
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1533 Teal Drive OCEAN CITY, MD 21842

  • Price: $1,675,000
  • Status: Active
  • On Site: 20 Days
  • ID#: MDWO2029050
5
Beds
4
Baths
0
½ Baths
0.3
Acres
4,719
SQFT
$355
$/SQFT
1977
Built
Neighborhood:
Mallard Island
County:
Worcester
Area:
Bayside Interior (83)
Elementary School:
Ocean City
Middle School:
Stephen Decatur
High School:
Stephen Decatur
School District:
Worcester County Public Schools
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!
Exterior Features

Architectural Style Coastal Construction Materials Other Garage Spaces 2.00 Garage Type Other Garage YN Yes Parking Types Attached GarageDriveway Pool Yes - Personal Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4719 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN Yes Fireplaces Total 2 Heating Heat Pump(s) Heating YN Yes Levels 2 Main Level Bedrooms 5

Property Features

Accessibility Features None Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Federal Flood Zone YN No Foundation Details Other Heating Fuel ElectricOil Hot Water Electric Municipality Ocean City Navigable Water YN N New Construction YN No Original MLSNumber 803663206250 Ownership Interest Fee Simple Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 9252.00 Tax Lot 58 Vacation Rental YN No Water Source Public Zoning R-1

Listing courtesy of Cummings & Co Realtors: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bic DeCaro & Associates | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-03-25T23:51:48.933.
 
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