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$11,995,000

Listing Price

--beds

4baths

5,000sqft

13,678sqft lot

1546 Teal Dr, Ocean City, MD 21842

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

867.96

Price / sqft

2006

Year built

Home Details

1546 Teal Drive, Ocean City, Maryland presents a singular opportunity: the bays only private island estate, offering more than three acres of privacy in the heart of Ocean City. Hidden from view behind a gated entrance, the arrival unfolds across a private 120-foot vehicular bridge to an extraordinary world of its own-native marshland, coastal landscape, abundant birdlife and panoramic open-water views, with both sunrise and sunset reflected across the bay. Just three blocks from the beach and iconic Ocean City Boardwalk, this remarkable setting offers the rare combination of seclusion and accessibility. By water, the Ocean City Inlet and Assateague Island are only minutes away, with Harbour Island-home of the internationally renowned White Marlin Open, the worlds largest billfish tournament-nearby. Included with the estate is an adjacent, buildable .29-acre waterfront parcel with approximately 95 feet of bulkheaded shoreline, boardwalk, paved driveway, irrigation and landscaping, creating possibilities for a future guest house or single-family residence, additional parking or expanded waterfront enjoyment. At the center of the island is an approximately 5,000-square-foot shingle-style residence inspired by the enduring coastal architecture of Nantucket and enhanced by renowned Lyman Perry Architects Ltd. of Nantucket, Massachusetts. Inside, craftsmanship and character reveal themselves through custom millwork, Carlisle wide-plank hand-finished pine floors and expansive Ander

Interior Details

Square Feet
  • 5000

Bedrooms
  • N/A

Bathrooms
  • 4

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 13678

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Built-in

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    3

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 3

Style
  • N/A

Exterior
  • Siding (not Specified)

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2021

$14,049

$641,100

$353,300

--%

$994,400

2020

$13,580

$0

$0

--%

$954,600

2019

$12,922

$0

$0

--%

$914,800

2018

$12,360

$572,300

$302,700

--%

$875,000

2017

$12,422

$572,300

$302,700

--%

$875,000

2015

$11,875

$565,500

$312,600

--%

$878,100

2014

$11,889

$0

$0

--%

$878,100

2012

$11,770

$0

$0

--%

$878,100

percent-home-icon

Average Home Price in 21842

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$3,450,008

-- Beds

4 Baths

5,530 Sqft

5,618 Lot (sqft)

Sold 08/14/2026

$4,631,191

-- Beds

4 Baths

4,632 Sqft

23,800 Lot (sqft)

Sold 10/26/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
11,995,000
$
Down payment
2,399,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
71,970
$
HOA (Monthly)
0
$
PMI
0
$
$77,646
Your Payment
Total Monthly Payment:$77,646
Percent of Income:1331%
Affordable:No

Details for 1546 TEAL DR

Property Debt

Foreclosure Contact Details