1533 TEAL DRIVE, OCEAN CITY, MD 21842 - Cummings & Co. Realtors

$1,675,000

**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!… Read More 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! Read Less

Courtesy of Megan Manzari, Cummings & Co Realtors [email protected]

Listing Snapshot

Days Online

Last Updated

Mar 12, 2025

Property Type

Single Family Residential

Beds

Full Baths

Square Ft.

4,719

Lot Size

0.3 Acres

Year Built

1977

MLS Number

MDWO2029050

30 Days Snapshot Of 21842

$523k

-11%

(avg) sold price

+7%

homes sold

+30%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

4,719 sqft living area, 4,719 sqft above grade (finished), Built in 1977, Structure Type: Detached, 2 levels, Coastal

Cooling

Central Air, Electric, Central A/C

Fireplaces

2 fireplaces

Garage

2 garage spaces

Heating

Electric, Oil, Heat Pump(s)

Lot

13,040 sqft, Lot Size Dimensions: 0.00 x 0.00, 0.3 acres

Property

Other Structures: Above Grade, Below Grade

Sewer

Public Sewer

Taxes

City/Town Tax: $2,925, City/Town Tax Pymnt Freq: Annually, County Tax: $5,586, County Tax Pymnt Freq: Annually, Tax Annual Amount: $9,252, Tax Year: 2024

Utilities

Hot Water: Electric

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1533 TEAL DRIVE

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