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148 Jamestown Rd , Ocean City, MD 21842
$799,000
Est. Payment: $4,252.61/mo
5 Bed
4 Bath
2959 Sqft
0.12 Acres
Status: active | Days on site: 68
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630KWR04 - 3256274
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House Description

Contractor's Alert! R-2 Zoning. This strategically located home within a short walk to the Ocean and the Bay has so much potential to expand the living space! In addition to the 3 bedroom 1.5 bath home and a separate entrance second floor 1 bedroom 1.5 bath apartment with balcony and loft this property possesses a huge 20 ft by 20 ft first floor two story unfinished room off the kitchen that could be finished to a great room with cathedral ceilings,or possibly primary bedroom suite, or additional bedrooms. This room is already studded out with electricity, insulation and beautiful sliders and arched windows on two sides already in place. It just needs drywall and your imagination! The 2nd floor 1 bedroom apartment with balcony and and extra sleeping room in loft has separately metered electric service. There is a one car garage plus a separate large storage shed. The backyard is fenced for privacy with lots of outdoor seating space and room for a hot tub. Potential, potential, potential for awesome rental income or a flip after conversion of huge unfinished area. A list of newly upgraded features is attached as a document in disclosures. Must see. No condo or HOA fees. The owners do not rent but the rental income potential, especially if the massive 20 x 20 unfinished 1st floor space were finished would be high.

Highlights

Listed by Joyce A Melbourne Husman , 4104900948 Berkshire Hathaway HomeServices PenFed Realty - OP , 4102083500. Bright MLS

Property Type

Residential

Lot/Acreage
0.12

Year Built

1979

County

Worcester

Area

Bayside Interior (83)

Neighborhood

None Available

School District

Worcester County Public Schools

Listing ID

MDWO2040720

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:2
Appliances:Dishwasher, Dryer, Extra Refrigerator/Freezer, Refrigerator, Washer, Stove, Microwave, Icemaker
Air Cond:Central A/C,Heat Pump(s),Zoned
Fireplaces:
Floor:Carpet,Luxury Vinyl Plank
Above Ground Sq Ft:2959
Other:
  • ▪ Main Floor Bedrooms:3
  • ▪ Additional:2nd Kitchen, Bathroom - Tub Shower, Ceiling Fan(s), Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Island, Recessed Lighting, Skylight(s), Stain/Lead Glass
Water:Public

Exterior Features

Lot:Public Access,Public Beach,Not New Construction,Horse Property: No,In City Limits
Garage Capacity:4
Zoning:R-2
Roof:Architectural Shingle
Others:
  • ▪ Additional:Exterior Lighting, Outbuilding(s), Sidewalks, Street Lights, Secure Storage, Excellent
Sewer:Public Sewer
Parking Features:Concrete Driveway,Additional Storage Area,Built In,Garage - Front Entry,Inside Access,Attached Garage,Driveway,Off Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$4,253
Taxes
$502

Home Price

$799,000

Loan Details

30 yrs
7%

Down Payment

20%
$159,800
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Monthly Price:
$4,252.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,252.61 $501.58 $0.00 $4,754.20
Yearly $51,031.36 $6,019.00 $0.00 $57,050.36
Total $1,530,940.88 $180,570.00 $0.00 $1,711,510.88
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Ocean City, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-13T23:12:42.000Z

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