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1546 Teal Dr , Ocean City, MD 21842
$11,995,000
Est. Payment: $63,842.43/mo
4 Bed
5 Bath
5000 Sqft
3.16 Acres
Status: active | Days on site: 120
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House Description

1546 Teal Drive, Ocean City, Maryland presents a singular opportunity: the bay’s 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 world’s 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 Andersen doors framing the water beyond. A dramatic 24-foot atrium beneath an oversized skylight is anchored by a soaring Coral Rock wall with an integrated fireplace, creating a striking architectural focal point visible from both levels and connecting the surrounding living spaces. The kitchen and family room were designed for gathering, with custom solid-birch cabinetry by Premier Cabinetry of New Holland, Pennsylvania, and a custom 5-foot by 10-foot teak island. A private office with custom built-ins, guest suite and full bath complete this level. Upstairs, an open bridge overlooks the atrium and leads to the expansive four-room primary suite with bayfront deck, vaulted ceilings, custom cherry built-ins, generous dressing rooms and en-suite bath. Two additional bedrooms offer en-suite baths and private decks. Outdoors, the island becomes its own waterfront resort, with approximately 3,250 square feet of wraparound decking leading to a pool and spa, gazebo bar, full bath, private docking, 10,000-pound boat lift and fish-cleaning station—all surrounded by open water and coastal sky. Significant recent investment includes bulkhead improvements, reinforced helical pilings, bridge renovations, active security and surveillance systems, and maintained structural and mechanical systems. More than a waterfront residence, 1546 Teal Drive is a private island estate of extraordinary rarity—an irreplaceable setting where architecture, land, water and privacy converge in the heart of Ocean City.

Highlights

Listed by Mechelle Nichols , 4104301575 Berkshire Hathaway HomeServices PenFed Realty , 4105247000. Bright MLS

Property Type

Residential

Lot/Acreage
3.16

Year Built

1981

County

Worcester

Area

Bayside Waterfront (84)

Neighborhood

None Available

School District

Worcester County Public Schools

Listing ID

MDWO2038582

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Appliances:Commercial Range, Cooktop, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Oven/Range - Gas, Washer, Water Heater
Air Cond:Central A/C
Fireplaces:Gas/Propane,1 Fireplace
Floor:Carpet,Ceramic Tile,Wood
Above Ground Sq Ft:5000
Other:
  • ▪ Main Floor Bedrooms:1
  • ▪ Additional:Additional Stairway, Attic, Bathroom - Jetted Tub, Bathroom - Walk-In Shower, Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Kitchen - Island, Primary Bedroom - Bay Front, Recessed Lighting, Skylight(s), Sound System, Spiral Staircase, Sprinkler System, Walk-in Closet(s), Window Treatments, Wood Floors
Water:Public

Exterior Features

Lot:Bulkheaded,Fishing Available,Landscaping,Marshy,Rip-Rapped,Tidal Wetland,Not New Construction,Horse Property: No,Waterfront,In City Limits
Lot Dimensions:0.00 x 0.00
Garage Capacity:12
Zoning:R-1
Roof:Architectural Shingle,Other
Others:
  • ▪ Additional:Private Beach, Excellent
Sewer:Public Sewer
Parking Features:Asphalt Driveway,Garage - Front Entry,Attached Garage,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$63,842
Taxes
$1,818

Home Price

$11,995,000

Loan Details

30 yrs
7%

Down Payment

20%
$2,399,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$63,842.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $63,842.43 $1,817.92 $0.00 $65,660.34
Yearly $766,109.13 $21,814.99 $0.00 $787,924.12
Total $22,983,273.88 $654,449.70 $0.00 $23,637,723.58
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.

IDX service by Blueroof 360

Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS