Newhouse
1/44
$7,561/mo
$1,149,9003bd·3ba·1,710sf
10600 Pine Needle Rd, Ocean City, MD 21842
Coldwell Banker Realty
under contract
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$1,090,000
5beds
|4baths
|4,719sqft
|1977built
1533 Teal Dr,Ocean City, MD 21842
Est.$7,167/moCustomize payment
What's special
$231/sqft
Price per square foot
Built in 1977
49 years old
2 parking spaces
Garage
Overview
**Currently grossing over $150,000 annually in short-term rental income ** with the potential for more! This exceptional Ocean City property offers a rare opportunity to own a luxury coastal home with strong, established investment performance. Situated on Mallard Island, one of Ocean City's most coveted and tightly held waterfront-style communities, this exceptional residence blends luxury coastal living with long-term investment appeal. Set on two lots, the property provides valuable future flexibility. The additional lot - currently home to the private pool - may offer the potential for sub...
Listed by Brittani Phillips, ERA Martin Associates, Shamrock Division
443-504-5281 · brittani.phillips@era.com · Office 410-641-5000
MLS #MDWO2036512 · Listed February 27, 2026
Property details
Cost estimate
Est. monthly payment
$6,895/mo
Principal & interest
$5,714Property tax
$818Home insurance (est.)
$363Down payment
$218,00020% of list price
Adjust down payment20%
0%25%50%
Based on 20% down ($218,000), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.
Price history
| Date | Event | Price |
|---|---|---|
| Feb 27, 2026 | Listed for sale | $1,090,000 |
Location
1533 Teal Dr, Ocean City, MD 21842
Brittani Phillips
ERA Martin Associates, Shamrock Division
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