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501 Penguin Dr # 1A01 photo 1
for saleNew — 2d on market
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$575,000

3beds
|
3baths
|
1,118sqft
|
1983built
501 Penguin Dr # 1A01,Ocean City, MD 21842

Est.$3,781/moCustomize payment

What's special

Just listed

On the market for 2 days

$514/sqft

Price per square foot

Built in 1983

43 years old

Overview

Bright, sunny end unit in Crab Cove!! Beautifully kept 3-bedroom, 2-1/2 bath home with a modern kitchen with window, newer cabinets and new Samsung kitchen appliances. The kitchen includes pantry storage for all the extras needed for the beach days! The living room seats 7-8 people and leads out to the covered deck overlooking the bay with fabulous sunsets!! Here is where you could take the stairs down to the boat dock. The owner's suite has a queen bed and bath with a shower along with a small balcony to sit and enjoy the ocean air!! The 2nd bedroom has a queen bed with access to the hall bat...

Listing updated: June 14, 2026 at 1:51 PM

Listed by:

Kathleen M Workman 301-938-3519, EXP Realty, LLC, Co-Listing Agent: Karen D Rollings 301-924-8200, EXP Realty, LLC

Source: Bright MLS · MLS #MDWO2039072Bright MLS

Property details

Cost estimate

Est. monthly payment

$3,992/mo
Principal & interest
$3,014
Property tax
$387
Home insurance (est.)
$192
HOA fee
$400

Down payment

$115,00020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($115,000), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Customize scenario

Price history

DateEventPrice
Jun 13, 2026Price increased$575,000(+$50,000)
Jun 12, 2026Listed for sale$525,000

Location

501 Penguin Dr # 1A01, Ocean City, MD 21842

Recently sold nearby

Similar homes sold within 0.5 miles in the last 90 days.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Nearby homes

$575,000

3 beds · 3 baths · 1,118 sqft

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Data last updated: 6/14/2026.