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5116 Ocean Gateway photo 1
for saleNew — 1d on market
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$405,000

2beds
|
1baths
|
1,344sqft
|
1964built
5116 Ocean Gateway,Trappe, MD 21673

Est.$2,663/moCustomize payment

What's special

Just listed

On the market for 1 day

$301/sqft

Price per square foot

Built in 1964

62 years old

Overview

Welcome to this thoughtfully updated rancher in Trappe, Maryland, offering Eastern Shore charm, impressive outbuildings, and convenient access along Ocean Gateway/Route 50 — close to Easton, Cambridge, Oxford, St. Michaels, shopping, dining, waterfront destinations, and everyday conveniences. Ocean City day trips are only an hour away! From the moment you arrive, the property makes a memorable impression with a maniucured established perennial garden, flagpole, security doors, a brand new roof (2026), new windows (2022), and flexible outdoor storage including a 12x24 hobby shed with an ...

Listing updated: July 2, 2026 at 12:11 AM

Listed by:

Samantha Boone 4438670744, Keller Williams Flagship

Source: Bright MLS · MLS #MDTA2014282Bright MLS

Property details

Cost estimate

Est. monthly payment

$2,313/mo
Principal & interest
$2,123
Property tax
$55
Home insurance (est.)
$135

Down payment

$81,00020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($81,000), 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
Jul 2, 2026Listed for sale$405,000

Location

5116 Ocean Gateway, Trappe, MD 21673

Nearby homes

$405,000

2 beds · 1 baths · 1,344 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: 7/2/2026.