Ocean City, MD 21842,1531 TEAL DR
Ocean City, MD 21842,1531 TEAL DR
Ocean City, MD 21842,1531 TEAL DR
Ocean City, MD 21842,1531 TEAL DR
Ocean City, MD 21842,1531 TEAL DR
Ocean City, MD 21842,1531 TEAL DR
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$ 409,000
Est. payment | /mo

6,534 Sqft Lot


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$ 409,000
Est. payment | /mo
Save

6,534 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Lot Size 6,534 Sqft

MLS Listing ID MDWO2036526

Financing Cash,Conventional

Subdivision Mallard Island

Short Sale No

HOA Y/N N

Originating MLS BRIGHT

Property Description

This property presents a rare opportunity to purchase a potential future building lot in Ocean City's highly sought-after Mallard Island community. Opportunities to acquire land in this neighborhood are extremely limited, making this a compelling option for buyers seeking long-term flexibility or investment potential.
This property must be purchased in conjunction with the adjacent home at #1533, and is being marketed accordingly at a total price of $1,499,000. While the seller does not guarantee development approval, the seller has communicated with Planning & Zoning and a licensed surveyor and has information on file available for prospective buyers to review. Buyer to perform all due diligence and obtain any required approvals. The property is currently improved with the adjacent home's private pool, which would need to be removed in order to pursue future development. **Taxes and lot dimensions are unknown. Same tax as ID as 1533 Teal Drive as it currently are listed under one parcel in SDAT** 1533 Teal Dr is currently listed as MLS# MDWO2036512.

Whether held for future use or explored as part of a long-term investment strategy, this property offers a truly rare land opportunity in one of Ocean City's most exclusive residential communities.

Location

State MD

County Worcester

Area Bayside Interior (83)

Zoning R-1

Interior

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Building

Lot Dimensions 0.00 x 0.00

Sewer Public Sewer

Water Public Hook-up Available

Schools

Elementary Schools Ocean City

Middle Schools Stephen Decatur

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Tax Amount $9,813

Tax Year 2026

Tax ID 2410040124

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Horse Property N

Special Sale Standard

Bright MLS (BMLS)
Listed by Brittani Phillips • ERA Martin Associates, Shamrock Division

Nearby Locations

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