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1546 Teal Dr, Ocean City, MD 21842

$15,000,000
  • 1546 Teal Dr, Ocean City, MD 21842 Main Photo

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BEDS4 BATHS5 full SQUARE FEET5,000 MLS#MDWO2038582
STATUSACTIVE PROPERTY TYPEResidential - Single Family SCHOOLWORCESTER COUNTY PUBLIC SCHOOLS

Property Description

Private Island at 1546 Teal Drive, Ocean City, Maryland is a truly unique offering — the bay's only island estate. Included is an adjacent buildable waterfront lot just inside the entrance gates before crossing the private bridge. The improved .29-acre parcel features approximately 95 feet of bulkheaded shoreline with boardwalk, paved driveway, irrigation, and landscaping, offering flexibility for a future guest house or single-family residence, additional parking, or expanded waterfront enjoyment. Located off 15th Street in downtown Ocean City, the property offers seclusion and accessibility, 3 blocks to the Boardwalk and beach, minutes to the Ocean City Inlet and Assateague Island by boat, and a block from Harbor Island, home of the world-renowned White Marlin Open. Hidden behind a brick wall and accessed through a 6-foot gate, the arrival continues across a private 120-foot vehicular bridge from Mallard Island. The island encompasses more than 3 acres of native marshlands and coastal landscape with panoramic views of the open bay, the Rt. 50 Bridge to the south, Rt. 90 Bridge to the north, and the rare combination of breathtaking sunrises and sunsets across the water. Architecturally, the home is an iconic shingle-style residence inspired by Nantucket architecture, with exterior renovations and enhancements by renowned Lyman Perry Architects Ltd. of Nantucket, Massachusetts. The approximately 5,000-square-foot home features custom woodworking, Carlisle wide-plank hand-finished pine flooring, new Andersen doors throughout, approximately 3,250 square feet of wraparound decking, and expansive water views. Upon entering, a dramatic 24-foot atrium features a 12-foot by 15-foot overhead skylight and floor-to-ceiling Coral Rock fireplace feature connecting the surrounding living spaces. Designed to maximize open bay views throughout, the main living area features custom built-in cabinetry and flows into the separate dining and gathering spaces. The kitchen/family room creates an inviting area for entertaining, with custom solid birch painted cabinetry by Premier Cabinetry of New Holland, Pennsylvania, and a 5-foot by 8-foot teak island countertop. A custom wood spiral staircase provides secondary access between the main and upper levels. The main level also includes a home office with built-in cabinetry and pull-out file storage, plus an additional guest bedroom and full bath. Upstairs, an open bridge hallway overlooks the atrium while separating the primary suite from two guest bedroom suites. The four-room primary suite includes a bedroom retreat with bayfront deck, sitting/entertainment/dressing room with vaulted ceilings, custom cherry wood built-ins and four closets, en-suite bath with double vanity and dressing table, and a second dressing room with vaulted ceilings, four double-door deep closets, and an arched window with window seat dividing two built-in tall chests. Two additional bedrooms each feature en-suite baths and private decks. Outdoors, an island retreat features a pool and spa by Sea Glass Pools, expansive decking, gazebo bar with cabinetry and quartz countertops, full bath with shower, docking, 10,000-pound boat lift, and fish cleaning station. Significant recent investments include bulkhead improvements, reinforced helical pilings, bridge renovations, active security and surveillance systems, and maintained structural and mechanical systems. Surrounded by abundant birdlife and endless open-water vistas, this distinguished estate embodies timeless elegance.

1546 Teal Dr | MLS# MDWO2038582

This single family home located at 1546 Teal Dr, Ocean City, MD 21842 is currently listed for sale with an asking price of $15,000,000. This property was built in 1981 and has 4 bedrooms and 5 full baths with 5000 sq. ft. Teal Dr is located within the WORCESTER COUNTY PUBLIC SCHOOLS school district. Search Ocean City real estate on www.katiehallteam.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central A/C
Fireplaces: 1
Fuel Type: Electric, Propane - Metered
Garage: 2
Heating: Central
Home Style: Cape Cod, Coastal
Lot Size: 3.16 Acres
Roof Type: Architectural Shingle, Other
Stories: 2.0
Taxes: $21,814
Year Built: 1981

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Commercial Range, Cooktop, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Oven/Range - Gas, Washer, Water Heater
Building Name: NONE AVAILABLE
Exterior: Combination, Cedar
Exterior: Private Beach
Fencing: Vinyl
Fireplace: Gas/Propane
Flooring: Carpet, Ceramic Tile, Wood
Interior: 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
Lake Name: Sinepuxent Bay
Location: Bayfront
Lot: Bulkheaded, Fishing Available, Landscaping, Marshy, Rip-Rapped, Tidal Wetland
Lot Dimensions: 3.16 Acre(S)
Municipality: Ocean City
Parking Features: Asphalt Driveway
Parking Notes: 12 Total Parking Spaces
Sewer: Public Sewer
Special View Info: Bay, City, Panoramic, Water
SQFT Above Finished: 5000
SQFT Total Finished: 5000
Structure Type: Detached
Swimming Pool: In Ground
Total Garage/Parking Spaces: 12
Utilities: Above Ground, Cable TV, Propane
Water: Public
Water Access: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Private Beach
Waterfront: Private Dock Site, Rip-Rap, Sandy Beach
Windows: Double Hung, Double Pane, Energy Efficient, ENERGY STAR Qualified, Screens, Skylights, Casement, Sliding, Wood Frame

Local Schools

High School: STEPHEN DECATUR
Middle School: STEPHEN DECATUR
Elementary School: OCEAN CITY
School District: WORCESTER COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices PenFed Realty
Agency Phone: 4105247000

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Estimated Payment

$ 39,576.33 per month $33,383.50 Principal & Interest $1,817.83 Property Tax $4,375.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/10/2026. The listing information on this page last changed on 07/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/10/2026 3:12:40 AM EST) or Bright MLS (last updated Fri 07/10/2026 12:38:18 AM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Homesale Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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The Katie Hall and Amanda Stevens Team
Katie Hall, Amanda Stevens, Jennifer McDowell, Kyle Stively, Diane Boyd, Jason Williams 

309 West Fourth Street, Quarryville, PA 17566
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