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1546 Teal Dr photo 1
for saleNew — 5d on market
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$15,000,000

1546 Teal Dr,Ocean City, MD 21842
4
beds
5
baths
5,000
sqft
1981
built

Overview

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,...

Listing updated: July 7, 2026 at 3:28 PM

Listed by:

Mechelle Nichols (410) 430-1575, Berkshire Hathaway HomeServices PenFed Realty

Source: Bright MLS · MLS #MDWO2038582Bright MLS

Property details

Your cost estimate

Est. monthly payment

$85,449/mo
Principal & interest
$78,631
Property tax
$1,818
Home insurance (est.)
$5,000

Down payment

$3,000,00020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($3,000,000), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Personalized Mortgage Summary

Price history

DateEventPrice
Jun 9, 2026Listed for sale$15,000,000

Location

1546 Teal Dr, Ocean City, MD 21842

Nearby schools

School district: Worcester County Public Schools

Ocean City

Elementary School

Stephen Decatur

Middle School

Stephen Decatur

High School

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

$85,449/mo

Est. · $15,000,000 list

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: 7/16/2026.