1546 Teal Dr Ocean City, MD $ 10,995,000
1546 Teal Dr
$ 10,995,000
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1546 Teal Dr

Ocean City, MD, 21842
$ 10,995,000
Bedrooms4 Baths5.0 Sq 5,000

Monthly Estimate*

$ 67,698

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Single Family Home for sale in Ocean City, MD

for $10,995,000 with 4 bedrooms and 5 full baths. This 5,000 square foot home was built in 1981 on a lot size of 3.16.

Goose Island at 1546 Teal Drive, Ocean City, Maryland is a truly unique offering the bays only island estate. Located off 15th Street in downtown Ocean City, the property offers a remarkable balance of 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 Harbour Island, home of the world-renowned White Marlin Open. Hidden behind a brick wall extending along the property line and accessed through a 6-foot gate, the arrival experience continues across a private 120-foot vehicular bridge from Mallard Island. The island encompasses more than 3 acres of native marshlands and landscape with panoramic views of the open bay, the Rt. 50 Bridge to the south, the Rt. 90 Bridge to the north, and the rare combination of both breathtaking sunrises and sunsets across the water. Architecturally, the home is an iconic shingle-style residence. Inspired by Nantucket architecture, the residence underwent extensive exterior renovations and architectural enhancements under the direction of renowned Lyman Perry Architects Ltd. of Nantucket, Massachusetts, with Lyman Perry personally consulting on the estate. The approximately 5,000-square-foot home blends timeless design with exceptional craftsmanship, featuring custom woodworking, Carlisle wide-plank hand-finished pine flooring, new Andersen doors throughout, approximately 3,250 square feet of wraparound deck, and a resort atmosphere. Upon entering, a dramatic 24-foot atrium features an expansive 12-foot by 15-foot overhead skylight and a floor-to-ceiling 24-foot Coral Rock fireplace feature that anchors and connects the surrounding living spaces while filling the home with natural light. Designed to maximize open bay views throughout the home, the main living area features custom built-in cabinetry and entertainment center while flowing naturally into the separate dining and gathering spaces. The open-concept kitchen/family room floor plan creates an inviting living area designed for entertaining. Custom solid birch painted cabinetry by Premier Cabinetry of New Holland, Pennsylvania, includes a generous center island with a 5-foot by 8-foot teak countertop. A custom wood spiral staircase in the kitchen/family room provides secondary access to the upper level. The main level also includes a home office with built-in cabinetry and concealed pull-out file storage, along with an additional guest bedroom and full bath. Upstairs, an open bridge hallway overlooks the atrium and Coral Rock feature while separating the primary suite from two guest bedroom suites. The four-room primary suite consists of a bedroom retreat with access to a bayfront deck, a combined sitting, entertainment, and dressing room with vaulted ceilings, custom cherry wood built-ins and four closets, an en-suite bath with double vanity and dressing table, and a second dressing room featuring vaulted ceilings, four double-door deep closets, and an arched window with window seat dividing two built-in tall chests totaling 30 drawers. Two additional upstairs bedrooms each feature en-suite baths and private decks. Outdoors, the property transforms into an island retreat with a pool and spa by Sea Glass Pools, expansive decking, a large entertaining gazebo bar with cabinetry and quartz countertops, a full bath with shower, and protected docking facilities with parallel docking along approximately 1,600 feet of bulkhead, a 10,000-pound 2024 boat lift, and a fish cleaning station. Significant recent investments include bulkhead improvements, reinforced helical pilings, extensive bridge renovations, active security and surveillance systems, and meticulously maintained structural and mechanical systems. Surrounded by abundant birdlife including osprey, great blue herons, great white egrets, snowy egrets, mallards, and bald eagles, along with endless open-water vistas, Goose Island is a distinguished estate defined by timeless elegance.

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Single Family Coming Soon

Price

$ 10,995,000

Bedrooms

4

Full Bath

5

Property Type

Single Family

Taxes

$ 21,814

Style

Cape Cod,Coastal

Lot Size

3.16

Year Built

1981

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2038582

Features
General
Living Area 5000
Sewer Public Sewer
Heating Central
Cooling Central A/C
Utilities Above Ground Cable TV Propane
Possession Settlement
Roof Architectural Shingle Other
Appliances Commercial Range Cooktop Dishwasher Disposal Dryer Extra Refrigerator/Freezer Oven/Range - Gas Washer Water Heater
Zoning R-1
Garage Spaces 2.00
Patio/Porch Features Deck(s) Balcony Porch(es) Patio(s) Wrap Around
Architectural Style Cape Cod Coastal
Pool Features In Ground
Security Features 24 hour security Security System Surveillance Sys
Construction Materials Combination Cedar
School District WORCESTER COUNTY PUBLIC SCHOOLS
Exclusions Primary bedroom and sitting room drapes six chandeliers and two wall sconces
Year Built 1981
View Bay City Panoramic Water
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Ocean City
Waterfront Features Private Dock Site Rip-Rap Sandy Beach
Building Name NONE AVAILABLE
Accessibility None
County WORCESTER
New Construction N
Property Type Residential
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N Y
Water Access Y/N Y
Other Structures Above Grade Below Grade
Full Baths 5
Status COMING SOON
Directions From Coastal Highway turn bayside at 15th Street and proceed onto Mallard Island. Continue on Teal Drive to the gated entrance for Goose Island.
City OCEAN CITY
Body of Water Sinepuxent Bay
Senior Community Y/N N
MLS Area Bayside Waterfront (84)
Lot Size Units Square Feet
Lot Size Square Feet 137649.60
Tax Annual Amount 21814.99
Home Warranty Y/N N
Property Condition Excellent
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 2199.0
Vacation Rental Y/N N
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