Homes for sale - 505 PENGUIN DR #UNIT 8, Ocean City, MD 21842

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Paul Lott

paullott@kw.com +1(610) 812-7359

$ 472,900

Est. payment | -/mo

2 Beds

2 Baths

1,033 SqFt

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$ 472,900

Est. payment | -/mo

Save Virtual Tour

2 Beds

2 Baths

1,033 SqFt

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,033 sqft

Price per Sqft $457

Subdivision Mallard Landing

MLS Listing ID MDWO2023568

Style Side-by-Side

Bedrooms 2

Full Baths 1

Half Baths 1

Condo Fees $3,400/ann

HOA Y/N N

Abv Grd Liv Area 1,033

Originating Board BRIGHT

Year Built 1981

Annual Tax Amount $2,912

Tax Year 2024

Property Description

This meticulously maintained two-story waterfront townhome offers the ultimate coastal living experience with direct canal access and a 7,000lb boat lift. This beautifully remodeled 2BR unit features tasteful coastal décor and paint colors, creating a bright and airy ambiance that complements its serene surroundings. Enjoy the privacy of a townhome with no shared walls above or below, offering a quiet and peaceful retreat. Fully furnished with only a few exclusions, this home is truly turn-key, allowing you to move in and start enjoying the waterfront lifestyle right away. The updates include newer cabinetry, countertops, and appliances in the kitchen, composite decking on both the first and second-floor outdoor spaces, offering durability and low maintenance for years to come. The spacious outdoor living areas are perfect for dining, entertaining, or simply relaxing by the water. This townhome is part of a self-managed association with reasonable condo fees, ensuring that the property remains well-maintained and offering peace of mind for homeowners. The association owns the grassy lot across from the building, which is available for owners to park trailers and other items. You love this location, situated just a short distance to the beach, and offers easy access to the area's best amusements and great dining options. Whether you're looking to relax by the shore, explore local attractions, or enjoy a night out, this location is convenient to it all. Don't miss out on this opportunity to own an immaculate waterfront home with excellent boating access, modern conveniences, and plenty of outdoor space. Contact us today for a private tour and see why this townhome truly feels like home!

Location

State MD

County Worcester

Area Bayside Waterfront (84)

Zoning R-2

Direction North

Interior

Interior Features Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Primary Bedroom - Bay Front, Window Treatments

Hot Water Electric

Heating Heat Pump(s)

Cooling Ceiling Fan(s), Central A/C

Flooring Ceramic Tile, Carpet

Inclusions Furniture

Equipment Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater, ENERGY STAR Refrigerator

Furnishings Yes

Fireplace N

Appliance Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater, ENERGY STAR Refrigerator

Heat Source Electric

Laundry Main Floor

Exterior

Exterior Feature Balconies- Multiple

Garage Spaces 1.0

Amenities Available Common Grounds, Reserved/Assigned Parking, Boat Dock/Slip

Waterfront Description Private Dock Site

Water Access Y

Water Access Desc Canoe/Kayak,Fishing Allowed,Personal Watercraft (PWC),Private Access,Boat - Powered

View Canal, Bay, Water

Roof Type Asphalt

Accessibility Level Entry - Main

Porch Balconies- Multiple

Total Parking Spaces 1

Garage N

Building

Lot Description Additional Lot(s)

Story 2

Foundation Crawl Space

Sewer Public Sewer

Water Public

Architectural Style Side-by-Side

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Pets Allowed Y

HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Insurance,Pier/Dock Maintenance,Reserve Funds

Senior Community No

Tax ID 10-211751

Ownership Condominium

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Allowed Dogs OK, Cats OK

Listed by Whitney Jarvis • Coldwell Banker Realty

GET MORE INFORMATION

Paul Lott

CEO | REALTOR® | Lic# RS298201

paullott@kw.com

+1(610) 812-7359

151 Concord Pike Ste 102, Wilmington, DE, 19803

505 PENGUIN DR #UNIT 8 Ocean City, MD 21842

Paul Lott

Key Details

Location

Interior

Exterior

Building

Schools

Others

505 PENGUIN DR #UNIT 8