1531 Teal Dr, Ocean City, MD 21842

Ocean City
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
1531 Teal Dr,Ocean City, MD 21842
$409,000
  • 0.15 Acres
  • Lots / Land
  • Active
Listed by: brittani phillips
Office: era martin associates, shamrock division
MLS#:MDWO2036526
Source:BRIGHTMLS

Price summary

  • Price:$409,000

About this home

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

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Home facts

  • Listing ID #:MDWO2036526
  • Added:6 day(s) ago
  • Updated:March 06, 2026 at 02:40 PM

Structure and exterior

  • Lot area:0.15 Acres
  • Lot Features:Bayside

Schools

  • High school:STEPHEN DECATUR
  • Middle school:STEPHEN DECATUR
  • Elementary school:OCEAN CITY

Utilities

  • Water:Public Hook-up Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$409,000
  • Tax amount:$9,813 (2026)

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