1546 Teal Dr, Ocean City, MD 21842
Local realty services provided by:Better Homes and Gardens Real Estate Premier
Listed by: mechelle nichols
Office: berkshire hathaway homeservices penfed realty
MLS#:MDWO2038582
Source:BRIGHTMLS
Price summary
- Price:$15,000,000
- Price per sq. ft.:$3,000
About this home
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....
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Home facts
- Year built:1981
- Listing ID #:MDWO2038582
- Added:55 day(s) ago
- Updated:July 28, 2026 at 01:57 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Carpet, Ceramic Tile, Wood
- Dining Description:Combination Dining/Living, Combination Kitchen/Dining, Dining Area
- Kitchen Description:Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Combination Kitchen/Living, Commercial Range, Cooktop, Crown Moldings, Dishwasher, Disposal, Extra Refrigerator/Freezer, Kitchen - Island, Oven/Range - Gas, Recessed Lighting, Water Heater
- Bedroom Description:Carpet, Entry Level Bedroom, Primary Bedroom - Bay Front, Walk In Closet(s)
- Living area:5,000 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Electric, Propane - Metered
Structure and exterior
- Roof:Architectural Shingle
- Year built:1981
- Building area:5,000 sq. ft.
- Lot area:3.16 Acres
- Lot Features:Bayfront, Bulkheaded, Fishing Available, Landscaping, Marshy, Rip-Rapped, Tidal Wetland
- Architectural Style:Cape Cod, Coastal
- Construction Materials:Cedar, Combination
- Exterior Features:Balcony, Deck(s), Patio(s), Porch(es), Private Beach, Wrap Around
- Foundation Description:Crawl Space, Pilings
- Levels:2 Stories
Schools
- High school:STEPHEN DECATUR
- Middle school:STEPHEN DECATUR
- Elementary school:OCEAN CITY
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$15,000,000
- Price per sq. ft.:$3,000
- Tax amount:$21,814 (2025)
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:24 hour security, Above Ground Utilities, Attic, Built-Ins, Cable TV, Carpet, Ceiling Fan(s), Crown Moldings, Double Hung Windows, Double Pane Windows, Exposed Beams, Primary Bedroom - Bay Front, Recessed Lighting, Security System, Skylight(s), Sliding Windows, Sound System, Spiral Staircase, Sprinkler System, Surveillance Sys, Window Treatments
- Pool features:In Ground
Parking
- Parking description:Asphalt Driveway, Attached Garage, Garage - Front Entry
- Garage:Yes
- Garage spaces:2
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