1546 Teal Dr
Ocean City, MD 21842
For more information on this listing, contact us at: (443) 552-7579
Active
$15,000,000
1546 Teal Dr Ocean City, MD 21842
Single Family Home
Property Type
4
Beds
5
Baths
5,000
Sq. Ft.
1981
Year Built
Worcester
County
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.
MLS #
MDWO2038582
Monthly HOA
N/A
On Site
17 Days
Last Updated
7/7/2026
Location
Contact Agent
Client Care Team
(443) 552-7579Property Details
Community Information
School Information
School System
Worcester County Public Schools
High School
Stephen Decatur
Middle School
Stephen Decatur
Elementary School
Ocean City
Architecture
Bedrooms
4
Bathrooms
5
Year Built
1981
Stories
2
Style
Cape Cod, Coastal
Construction Materials
Combination, Cedar
Roof
Architectural Shingle
Foundation
Crawl Space, Pilings
Features / Amenities
Interior Features
Additional Stairway, Attic, Bathroom - Jetted Tub, Bathroom - Walk-In Shower, Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Kitchen - Island, Primary Bedroom - Bay Front, Recessed Lighting, Skylight(s), Sound System, Spiral Staircase, Sprinkler System, Walk-in Closet(s), Window Treatments, Wood Floors
Appliances
Commercial Range, Cooktop, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Oven/Range - Gas, Washer, WaterHeater
Fireplace Features
Gas/Propane
Floor
Carpet, CeramicTile, Wood
Exterior Features
Private Beach
Patio And Porch
Deck, Balcony, Porch, Patio, WrapAround
Pool
InGround
Garage Features
Garage - Front Entry
Type of Parking
Attached Garage, Driveway
Garage (# of Spaces)
2
Dock Type Features
Against Bulkhead Only (Lateral), Hoist/Lift Electric, Private, Storage Area, Sun Deck
Cooling
Central A/C
Heating
Central
Hot Water
Propane, Electric
Property Features
Lot Size
137,650 Sq. Ft. / 3.16 Acres
Lot Dimensions
0.00 x 0.00
Lot Description
Bulkheaded, Fishing Available, Landscaping, Marshy, Rip-Rapped, Tidal Wetland
Waterfront Features
Private Dock Site, Rip-Rap, Sandy Beach
Water Body Type
Bay
View
Bay, City, Panoramic, Water
Driveway - # of Spaces
10
Utilities
Above Ground, Cable TV, Propane
Sewer
Public Sewer
Water Source
Public
Dock Conveyance
Deeded
Municipality
Ocean City
Zoning
R-1
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.
Tax and Financial Info
Tax Year
2025
Total Taxes
$21,814.99 (paid Annually)
Condo Association
No
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Listing Information Last Updated 7/7/2026
Listing provided courtesy of Mechelle Nichols, Berkshire Hathaway Homeservices Penfed Realty.
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Copyright 2026 Bright MLS. All rights reserved.
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2026 Bright MLS. All rights reserved.