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Listed price in listed location currency (USD).
$409,000

000

MLS® MDWO2036526

  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage No
Taxes $9,813
Days Active 7
Lot Size 0.15 acres
Approx. Age 
MLS® Number MDWO2036526

Property Address: 1531 Teal Dr, OCEAN CITY, MD, 21842-5510

Average square foot calculated using Size range provided by listing agent.

Description

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 parcel in SDAT** 1533 Teal Dr is currently listed as MLS# MDWO2036512. Whether held for future use or explored as part of a long-term investment strategy, this property offers a truly rare land opportunity in one of Ocean City’s most exclusive residential communities.
MLS® NumberMDWO2036526
Laundry Level
Central VacNo
FireplaceNo
Acreage0.15
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 27, 2026List Date
$409,000List Price
  • Commute

Commute

Starting Address
Destination Address
1531 Teal Dr, OCEAN CITY, MD

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