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12217 Ocean Gateway

OCEAN CITY, MD 21842

5 beds
3 baths
4,679 sqft
~3/4 acre lot
$177 per sqft
1950 build

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MAJOR PRICE REDUCTION! SELLERS ARE MOTIVATED!!! Property sold AS IS. Rare opportunity to own a one-of-a-kind property that offers so many possibilities in a desired West OC location. Over 445 ft of water frontage including a private boat ramp, private dock, and one of the few original boat houses in the area. The property also features a 5 BD/3 BA farmhouse, with 2 fireplaces, and a detached 1500 sq ft office building with 1BA, ample parking, and water views from almost every room. Office HVAC was replaced in 2021. The main level offers a large farmhouse kitchen with a fireplace, island, and water views. The dishwasher and refrigerator were replaced in 2022. A master bedroom suite is located on the main and the family room has exposed beams and a fireplace. A large laundry/mudroom with a new washer and dryer was purchased in 2023. The kitchen, dining room, family room, and master have hardwood floors. Upstairs is an additional ensuite master bedroom with cathedral ceilings, walk-in closets, and a private balcony overlooking the water. There are 3 additional bedrooms and a bath with a skylight upstairs. The roof on the farmhouse is approx. 10 years old and the crawl space is encapsulated. The detached office has additional attic storage. A water softener system for the house was added in 2022. This property offers something for everyone. Enjoy beautiful sunrises, boating, fishing, or kayaking. The possibilities are unlimited! Park your boat or jet skis out back and head out to all that OC has to offer within minutes. Opportunity for your business next door to your home! Potential for personal, rental, or professional business use! Office building could be repurposed for flex space, home gym, studio, workshop, AirBNB, In-law suite, or rental. Ease of access as the property has its own turn lane on RT 50 eastbound. Live in the main house or use some (or ALL) of the bedrooms as a rental investment, right as we approach peak rental season! With some TLC, this property will shine. Located just minutes away from Ocean City and Assateague beaches. This iconic West Ocean City property will not last long.

Listing courtesy of BRIGHT / Coldwell Banker Realty

Last checked: Checking… • Last updated Aug 11, 2023 •

MLS# MDWO2013870 —

The Building

Year Built:

1950
Year Built Source:

Assessor
Year Major Reno/Remodel:

1998
New Construction:

No
Construction Materials:

Frame, Stick Built, Vinyl Siding
Structure Type:

Detached
Architectural Style:

Farmhouse/National Folk, Coastal
Historic:

No
Levels:

2
Building Name:

None Available
Roof:

Asphalt
Door Features:

French, Sliding Glass, Storm
Security Features:

Carbon Monoxide Detector(s), Smoke Detector
Window Features:

Bay/Bow, Double Hung, Insulated, Skylights, Vinyl Clad, Wood Frame
Accessibility Features:

2+ Access Exits, Doors - Swing In, Level Entry - Main
Foundation Details:

Block, Crawl Space, Flood Vent, Other
Basement:

No
Building Winterized:

No
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished SqFt:

4679
Above Grade Finished SqFt Source:

Assessor
Below Grade Finished Area Units:

Square Feet
Below Grade Unfinished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor
Below Grade Unfinished SqFt Source:

Assessor
Tax Total Finished SqFt:

4679

Interior

Interior Features:

Attic, Attic/House Fan, Carpet, Cedar Closet(s), Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Island, Kitchen - Table Space, Pantry, Sauna, Recessed Lighting, Skylight(s), Soaking Tub, Store/Office, Stall Shower, Stove - Pellet, Tub Shower, Wainscotting, Walk-in Closet(s), Water Treat System, Wood Floors
Room Count:

14
Flooring Type:

Carpet, Hardwood, Vinyl
Fireplace:

Yes
Fireplaces:

2
Fireplace Features:

Brick, Stone, Fireplace - Glass Doors, Insert, Mantel(s)
Wall & Ceilings:

Dry Wall
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

4679
Living Area SqFt:

4,679 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Buyer Financing:

Conventional
Possession:

Settlement

Location

Directions:

Eastbound RT 50 at Herring Creek; driveway on the right. The property has a turn lane from RT 50 .
Latitude:

38.33942000
Longitude:

-75.13044000
Location Type:

Creek/Stream

The Property

Property Type:

Residential
Property Condition:

Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.70
Lot Size Source:

Assessor
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Lot SqFt:

30,328 Sqft
Additional Parcels:

No
Federal Flood Zone:

AE
Zoning:

R-1
View:

Creek/Stream, Trees/Woods, Street, Water
In City Limits:

No
Outdoor Living Structures:

Balcony, Deck(s), Porch(es), Screened
Other Structures:

Above Grade, Below Grade
Horse:

No
Water View:

Yes
Fencing:

Vinyl
Waterfront:

No
Water Oriented:

Yes
Water Access:

Yes
Water Access Features:

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

Herring Creek
Water Body Type:

Creek/Stream
Navigable Water:

Yes
Tidal Water:

No
Land Use Code:

RC
Ground Rent Exists:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

2410010055
Tax Year:

2022
Tax Annual Amount:

$5,363
Tax Assessed Value:

$585,100
Year Assessed:

2023
County Tax:

4735.00
Total Taxes Payment Frequency:

Annually

Beds

Bedrooms:

5
Bedrooms Main Level:

1
Upper Level Bedrooms:

4
Upper Level 1 Bedrooms:

4

Baths

Total Baths:

3
Full Baths:

3
Main Level Baths:

1.00
Main Level Full Baths:

1
Upper Level Full Baths:

2
Upper Level Total Baths:

2
Upper Level Total Baths:

2.00
Upper Level Full Baths:

2

The Listing

Close Sale Type:

Standard Sale
Buyer's Brokerage Compensation:

2%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

Ceiling Fan(s), Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Heat Pump(s)
Heating Fuel:

Propane - Owned, Wood, Electric

Utilities

Utilities:

Cable TV Available, Natural Gas Available, Propane
Sewer/Septic:

Septic Exists
Hot Water:

Electric
Water Source:

Well
Internet Services:

Cable

Appliances

Appliances:

Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Oven - Double, Oven - Self Cleaning, Stainless Steel Appliances, Water Conditioner - Owned, Water Heater, Washer - Front Loading

Schools

Elementary School:

Ocean City
Middle School:

Berlin Intermediate School
High School:

STEPHEN DECATUR
School District Name:

Worcester County Public Schools
School District Source:

Listing Agent

The Community

Subdivision Name:

West Ocean City
Senior Community:

No
Exterior Features:

Boat Storage, Street Lights, Sidewalks, Outbuilding(s)
Pool:

No Pool
Spa:

No
Docks:

1
Dock Type And Features:

Against Bulkhead Only (Lateral), Material - Treated Lumber
Dock/Slip Conveyance:

Yes
Dock/Slip Conveyance:

Exclusive Use
Slips:

1
Association Recreation Fee:

No
HOA:

No
Condo/Coop Association:

No

Parking

Total Garage and Parking Spaces:

14
Garage:

No
Type of Parking:

Driveway, Parking Lot
Parking Features:

Asphalt Driveway, Lighted Parking, Private, Secure Parking
Driveway - # of Spaces:

4
Parking Lot - # of Spaces:

10

Extra Units

Vacation Rental:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$304/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
8/11/23 Aug 11, 2023	Sold	BRIGHT	$832,000	-16.8%
7/16/23 Jul 16, 2023	Pending	BRIGHT	$999,990
6/28/23 Jun 28, 2023	Price Changed	BRIGHT	$999,990	-9.1%

House Sold on 8/11/2023

$832,000

Listing provided by broker:

Tina L Busko

Coldwell Banker Realty

(443) 856-2211

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Listing Courtesy of: BRIGHT and Coldwell Banker Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

12217 Ocean Gateway

OCEAN CITY, MD 21842