1546 TEAL DR, OCEAN CITY, MD 21842 - PenFed Realty Mid-Atlantic

$15,000,000

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,… Read More 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. Read Less

Courtesy of Mechelle Nichols, Berkshire Hathaway HomeServices PenFed Realty 410-524-7000

Listing Snapshot

Days Online

Last Updated

Jul 28, 2026

Property Type

Single Family Residential

Beds

Full Baths

Square Ft.

5,000

Lot Size

3.16 Acres

Year Built

1981

MLS Number

MDWO2038582

Additional Details

Appliances & Equipment

Commercial Range, Cooktop, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Oven/Range - Gas, Washer, Water Heater

Building

Built in 1981, Built in 2005 (effective), Living area: 5000, Levels: 2, Construction Materials: Combination, Cedar

Cooling

Central A/C

Doors

ENERGY STAR Qualified Door(s), French, Insulated, Sliding Glass

Accessibility Features

None

Exterior Features

Patio/Porch Features: Deck(s), Balcony, Porch(es), Patio(s), Wrap Around, Private Beach

Fence

Vinyl

Fireplaces

1 fireplace, Gas/Propane

Floors

Carpet, Ceramic Tile, Wood

Foundation

Crawl Space, Pilings

Garage

2 spaces

Heating

Central

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

Lot

3.16 acres, Dimensions: 0.00 x 0.00, Bulkheaded, Fishing Available, Landscaping, Marshy, Rip-Rapped, Tidal Wetland

Parking

Asphalt Driveway

Pool

In Ground

Property

Excellent, Other structures: Above Grade, Below Grade, Bay, City, Panoramic, Water

Roof

Architectural Shingle

Security Features

24 hour security, Security System, Surveillance Sys

Sewer

Public Sewer

Taxes

Annual Amount: $21,815, Year: 2025, Zoning: R-1

Utilities

Above Ground, Cable TV, Propane, Water Source: Public

Water Features

Water Body Name: Sinepuxent Bay, Private Dock Site, Rip-Rap, Sandy Beach

Windows

Double Hung, Double Pane, Energy Efficient, ENERGY STAR Qualified, Screens, Skylights, Casement, Sliding, Wood Frame

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1546 TEAL DR

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