Ocean City, MD 21842 1546 Teal Dr
$15,000,000



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Presented By: Berkshire Hathaway HomeServices PenFed Realty
Home Details
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.
Presented By: Berkshire Hathaway HomeServices PenFed Realty
Interior Features for 1546 Teal Dr
Bedrooms
Bedrooms Count All Upper Levels3
Bedrooms Count Upper Level 13
Main Level Bedrooms1
Total Bedrooms4
Bathrooms
Bathrooms Full Upper Level 13
Bathrooms Full All Upper Levels3
Bathrooms Count Upper Level 13.00
Bathrooms Count All Upper Levels3
Total Baths5
Other Interior Features
LivingAreaSourceEstimated
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area5000
Above Grade Finished Area SourceEstimated
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Below Grade Finished Area0
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NYes
Fireplace FeaturesGas/Propane
Fireplace Y/NYes
FlooringCarpet, Ceramic Tile, Wood
Heating FuelElectric, Propane - Metered
Heating Y/NYes
Hot WaterPropane, Electric
Interior AmenitiesAdditional 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, Combinatio
Laundry TypeMain Floor
Total Fireplaces1
Window FeaturesDouble Hung, Double Pane, Energy Efficient, ENERGY STAR Qualified, Screens, Skylights, Casement, Sliding, Wood Frame
General for 1546 Teal Dr
AccessibilityNone
AppliancesCommercial Range, Cooktop, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Oven/Range - Gas, Washer, Water Heater
Architectural StyleCape Cod, Coastal
Bathrooms Count Main Level2.00
Bathrooms Full Main Level2
Body of WaterSinepuxent Bay
Building NameNONE AVAILABLE
CityOCEAN CITY
Condo/Coop Association fee Y/NNo
Construction MaterialsCombination, Cedar
Cool FuelElectric
CoolingCentral A/C
CountyWORCESTER
DirectionsFrom Coastal Highway, turn bayside at 15th Street and proceed onto Mallard Island. Continue on Teal Drive to the gated entrance for Goose Island.
ExclusionsPrimary bedroom and sitting room drapes, six chandeliers and two wall sconces
Federal Flood ZoneAE
Full Baths5
Garage Spaces2.00
Garage Y/NYes
HOANo
HeatingCentral
Home Warranty Y/NNo
Legal SubdivisionMallard Island
Levels2
Living Area5000
Location TypeBayfront
Lot Size Square Feet137649.60
Lot Size UnitsSquare Feet
MLS AreaBayside Waterfront (84)
MunicipalityOcean City
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Patio/Porch FeaturesDeck(s), Balcony, Porch(es), Patio(s), Wrap Around
Pool FeaturesIn Ground
PossessionSettlement
Price Per Sq Ft Total AG3000.0
Property ConditionExcellent
Property TypeResidential
RoofArchitectural Shingle, Other
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
Security Features24 hour security, Security System, Surveillance Sys
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Subdivision NameNONE AVAILABLE
Tax Annual Amount21814.99
Tax Assessed Value1694200.0
Tax Year2025
Total SQFT5000
UtilitiesAbove Ground, Cable TV, Propane
Vacation Rental Y/NNo
ViewBay, City, Panoramic, Water
Virtual TourClick here
Water Access Y/NYes
Waterfront FeaturesPrivate Dock Site, Rip-Rap, Sandy Beach
Year Built1981
Year Built SourceEstimated
ZoningR-1
Exterior for 1546 Teal Dr
# of Attached Garage Spaces2
Dock Type and FeaturesAgainst Bulkhead Only (Lateral), Hoist/Lift Electric, Private, Storage Area, Sun Deck
Dock/Slip Conveys YNYes
Door FeaturesENERGY STAR Qualified Door(s), French, Insulated, Sliding Glass
Exterior AmenitiesPrivate Beach
FencingVinyl
Foundation DetailsCrawl Space, Pilings, Other
Garage FeaturesGarage - Front Entry
InclusionsAll teak deck and yard furniture, four deck umbrellas and weights, garage freezer, garage refrigerator, kayak, canoe, and stand-up paddle board (SUP) storage rack, all tv's, blinds and drapes
Land Assessed Value0.00
Land Use CodeR
Lot Dimensions0.00 x 0.00
Lot FeaturesBulkheaded, Fishing Available, Landscaping, Marshy, Rip-Rapped, Tidal Wetland
Lot Size Acres3.16
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NYes
Number of Docks5+
Number of Slips5+
Parking FeaturesAsphalt Driveway
PoolYes - Personal
Total Parking Spaces12
Type of ParkingAttached Garage, Driveway
Water Access FeaturesBoat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Private Beach
Water Body TypeBay
Water Oriented Y/NYes
Water SourcePublic
Water View Y/NYes
Waterfront Y/NYes
Additional Details
Price History
Schools
Middle School
Stephen Decatur Middle School
High School
Stephen Decatur High School
Elementary School
Ocean City Elementary School
Len Langham Roof
Agent
Price
$15,000,000
MLS#MDWO2038582
List Date
06/09/2026
Property Type
Single Family
Phone
(817) 819-3338
SQFT • 5,000