503 S Surf Rd, Ocean City, MD 21842

$1,090,000
5
BD
3
BA
2,648
SqFt
List Price
$1,090,000
Days on Market
0
Status
ACTIVE
MLS#
MDWO2025930
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
2,648
Lot Size (Acres)
0.1
Year Built
1982
County
Worcester
Subdivision
Caine Woods

Property Description

Welcome to your dream home! This 4-bedroom, 3 full bath waterfront property on a serene lagoon has been recently remodeled in a modern style. Additionally, the sunroom has been converted into a spacious 5th bedroom. The home features recessed lighting, stylish light fixtures, and luxury vinyl plank flooring throughout. It has been freshly painted and offers fully remodeled kitchen, bathrooms, along with a new washer and dryer. A new water heater ensures comfort and efficiency. The kitchen is a chef’s delight, boasting a massive luxury quartz kitchen island perfect for entertaining, with plenty of seating around it. The upstairs living room is spacious, featuring a wood-burning fireplace, a 75’’ TV, a wet bar, and two large couches leading to a deck with breathtaking water views and sunsets. Upstairs, you’ll find three more beautifully remodeled bedrooms and full bathrooms. The primary bedroom is generously sized with numerous windows, offering plenty of natural light. The en-suite bathroom includes a walk-in tile shower with a luxurious rain showerhead. This home is fully furnished with modern style and high-quality furniture by Article. The 2-car garage has been converted into a recreation room, complete with games and entertainment options, and ample storage for beach chairs. The property generates a rental income of $75,000 during the season. Outdoor amenities include multiple decks, a boat dock for boats and jet skis, and easy access to the Bay. There are great options for expanding your space. Whether you’re considering purchasing the adjacent lots for $299,500 each, with fencing and mature landscaping, or building another home to create space for a pool or a yard, both choices offer exciting possibilities. Plus, this property is not in a flood zone. This is a must-see property! Don’t miss out on this incredible opportunity!

Additional Information

Area
Bayside Waterfront (84)
Annual Tax Amount
$7,830
Ownership Interest
Fee Simple
Interior Features
Bar, Bathroom - Walk-In Shower, Combination Kitchen/Dining, Kitchen - Island, Recessed Lighting, Window Treatments
Fireplaces
2
Flooring
Luxury Vinyl Plank
Garage Spaces
2
Heating
Heat Pump(s)
Cooling
Central A/C
Roof
Architectural Shingle
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Contact: (302) 539-1777