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  • $460,000

    505 Penguin Dr UNIT 8, Ocean City, MD 21842

    2beds
    1,033sqft
    Townhouse
    Built in 1981
    -- sqft lot
    $468,500 Zestimate®
    $445/sqft
    $283/mo HOA

    What's special

    This meticulously maintained two-story waterfront townhome offers the ultimate coastal living experience with direct canal access and a 7,000lb boat lift. This beautifully remodeled 2BR unit features tasteful coastal décor and paint colors, creating a bright and airy ambiance that complements its serene surroundings. Enjoy the privacy of a townhome with no shared walls above or below, offering a quiet and peaceful retreat. Fully furnished with only a few exclusions, this home is truly turn-key, allowing you to move in and start enjoying the waterfront lifestyle right away. The updates include newer cabinetry, countertops, and appliances in the kitchen, composite decking on both the first and second-floor outdoor spaces, offering durability and low maintenance for years to come. The spacious outdoor living areas are perfect for dining, entertaining, or simply relaxing by the water. This townhome is part of a self-managed association with reasonable condo fees, ensuring that the property remains well-maintained and offering peace of mind for homeowners. The association owns the grassy lot across from the building, which is available for owners to park trailers and other items. You love this location, situated just a short distance to the beach, and offers easy access to the area's best amusements and great dining options. Whether you're looking to relax by the shore, explore local attractions, or enjoy a night out, this location is convenient to it all. Don't miss out on this opportunity to own an immaculate waterfront home with excellent boating access, modern conveniences, and plenty of outdoor space. Contact us today for a private tour and see why this townhome truly feels like home!

    Zillow last checked: 7 hours ago

    Listing updated: December 19, 2024 at 02:21am

    Listed by:

    Whitney Jarvis 443-944-3073,

    Coldwell Banker Realty

    Bought with:

    Unrepresented Buyer

    Unrepresented Buyer Office

    Source: Bright MLS,MLS#: MDWO2023568MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Ice Maker, Self Cleaning Oven, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater, ENERGY STAR Qualified Refrigerator, Electric Water Heater
    • Laundry: Main Level
    Features
    • Ceiling Fan(s), Combination Dining/Living, Open Floorplan, Primary Bedroom - Bay Front
    • Flooring: Ceramic Tile, Carpet
    • Windows: Window Treatments
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,033
    • Total interior livable area: 1,033 sqft
    • Finished area above ground: 1,033
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: General Common Elements, Paved, On Street, Off Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Entrance
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Balcony
    • Pool features: None
    • Has view: Yes
    • View description: Canal, Bay, Water
    • Has water view: Yes
    • Water view: Canal,Bay,Water
    • Waterfront features: Private Dock Site, Canal, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Boat - Powered
    • Frontage length: Water Frontage Ft: 15
    Lot
    • Features: Additional Lot(s)
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 10211751
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Brick, Frame, Stick Built, Vinyl Siding
    • Foundation: Crawl Space
    • Roof: Asphalt
    Condition
    • Excellent
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Ocean City
    • Subdivision: Mallard Landing
    • Municipality: Ocean City

    HOA & financial

    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Reserved/Assigned Parking, Boat Dock/Slip
    • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Pier/Dock Maintenance, Reserve Funds
    • Association name: Mallard Landing
    Other fees
    • Condo and coop fee: $3,400 annually

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    Services availability
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    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $468,500
    2% more+ $9,370
    With Zillow Showcase(estimated)
    $477,870