503 S Surf Road Ocean City, MD 21842

5 Beds
3 Baths
2,648 Sqft
4,356 Sqft lot
0.10 Acre lot
Status: Active
Property Type: Single Family Residential
Year Built: 1982
Neighborhood: Caine Woods
Days on Website: 48

Courtesy of Inese DONOFRIO, Coldwell Banker Realty inesa.donofrio@cbmove.com

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!

Open House

Property Details and Features

  • 3 total bathrooms
  • 1 bathroom on all lower levels
  • 2 bathrooms on main level
  • 3 full bathrooms
  • 2 full bathrooms on main level
  • 5 bedrooms
  • 4 bedrooms on main level
  • 2,648 sqft living area
  • 2,648 sqft above grade (finished)
  • Built in 1982
  • Structure Type: Detached
  • Wall & Ceiling Types: Dry Wall
  • 2 levels
  • Coastal
  • Frame
  • Central Air
  • Electric
  • Central A/C
  • 2+ Access Exits
  • 2 fireplaces
  • Luxury Vinyl Plank
  • Crawl Space
  • 2 garage spaces
  • Electric
  • Heat Pump(s)
  • Bar
  • Bathroom - Walk-In Shower
  • Combination Kitchen/Dining
  • Kitchen - Island
  • Recessed Lighting
  • Window Treatments
  • 41 days on market
  • $412 per sqft
  • Property SubType: Single Family Residential
  • Municipality: Ocean City
  • County: Worcester
  • MLS Area: Bayside Waterfront (84)
  • Subdivision: Caine Woods
  • 4,500 sqft
  • Lot Size Dimensions: 0.00 x 0.00
  • 0.1 acres
  • Other Structures: Above Grade,Below Grade
  • Architectural Shingle
  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Public Sewer
  • City/Town Tax: $2,476
  • City/Town Tax Pymnt Freq: Annually
  • County Tax: $4,727
  • County Tax Pymnt Freq: Annually
  • Tax Annual Amount: $7,830
  • Tax Year: 2024
  • Hot Water: Electric

This content last updated on November 15, 2024 1:02PM.