Top Eight Single-Family Waterfront Properties under $500,000
Don’t get me wrong, a half a million dollars is certainly a lot of money. But unfortunately, it’s not going to get you much in the way of waterfront properties in Worcester County. Trying to buy waterfront property in Ocean City and its surrounding areas on the cheap is very hard to come by unless you’re willing to do some major renos and possibly even tear a house down and start again. There are always a few gems out there though and I’ve done my best to come up with the top eight single family waterfront homes under $500,000. If you’re thinking that only eight properties are kind of random (and not ten), it’s only because there weren’t enough properties worthy of this list. And just as a disclaimer, not one of these listings is mine so you know I’m not being bias!
- 15 Driftwood Lane, Ocean Pines
While the waterfront is minimal, there is a finger pier out back of this beautifully renovated home in the Pines that will lead you wherever your heart desires – river, bay or ocean. There are two master suites in this house, one up and one down and you really can enjoy cooking (if that’s your thing) with all new appliances, cabinets and countertops in the state-of-the-art kitchen. Wrap around deck with a screened in porch, it’s a reasonably priced waterfront property offering everything the Eastern Shore is known for! Listed for $484,500.
- 8 W Mallard Drive, Ocean Pines
This house is really pretty cool. I mean if you’re okay with the fact that it’s a round house and almost every room on the inside of the house has some quirky shape because of the roundness of the outside. The whole thing is literally built like a storm shelter. Built with 6000 psi masonry construction, the property includes 3 bedrooms and 2.5 baths, a handful of upgrades and a one-car garage. One thing is for sure, you can catch a sunset off your large deck out back and throw a football quite easily in the oversized backyard (for Ocean Pines standards). Priced at $485,000.
- 10 Beach Court, Ocean Pines
This property has the waterfront, the private dock, TWO boat slips, a jet ski lift, a hot tub, an outdoor shower and even some very nice features on the inside (vaulted ceilings bringing in a ton of light!). What it lacks is some serious curb appeal, at least from the road. If you’re a Fixer Upper fan (yes, I’ve watched an episode from time to time), you just need to go a little Chip & Jo-Jo on this one to make it an absolutely amazing waterfront property, inside and out! The house has all the space you need – there are 6 bedrooms, 3.5 baths, 1st floor master, mudroom, 5 bedrooms with direct bathroom access, waterfront screened porch, 1st and 2nd floor deck, and an open concept living area perfect for a large family or entertaining. Listed at $474,900.
- 11200 Seabiscuit Lane #306, Berlin
Ok, so I know I said single-family homes under $500,000 but townhomes in my mind can be included in this and really if I didn’t include them, I wouldn’t have much of a list at all! I love the neighborhood of Glen Riddle – it’s got everything you need inside their private gates. You can watch both the sunrise and the sunset, you can eat at Ruth Chris if you’re craving a really great steak, you can swing the sticks in your backyard on one of two Glen Riddle golf courses and you are literally minutes from Ocean City beaches, Assateague, the Boardwalk and much more. This townhouse has over 2,500 square feet of living space featuring 4 bedrooms, 3.5 bathrooms, two living rooms, dining room, large kitchen with 42” custom cabinets and granite countertops, 2 Decks, Patio, Crown Molding, tile floors, custom wood floors, electric fireplace and open floorplan. It’s completely tricked out. A deeded boat slip can also be purchased separately with this unit and those are hard to come by in Glen Riddle. Listed at $369,900.
- 13411 Madison Ave. 2, Ocean City
This property features waterfront views from three stories of living located on the popular Fenwick waterway. Your address says Ocean City but there are no city taxes. A spacious deck leads to a deep-water boat slip w/lift. The kitchen has been completely remodeled offering numerous upgrades – granite, stainless appliances, cabinets (with lights), new floors & breakfast bar. The top floor boasts incredible views from a master suite that offers a custom tiled shower, skylights, storage, beverage fridge, extra insulation & private balcony overlooking the bay. Listed at $450,000.
- 13411 Madison Ave 5, Ocean City
In the same complex, Nantucket on the Bay, this property has slightly even better views and leads out to the open bay from the MD/DE thoroughfare waterway. A recently renovated 3-story waterfront townhome has a private boat slip, low-taxes and quick and easy access to all Ocean City and Fenwick has to offer. Price reduced $20,000 recently to $439,900.
- 2 Carriage Lane, Ocean Pines
The listing for this property says it’s REALLY on the water. Well that may be true, but it’s also REALLY blue. If you like the color blue (all shades!) then you’ll love this home too! The exterior is blue, and pretty much every room in the house is painted blue (including the kitchen). If you don’t like the color blue, just plan on painting every room in the entire house and you’ll get a pretty amazing waterfront property. Located at the intersection of 2 canals and overlooking a wide lagoon, this rancher is also on a large lot and quiet cul-de-sac. 128 ft. of bulkheaded water frontage, boat dock with boat lift. Large paved driveway offers plenty of parking. Lots of outdoor living with decks and pergola. Bright, sunny interior. New HVAC system in 2014. Listed at $474,900.
- 14 Fishing Creek Lane 1403, Ocean Pines
I cheated a bit on this one. It’s not a single-family house and its technically not even a townhouse, but I mean look at those views! Imagine the sunrises and sunsets from this property. This unit has never been rented and was used only occasionally as a second home. It features enough space to rival a single-family home with 3 bedrooms, 3 baths, and has the convenience of your own ELEVATOR! Hardwood floors, gas fireplace, and water views from every bedroom. A boat slip and lift in the protected marina are included in the list price. Just steps from the Ocean Pines Yacht Club, this property is convenient and complete. Listed at $479,900.