12217 Ocean Gateway

Ocean City, MD 21842 View Map $832,000 Ask a Question
Beds5
Baths3
Sq.Ft.4,679
Year1950
PHOTOS & DETAILS: 12217 Ocean Gateway, Ocean City, MD 21842 For Sale - MLS #MDWO2013870 - Photos, Virtual Tour, School Info - Real Estate Listing Info Photo 1
PHOTOS & DETAILS: 12217 Ocean Gateway, Ocean City, MD 21842 For Sale - MLS #MDWO2013870 - Photos, Virtual Tour, School Info - Real Estate Listing Info Map

Dustin Oldfather

(302) 260-2000

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Status: Sold
Property Type:Detached
MLS #:MDWO2013870
Sq. Feet:4,679
Date Sold:8/11/2023
Lot Size:0.7 Acres
County:Worcester

Listing Office

Office:Coldwell Banker Realty
MAJOR PRICE REDUCTION! SELLERS ARE MOTIVATED!!! Property sold AS IS. Rare opportunity to own a one-of-a-kind property that offers so many possibilities in a desired West OC location. Over 445 ft of water frontage including a private boat ramp, private dock, and one of the few original boat houses in the area. The property also features a 5 BD/3 BA farmhouse, with 2 fireplaces, and a detached 1500 sq ft office building with 1BA, ample parking, and water views from almost every room. Office HVAC was replaced in 2021. The main level offers a large farmhouse kitchen with a fireplace, island, and water views. The dishwasher and refrigerator were replaced in 2022. A master bedroom suite is located on the main and the family room has exposed beams and a fireplace. A large laundry/mudroom with a new washer and dryer was purchased in 2023. The kitchen, dining room, family room, and master have hardwood floors. Upstairs is an additional ensuite master bedroom with cathedral ceilings, walk-in closets, and a private balcony overlooking the water. There are 3 additional bedrooms and a bath with a skylight upstairs. The roof on the farmhouse is approx. 10 years old and the crawl space is encapsulated. The detached office has additional attic storage. A water softener system for the house was added in 2022. This property offers something for everyone. Enjoy beautiful sunrises, boating, fishing, or kayaking. The possibilities are unlimited! Park your boat or jet skis out back and head out to all that OC has to offer within minutes. Opportunity for your business next door to your home! Potential for personal, rental, or professional business use! Office building could be repurposed for flex space, home gym, studio, workshop, AirBNB, In-law suite, or rental. Ease of access as the property has its own turn lane on RT 50 eastbound. Live in the main house or use some (or ALL) of the bedrooms as a rental investment, right as we approach peak rental season! With some TLC, this property will shine. Located just minutes away from Ocean City and Assateague beaches. This iconic West Ocean City property will not last long.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
6/13/2023$1,200,000$1,100,000-8.3%
6/28/2023$1,100,000$999,990-9.1%
8/11/2023$999,990$832,000-16.8%

Community Information

Address:12217 Ocean Gateway, Ocean City, MD 21842
Area:West Ocean City (85)
County:Worcester
Body of Water (Name):Herring Creek
Subdivision:West Ocean City
Zip Code:21842
Neighborhood:WEST OCEAN CITY
Building:None Available

School Information

School District:Worcester County Public Schools
High School:STEPHEN DECATUR
Middle School:BERLIN INTERMEDIATE SCHOOL
Elementary School:OCEAN CITY

Architecture

Bedrooms: 5
Bathrooms: 3
Year Built:1950
Stories:2
Style:Farmhouse/National Folk,Coastal
Construction: Frame, Stick Built, Vinyl Siding
Year Renovated: 1998
Roof: Asphalt
Foundation: Block, Crawl Space, Flood Vent

Features / Amenities

Interior Features: Attic, Attic/House Fan, Carpet, Cedar Closet(s), Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Island, Kitchen - Table Space, Pantry, Sauna, Recessed Lighting, Skylight(s), Soaking Tub, Store/Office, Stall Shower, Stove - Pellet, Tub Shower, Wainscotting, Walk-in Closet(s), Water Treat System, Wood Floors
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Oven - Double, Oven - Self Cleaning, Stainless Steel Appliances, Water Conditioner - Owned, Water Heater, Washer - Front Loading
Flooring: Carpet, Hardwood, Vinyl
Main Level Bedrooms: 1
Fireplace: Brick, Stone, Fireplace - Glass Doors, Insert, Mantel(s)
Exterior Features: Boat Storage, Street Lights, Sidewalks, Outbuilding(s)
Patio And Porch: Balcony, Deck(s), Porch(es), Screened
Fencing: Vinyl
Dock: Against Bulkhead Only (Lateral), Material - Treated Lumber
Security System: Carbon Monoxide Detector(s), Smoke Detector
Sub Structure Types: Above Grade, Below Grade
Cooling: Ceiling Fan(s), Central A/C
Cooling Fuel: Electric
Heating: Heat Pump(s)
Heating Fuel: Propane - Owned, Wood, Electric
Hot Water: Electric

Square Footage

Finished Sq. Ft.
Above Grade 4679
Below Grade 0
Total 4679

Property Features

Lot Size: 0.7 Acres
Lot Dimensions:0.00 x 0.00
Water Access: Canoe/Kayak, Fishing Allowed, Boat - Powered, Private Access, Personal Watercraft (PWC)
Location: Creek/Stream
Parking: Asphalt Driveway, Lighted Parking, Private, Secure Parking
Parking Types: Driveway, Parking Lot
Driveway - # of Spaces: 4
Parking Lot - # of Spaces: 10
View: Creek/Stream, Trees/Woods, Street, Water
TV/Cable/Com: Cable TV Available, Natural Gas Available, Propane
Sewer: Septic Exists
Water: Well
Dock Conveyance: Exclusive Use
Zoning:R-1
Directions:Eastbound RT 50 at Herring Creek; driveway on the right. The property has a turn lane from RT 50 .

Tax and Financial Info

Total Taxes: $5,363 (paid Annually)
Tax Year: 2022
New Financing: Conventional
Ownership Type: Fee Simple
Homeowners' Assoc.: No
County Tax Rate: $4,735.00 (Annually)
Acceptable Financing: Cash, Conventional

Schools

WALKING AND TRANSPORTATION

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Listing Information Last Updated 2/27/2024
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