150 CAPTAINS QUARTERS RD Ocean City, MD 21842
3 Beds
3 Baths
1,152 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,152 sqft
Price per Sqft $243
Subdivision None Available
MLS Listing ID MDWO2041328
Style Coastal
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,152
Year Built 1982
Annual Tax Amount $4,465
Tax Year 2026
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
And for the right buyer, that's what's so exciting! ----
Priced at **$280,000**, 150C Captains Quarters Road isn't being sold as a finished Ocean City beach house. It's being sold as the opportunity to reimagine and create your own dream-home... inside an existing WATERFRONT, END-UNIT townhome where some of the hardest and most expensive pieces of the equation are already sitting right in front of you. ----
Start with the real estate itself. This is fee-simple ownership with **NO condo fees and NO HOA**, subject only to recorded covenants and restrictions that run with the deed. You own the townhome, two parking spaces, and your waterfront boat slip with an electric lift. No separate slip lease. No monthly condo fee.. If boating is part of why you're buying in Ocean City, the value here is evident. ----
The approximately 1,200-square-foot home was originally configured as a 3-bedroom, 2.5-bath beach house. Last winter, a water-main leak caused interior damage. The property was professionally remediated by a licensed local remediation company, with corresponding remediation certifications and inspection documentation available for review at contract. ----
What remains today is essentially the shell of that home. Interior finishes have been removed, leaving a bare-bones, stick-frame interior ready for reconstruction.
Read that however you'd like.....Yes, it means there's work to do. A LOT of it. ----
It also means you're not paying for somebody else's kitchen before tearing it out. You're not deciding which flooring you can tolerate for another five years. And you're not spending your first weekend removing bathrooms you never liked in the first place. You're starting with an established waterfront structure and getting the unusual opportunity to decide what goes back inside it. ----
Outside, the story is considerably more complete. The exterior remains intact, this is an END UNIT, and your private boat slip with electric lift sits right outside. From here you have full boating access to the bay with no bridge-height restrictions, whether the plan involves fishing, cruising, watersports, or simply having the boat waiting behind the house instead of somewhere else. ----
Then there's the location. Captains Quarters Road is tucked off Jamestown Road in North Ocean City, giving you the waterfront lifestyle without putting you far from the other reason you came here in the first place. The beach is nearby, along with North Ocean City's restaurants, shopping, entertainment, watersports and everyday conveniences. You're also positioned for easy access north toward Fenwick Island or south through the rest of Ocean City. ----
At **$280,000**, this isn't a conventional Ocean City listing... and it isn't intended for a conventional Ocean City buyer. ----
It's for someone who can look past what ISN'T here today and understand what already IS:
**Fee-simple waterfront ownership. No HOA. No condo fees. End-unit townhome. Approximately 1,200 square feet. An original 3BR/2.5BA footprint. Two parking spaces. Private boat slip. Electric boat lift. Full boating access. And a blank interior ready to become whatever comes next. ----**
The property is being sold strictly **AS-IS, WHERE-IS**. Due to its current condition, conventional financing offers will not be considered. **Cash and appropriate renovation/construction financing will be considered.** Buyers should perform their own due diligence regarding condition, reconstruction requirements, permits, financing, and intended use. ----
The seller anticipates significant interest and **multiple offers are expected**.
If this one makes sense to you, don't assume you'll get a second chance.
**Submit your highest and best offer.**
Location
State MD
County Worcester
Area Bayside Waterfront (84)
Zoning R-2
Interior
Hot Water None
Heating None
Cooling None
Fireplaces Number 1
Inclusions As Is
Furnishings No
Fireplace Y
Heat Source Electric
Laundry Hookup
Exterior
Garage Spaces 2.0
Parking On Site 2
Water Access Y
View City, Canal
Roof Type Architectural Shingle
Accessibility None
Total Parking Spaces 2
Garage N
Private Pool No
Building
Story 2
Foundation Block, Crawl Space
Above Ground Finished SqFt 1152
Sewer Public Sewer
Water Public
Architectural Style Coastal
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Worcester County Public Schools
Others
Pets Allowed Y
Senior Community No
Tax ID 2410232147
Ownership Fee Simple
SqFt Source 1152
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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