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116 78th StreetOcean City, MD 21842Price: $2,999,900

  • Price: $2,999,900
  • Est. Mortgage of $/month
  • 77 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.65% last updated on Aug 20, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $2,999,900List Price
  • 5,022Square Feet
Rare opportunity to own all three brand-new luxury townhomes in one of Ocean City's most desirable bayside locations. Offered together as a package, this unique investment includes three beautifully crafted residences, each featuring stunning bay views, high-end custom finishes, and thoughtful design throughout. Built by a respected local custom builder, every unit offers expansive living spaces, conditioned garages with striking glass garage doors, and water views from each unit. Located on a short bay block from the bay and an easy walk to the beach, owners and guests will appreciate access to a quieter, low-density stretch of shoreline without the crowds. The prime location places you close to restaurants, entertainment, shopping, and everything Ocean City has to offer while maintaining a more relaxed coastal atmosphere. With no HOA or condo fees, ownership is simple and cost-effective. The property also presents tremendous rental income potential-rent all three units or keep one for personal use while generating income from the other two. Whether you're seeking a premier investment property, family compound, corporate retreat, or luxury coastal getaway, opportunities like this are exceptionally rare. Three brand-new townhomes. Bay views from every unit. No HOA or condo fees. Endless possibilities.
Listed by Kevin E Decker of Coastal Life Realty Group LLC

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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More Info

Location Information

  • UsmAreaOcean City - Bayside Interior
  • ViewBay, Water

School Information

  • High SchoolStephen Decatur
  • High School DistrictWorcester County Public Schools
  • School District SourceListing Agent

Parking

  • Parking TypesDriveway, Attached Garage
  • Total Garage And Parking Spaces2

Location

  • Address116 78th Street
  • Building Number116
  • CountyWorcester
  • DirectionsCoastal Highway to 78th Street Bayside. Building is on Right.
  • In City Limits YNYes
  • IncorporatedcitynameOcean City
  • Living Area SourceAssessor
  • OC CrossStreet78
  • StateMD
  • SubdivisionNone Available
  • TownOcean City
  • Water Oriented YNYes
  • Zip21842

Property Information

  • Area Total5,022
  • Area Total SourceAssessor
  • Below Grade Area Total SourceAssessor

Basic Information

  • Broker NameCoastal Life Realty Group LLC
  • List Price$2,999,900
  • MLS Area MajorBayside Interior
  • MLS NumberMDWO2038992
  • MLS Property TypeResidential Income
  • Price Per Square Foot597
  • StatusACT
  • Units3

Basic Information

Property

  • Acreage0.14
  • Lot DescriptionCleared
  • Lot Dimensions SourceAssessor
  • Lot Size Dimensions0.00 x 0.00
  • Lot Size SourceAssessor
  • Lot Size Square Feet6,000
  • New Construction YNN
  • Property SubTypeTriplex
  • Road ResponsibilityPublic
  • ZoningR-2
  • Zoning DescriptionR2

Amenities

  • Accessibility AmenitiesOther
  • Other AmenitiesWater View
  • PoolNo Pool

Water Body

  • Water Body TypeBay
  • Water View YNYes

Other

  • View Count1

Tax Information

  • Assessment Year2026
  • City Town Tax$5,777
  • City Town Tax Payment FrequencyAnnually
  • County Tax$10,639
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$1,487,500
  • Tax Lot12
  • Tax Total Finished Sq Ft5,022
  • Tax Year2025
  • Taxes$17,878
  • Total Taxes Payment FrequencyAnnually

Building

  • Construction MaterialsFrame, Vinyl Siding
  • FoundationBlock
  • GarageYes
  • Garage Spaces2
  • Garage TypeGarage - Side Entry
  • Num Attached Garage Spaces2
  • Property StyleOther
  • Square Feet5,022
  • Structure Design TypeTwin/Semi-Detached
  • Three Bedroom Units3
  • Year Built2025

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat SystemHeat Pump(s)
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated August 23, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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