2 years on rocket

4306 Coastal Hwy, Ocean City, MD, 21842

$1,950,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
3,448 SqFt
$566/SqFt
House
Schools Nearby

Location

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4306 Coastal Hwy, Ocean City$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAsphalt Driveway, Driveway, Off Street, Parking Lot
Year Built1989
HeatingHeat Pump
CoolingCentral Air
MLS #MDWO2007424
Lot Size0.16 Acres
StatusActive
(ACTIVE)

About 4306 Coastal Hwy

Don't miss out on this extraordinary and rare opportunity to own 3 lots in the coveted Ocean City! This exclusive package includes two stunning homes nestled on three lots on the ocean block of 43rd street, offering abundant parking space. The main residence at 4306 Coastal Hwy is a gem, featuring 3,448 sq ft, 3 bedrooms, 2 baths, and a spacious open dining and living area that seamlessly connects to a modern kitchen. Enjoy the bright and welcoming atmosphere, relax on the expansive front and back decks, and revel in the ocean breeze. With a 2-car garage, asphalt driveway, and a roof that's just about 5 years old, this home is not only beautiful but also well-maintained. What makes this opportunity truly exceptional is the zoning of the first floor as R-3, currently utilized as a dental office. This opens up possibilities for savvy buyers, whether you're a business owner looking for a prime location or seeking additional rental income. The charming "Cottage" at 4302 Coastal Hwy completes the package with its Ocean City flair. Boasting 3 bedrooms, 2 baths, and a finished loft, this home is perfect for creating lasting memories. The fully fenced backyard, paved for easy maintenance, invites summer cookouts, and the outdoor shower provides a refreshing post-beach rinse. Take advantage of the large shed for storing all your beach essentials and the tree fort for endless enjoyment, whether you're young or just young at heart. This is more than a real estate opportunity; it's a chance to invest in a lifestyle of coastal luxury. Act now and make this remarkable Ocean City haven yours! Rental potential of $50k plus. Live in one and rent the other. **Please note: 4302 Coastal Hwy is also available for sale separately under MLS MDWO2007426**

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1989
  • Stories: 2
  • Living Area: 3,448 SqFt

Listing Office:

  • Office Name: Coastal Life Realty Group LLC
  • Office Phone: (443) 235-8382
  • Listing Agent: Deeley Chester

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven, Washer
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior: Attic, Primary Bath(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Flood Lights

Parking Information:

  • Parking: Asphalt Driveway, Driveway, Off Street, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Stephen Decatur High School, Public District Grades 9-12
  • Stephen Decatur Middle School, Public District Grades 7-8
  • Berlin Intermediate School, Public District Grades 4-6
  • Ocean City Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Head North On Coastal Hwy. Make A Right Onto 43rd St. Properties Are On Your Left.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $566/SqFt
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Housing Market Comparison

See how this home compares to others in Ocean City, MD.

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Ocean City, MD

City

Med. Sold Price

$439.4K

Med. Price/SqFt

$431

Avg. Days On Market

50

# of Sold Homes

98

4306 Coastal Hwy vs Ocean City

735 DAYS ON ROCKET

+685 Days

$1,950,000

+$1.5M More

$566/SqFt

+$134 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $134/SqFt more than other homes in Ocean City, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWO2007424

Listing Office:

  • Office Name: Coastal Life Realty Group LLC
  • Office Phone: (443) 235-8382
  • Listing Agent: Deeley Chester

IDX 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 9:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6186430
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 2.57 miles

  • Public District Grades PK-4

Middle School

school-card-donut-6186431
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 6.83 miles

  • Public District Grades 7-8

school-card-donut-6186432
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.10 miles

  • Public District Grades 4-6

High School

school-card-donut-6186433
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 6.83 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,474. The most common annual income of people living in Ocean City, MD is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4306 Coastal Hwy

What is the listing price of this property?

The listing price of 4306 Coastal Hwy property is $1,950,000.

What type of property is this?

The property 4306 Coastal Hwy is a house located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 4306 Coastal Hwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4306 Coastal Hwy are:
Ocean City Elementary School: GreatSchools Rating 10/10
Stephen Decatur Middle School: GreatSchools Rating 8/10
Berlin Intermediate School: GreatSchools Rating 7/10
Stephen Decatur High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 4306 Coastal Hwy has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 4306 Coastal Hwy is 3,448 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4306 Coastal Hwy is 1989.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›4306 Coastal Hwy

This home is located at 4306 Coastal Hwy in Ocean City, MD and zip code 21842. This 3,448 square foot home, which was built in 1989, sits on a 0.16 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 30, 2022 and is currently priced at $1,950,000.

In April 2024, from all listings sold in Ocean City, MD there were more than 14 sold above asking price, over 64 sold below and more than 20 were sold right at the asked price. In April 2024 in Ocean City, MD there were 4% more homes for sale than in March 2024. In April 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $439,438.

From Rocket Homes Real Estate and based on county public records data.

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