12217 Ocean Gateway

Ocean City, MD 21842 View Map $832,000 Ask a Question
Beds5
Baths3
Sq.Ft.4,679
Year1950
 West Ocean  City Real Estate - 12217 Ocean Gateway in Ocean City - MDWO2013870 Photo 1
 West Ocean  City Real Estate - 12217 Ocean Gateway in Ocean City - MDWO2013870 Map
Nicholas Bobenko

Nicholas Bobenko

(443) 614-9179

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Status: Sold
Property Type:Single Family Home
MLS #:MDWO2013870
Sq. Feet:4,679
Date Sold:8/11/2023
Lot Size:30,328 Sq. Ft.
County:Worcester
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
City:Ocean City
Subdivision:West Ocean City
Zip Code:21842
Neighborhood:West Ocean City (85)

School Information

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
Roofing: Asphalt
Foundation: Block, Crawl Space, Flood Vent, Other

Features / Amenities

Appliances: Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Oven - Double, Oven - Self Cleaning, Stainless Steel Appliances, Water Conditioner - Owned, Water Heater, Washer - Front Loading
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
Fireplace Features: Brick, Stone, Fireplace - Glass Doors, Insert, Mantel(s)
Exterior Features: Boat Storage, Street Lights, Sidewalks, Outbuilding(s)
Exterior Spaces: Balcony, Deck(s), Porch(es), Screened
Type of Parking: Driveway, Parking Lot
Dock Type: Against Bulkhead Only (Lateral), Material - Treated Lumber
Air Conditioning: Ceiling Fan(s), Central A/C
Primary Heat Type: Heat Pump(s)

Property Features

Lot Size: 0.7 Acres / 30,328 Sq. Ft.
Water Body Type: Creek
View: Creek/Stream, Trees/Woods, Street, Water
Driveway - # of Spaces: 4
Parking Lot - # of Spaces: 10
Septic: Septic Exists
Water: Well
Dock Conveyance: Exclusive Use

Tax and Financial Info

Property Taxes: $5,363 (paid Annually)
HOA: No
Condo Association: No

WALKING AND TRANSPORTATION

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Listing Information Last Updated 6/20/2024
Listing provided courtesy of Tina Busko, Coldwell Banker Realty.
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