Canceled: $4133968, 8601 CHESAPEAKE DR, OCEAN CITY, MD, 21842 MLS: MDWO2038148

MDWO2038148

Canceled: 8601 CHESAPEAKE DR, OCEAN CITY, MD, 21842

6
Beds
5.1
Bath
$4,133,968
Price
4954 Sq. ftLiving Area

Insight Homes is taking the guess work out of developing this stunning bayfront property located just blocks from the beach! They have a 4-story home design that will fit on this rare bayfront building lot and have already selected the structural options that they think would enhance this home. After purchasing and settling on the building lot from the current owners for $2,599,900 the option to proceed with Insight Homes to build their Isakoff home becomes a smooth and easy process. Insight Homes has carefully chosen all of the structural options they think you would love and the price of the home itself ($1,534,068) includes a $175,000 designer allowance to give the buyer the freedom to choose their own finish selections at Insight Home's design studio. Structural options already made by the builder can still be modified which could increase or decrease the price of the home. The only structural option that must be made is a side-entry garage and the builder has included an estimated contingency amount in the quoted price for this structural change. An estimated site cost allowance is also included in the price of the home. Pictures provided in listing are of Isakoff model home and do not reflect specific options that were selected for this potential build but provide an example for potential buyers to get a real feel for all that this 4-story home and all that it has to offer. Imagine the water and city views from 10 different outdoor spaces, including porches, decks, and balconies. The Isakoff will feature an elevator and owned solar panels to add to this already energy efficient home. This is a once in a lifetime opportunity to own an undeveloped southern exposure bayfront parcel of land in Ocean City, MD. Enjoy incredible sunsets from your home once this property is developed and live a convenient relaxing lifestyle with a short walk or bike ride to the beach. Lot lines on pictures were completed by the photographer and are for demonstration only. Buyers should rely on the recorded subdivision plat attached to the listing for lot line placement. No builder tie-in. Option to build with Insight Homes is just that, an option.

Status: Canceled
MLS #: MDWO2038148
Days On Market: 85
Taxes: $5092 / 2025
Property Type: Residential
Year Built: 0
Lot Size: 0.18 / 7660
InteriorFeatures: Bar, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Elevator, Entry Level Bedroom, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Sprinkler System, Walk-in Closet(s)
Courtesy of: Keller Williams Realty Delmarva