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MLS# MDWO2040424Listed by EXP Realty, LLC
386 OCEAN PKWY, BERLIN, MD 21811
$579,990Active
3Beds
3Baths
1,566Sq Ft
0.21Acres
About This Property
WATERFRONT beach retreat with recent updates! Welcoming, light + airy contemporary with a great rental history [approx $49,000/year] on a wide, deep-water canal w/private pier - located in incredibly amenity-rich Ocean Pines - multiple parks + pools, marinas, boat launches, beaches, robust recreation programs, walking trails, golf, yacht club, and so much more - just 5 miles from Ocean City, where…
Key Facts
StatusActive
MLS #MDWO2040424
Property TypeResidential
Days on Market9
Year Built1973
StyleCoastal, Contemporary
Levels / Stories1.5
New ConstructionNo
ConditionGood, Very Good
OwnershipFee Simple
Tax ID2403072010
ZoningR-3
Interior
Living Area1,566 sq ft
Above Grade Fin.1,566 sq ft
Interior FeaturesBathroom - Tub Shower, Bathroom - Stall Shower, Breakfast Area, Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Recessed Lighting
AppliancesDishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, WaterHeater, Microwave
FireplaceNo
BasementNo
LaundryHas Laundry, Main Floor, Washer In Unit, Dryer In Unit
FlooringLaminated, Luxury Vinyl Plank
Exterior & Lot
Lot Size0.21 acres
Lot FeaturesBulkheaded, Front Yard, Premium, Rear Yard, Year Round Access
ConstructionFrame
RoofArchitectural Shingle
FoundationPilings
Other StructuresAbove Grade, Below Grade
FencingRear, Vinyl
PoolYes - Community
WaterfrontYes
Water ViewYes
Water AccessYes
Navigable WaterYes
Parking
GarageNo
Total Parking4
Parking TypesDriveway
Parking FeaturesFree, Private, Unpaved
Utilities
HeatingYes
Heating TypeHeat Pump(s)
Heating FuelElectric
Central AirYes
Cooling TypeCentral A/C
Cooling FuelElectric
Hot WaterElectric
Water SourcePublic
SewerPublic Sewer
UtilitiesCable TV Available
Taxes & Assessment
Annual Taxes$3,139 / 2025
Assessed Value$368,733 / 2026
County Tax$2,760
Community & Schools
CountyWORCESTER-MD
SubdivisionOCEAN PINES - TEAL BAY
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
HOAYes
HOA Fee$1,580 / Annually
Senior CommunityNo
Location & Nearby Businesses
386 OCEAN PKWY, BERLIN, MD, 21811
Get Driving DirectionsSource: Real Estate Property Source Bright MLS
Est. Monthly Payment
$2,933/mo
Home Price$579,990
Down Payment (20%)$115,998
Loan Amount$463,992
Interest Rate (est.)6.50%
Loan Term30 Years
* Estimate reflects principal & interest only — excludes property taxes, homeowners insurance, mortgage insurance, and any HOA/condo dues if applicable, all of which affect your actual payment. Contact a mortgage professional for additional figures.
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