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Residential Land for Sale in Ocean City, Maryland

1531 Teal Dr, Ocean City, MD 21842

$309,000
0.15 acres
Active
ago
Est $2,901/mo

This property presents a rare opportunity to purchase a potential future building lot in Ocean City's highly sought-after Mallard Island community. Opportunities to acquire land in this neighborhood are extremely limited, making this a compelling option for buyers seeking long-term flexibility or investment potential. This property must be purchased in conjunction with the adjacent home at #1533, and is being marketed accordingly. While the seller does not guarantee subdivision or development approval, the seller has communicated with Planning & Zoning and a licensed surveyor and has information on file available for prospective buyers to review. Buyer to perform all due diligence and obtain any required approvals. The property is currently improved with the adjacent home's private pool, which would need to be removed in order to pursue future development. Taxes and lot dimensions are unknown. Same tax as ID as 1533 Teal Drive as it currently has not been officially subdivided 1533 Teal Dr is currently listed as MLS# MDWO2036512. Whether held for future use or explored as part of a long-term investment strategy, this property offers a truly rare land opportunity in one of Ocean City's most exclusive residential communities.

Location

Street address
1531 Teal Dr
Community
Mallard Island
School district
Worcester County Public Schools
Elevation
4 feet
Coordinates
38.3503, -75.0832

Property details

Lot size
0.15 acres6,534 sq ft
MLS #
TREND MDWO2036526
Posted

Property taxes

Recent
$9,813

Details and features

Listing

Type
Land
Franchise
ERA Real Estate

Nearby schools

NameTypeDistrict
Ocean CityElementaryWorcester County Public Schools
Stephen DecaturMiddleWorcester County Public Schools
Stephen DecaturHighWorcester County Public Schools

Listing history

DateEventPriceChangeSource
Feb 27, 2026New listing$309,000TREND
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This 0.15-acre property is located at 1531 Teal Dr in Ocean City, MD 21842. The property is available for sale for $309,000.

  • Listed by ERA Martin Associates, Shamrock Division, (410) 749-1818, Source

Checked 2 hours ago — Updated

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Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Brittani Phillips
ERA Martin Associates, Shamrock Division
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