About This Home

This 4-bedroom, 5-bathroom single family at 1546 TEAL DR in Ocean City, MD is listed for $15,000,000 ($3,000 per sqft). Built in 1981, the home offers 5,000 sqft of living space on a 3.16 acres lot.

Key Features

  • Built in 1981
  • 3.16 acre lot
  • 2 stories
  • 12 parking spaces
  • Private pool
  • Fireplace

Property Details

2 stories
5 full
12 spaces
1981

Amenities

PoolFireplaceWaterfrontA/C
Listing Description

Goose Island at 1546 Teal Drive, Ocean City, Maryland is a truly unique offering - the bay's only island estate. Located off 15th Street in downtown Ocean City, the property offers a remarkable balance of seclusion and accessibility, 3 blocks to the Boardwalk and beach, minutes to the Ocean City Inlet and Assateague Island by boat, and a block from Harbour Island, home of the world-renowned White Marlin Open.

Hidden behind a brick wall extending along the property line and accessed through a 6-foot gate, the arrival experience continues across a private 120-foot vehicular bridge from Mallard Island. The island encompasses more than 3 acres of native marshlands and landscape with panoramic views of the open bay, the Rt.

50 Bridge to the south, the Rt. 90 Bridge to the north, and the rare combination of both breathtaking sunrises and sunsets across the water. Architecturally, the home is an iconic shingle-style residence. Inspired by Nantucket architecture, the residence underwent extensive exterior renovations and architectural enhancements under the direction of renowned Lyman Perry Architects Ltd.

of Nantucket, Massachusetts, with Lyman Perry personally consulting on the estate. The approximately 5,000-square-foot home blends timeless design with exceptional craftsmanship, featuring custom woodworking, Carlisle wide-plank hand-finished pine flooring, new Andersen doors throughout, approximately 3,250 square feet of wraparound deck, and a resort atmosphere.

Upon entering, a dramatic 24-foot atrium features an expansive 12-foot by 15-foot overhead skylight and a floor-to-ceiling 24-foot Coral Rock fireplace feature that anchors and connects the surrounding living spaces while filling the home with natural light.

Designed to maximize open bay views throughout the home, the main living area features custom built-in cabinetry and entertainment center while flowing naturally into the separate dining and gathering spaces. The open-concept kitchen/family room floor plan creates an inviting living area designed for entertaining.

Custom solid birch painted cabinetry by Premier Cabinetry of New Holland, Pennsylvania, includes a generous center island with a 5-foot by 8-foot teak countertop. A custom wood spiral staircase in the kitchen/family room provides secondary access to the upper level.

The main level also includes a home office with built-in cabinetry and concealed pull-out file storage, along with an additional guest bedroom and full bath. Upstairs, an open bridge hallway overlooks the atrium and Coral Rock feature while separating the primary suite from two guest bedroom suites.

The four-room primary suite consists of a bedroom retreat with access to a bayfront deck, a combined sitting, entertainment, and dressing room with vaulted ceilings, custom cherry wood built-ins and four closets, an en-suite bath with double vanity and dressing table, and a second dressing room featuring vaulted ceilings, four double-door deep closets, and an arched window with window seat dividing two built-in tall chests totaling 30 drawers.

Two additional upstairs bedrooms each feature en-suite baths and private decks. Outdoors, the property transforms into an island retreat with a pool and spa by Sea Glass Pools, expansive decking, a large entertaining gazebo bar with cabinetry and quartz countertops, a full bath with shower, and protected docking facilities with parallel docking alo

ng approximately 1,600 feet of bulkhead, a 10,000-pound 2024 boat lift, and a fish cleaning station. Significant recent investments include bulkhead improvements, reinforced helical pilings, extensive bridge renovations, active security and surveillance systems, and meticulously maintained structural and mechanical systems.

Surrounded by abundant birdlife including osprey, great blue herons, great white egrets, snowy egrets, mallards, and bald eagles, along with endless open-water vistas, Goose Island is a distinguished estate defined by timeless elegance.

Monthly Cost Estimate

$80,223/mo

20% down · 6.5% · 30 years

Principal$10,848
Interest$65,000
Insurance$4,375

Estimates only. Actual payments may vary.

Location

1546 TEAL DR

Ocean City, MD 21842

NONE AVAILABLE

Features & Amenities

Interior Features

Additional StairwayAtticBathroom - Jetted TubBathroom - Walk-In ShowerBreakfast AreaBuilt-InsButlers PantryCarpetCeiling Fan(s)Combination Dining/LivingCombination Kitchen/LivingCombination Kitchen/DiningCrown MoldingsDining AreaEntry Level BedroomExposed BeamsFamily Room Off KitchenKitchen - IslandPrimary Bedroom - Bay FrontRecessed LightingSkylight(s)Sound SystemSpiral StaircaseSprinkler SystemWalk-in Closet(s)Window TreatmentsWood Floors

Property Details

Construction

Combination Cedar

Parking

Garage - AttachedDriveway

Heating

Central

Cooling

Central Air

Appliances

Commercial RangeCooktopDishwasherDisposalDryerExtra Refrigerator/FreezerOven/Range - GasWasherWaterHeater

Questions & Answers

This 4-bedroom, 5-bathroom single family at 1546 TEAL DR is listed at $15,000,000 ($3,000/sqft). The estimated monthly payment is $80,223 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1981, 3.16 acre lot, 2 stories, 12 parking spaces, Private pool, Fireplace. Interior Features: Additional Stairway, Attic, Bathroom - Jetted Tub.

This property is listed by Mechelle Nichols and can be reached at 4104301575.

MN

Mechelle Nichols

Agent at Berkshire Hathaway HomeServices PenFed Realty

(410) 430-1575

Listed by Berkshire Hathaway HomeServices PenFed Realty · View on Broker Site

MLS# MDWO2038582· Source: listhub· 25 days on market

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.

1546 TEAL DR, Ocean City, MD 21842

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