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About This Home
This 5-bedroom, 4-bathroom townhouse at 27 ISLAND EDGE Drive in Ocean City, MD is listed for $999,999 ($421 per sqft). Built in 2004, the home offers 2,378 sqft of living space on a 0.23 acres lot.
Welcome to a fully furnished, turnkey coastal retreat in one of Ocean City's most desirable gated communities. This expansive four-level end-unit townhouse offers the rare combination of space, natural light, and resort-style living-just moments from the beach and bay.
Positioned as a premium end unit, the home benefits from added privacy and multiple exposures, enhancing both light and airflow throughout. Inside, a thoughtfully designed layout spans four levels, offering five well-appointed bedrooms and four-and-a-half bathrooms-ideal for both personal use and high-performing investment potential.
The main living level features an open-concept kitchen, dining, and living area that flows seamlessly to multiple wraparound balconies. These outdoor spaces vary between shaded and full-sun exposures, creating a dynamic indoor-outdoor living experience across every level of the home.
A faux fireplace with integrated electric functionality adds warmth and ambiance to the primary living space. The bedroom layout is intentionally distributed to maximize privacy and flexibility: the entry level includes a private bedroom and full bathroom-ideal for guests.
Upper levels feature multiple sleeping configurations, including a spacious primary suite with double vanity, soaking tub, and separate shower. A top-floor suite offers elevated privacy, complete with its own ensuite bath and private balcony. The home comfortably accommodates large groups while maintaining a sense of separation and comfort across floors.
Additional highlights include multiple wraparound balconies on nearly every level, an outdoor shower for post-beach convenience, a full-size washer and dryer on the entry level, a two-car garage plus driveway parking with additional community passes available, and public water and sewer.
Ownership includes access to a comprehensive amenity package through the HOA, covering master insurance, grounds maintenance, and resort-style features such as indoor and outdoor pools, sauna, fitness center, bayfront beach access, and walking paths. From an investment perspective, the property is already professionally managed for short-term rentals and has been optimized for Airbnb use.
The current property manager is willing to continue services, offering a seamless transition for any investor seeking immediate income generation. Please note: any purchaser will be required to honor the existing property management agreement through December 31, 2026, including all confirmed bookings. This is a rare opportunity to acquire a fully furnished, income-ready coastal property with strong lifestyle appeal and proven rental infrastructure already in place
Key Features
- Built in 2004
- 0.23 acre lot
- 4 stories
- 4 parking spaces
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$5,652/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
27 ISLAND EDGE Drive
Ocean City, MD 21842
WEST OCEAN CITY
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 4-bathroom townhouse at 27 ISLAND EDGE Drive is listed at $999,999 ($421/sqft). The estimated monthly payment is $4,637 based on 20% down at 6.5% interest.
HOA fees are $304/month.
Key features include: Built in 2004, 0.23 acre lot, 4 stories, 4 parking spaces, Fireplace. Interior Features: Bar, Bathroom - Soaking Tub, Bathroom - Stall Shower.
This property is listed by Mikel Iraola and can be reached at 3012133015 or mikel.iraola@compass.com.








