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1546 Teal Dr, 
Ocean City, MD 21842

$10,995,000


4

Beds


5

Baths


5,000

Sq Ft


Single Family

Coming Soon

Listed by

Mechelle Nichols

Berkshire Hathaway HomeServices Penfed Realty, (410) 524-7000, oceancity@penfedrealty.com

Last updated:

June 4, 2026, 10:23 AM

MLS#

MDWO2038582

Source:

BRIGHTMLS

About This Home

1546 Teal Dr

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 along 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.

Home Facts

Single Family

5 Baths

4 Bedrooms

Built in 1981

Price Summary

10,995,000

$2,199 per Sq. Ft.

MLS #:

MDWO2038582

Last Updated:

June 4, 2026, 10:23 AM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Interior

Living Area:

5,000 Sq. Ft.


Structure

Structure

Architectural Style:

Cape Cod, Coastal

Building Area:

5,000 Sq. Ft.

Year Built:

1981


Lot

Lot Size (Sq. Ft):

137,649


Finances & Disclosures

Finances

Price:

$10,995,000

Price per Sq. Ft:

$2,199 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.