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For sale
  • Price cut: $20K (6/26)
    $794,900

    121 81st St Unit 504, Ocean City, MD 21842

    3beds
    1,807sqft
    : 
    $6,763/mo
    Get pre-qualified
    Condominium
    Built in 2008
    -- sqft lot
    $770,600 Zestimate®
    $440/sqft
    $1,251/mo HOA

    What's special

    Rich warm paint colorsIndoor poolMultistory parking garageOutdoor poolStainless-steel appliancesGranite countertopsOversized kitchen
    Direct Bayfront 3 Bedroom 3 Bathroom condo in the Rivendell, a luxury waterfront complex. As you enter this property you are greeted with incredible water views of the bay. You will instantly feel at home as the walls are adorned with rich warm paint colors. The flooring throughout the main areas is an oversized ceramic tile, while the bedrooms all have premium carpet. Each bedroom has large windows that flood the space with light and their own attached bathroom, features your guests will appreciate. The oversized kitchen features granite countertops and stainless-steel appliances. A peninsula in the kitchen provides additional seating for breakfast or happy hour when you are entertaining after a long day spent at the pool or beach. Across from the kitchen the wet bar offers additional storage for beverages and an additional ice maker. The large living room has an electric fireplace with granite surround and access to the spacious balcony with views of the bay and Ocean City skyline. The primary suite is impressive and offers plenty of storage in the walk-in closet as well as access to the balcony. The primary bathroom has an oversized shower with rainfall showerhead, dual vanity with granite countertops, and a jetted bathtub. This property has never been rented and is being sold by the original owners. The Rivendell complex offers plenty of parking in the multistory parking garage, an on-site fine dining restaurant, indoor pool, outdoor pool, and fitness center. Rivendell's location on 81st street provides a crosswalk directly to the beach allowing convenient access. Rivendell is also within close proximity to other popular restaurants and shops. This private community does not allow rentals and will provide the perfect retreat for you to enjoy the beach area with family and friends.
    99 days
    |
    337
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jon M Barker 410-935-3810,

    Keller Williams Realty Delmarva 4105246400,

    Listing Team: The Fritschle Barker Group

    Source: Bright MLS,MLS#: MDWO2037958MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 3
      • Main level bedrooms: 3
      Basement
      • Area: 0
      Heating
      • Heat Pump, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Microwave, Exhaust Fan, Stainless Steel Appliance(s), Water Heater, Electric Water Heater
      • Laundry: Dryer In Unit, Main Level, Washer In Unit, In Unit
      Features
      • Ceiling Fan(s), Bathroom - Tub Shower, Bathroom - Walk-In Shower, Combination Dining/Living, Combination Kitchen/Dining, Crown Molding, Dining Area, Entry Level Bedroom, Flat, Open Floorplan, Kitchen Island, Primary Bedroom - Bay Front, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Bar, 9'+ Ceilings, Dry Wall
      • Flooring: Ceramic Tile, Carpet
      • Doors: Sliding Glass, Insulated
      • Windows: Insulated Windows, Screens, Sliding, Window Treatments
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Electric
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 1,807
      • Total interior livable area: 1,807 sqft
      • Finished area above ground: 1,807
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Covered, Handicap Parking, Lighted, Unassigned, Surface, Off Street, Parking Lot, Garage
      • Garage spaces: 2
      Accessibility
      • Accessibility features: Doors - Lever Handle(s)
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Outdoor Shower, Balcony
      • Pool features: Community
      • Spa features: Bath
      • Has view: Yes
      • View description: Bay, Water, City
      • Has water view: Yes
      • Water view: Bay,Water
      • Waterfront features: Bayfront, Bay
      • Body of water: Assawoman
      • Frontage length: Water Frontage Ft: 30
      Lot
      • Features: Bulkheaded
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2410762154
      • Zoning: RESIDENTIAL CONDOMINIUM
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Dryvit
      • Foundation: Pillar/Post/Pier
      • Roof: Flat
      Condition
      • Excellent
      • New construction: No
      • Year built: 2008
      Details
      • Builder name: BPG

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Cable

      Community & HOA

      Community
      • Features: Pool
      • Security: Fire Sprinkler System
      • Condo and coop fee: $1,251 monthly
      • Subdivision: None Available
      HOA
      • Has HOA: No
      • Amenities included: Fitness Center, Indoor Pool, Pool, Common Grounds, Elevator(s)
      • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Management, Pool(s), Reserve Funds, Snow Removal, Water
      • HOA name: Rivendell
      Location
      • Region: Ocean City
      • Municipality: Ocean City

      Financial & listing details

      • Price per square foot: $440/sqft
      • Tax assessed value: $668,500
      • Annual tax amount: $8,537
      • Date on market: 4/23/2026
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: See Inventory Addendum
      • Exclusions: See Inventory Addendum
      • Ownership: Condominium

        Estimated market value

        $770,600

        $732,000 - $809,000

        $3,230/mo

        Price history

        DateEventPrice
        6/26/2026Price change$794,900-2.5%$440/sqft
        Source: Bright MLS #MDWO2037958 Report a problem
        4/23/2026Listed for sale$814,900+63%$451/sqft
        Source: Bright MLS #MDWO2037958 Report a problem
        12/15/2010Sold$499,900$277/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,092 +7.7%$578,167 +8.5%
        2023$7,513 +2.3%$533,000
        2022$7,344 +2.1%$533,000 +4.7%
        2021$7,191 +2.4%$508,933 +2.4%
        2020$7,021 -0.7%$496,900
        2019$7,069 +0.7%$496,900
        2018$7,019 -3.5%$496,900 -3.5%
        2017$7,270 +21.2%$514,900 +5.7%
        2016$5,999 $487,200 +6%
        2015$5,999 $459,500 +6.4%
        2014$5,999 $431,800
        2013-- $431,800
        2012-- $431,800 -13.6%
        2011-- $499,900 -18.6%
        2010-- $614,380
        2009-- $614,380
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midtown

        Getting around

        47 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ocean City
        • Middle: Stephen Decatur
        • High: Stephen Decatur
        • District: Worcester County Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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