Rarely available, this stunning penthouse condo boasts 3 bedrooms and 2 full baths. Enjoy captivating bay views from two balconies, providing an ideal setting for observing boats, fishing, mesmerizing sunsets, and twilight appearances of dolphins in the bay. The south side of the building features a bayfront pool, offering an inviting retreat for those days when poolside relaxation takes precedence over the beach. This property features a nice floorplan and is being sold fully furnished. Recent updates include a beautifully remodeled bathroom, a new Trane HVAC system installed in 2021, a range added in 2021, and new carpeting from 2019. The proactive condo association ensures a hassle-free living experience, offering two assigned parking spaces (including one under cover), an elevator for convenience, and recent exterior upgrades enhancing both aesthetics and durability. This property extends beyond an ideal family residence, presenting a lucrative investment opportunity with substantial rental potential. Conveniently situated within walking distance to the boardwalk, beach, renowned waterfront restaurants, and newly designed park.
Sold for $600,000
$600,000
207 Bayview Ln Unit 408, Ocean City, MD 21842
3beds
1,406sqft
Condominium
Built in 1984
-- sqft lot
$658,200 Zestimate®
$427/sqft
$2,589 Estimated rent
Home value
$658,200
$612,000 - $704,000
$2,589/mo
Zestimate® history
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Beautifully remodeled bathroomNewly designed parkRenowned waterfront restaurants
Zillow last checked:
Listing updated:
Listed by:
Cindy Poremski 410-430-9988,
Berkshire Hathaway HomeServices PenFed Realty - OP
Bought with:
Anthony Golden, 309721
Berkshire Hathaway HomeServices PenFed Realty
Carol Proctor, RS-0023288
Berkshire Hathaway HomeServices PenFed Realty
Source: Bright MLS,MLS#: MDWO2018418
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Heat Pump, Electric
Appliances
- Included: Water Heater, Washer/Dryer Stacked, Refrigerator, Oven/Range - Electric, Microwave, Disposal, Dishwasher, Ice Maker, Electric Water Heater
- Laundry: Washer In Unit, Dryer In Unit, In Unit
Features
- Elevator, Dining Area, Entry Level Bedroom, Primary Bath(s)
- Flooring: Carpet
- Windows: Window Treatments
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 1,406
- Total interior livable area: 1,406 sqft
- Finished area above ground: 1,406
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Under Home Parking, Parking Space Conveys, Assigned, Parking Lot
- Details: Assigned Parking, Assigned Space #: 408
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
- Pool features: Community
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bayfront, Bay
- Frontage length: Water Frontage Ft: 20
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410276012
- Zoning: R-2
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Combination, Concrete
Condition
- Excellent
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pool
- Condo and coop fee: $1,936 quarterly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Elevator(s), Storage, Pool
- Services included: Pool(s), Maintenance Structure, Common Area Maintenance, Insurance, Maintenance Grounds, Management, Reserve Funds
- HOA name: Crab Cove On The Bay
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $427/sqft
- Tax assessed value: $330,400
- Annual tax amount: $4,657
- Date on market: 2/12/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Furnishings
- Exclusions: None
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2024 | Sold | $600,000+0.8%$427/sqft |
Source:  Bright MLS #MDWO2018418 Report a problem | ||
| 2/15/2024 | Pending sale | $595,000$423/sqft |
Source: Bright MLS #MDWO2018418 Report a problem | ||
| 2/12/2024 | Listed for sale | $595,000+40%$423/sqft |
Source: Bright MLS #MDWO2018418 Report a problem | ||
| 7/13/2017 | Sold | $425,000-3.2%$302/sqft |
Source: Public Record Report a problem | ||
| 4/5/2017 | Listed for sale | $439,000+176.1%$312/sqft |
Source: Coldwell Banker Residential Brokerage - Ocean City/120th St #509501 Report a problem | ||
| 6/29/1998 | Sold | $159,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,214 +12% | $372,567 +12.8% |
| 2023 | $4,657 | $330,400 |
| 2022 | $4,657 -0.2% | $330,400 |
| 2021 | $4,668 -19% | $330,400 -19% |
| 2020 | $5,760 +4.4% | $407,700 |
| 2019 | $5,520 +6.1% | $407,700 +10.7% |
| 2018 | $5,203 +5.7% | $368,300 +5.7% |
| 2017 | $4,922 +14% | $348,600 +6.1% |
| 2016 | $4,319 | $328,467 +6.5% |
| 2015 | $4,319 | $308,333 +7% |
| 2014 | $4,319 | $288,200 |
| 2013 | -- | $288,200 |
| 2012 | -- | $288,200 -19.9% |
| 2011 | -- | $359,930 |
| 2010 | -- | $359,930 |
| 2009 | -- | $359,930 -20% |
| 2008 | -- | $449,920 +19.3% |
| 2007 | -- | $377,276 +23.8% |
| 2006 | -- | $304,633 +31.3% |
| 2005 | -- | $231,990 +14.3% |
| 2004 | -- | $202,992 +16.7% |
| 2003 | -- | $173,996 +20% |
| 2002 | -- | $145,000 +4.1% |
| 2001 | -- | $139,332 |
Find assessor info on the county website
Neighborhood: Boardwalk/Inlet
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Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 1.3 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 5.6 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 5.6 mi
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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- Maryland
- Worcester County
- Ocean City
- 21842
- Boardwalk/Inlet
- 207 Bayview Ln Unit 408
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