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Sold for $565,000
  • $565,000

    2838 Gull Way #A35, Ocean City, MD 21842

    3beds
    1,376sqft
    Townhouse
    Built in 1970
    -- sqft lot
    $565,100 Zestimate®
    $411/sqft
    $2,234 Estimated rent

    Home value

    $565,100

    $514,000 - $622,000

    $2,234/mo

    Zestimate® history
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    What's special

    Community pool accessSeparate family roomNewly installed slider doorWell-appointed kitchen
    Escape to this stunning waterfront townhome offering 3 bedrooms, 2.5 baths, and a deeded boat slip equipped with both boat and jet ski lifts. Perfect as a primary residence or lucrative rental opportunity, this modern retreat offers the best of coastal living. The main level includes a well-appointed kitchen, separate family room, and living room, with a convenient half bath and laundry closet. Step through the newly installed slider door to your waterfront deck perfect for morning coffee or sunset cocktails. Upstairs, the primary suite boasts a spa-like tile shower and walk-in closet, plus a private deck overlooking the water. Two additional bedrooms and a full hall bath complete the second floor. Premium amenities include the community dock with boat and jet ski lifts, covered carport with additional parking, and community pool access. The home's modern design maximizes both comfort and waterfront views throughout. Located just minutes from Ocean City's famous beach and boardwalk, you'll also be close to Robin Park, Jolly Roger Amusement Park, mini golf, and all the attractions that make Ocean City Maryland's premier coastal destination. Whether you're seeking adventure on the water or relaxation by the bay, this turnkey retreat offers the perfect blend of luxury and location for year-round living or vacation rental income. Ready for your next waterfront investment! Gross Rental Income - 2023 $36,862.50; 2024 $36,806,10; 2025 $39,000.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brigit Taylor 302-500-0750,

    Keller Williams Realty,

    Listing Team: Griffin Higgins Team

    Bought with:

    Tony Golden, 309721

    Berkshire Hathaway HomeServices PenFed Realty

    Carol Proctor, RS-0023288

    Berkshire Hathaway HomeServices PenFed Realty

    Source: Bright MLS,MLS#: MDWO2036406MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Included: Microwave, Dishwasher, Dryer, Disposal, Oven/Range - Electric, Refrigerator, Washer, Ice Maker, Trash Compactor, Electric Water Heater
    • Laundry: Main Level
    Features
    • Ceiling Fan(s), Combination Dining/Living, Open Floorplan, Primary Bedroom - Bay Front, Walk-In Closet(s)
    • Flooring: Ceramic Tile, Carpet
    • Doors: Storm Door(s), Sliding Glass
    • Windows: Screens, Window Treatments
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,376
    • Total interior livable area: 1,376 sqft
    • Finished area above ground: 1,376
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved, Parking Lot, Detached Carport
    • Carport spaces: 1
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Boat Storage, Play Area, Balcony
    • Pool features: Community
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Private Dock Site, Canal, Boat - Powered, Canoe/Kayak, Fishing Allowed, Swimming Allowed
    • Frontage length: Water Frontage Ft: 20
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 10061628
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Coastal
    • Property subtype: Townhouse
    Materials
    • Combination
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Pool
    • Condo and coop fee: $5,549 annually
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: Boat Ramp, Pier/Dock, Pool, Reserved/Assigned Parking, Other
    • Services included: Cable TV, Common Area Maintenance, Maintenance Structure, Lawn Care Front, Management, Pool(s), Trash
    • HOA name: Shore Management, Inc.
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $411/sqft
    • Tax assessed value: $331,533
    • Annual tax amount: $4,217
    • Date on market: 2/27/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Road surface type: Black Top

    Price history

    DateEventPrice
    6/26/2026Sold$565,000-1.7%$411/sqft
    Source: Bright MLS #MDWO2036406 Report a problem
    5/28/2026Contingent$575,000$418/sqft
    Source: Bright MLS #MDWO2036406 Report a problem
    5/17/2026Price change$575,000-2.4%$418/sqft
    Source: Bright MLS #MDWO2036406 Report a problem
    4/14/2026Price change$589,000-1.7%$428/sqft
    Source: Bright MLS #MDWO2036406 Report a problem
    3/28/2026Price change$599,000-1.8%$435/sqft
    Source: Bright MLS #MDWO2036406 Report a problem
    2/27/2026Listed for sale$610,000$443/sqft
    Source: Bright MLS #MDWO2036406 Report a problem
    12/23/2025Listing removed$610,000$443/sqft
    Source: Bright MLS #MDWO2034482 Report a problem
    10/20/2025Price change$610,000-2.4%$443/sqft
    Source: Bright MLS #MDWO2031242 Report a problem
    9/2/2025Listed for sale$625,000-2.3%$454/sqft
    Source: Bright MLS #MDWO2031242 Report a problem
    7/21/2025Listing removed$640,000$465/sqft
    Source: Bright MLS #MDWO2031242 Report a problem
    6/27/2025Listed for sale$640,000+7.6%$465/sqft
    Source: Bright MLS #MDWO2031242 Report a problem
    8/5/2022Sold$595,000-0.8%$432/sqft
    Source: Bright MLS #MDWO2008190 Report a problem
    7/28/2022Pending sale$599,900$436/sqft
    Source: Bright MLS #MDWO2008190 Report a problem
    7/10/2022Contingent$599,900$436/sqft
    Source: Bright MLS #MDWO2008190 Report a problem
    7/6/2022Price change$599,900-2.5%$436/sqft
    Source: Bright MLS #MDWO2008190 Report a problem
    6/26/2022Price change$615,000-1.6%$447/sqft
    Source: Bright MLS #MDWO2008190 Report a problem
    5/30/2022Listed for sale$625,000+47.1%$454/sqft
    Source: Bright MLS #MDWO2008190 Report a problem
    4/1/2021Sold$425,000+7.6%$309/sqft
    Source: Public Record Report a problem
    3/2/2021Pending sale$395,000$287/sqft
    Source: Bright MLS #MDWO120356 Report a problem
    2/26/2021Listed for sale$395,000+18.6%$287/sqft
    Source: Bright MLS #MDWO120356 Report a problem
    10/24/2019Sold$333,000-0.6%$242/sqft
    Source: Public Record Report a problem
    9/17/2019Pending sale$335,000$243/sqft
    Source: Taylor Properties #MDWO109080 Report a problem
    9/17/2019Listed for sale$335,000+59.5%$243/sqft
    Source: Taylor Properties #MDWO109080 Report a problem
    5/21/2014Sold$210,000-12.1%$153/sqft
    Source: Public Record Report a problem
    4/8/2014Price change$239,000-3%$174/sqft
    Source: Stanley G Zaremba #481669 Report a problem
    3/9/2014Price change$246,500-3%$179/sqft
    Source: Stanley G Zaremba #481669 Report a problem
    7/16/2013Listed for sale$254,000$185/sqft
    Source: Long and Foster #481669 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,541 +7.7%$331,533 +10%
    2024$4,217 +10.4%$301,267 +11.2%
    2023$3,820 $271,000
    2022$3,820 -0.2%$271,000
    2021$3,829 $271,000
    2020$3,829 +2.3%$271,000
    2019$3,744 +3.8%$271,000 +6.1%
    2018$3,608 +3.2%$255,400 +3.2%
    2017$3,496 +72.8%$247,600 +3.8%
    2016$2,024 $238,433 +4%
    2015$2,024 $229,267 +4.2%
    2014$2,024 $220,100
    2013-- $220,100
    2012-- $220,100 -34.2%
    2011-- $334,360
    2010-- $334,360
    2009-- $334,360 -10.3%
    2008-- $372,890 +15%
    2007-- $324,272 +15.5%
    2006-- $280,703 +23.6%
    2005-- $227,040 +20.7%
    2004-- $188,026 +26.2%
    2003-- $149,013 +35.5%
    2002-- $110,000 +6.1%
    2001-- $103,666
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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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