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For sale
  • Price cut: $15K (5/26)
    $285,000

    407 Lark Ln #11203, Ocean City, MD 21842

    2beds
    840sqft
    : 
    $2,246/mo
    Get pre-qualified
    Condominium
    Built in 1973
    -- sqft lot
    $275,100 Zestimate®
    $339/sqft
    $250/mo HOA

    What's special

    Well-maintained common groundsCrisp white cabinetryStainless steel appliances
    Introducing 407 Lark Lane, Unit 203, nestled within the inviting community of Gullway Villas in the heart of Ocean City, where the beach is always calling and effortless coastal living awaits. Whether you're seeking a relaxing weekend retreat or a place to create lasting summer traditions, this charming 2-bedroom, 1.5-bath condo offers the perfect opportunity to make it your own. Ideally positioned just a short stroll or bike ride to the shoreline and the iconic Ocean City Boardwalk, you’ll enjoy easy access to sun-soaked days, ocean breezes, and endless entertainment. Located on the second floor, this well-appointed unit features luxury vinyl plank flooring throughout the main living areas, complemented by comfortable carpeting in the bedrooms. The kitchen presents a stylish and functional space with granite countertops, stainless steel appliances, and crisp white cabinetry, beautifully accented by a bold deep blue feature wall, adding a touch of coastal personality. Gullway Villas offers a welcoming, self-managed community atmosphere with an on-site manager, a large outdoor pool for relaxing summer days, and well-maintained common grounds. Additional conveniences include a private ground-level storage locker, perfect for beach gear and seasonal items. Whether you're looking for a personal beachside getaway or an investment with rental income potential, this condo delivers both lifestyle and value in one of Maryland’s most beloved resort destinations. Don’t miss your chance to claim your own piece of the shore, schedule your private tour today.
    106 days
    |
    1,163
    |
    72
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Annie Buxbaum 443-235-0878,

    Northrop Realty (302) 539-0800

    Source: Bright MLS,MLS#: MDWO2037718MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Rooms
      • Room types: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
      Bedroom 1
      • Features: Flooring - Carpet
      • Level: Main
      • Area: 100 Square Feet
      • Dimensions: 10 X 10
      Bedroom 2
      • Features: Flooring - Carpet
      • Level: Main
      • Area: 80 Square Feet
      • Dimensions: 8 X 10
      Dining room
      • Features: Flooring - Luxury Vinyl Plank
      • Level: Main
      • Area: 80 Square Feet
      • Dimensions: 8 X 10
      Kitchen
      • Features: Flooring - Luxury Vinyl Plank
      • Level: Main
      • Area: 48 Square Feet
      • Dimensions: 6 X 8
      Living room
      • Features: Flooring - Luxury Vinyl Plank
      • Level: Main
      • Area: 160 Square Feet
      • Dimensions: 10 X 16
      Heating
      • Forced Air, Electric
      Cooling
      • Other, Electric
      Appliances
      • Included: Dryer, Washer, Dishwasher, Exhaust Fan, Refrigerator, Cooktop, Stainless Steel Appliance(s), Electric Water Heater
      • Laundry: Has Laundry, In Unit
      Features
      • Ceiling Fan(s), Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Galley
      • Flooring: Luxury Vinyl, Carpet
      • Doors: Sliding Glass
      • Windows: Double Pane Windows, Vinyl Clad
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 840
      • Total interior livable area: 840 sqft
      • Finished area above ground: 840
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Parking Lot
      Accessibility
      • Accessibility features: Other
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Street Lights, Sidewalks
      • Pool features: Community
      • Has view: Yes
      • View description: Garden
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2410056446
      • Zoning: R-2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Villa
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Frame, Stick Built, Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Pool
      • Security: Main Entrance Lock, Smoke Detector(s)
      • Condo and coop fee: $250 monthly
      • Subdivision: Gullway Villa
      HOA
      • Has HOA: No
      Location
      • Region: Ocean City
      • Municipality: Ocean City

      Financial & listing details

      • Price per square foot: $339/sqft
      • Tax assessed value: $277,200
      • Annual tax amount: $3,175
      • Date on market: 4/16/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        $275,100

        $261,000 - $289,000

        $2,103/mo

        Price history

        DateEventPrice
        5/26/2026Price change$285,000-5%$339/sqft
        Source: Bright MLS #MDWO2037718 Report a problem
        4/16/2026Listed for sale$300,000$357/sqft
        Source: Bright MLS #MDWO2037718 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,175 +21.7%$231,833 +24.3%
        2024$2,610 +31.2%$186,467 +32.2%
        2023$1,989 $141,100
        2022$1,989 -0.2%$141,100
        2021$1,994 $141,100
        2020$1,994 +3.7%$141,100
        2019$1,923 +5.3%$141,100 +9.1%
        2018$1,826 +4.8%$129,300 +4.8%
        2017$1,742 -14.8%$123,400
        2016$2,046 $123,400
        2015$2,046 $123,400 -8.7%
        2014$2,046 $135,200
        2013-- $135,200
        2012-- $135,200 -20.7%
        2011-- $170,520
        2010-- $170,520
        2009-- $170,520 -20.1%
        2008-- $213,360 +18.5%
        2007-- $180,040 +22.7%
        2006-- $146,720 +29.4%
        2005-- $113,400 +21.8%
        2004-- $93,100 +27.9%
        2003-- $72,800 +38.7%
        2002-- $52,500
        2001-- $52,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: Boardwalk/Inlet

        Getting around

        47 / 100
        Car-Dependent
        58 / 100
        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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