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Sold for $640,000
    • $640,000

    50 Lookout Point, Ocean Pines, MD 21811

    3beds
    1,308sqft
    Single Family Residence
    Built in 1987
    5,000 Square Feet Lot
    $672,500 Zestimate®
    $489/sqft
    $2,311 Estimated rent

    Home value

    $672,500

    $632,000 - $720,000

    $2,311/mo

    Zestimate® history
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    What's special

    Welcome to your perfect waterfront retreat in the heart of amenity-rich Ocean Pines! This charming 3-bedroom, 2-bathroom home offers everything you've been looking for. The stunning lot location provides breathtaking views that you'll enjoy from the comfort of your sunroom or out on the spacious second story deck. Perfect for boating enthusiasts, this property is just steps away from the water, offering easy access to all your favorite activities. Don't miss out on this rare opportunity to own an affordable waterfront home with unbeatable views!

    Zillow last checked:

    Listing updated:

    Listed by:

    LIZ KAPP 302-569-0012,

    Long & Foster Real Estate, Inc.

    Bought with:

    Tamar Nazarian, 658866

    Coastal Life Realty Group LLC

    Source: Bright MLS,MLS#: MDWO2022894MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: Main Level
    Features
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,308
    • Total interior livable area: 1,308 sqft
    • Finished area above ground: 1,308
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Boat Storage
    • Pool features: Community
    • Has view: Yes
    • View description: Bay, Canal
    • Has water view: Yes
    • Water view: Bay,Canal
    • Waterfront features: Canal
    • Frontage length: Water Frontage Ft: 50
    Lot
    • Size: 5,000 Square Feet
    • Features: Bulkheaded
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2403087794
    • Zoning: R-3
    • Special conditions: Probate Listing

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Ocean Pines - Teal Bay
    HOA
    • Has HOA: Yes
    • Amenities included: Baseball Field, Basketball Court, Beach Club, Boat Ramp, Common Grounds, Community Center, Dog Park, Golf Course Membership Available, Marina/Marina Club, Indoor Pool, Pool, Pool Mem Avail, Tennis Court(s), Tot Lots/Playground
    • Services included: Common Area Maintenance, Management, Road Maintenance, Other
    • HOA fee: $1,498 annually
    • HOA name: OCEAN PINES HOA
    Location
    • Region: Ocean Pines

    Financial & listing details

    • Price per square foot: $489/sqft
    • Tax assessed value: $370,167
    • Annual tax amount: $3,135
    • Date on market: 8/29/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/17/2024Sold$640,000+6.7%$489/sqft
    Source: Bright MLS #MDWO2022894 Report a problem
    8/31/2024Pending sale$599,900$459/sqft
    Source: Long & Foster Broker Feed #MDWO2022894 Report a problem
    8/29/2024Listed for sale$599,900$459/sqft
    Source: Bright MLS #MDWO2022894 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,431 +7.5%$370,167 +10.9%
    2024$3,194 +1.9%$333,700 +1.9%
    2023$3,135 +1.9%$327,567 -1.8%
    2022$3,076 +1.9%$333,700 +5.8%
    2021$3,017 +0.8%$315,300 +0.8%
    2020$2,994 +0.8%$312,833 -0.8%
    2019$2,970 +1.9%$315,300 +2.4%
    2018$2,916 +2.3%$307,900 +2.3%
    2017$2,850 +13.1%$300,900 +2.4%
    2016$2,519 $293,900 +2.4%
    2015$2,519 $286,900
    2014$2,519 $286,900
    2013-- $286,900 -8.3%
    2012-- $312,900
    2011-- $312,900
    2010-- $312,900 -28%
    2009-- $434,680 +8.8%
    2008-- $399,566 +9.6%
    2007-- $364,453 +10.7%
    2006-- $329,340 +18.7%
    2005-- $277,500 +23%
    2004-- $225,660 +29.8%
    2003-- $173,820 +2.5%
    2002-- $169,512 +2.6%
    2001-- $165,206
    Find assessor info on the county website

    Neighborhood: 21811

    Nearby homes

    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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    Estimated market value
    $672,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $672,500

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