




116 78th St, Ocean City, MD, 21842
About This Home
Rare opportunity to own all three brand-new luxury townhomes in one of Ocean City's most desirable bayside locations. Offered together as a package, this unique investment includes three beautifully crafted residences, each featuring stunning bay views, high-end custom finishes, and thoughtful design throughout. Built by a respected local custom builder, every unit offers expansive living spaces, conditioned garages with striking glass garage doors, and water views from each unit. Located on a short bay block from the bay and an easy walk to the beach, owners and guests will appreciate access to a quieter, low-density stretch of shoreline without the crowds. The prime location places you close to restaurants, entertainment, shopping, and everything Ocean City has to offer while maintaining a more relaxed coastal atmosphere. With no HOA or condo fees, ownership is simple and cost-effective. The property also presents tremendous rental income potential—rent all three units or keep one for personal use while generating income from the other two. Whether you're seeking a premier investment property, family compound, corporate retreat, or luxury coastal getaway, opportunities like this are exceptionally rare. Three brand-new townhomes. Bay views from every unit. No HOA or condo fees. Endless possibilities.
Getting Around
Schools
Construction
Condition
- Year built: 2025
Materials
- Foundation: Block
- Construction materials: Frame,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Triplex
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 9
Heating & Cooling
- Heating features: Heat Pump,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 5,022
- Total interior livable area: 5,022 sqft
Property
Accessibility
- Accessibility features: Other
Details
- Parcel number: 2410088283
- Zoning: R-2
- Zoning description: R2
- Special condition: Standard
Features
- Pool features: None
- Has view: Yes
- View description: Bay,Water
- Has water view: Yes
- Water view: Bay,Water
- Waterfront features: Bay
Lot
- Lot size: 6,000 sqft
- Features: Cleared
- Lot size dimensions: 0.00 x 0.00
Parking
- Total spaces: 2
- Parking features: Garage Faces Side,Driveway,Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Winter Weather
- Cold Wave
- Inland Flooding
- Ice Storm
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maryland Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $15,169 | $182,028 |
| Home Insurance * | $211 | $2,532 |
| Property Taxes | $3,437 | $41,244 |
| Electricity | $639 | $7,678 |
| Total | $19,456 | $233,472 |
Income You'd Need if You Spent...
Maryland FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-08 | Listed for sale | $2,999,900 |
| 2018-06-21 | Listing removed | $649,900 |
| 2018-06-12 | Listed for sale | $649,900 |
| 2008-05-16 | Listing removed | $349,900 |
| 2008-04-30 | Price change | $349,900 |
| 2008-04-25 | Listed for sale | $379,900 |
| 2002-05-07 | Sold | $310,000 |
