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$2,999,900
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Property Description
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.
Full Property Details
Full Property Details for 116 78th St.
General
- Price: $2,999,900
- Taxes: $17,878 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2038992
- Updated: 6/8/2026
- Added to Site: 36 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Driveway, Attached Garage
- Garage Description: Garage - Side Entry
Location
- Area: Bayside Interior (83)
- Municipality: Ocean City
- County: WORCESTER
- Driving Directions: Coastal Highway to 78th Street Bayside. Building is on Right.
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
- High School: Stephen Decatur
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Twin/Semi-Detached
- Construction: Frame, Vinyl Siding
- Foundation: Block
- Square Feet: 5,022
- Sq. Ft. Source: Assessor
- Living Area: 5,022 Sq. Ft.
- Finished Above Grnd: 5,022 Sq. Ft.
- Year Built: 2025
- Year Built Source: Assessor
Lot Features
- Property View: Bay, Water
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,000
- Lot Size Source: Assessor
- Zoning: R-2
- Lot Description: Cleared
Water Features
- Water View: Yes
- Water Front Type: Bay
Financial Considerations
- Price Per Sq. Ft.: $597.35
- Assessment Year: 2026
- City/TownTax: $5,777
- City/TownTax Freq: Annually
- County Tax: $10,639
- County Tax Freq: Annually
- Tax w/Assessment: $1,487,500
- Tax Amount: $17,878
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 5022
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 12
Listed by Coastal Life Realty Group LLC, Kevin E Decker
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Schools
Schools serving 116 78th St.
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 4.3 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 8 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 7.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 78th St.
Date
Details
Price
Change
Source
6/08/2026
Listed
$2,999,900
867.71%
MLS
5/07/2002
Sold
$310,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116 78th St.
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,825
532%
$1,305,367
553%
2023
$2,819
-29%
$200,000
-29%
2021
$3,970
—
$282,267
—
2021
$3,970
1%
$280,933
—
2021
$3,950
-1%
$279,600
—
2020
$3,978
1%
$279,600
—
2019
$3,950
-1%
$279,600
-1%
2018
$3,979
-1%
$281,700
—
2017
$3,999
—
$281,700
—
2016
$4,014
5%
$281,700
-1%
2015
$3,838
1%
$283,800
1%
2014
$3,814
—
$281,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 78th St.
116 78th Street, Ocean City, MD 21842 (MLS# MDWO2038992) is a Single Family property with 0 bedrooms and 0 full bathrooms. 116 78th Street is currently listed for $2,999,900 and was received on June 08, 2026. Want to learn more about 116 78th Street? Do you have questions about finding other Single Family real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.

