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$850,000
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Property Description
Located on 81st Street and Coastal Hwy about midtown of Ocean City, MD . This is one of the nicest unit in the Exclusive Rivendell, Ocean City's Premier Bayfront Condominium, a non rental building. Large 3 bedroom, 3 bath property with the most amazing view from every room. All bedrooms have access to balconies. Open living room, kitchen, dining area with unobstructed incredible bay views and sunsets! Multiple sliders facing the bay making you feel as you are floating on the water. The kitchen features granite counter tops, updated appliances and white cabinets. The primary bedroom has access to the huge bayfront balcony. Plenty of storage in the walk in closet and a 2nd closet. The primary bath features a private water closet, large tiled shower with 2 shower heads and an oversized soaking tub, The guest wing is separate from the primary suite, featuring the other 2 bedrooms. One is a second primary with an en suite bath that has a large tiled walk in shower with 2 shower heads and a private balcony with direct bay front views, ocean and city views of Coastal Highway, as well as access to the main balcony. This wing also has a guest room with a balcony and hall bath. Laundry area has stack washer and dryer, linen and coat closet located in this wing of the condo a well. HVAC recently installed / June 2023. The Rivendell has many amenities to enjoy ...Bayfront indoor and outdoor pools, Exercise room, oversized community deck, secure access entry into the building, and a parking garage. The Rivendell is also home to the Hobbit Restaurant considered Ocean City's finest restaurant for over 40 years. Not only is this development beautifully designed both inside and out, but it's situated perfectly between the beach and bay, so residents have quick access to the beach. This bayfront condo is the epitome of luxury living, offering an idyllic retreat from the hustle and bustle of city life. Whether you desire a serene escape or a vibrant social experience, this residence will cater to your every need. Don't miss this rare opportunity to own a piece of paradise!
Full Property Details
Full Property Details for 121 81st St #501
General
- Sold For: $850,000
- Taxes: $9,539 (2024)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2028236
- Added to Site: 338 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Primary Bath(s), Primary Bedroom - Bay Front, Bathroom - Soaking Tub, Bathroom - Tub Shower, Walk-in Closet(s)
- Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Washer, Stove
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
- Main - Full Baths: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Dryer In Unit, Washer In Unit
Additional Information
- Shared Amenities: Common Grounds, Elevator, Exercise Room, Pool - Indoor, Pool - Outdoor
- Shared Pool: Yes
- Pool: Yes
Exterior
- Exterior Features: Exterior Lighting, Outside Shower, Sidewalks
- Porch/Patio/Deck: Balconies- Multiple, Deck(s), Patio(s)
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Parking Garage
- Garage Description: Covered Parking
Location
- Area: Bayside Waterfront (84)
- Municipality: Ocean City
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Building Name: Rivendell
- Driving Directions: 81st Bayfront
- Location Details: Bayfront
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
- High School: Stephen Decatur
Community
- Assoc. Fees Include: Common Area Maintenance, Insurance
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
Heating & Cooling
- Central air: Yes
- Cooling Type: Ceiling Fan(s), Central A/C
- Cooling Fuel: Electric
- Heating Type: Central, Heat Pump - Electric BackUp
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Septic, Public Sewer
- Water: Public
Structural Information
- Architectural Info: Coastal
- Architectural Style: Coastal
- Structure Type: Hi-Rise 9+ Floors
- Construction: Stucco
- Entry Floor Number: 5
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,834
- Sq. Ft. Source: Assessor
- Living Area: 1,834 Sq. Ft.
- Year Built: 2008
- Year Built Source: Assessor
- Property Condition: Excellent
Lot Features
- Property View: Bay
- Lot Dimensions: 0.00 x 0.00
- Zoning: RESIDENTIAL
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $474.37
- Assessment Year: 2024
- City/TownTax: $3,016
- City/TownTax Freq: Annually
- County Tax: $5,759
- County Tax Freq: Annually
- Tax w/Assessment: $681,567
- Tax Amount: $9,539
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1834
Disclosures and Reports
- Ownership: Fee Simple
- Condo: Yes
- Exclusions: Sold Unfurnished
- Lot Number: 501
Listed by RE/MAX Advantage Realty, Cindy Purcell
Sold by RLAH @properties, LAUDY ASHY
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Schools
Schools serving 121 81st St #501
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 4.4 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 9.4 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 8.1 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 121 81st St #501
Date
Details
Price
Change
Source
4/17/2025
Sold
$850,000
-2.3%
MLS
3/24/2025
Price Reduced
$870,000
-0.57%
MLS
2/15/2025
Listed
$875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
121 81st Street #501, Ocean City, MD 21842 (MLS# MDWO2028236) is a Condo property that was sold at $850,000 on April 17, 2025. Want to learn more about 121 81st Street #501? Do you have questions about finding other Condo 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.

