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$312,500

  • For Sale
  • Active
  • Lots/Land
  • 0.21 Acres
See This Home
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Welcome to this beautiful waterfront lot in Ocean Pines Teal Bay Community. This pristine lot is available to Build your dream home on .21 acres with a bullhead. Cleared and ready for you to invest in the beach life and the great community of Ocean Pines. The community offers so many amenities for all ages and interests. You have the option to enjoy multiple pools, trails, parks, restaurants, golf and activities. Don't miss out on this rare opportunity to have the beach and water lifestyle. There is a survey available and great pictures to view this lovely lot. Call Today to set up your tour !

Full Property Details for 392 Ocean Pkwy

General

  • Price: $312,500
  • HOA FEE: $134/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,429 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2030022
  • Updated: 12/17/2025
  • Added to Site: 276 day(s) ago

Additional Information

  • Shared Amenities: Basketball Courts, Beach Club, Jog/Walk Path, Lake, Marina/Marina Club, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Golf Course Membership Available, Recreational Center, Swimming Pool, Tennis Courts, Tot Lots/Playground

Location

  • Area: Worcester Ocean Pines
  • County: WORCESTER
  • Subdivision: OCEAN PINES - TEAL BAY
  • Driving Directions: Race Track Rd to North Gate entrance, follow back to 392 Ocean Pkwy. Follow GPS
  • Location Details: Canal

School Information

  • School District: Worcester County Public Schools
  • Middle School: Stephen Decatur
  • High School: Stephen Decatur

Community

  • Association: Yes
  • Assoc. Fees Include: Recreation Facility, Pool(s), Reserve Funds, Road Maintenance, Common Area Maintenance, Snow Removal

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Natural Gas Available, Water Available, Sewer Available

Structural Information

  • Current Bldg. Use: Vacant

Lot Features

  • Property View: Water, Canal
  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,210
  • Lot Size Source: Assessor
  • Zoning: R -3
  • Lot Description: Bulkheaded, Cleared, Level

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Navigable Water: Yes
  • Water Access: Yes
  • Water Access Desc: Private Access, Fishing Allowed
  • Water Front Type: Canal

Financial Considerations

  • Price Per Sq. Ft.: $33.93
  • Association Fee: $1,611
  • Assoc Fee Freq.: Annually
  • Assessment Year: 2025
  • County Tax: $1,262
  • County Tax Freq: Annually
  • Tax w/Assessment: $166,800
  • Tax Amount: $1,429
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 41

Listed by Keller Williams Realty Delmarva, Sandra A Mattes

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Listing agent

— 392 Ocean Pkwy —

  • Sandra A Mattes

    Keller Williams Realty Delmarva

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 392 Ocean Pkwy

School District:Worcester County Public Schools
NameGradesDistance
Showell Elementary School
11318 Showell School Road, Berlin, MD 21811
PK-32.7 mi
Berlin Intermediate School
309 Franklin Avenue, Berlin, MD 21811
4-65.7 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Road, Berlin, MD 21811
7-84.6 mi
Stephen Decatur High School
9913 Seahawk Road, Berlin, MD 21811
9-124.4 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 392 Ocean Pkwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/06/2025
Price Reduced
$312,500
-4.73%
MLS
10/07/2025
Price Reduced
$328,000
-6.29%
MLS
8/14/2025
Price Reduced
$350,000
-6.67%
MLS
4/15/2025
Listed
$375,000
53.06%
MLS
1/27/2022
Sold
$245,000
—
Public Record
Get Price Alerts and Save Property
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 for 392 Ocean Pkwy

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,426
—
$155,133
4%
2023
$1,426
—
$148,967
—
2021
$1,419
—
$148,633
—
2021
$1,419
1%
$148,300
1%
2021
$1,411
1%
$147,400
1%
2020
$1,402
2%
$146,500
1%
2019
$1,379
1%
$145,600
1%
2018
$1,365
1%
$144,100
1%
2017
$1,350
—
$142,600
—
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 for 392 Ocean Pkwy

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Realty Delmarva, Sandra A Mattes

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392 Ocean Pkwy, Ocean Pines, MD 21811 (MLS# MDWO2030022) is a Lots/Land property with a lot size of 0.21 acres. 392 Ocean Pkwy is currently listed for $312,500 and was received on April 15, 2025. Want to learn more about 392 Ocean Pkwy? Do you have questions about finding other Lots/Land real estate for sale in Ocean Pines? You can browse all Ocean Pines real estate or contact a Coldwell Banker agent to request more information.

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