Under Contract

MLS: #MDWO2040794, Listed By: Terence Riley, RE/MAX Advantage Realty, Source:Bright MLS

103 Wilmington Lane #5

OCEAN CITY, MD 21842
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Bed 3

Bed

Bath 4

Bath

SqFt1,916

Sqft

True gems in real estate are rare — and every so often, one appears that even surprises seasoned professionals. Tucked away in the heart of downtown between 1st and 2nd Street, this exceptional property is one of those rare finds. Perfectly positioned just steps from the beach, boardwalk, and bay, this coastal retreat blends charm, location, and functionality in a way that is hard to duplicate. This unique residence is filled with character, featuring charming gable windows on both sides and six inviting balconies spanning the front and rear of the home. From the front balconies, enjoy glimpses of the ocean and boardwalk, while the rear porches offer peaceful peeks of the Assawoman and Isle of Wight Bays. Offering three spacious bedrooms, each complete with its own ensuite bath, this home was thoughtfully designed for comfort and privacy. A rare two-car garage provides coveted downtown parking and storage, while the fourth level offers additional storage space along with a bedroom featuring soaring vaulted ceilings that create a bright and airy retreat. The kitchen is beautifully appointed with granite countertops and stainless steel appliances, while all bathrooms — including the powder room — continue the upscale finishes with granite-topped vanities. Recent updates include two newly installed heat pumps, providing peace of mind and energy efficiency. Although technically classified as a condominium due to zoning, this residence truly lives and feels like a single-family home. Its layout, privacy, and presence set it apart from typical downtown offerings. Lovingly maintained and successfully operated as a self-managed rental property by the current owners, this home offers incredible flexibility for its next chapter — whether as a primary residence, vacation getaway, investment property, or a combination of all three. Experience the charm, walkability, and coastal lifestyle that only a historic seaside town of more than 150 years can provide.

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Detail Ic Property Details

Property Type : Residential

Price : $589,900

AD Id : 91436174

MLS Id : MDWO2040794

Beds : 3

Living Area Size : 1,916 Sq. Ft

Tax Amount : $5,449

Year Built : 2009

Garage : 2

County : WORCESTER

Subdivision: None Available

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Room Information

    Basement: Crawl Space
  • Interior Features

    Appliances: Electric Range, Electric Oven, Electric Water Heater, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Heater, Microwave
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Central Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 2009 Building Area Total: 1916 Construction Materials: Frame, Vinyl Siding Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 0.00 x 0.00

    Property Information

    Subdivision: NONE AVAILABLE Source Property Type: Residential Postal Code Plus 4: 4208 Property SubType: Condominium Levels: Three Or More Property Age: 17

  • Listing Price Information

    Listing Price: $589900

  • Tax Information

    Parcel Number: 2410760917 Tax Lot: 5 Tax Year: 2025 Annual Tax: $5449

  • Parking Information

    Parking Total: 2 Garage, Covered, Inside Entrance, Attached

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2 Pets Allowed: Yes
    Homeowners Association Information
    Association Amenities: None

  • Location Information

    Direction: Use GPS or call Terry WaterSource: Public
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ByOwner last updated this listing 09/28/2026 @ 12:36

MLS: MDWO2040794 LISTED BY: Terence Riley, RE/MAX Advantage Realty 410-723-3600 SOURCE: Bright MLS

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