Discover your perfect waterfront haven in Caine Woods! This 4-bedroom, 3 full bath properties on a serene lagoon has been recently remodeled in a modern style. Exterior upgrades have just been completed, including new siding, all new windows, new Trex decking and stairs, and new rails. Additionally, the sunroom has been converted into a spacious 5th bedroom. The home features recessed lighting, stylish light fixtures, and luxury vinyl plank flooring throughout. It has been freshly painted and offers fully remodeled kitchen, bathrooms, along with a new washer and dryer. A new water heater ensures comfort and efficiency. The kitchen is a chef’s delight, boasting a massive luxury quartz kitchen island perfect for entertaining, with plenty of seating around it. The upstairs living room is spacious, featuring a wood-burning fireplace, a 75’’ TV, a wet bar, and two large couches leading to a deck with breathtaking water views and sunsets. Upstairs, you’ll find four beautifully remodeled bedrooms and 2 full bathrooms. The primary bedroom is generously sized with numerous windows, offering plenty of natural light. The en-suite bathroom includes a walk-in tile shower with a luxurious rain showerhead. This home is fully furnished with modern style and high-quality furniture by Article. The 2-car garage has been converted into a recreation room, complete with games and entertainment options, and ample storage for beach chairs. Outdoor amenities include multiple decks, a boat dock for boats and jet skis, and easy access to the Bay. There are great options for expanding your space. The adjacent 2 lots, zoned R-2, are offered for $475,000 with fencing and mature landscaping. Build another home to create space for a pool or a yard—both choices present exciting possibilities. Plus, this property is not in a flood zone. This is a must-see property! Don’t miss out on this incredible opportunity!
Single-familyProperty Type
1982Year Built
4,500 sq ftLot Size
$400Est. Price/Sq.Ft.
2 car garageParking
Listed by Inese DONOFRIO• Coldwell Banker Realty
•302-539-1777 (broker)
Bought with Anne Marie Mercier-Bouse• RE/MAX Advantage Realty
This 4 Bedroom 3 Bath waterfront home is located in the sought-after community of Caine Woods, located in North Ocean City. This is YOUR NEEDLE IN THE HAYSTACK as this listing not only includes a waterfront home but also the two adjoining vacant lots on the corner. Huge custom home with wide lagoon views, and yard with gazebo. The ground floor offers a living area with a wood-burning fireplace, dining room, fully equipped kitchen with breakfast bar, and a patio door with access to the first of two sundecks. One bedroom and full bath located on the ground floor. Laundry area off the kitchen to include full-size washer and dryer with storage shelves. The second level features a large living room with vaulted ceilings, a second wood-burning fireplace, a wet bar, sunroom (possible 5th bedroom) with access from the living room to the second top sundeck with open water views. The second level features three bedrooms and two full baths. Ceiling fans in every room. Additional features of the home and property include a dock and boat slip that offers quick and easy access to the open bay. Large 2 car garage with loads of storage. The Caine Woods community features a city park that includes 2 picnic areas, a tennis court, a racquetball court, and a playground. All these amenities come with NO HOA fees! Additionally, the two adjoining lot one is a corner lot being sold with this home is zoned R2A.
Public Records
Jul 13, 1981
Sold
$31,900
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$8,650 (+5.8%)
$389,800 + $248,300
$638,100
2025
$8,176 (+4.7%)
$389,800 + $248,300
$638,100
2024
$7,806 (+6.8%)
2023
$7,309 (+0.9%)
$353,800 + $166,300
$520,100
2022
$7,243 (+0.4%)
$353,800 + $166,300
$520,100
2021
$7,217 (+0.9%)
2020
$7,149 (+1.1%)
2019
$7,068 (+2.6%)
$353,800 + $152,200
$506,000
2018
$6,890 (+1.9%)
2017
$6,761 (+7.4%)
$345,800 + $132,800
$478,600
2016
$6,297 (+9.9%)
2015
$5,728 (−0.1%)
$305,800 + $117,800
$423,600
2014
$5,736 (+1.0%)
2013
$5,678 (−6.3%)
2012
$6,062
2011
$6,062 (+49.1%)
2010
$4,067 (−43.7%)
2009
$7,219
Tax history for 503 S Surf Rd
Year
Property tax
Land + Additions
Assessment*
2026
$8,650 (+5.8%)
$389,800 + $248,300
$638,100
2025
$8,176 (+4.7%)
$389,800 + $248,300
$638,100
2024
$7,806 (+6.8%)
2023
$7,309 (+0.9%)
$353,800 + $166,300
$520,100
2022
$7,243 (+0.4%)
$353,800 + $166,300
$520,100
2021
$7,217 (+0.9%)
2020
$7,149 (+1.1%)
2019
$7,068 (+2.6%)
$353,800 + $152,200
$506,000
2018
$6,890 (+1.9%)
2017
$6,761 (+7.4%)
$345,800 + $132,800
$478,600
2016
$6,297 (+9.9%)
2015
$5,728 (−0.1%)
$305,800 + $117,800
$423,600
2014
$5,736 (+1.0%)
2013
$5,678 (−6.3%)
2012
$6,062
2011
$6,062 (+49.1%)
2010
$4,067 (−43.7%)
2009
$7,219
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
4,500 Sq. Ft.
Year renovated
—
Sq. Ft.
2,648
Year built
1982
Style
Single Family Residential
County
Worcester County
APN
10 182905
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 2026.
R-1
Single Family Residential District
The purpose of this district is to provide for low density single-family residential development, together with accessory uses as may be necessary or are normally compatible with residential surroundings. The district is located to protect existing development of this character and contains vacant land considered appropriate for such development in the future.
Permitted uses
Include but are not limited to:
Housing-Single unit
Fire house
Police station
Aug 1, 2025 • Final
Deck/on-grade slab
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Attached Garage Spaces: 2
Garage Features: Garage - Front Entry
# of Total Garage and Parking Spaces: 2
Has Garage
# of Garage Spaces: 2
Attached Garage, Driveway
Interior
Bedroom Information
# of Bedrooms On Main Level: 4
# of Bedrooms On 1st Lower Level: 1
Bathroom Information
# of Bathrooms (Full) On Main Level: 2
# of Bathrooms (Full) On 1st Lower Level: 1
# of Bathrooms (Full) On All Lower Levels: 1
# of Bathrooms (Full): 3
Interior Information
Flooring Type: Luxury Vinyl Plank
Interior Features: Bar, Bathroom - Walk-In Shower, Combination Kitchen/Dining, Kitchen - Island, Recessed Lighting, Window Treatments
Living Area Sq.Ft. Source: Estimated
Wall & Ceiling Types: Dry Wall
Fireplace Information
Has Fireplace
# of Fireplaces: 2
Basement Information
Basement: No
Exterior
Property Information
Not Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Accessibility Features: 2+ Access Exits
Horse: No
Ownership Interest: Fee Simple
Property Condition: Excellent
Year Built Source: Estimated
Building Information
Building Name: NONE AVAILABLE
Construction Materials: Frame
Foundation Details: Crawl Space
Other Structures: Above Grade, Below Grade
Roof: Architectural Shingle
Structure Type: Detached
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Estimated
Tidal Water: No
Above Grade Information
Finished Sq.Ft.: 2,648
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Estimated
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
Agricultural Tax Due: No
City/Town Tax: $2,476
County Tax: $4,727
Tax Assessed Value: $559,433
Tax Year: 2024
Tax Annual Amount: $7,830
Assessments Information
Year Assessed: 2024
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
In City Limits
OC Cross Street: 136
Directions: Off Coastal Highway 136th Street make the turn to 136th St/Gorman Ave, follow to Surf Rd, make right turn property on the left.
Municipality: Ocean City
Public facts
Beds: —
Baths: 3.0
Sq. Ft.: 2,648
Stories: 2.0
Lot Size: 4,500 square feet
Style: Single Family Residential
Year Built: 1982
Year Renovated: —
County: Worcester County
APN: 10 182905
Home facts updated by county records on Aug 21, 2026
Around this home
Schools
Ocean City Elementary School
Public PreK-4 • Assigned • 7.0mi
10/10
Stephen Decatur Middle School
Public 7-8 • Assigned • 10.1mi
10/10
Stephen Decatur High School
Public 9-12 • Assigned • 9.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 100° expected this year, 18 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Ocean City, MD • 21842
Average low and high temperatures (°F)
40
28
43
31
55
41
63
49
69
58
80
67
83
74
78
67
74
67
68
54
59
45
47
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.5 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.01M – $1.22M
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