OFF MARKET

Off Market Oct 2023 for $650K

$706,660

•

1,632

sq ft

721 Rusty Anchor Rd #0022, Ocean City, MD 21842

About this home

Your dream home with spectacular sunsets is here! This cozy townhome offers 3 bedrooms, 2 full baths, and deeded boat slip with lifts for a boat an/or a jet ski. Perfectly situated and within walking distance to the beach, restaurants, shopping, and evening sunsets. You’ll feel right at home. as soon as you walk in the door! This home includes a beautifully renovated kitchen, new washer/dryer and dishwasher, The living area has a cozy fireplace and a wine cooler with wet bar. You'll have gorgeous sunset views from the living/kitchen areas as well as the primary bedroom. This home can easily sleep six or more people. And, the washer and dryer are conveniently located on the first floor. The large balcony overlooks the Assawoman bay and is perfect for relaxing morning coffee/tea, nightly happy hours or just watching the boats and taking in a sunset. Grab a bite to eat at a local restaurant, such as the Bull on the Beach or Liquid Assets. Also a short drive to the OC Convention Center which host hundreds of events throughout the year, including Endless Cruisin, Cruisin OC and OC Bikefest.

TownhomeProperty Type

1980Year Built

$433Est. Price/Sq.Ft.

Listed by Colleen Cawley • Keller Williams Realty

•302-360-0300 (broker)

•steve@srarealty.com (broker)

Bought with LISA M JACKSON • Engel & Volkers Ocean City

•443-292-6767 (broker)

Redfin checked: 2 minutes ago

•Source:BRIGHT MLS #MDWO2015648

Redfin Estimate

$706,660

$57K since sold in October 2023$52K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.7% lower than the average sale price ($783K) of 6 comparable homes.

SOLD AUG 14, 2026
$1,150,950
A
3 beds2 baths1,512 sq ft
746 94th St, Ocean City, MD 21842
SOLD MAY 29, 2026
$535,000
B
3 beds2 baths1,600 sq ft
200 Arctic Ave, Ocean City, MD 21842
SOLD JUN 25, 2026
$650,000
C
3 beds2 baths1,512 sq ft
106 Channel Buoy Rd, Ocean City, MD 21842
SOLD JUL 22, 2026
$700,000
D
3 beds2 baths1,360 sq ft
10602 Pine Needle Rd, Ocean City, MD 21842
SOLD AUG 20, 2026
$567,000
E
3 beds2.5 baths1,329 sq ft
709 94th St #3, Ocean City, MD 21842
SOLD SEP 2, 2026
$1,095,000
F
3 beds2.5 baths1,710 sq ft
10600 Pine Needle Rd, Ocean City, MD 21842

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Earn from this home

Sell

$172,013

Est. take-home

List your home with Redfin and save $7,067

Rent

$2,578/mo

Redfin rental estimate

List your home for rent

Market trends in 21842, MD

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

97.1%

0.2% MoM

Median sale price

$450K

$25K MoM

Avg. days on market

80d

2 days MoM

Recently sold homes

286

16 MoM

New listings for sale

$450,000
2 beds1 bath672 sq ft
7901 Atlantic Ave #14, Ocean City, MD 21842
(410) 629-0224
NEW 9 HRS AGO
$225,000
1 bed2 baths600 sq ft
409 Saint Louis Ave #47, Ocean City, MD 21842
(410) 822-6272
NEW 14 HRS AGO
$280,000
3 beds2.5 baths1,152 sq ft
150 Captains Quarters Rd, Ocean City, MD 21842
(410) 524-6400
COMING SOON
$548,000
3 beds2.5 baths1,859 sq ft
200 Wicomico St #102, Ocean City, MD 21842
(410) 287-8080
OPEN SAT, 10AM TO 11:30AM
$254,900
2 beds1.5 baths660 sq ft
207 144th St #102, Ocean City, MD 21842
(410) 543-4545
OPEN SAT, 10AM TO 12:30PM
$1,049,900
4 beds3 baths2,248 sq ft
103 Channel Buoy Rd, Ocean City, MD 21842
(443) 856-2211
OPEN SAT, 11AM TO 1PM
$410,000
1 bed1.5 baths649 sq ft
210 Worcester St #201, Ocean City, MD 21842
(443) 552-7579
3D WALKTHROUGH
$439,900
2 beds2.5 baths1,188 sq ft
104 120th St Unit D21, Ocean City, MD 21842
(443) 552-7579
3D WALKTHROUGH
$989,900
3 beds3 baths1,684 sq ft
6 7th St #703, Ocean City, MD 21842
(410) 524-6400
COMING SOON
$245,000
1 bed1 bath396 sq ft
512 Robin Dr #9, Ocean City, MD 21842
(443) 552-7579
See all

Provided by Redfin

Sale history for 721 Rusty Anchor Rd #0022

Date

Event

Price

BRIGHT MLS #MDWO2015648

Oct 6, 2023

Sold

$650,000

$398/sq ft

Aug 23, 2023

Contingent

—

Aug 15, 2023

Listed

$650,000

$398/sq ft

BRIGHT MLS #1001500086

Aug 11, 2005

Sold

$700,000

$429/sq ft

Jun 22, 2005

Listed

$749,900

$459/sq ft

BRIGHT MLS #1000738246

Jun 22, 2005

Listing Removed

—

May 11, 2005

Listed

$749,900

$459/sq ft

BRIGHT MLS #1000640512

Mar 18, 2005

Sold

$549,900

$337/sq ft

Jan 15, 2005

Listed

$549,900

$337/sq ft

BRIGHT MLS #1000627492

Feb 28, 2004

Sold

$395,000

$242/sq ft

Aug 26, 2003

Listed

$399,900

$245/sq ft

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Townhouse

County

Worcester County

APN

97975

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 29, 2019.

R-2

Medium Residential District

The purpose of this district is to encourage a durable and attractive vacation-living environment which includes variety in housing types but constructed in a relatively spacious form without the tall buildings, intense use of land and commercial services permitted in the R-3 general residential district. Detached cottages, townhouses, and other vacation-residential accommodations are permitted, while height is limited to five stories, density of living units is medium and commercial facilities are limited to a few needed accessory uses.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Student
Hotel / motel
Fire house
Police station

Property details

Parking

Parking Information
Off Street

Interior

Bedroom Information
# of Bedrooms On 1st Upper Level: 2
# of Bedrooms On Main Level: 1

Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 1
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full) On All Upper Levels: 1
# of Bathrooms (Full): 2

Interior Information
Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
Door Features: Storm
Furnished
Interior Features: Window Treatments
Living Area Sq.Ft. Source: Estimated

Room Information
Laundry Type: Dryer In Unit, Washer In Unit

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Electric

Basement Information
Basement: No

Exterior

Property Information
Federal Flood Zone
# of Floors In Unit: 2
Horse: No
Ownership Interest: Condominium
Property Condition: Very Good
Year Built Source: Estimated

Building Information
Building Name: Rusty Anchor
# of Levels (Total): 2
Construction Materials: Frame, Vinyl Siding, Stick Built
Foundation Details: Concrete Perimeter
Main Entrance Orientation: East
Other Structures: Above Grade
Outdoor Living Structures: Deck(s)
Pets Allowed: Yes
Pet Restrictions: No Pet Restrictions
Structure Type: Interior Townhouse/Rowhouse
Window Features: Insulated, Screens
Building Not Winterized

Pool Information
Community Pool

Lot Information
Lot Features: Cleared
Navigable Water
Has Water View
Water Frontage In Feet: 40
Tidal Water: Yes

Land Information
Additional Parcels
Additional Parcels Description: Deeded boat dock with boat lift for boat and 1 for jet ski.

Dock Information
Dock Type and Features: Hoist/Lift Electric
Dock/Slip Conveyance: Deeded
# of Docks: 1
Dock/Slip Conveys: Yes

Above Grade Information
Finished Sq.Ft.: 1,632
Finished Sq.Ft. Source: Estimated

Financial

Tax Information
City/Town Tax: $1,060
County Tax: $1,903
Tax Assessed Value: $170,100
Tax Year: 2023
Tax Annual Amount: $4,814

Lease Information
Lease Considered: No

Rental Information
Total Actual Rent: $29,000

Utilities

Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Electric Previous 12 Months: $900
Electric Average / Month: $75
Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Cable TV, Electric Available, Phone Available, Sewer Available, Water Available
Water Average / Month: $48
Water Previous 12 Months: $576
Water Source: Public

Location

Homeowners Association Information
Condo/Coop Fee: $5,256
Condo/Coop Fee Frequency: Annually
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Insurance, Trash, Ext Bldg Maint

School Information
School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent

Location Information
In City Limits
OC Cross Street: 94
Directions: Heading South on Coastal Highway, right on 94th Street, left on Rusty Anchor which bears right. Rusty Anchor #22 is straight ahead after bearing right.
Entry Floor Number: 1
Location Type: Bayfront
Municipality: OCEAN CITY
Road Responsibility: Public

Waterfrontage Information
Water Access
On Waterfront
Water Oriented
Water Body Type: Bay
Water Body Name: Asssawoman Bay

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Townhouse
Year Built: —
Year Renovated: —
County: Worcester County
APN: 97975

Home facts updated by county records on Oct 29, 2019

Other

Miscellaneous Information
Vacation Rental

Around this home

Schools

Ocean City Elementary School

Public PreK-4 • Assigned • 4.7mi

10/10

Stephen Decatur Middle School

Public 7-8 • Assigned • 8.2mi

10/10

Stephen Decatur High School

Public 9-12 • Assigned • 8.0mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

10/10 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, 17 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)

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

$672,000 – $813,000

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Nearby similar homes

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New listings for sale in 21842

$450,000

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7901 Atlantic Ave #14, Ocean City, MD 21842

(410) 629-0224

NEW 9 HRS AGO

$225,000

1 bed2 baths600 sq ft

409 Saint Louis Ave #47, Ocean City, MD 21842

(410) 822-6272

NEW 14 HRS AGO

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150 Captains Quarters Rd, Ocean City, MD 21842

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COMING SOON

$548,000

3 beds2.5 baths1,859 sq ft

200 Wicomico St #102, Ocean City, MD 21842

(410) 287-8080

OPEN SAT, 10AM TO 11:30AM

$254,900

2 beds1.5 baths660 sq ft

207 144th St #102, Ocean City, MD 21842

(410) 543-4545

OPEN SAT, 10AM TO 12:30PM

$1,049,900

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103 Channel Buoy Rd, Ocean City, MD 21842

(443) 856-2211

OPEN SAT, 11AM TO 1PM3D WALKTHROUGH

$410,000

1 bed1.5 baths649 sq ft

210 Worcester St #201, Ocean City, MD 21842

(443) 552-7579

3D WALKTHROUGH

$439,900

2 beds2.5 baths1,188 sq ft

104 120th St Unit D21, Ocean City, MD 21842

(443) 552-7579

3D WALKTHROUGH

$989,900

3 beds3 baths1,684 sq ft

6 7th St #703, Ocean City, MD 21842

(410) 524-6400

Home values near 721 Rusty Anchor Rd #0022

Data from public records.

Address	Redfin Estimate
717 Rusty Anchor Rd Apartment 11, Ocean City, MD 3 Beds \| 2 Baths \| 1228 Sq. Ft.	$526,652
717 Rusty Anchor Rd Apartment 10, Ocean City, MD 3 Beds \| 2 Baths \| 1228 Sq. Ft.	$543,637

Address	Redfin Estimate
717 Rusty Anchor Rd Apartment 9, Ocean City, MD - Beds \| 2 Baths \| 1228 Sq. Ft.	$454,465
717 Rusty Anchor Rd Apartment 8, Ocean City, MD 3 Beds \| 2 Baths \| 1228 Sq. Ft.	$570,524

Address	Redfin Estimate
717 Rusty Anchor Rd Apartment 2, Ocean City, MD - Beds \| 2 Baths \| 1456 Sq. Ft.	$578,681
717 Rusty Anchor Rd Apartment 7, Ocean City, MD 3 Beds \| 2 Baths \| 1456 Sq. Ft.	$645,959

Property information provided by BRIGHT MLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 21842, MD

Sale history for 721 Rusty Anchor Rd #0022

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 21842

Home values near 721 Rusty Anchor Rd #0022

More real estate resources