For sale
$450,000
Est. $2,867/mo
4
bd
2.5 ba
2,968
sq ft

562 Ocean Pkwy, Ocean Pines, MD 21811

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Price tag
Price drop
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About this home

Single-familyProperty Type
1989Year Built
9,231 sq ftLot Size
$152Price/Sq.Ft.
$73/moHOA Dues
2 garage spacesParking
Listed by Debbie Bennington Berkshire Hathaway HomeServices PenFed Realty - OP
410-208-3500 (broker)
Listing updated:
Redfin checked: 2 minutes ago
Source:BRIGHT MLS #MDWO2036888
138 days on Redfin1,884 views63 favorites

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Payment calculator

$2,867 per month

Principal and interest$2,335
Property taxes
HOA dues
Home insurance
Utilities
Down payment
20% ($90,000)
Home price
$450,000
Loan details
30-yr fixed, 6.75%
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Around this home

Schools

Showell Elementary School

Public PreK-4 • Assigned • 3.1mi

8/10
Stephen Decatur Middle School

Public 7-8 • Assigned • 4.4mi

10/10
Stephen Decatur High School

Public 9-12 • Assigned • 4.2mi

7/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

562 Ocean Pkwy · $450,000
DAYS ON MARKET
139 days
The average home goes pending in 63 days.
SALE-TO-LIST
97.9%
Most homes are selling 2% below list price.
LIST PRICE
$475,000
Median list price in this area is $435,235. (8% lower than this home)
PRICE DROP
5 price drops
29% of homes in this area have had a price drop in the past month.

Property details

Kitchen

Kitchen

Bathroom

Bathroom

Bedroom

Bedroom

Living

Living

Dining

Dining

  • Interior features
  • Open floor plan
  • Breakfast area
  • Formal dining room
  • Kitchen island
  • Pantry
  • Recessed lighting
  • Upgraded countertops
  • Central vacuum
  • Tub shower
  • Stall shower
  • Ceiling fan(s)
  • Entry level bedroom
  • Master bath(s)
  • Walk-in closet(s)
  • Window treatments
  • Sliding glass door
  • Insulated doors
  • Carpet
  • Bedrooms
  • Three bedrooms on the upper level
  • One bedroom on the main level
  • Master bedroom
  • Bathrooms
  • Two full bathrooms
  • One half bathroom
  • Kitchen
  • Built-in microwave
  • Built-in range
  • Oven - wall
  • Oven/Range - electric
  • Dishwasher
  • Disposal
  • Refrigerator
  • Upgraded countertops
  • Laundry & utility
  • Washer
  • Dryer
  • Main floor laundry
  • Flooring
  • Hardwood
  • Luxury vinyl plank
  • Carpet
  • Heating & cooling
  • Central heating
  • Central A/C
  • Electric cooling
  • Ceiling fans
  • 200+ amp electric service
  • Electric hot water

Sale and tax history for 562 Ocean Pkwy

Public record

Beds
Baths
2.5
Stories
2
Lot width
Lot depth
Lot size
9,231 Sq. Ft.
Year renovated
Finished Sq. Ft.
2,968
Unfinished Sq. Ft.
Total Sq. Ft.
2,968
Year built
1989
Style
Single Family Residential
County
Worcester County
APN
03 088324
Parking Spaces
Basement
Accessible
HOA Dues
Garage
Features
Last updated by owner on Jul 17, 2026.

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 101° 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 Pines, MD • 21811
Average low and high temperatures (°F)
40
25
45
29
58
40
66
48
72
56
83
65
85
71
80
65
76
63
68
50
59
41
47
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

92/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.7 hrs
6 hrs
JuneDecember
Provided by Shadowmap

Redfin Estimate for 562 Ocean Pkwy

$469,948
$20K over list price of $450K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $475K to $710K.

More resources

Rental earnings

Est. $3,155 per month, based on comparable rentals

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GreatSchools Ratings provided by GreatSchools.org.