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Listing provided courtesy of Windermere RE/AberdeenNWMLSMLS# NWM2239702MLS Provider
  • 3 views

This 3 +/- acre residential development site is located in Ocean City and within a short distance of the Ocean Beaches. The potential building site has been cleared, is level and sits on an elevated bench. There is a 30' x 32'-foot shop and well house on the lower part of the property. The site has good access from along State Route 109 and a partially finished roadway to the potential building site. Power is along State Route 109. An on-site septic system will be required for development. The property is zoned Resort Residential (R3) and single-family dwellings, two-family dwellings and short-term rentals are outright permitted uses. The property consists of three tax parcels.

Source: NWMLS, MLS#: NWM2239702

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  • Property Type
    Land
  • Lot
    3.00 acres

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  • Median Age
    62
  • Population Density
    168
  • College Educated
    30%
  • Estimated Median Income
    $47,399
  • Estimated Total Home Owners
    2,674
  • Estimated Total Renters
    739
  • Owner / Renter Divide
    78% / 22%
  • Estimated Average Household Size
    2
  • Total Population
    6,444
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2724 State Route 109

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
8/15/2025Source: NWMLS Status Change
Active
8/4/2025Source: NWMLS Status Change
Pending Feasibility
9/27/2024Source: NWMLS Price Reduction
$255,000 -5.6%
5/20/2024Source: NWMLS Added to Database
May 20, 2024