Movoto Real Estate
Sold on 05/29/2026
  • Exterior
  • Other
  • Dining
  • Kitchen
  • Entry Way
  • Bedroom
  • Bath
  • View/Area

1038 Ocean Pkwy, Ocean Pines, MD 21811

$300,000

Last sold 05/29/2026 after 42 Days

  • 3

    bed

  • 2

    bath

  • 1,056

    Sqft ($284/Sqft)

House not for sale

About 1038 Ocean Pkwy

Property type House
Neighborhood
Year built 1992
HOA fee $76/month
Lot size 8,283 Sqft
Movoto estimate
Rental estimate
Property description
The market doesn’t reward the most updated homes. It rewards the smart decisions. And this is is the exact type of home where a buyer will benefit from a smart decision. This 3-bedroom, 2-bath home, located just inside the South Gate of Ocean Pines, isn’t going to check the “fully updated” box. It checks the "best priced move-in ready" box. And that's the one that counts! Because when you pay attention to what updated homes actually cost… and what you’re really paying for… this one suddenly makes a whole lot of sense. Because every updated home comes with built-in decisions. Someone else chose the finishes... Someone else picked the budget....someone else made the compromises.....And then they priced it like it was a Palace. This home takes a different approach. It’s been consistently cared for, and lovingly maintained, but not constantly changed. With mostly original finishes, a brand-new HVAC system, and no major known issues, it offers something that’s getting harder to find… a clean, stable starting point without the added markup. Live in it As-Is. Update over time....Or leave it exactly the way it is. The decisions are yours, not inherited. The location reinforces that flexibility. Positioned just inside the South Gate, you’re set up for quick access to Route 589, Route 50, and Route 90, making trips to Ocean City, Berlin, grocery stores, restaurants, and everyday conveniences simple and efficient. Out back, the screened porch gives you a quiet place to step away, overlooking a wooded setting that adds both privacy and a sense of space. And beyond the home itself, Ocean Pines offers a level of community infrastructure that’s hard to replicate. Multiple pools, golf, marinas, parks, walking trails, and year-round amenities are part of daily life here, not something you have to search for. Minutes away, Historic Berlin offers a completely different pace with its walkable downtown, local shops, and restaurants. Ocean City is also within easy reach when the beach, boardwalk, or a change of scenery calls. This home isn’t designed to impress you in the first five seconds. It's priced to impress your financial planner. And while it's being sold in As-Is condition, it's without fears of any big issues or problems. It’s designed for the buyer who understands the value is in the freedom of not overpaying.
Listed by
Listing Agent - Grant K Fritschle
Listing Office - Keller Williams Realty Delmarva
Source: Bright MLS mls logo
MLS#MDWO2037896 • last updated 4 months ago
Movoto checked Bright MLS for data 7 minutes ago
Overview
Cooling/AC Central A/C, Ceiling Fan(s), Electric
Heating Electric, Natural Gas
Levels/Style Contemporary
Type Residential
Status Closed
SqFt 1056
Lot Size (SqFt) 8283
Lot Size (Acres) 0.19
County Tax 1982, Annually
Tax: Assessed Value 263633
Annual Property Tax 2254
Year Built 1992
HOA Fee 915, Annually
New Construction (Y/N) N
HOA Name OCEAN PINES
Foreclosure (Y/N) N
Interior
Total # of Bathrooms 2
# Full Baths 2
Total # of Bedrooms 3
Appliances Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Washer
Interior Features Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Table Space, Window Treatments, Bathroom - Tub Shower
Accessibility Features None
Exterior
Roof Asphalt
Parking Desc Off Street, Driveway
Exterior Features Exterior Lighting, Gutter System
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool Yes - Community
Inclusions See Inventory Addendum
Community Pool Indoor, In Ground
Location
Subdivision OCEAN PINES - SHERWOOD FOREST
Water Source Public
Senior Community (Y/N) N
School District WORCESTER COUNTY PUBLIC SCHOOLS
Directions South Gate. Turn Right (south) On Ocean Parkway At The Stop Sign. Home Is On The Right.
Zoning R-5
$308K
Range: $283K-$332K
Last 30 days 
Rental est.: $1,857/month
Gross rent multiplier: 13.5
  • Jun 2026
    mls logo MLS # MDWO2037896
  • Jun 2, 2026 Sold
    $300,000 (+11.1%)
  • Apr 20, 2026 Pending
    —
  • Apr 17, 2026 Listed
    $270,000
  • Year Property taxes Tax assessment
  • 2023
    $1,943 +24.0%
    $243,167 +32.61%
  • 2021
    $1,567 +16.9%
    $183,367 +29.53%
  • 2017
    $1,341 +8.3%
    $141,567 -2.7%
  • 2011
    $1,238
    $145,500
  • 1038 Ocean Pkwy
    $300K
  • Ocean Pines - Sherwood Forest
    —
  • 21811
    $519K +8% y/y
  • Ocean Pines
    $459K +6% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
1040 Ocean Pkwy, Ocean Pines, MD 21811 $358,000 —/2 1,296 0.01
1036 Ocean Pkwy, Ocean Pines, MD 21811 $505,000 3/2 1,504 0.01
13 Royal Oaks Dr, Ocean Pines, MD 21811 $393,000 3/2 1,371 0.02
1042 Ocean Pkwy, Ocean Pines, MD 21811 $367,000 3/2 1,190 0.02
1034 Ocean Pkwy, Ocean Pines, MD 21811 $323,000 3/2 1,008 0.03
15 Royal Oaks Dr, Ocean Pines, MD 21811 $401,000 3/2 1,288 0.03
11 Royal Oaks Dr, Ocean Pines, MD 21811 $418,000 —/3 1,092 0.03
17 Royal Oaks Dr, Ocean Pines, MD 21811 $407,000 —/2 1,056 0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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