8601 Chesapeake Dr, Ocean City, MD 21842 | For Sale

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For Sale $4,234,068 ($854.68 per Sq Ft)

$4,234,068 ($854.68 per Sq Ft)
  • (0)
  • 6 Bedrooms
  • 6 Bathrooms
  • 4,954 Sq Ft
  • 7,660 Sq Ft

Description

Insight Homes is taking the guess work out of developing this stunning bayfront property located just blocks from the beach! They have a 4-story home design that will fit on this rare bayfront building lot and have already selected the structural options that they think would enhance this home. After purchasing and settling on the building lot from the current owners for $2,700,000 the option to proceed with Insight Homes to build their Isakoff home becomes a smooth and easy process. Insight Homes has carefully chosen all of the structural options they think you would love and the price of the home itself ($1,534,068) includes a $175,000 designer allowance to give the buyer the freedom to choose their own finish selections at Insight Home's design studio. Structural options already made by the builder can still be modified which could increase or decrease the price of the home. The only structural option that must be made is a side-entry garage and the builder has included an estimated contingency amount in the quoted price for this structural change. An estimated site cost allowance is also included in the price of the home. Pictures provided in listing are of Isakoff model home and do not reflect specific options that were selected for this potential build but provide an example for potential buyers to get a real feel for all that this 4-story home and all that it has to offer. Imagine the water and city views from 10 different outdoor spaces, including porches, decks, and balconies. The Isakoff will feature an elevator and owned solar panels to add to this already energy efficient home. This is a once in a lifetime opportunity to own an undeveloped southern exposure bayfront parcel of land in Ocean City, MD. Enjoy incredible sunsets from your home once this property is developed and live a convenient relaxing lifestyle with a short walk or bike ride to the beach. Lot lines on pictures were completed by the photographer and are for demonstration only. Buyers should rely on the recorded subdivision plat attached to the listing for lot line placement. No builder tie-in. Option to build with Insight Homes is just that, an option.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $4,234,068
Property Type Single Family Homes
Usable Sqft 4,954
Number of Stories 0 stories
Parking Spots 2 spots
Year Built 0
Last Sold Unknown
Sold Price Unknown
APN # 2410770273
MLS # MDWO2038148
Property ID 322797134
Lot Sqft 7,660
Zoning R-1
Days on Market 37
Original List Price Unknown
Applicances Stainless Steel Appliances,Built-In Microwave,Dishwasher,Disposal,Exhaust Fan,Refrigerator,Cooktop%
Date Updated April 27, 2026
Date Created April 26, 2026

Listing Provided By

Jonathan M Barker an agent of Keller Williams Realty Delmarva. Lic #618143


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Data last updated: June 02, 2026.
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