Real Estate
DECEMBER 2018
THE COASTAL REAL ESTATE RESOURCE Coastal Association of Realtors/Ocean City Today
Interest rate shifts could drive sales Slower September noted in lower three counties
Linda Moran, right, of Berkshire Hathaway HomeServices PenFed Realty presents the Coastal Association of Realtors 2018 Realtor of the Year Award to Grace Masten of Sea Grace at North Beach Realtors.
Coastal Director Austin Whitehead of Whitehead Real Estate Executives presents the Coastal Association of Realtors 2018 Rising Star Award to Kristy Thomas of Coldwell Banker Residential.
Coastal President-Elect Joe Wilson of Coastal Life Realty Group presents the Coastal Association of Realtors 2018 Outstanding Achievement Award to Vicki Harmon of Coldwell Banker Residential 120th Street.
Susan Lloyd of Mid-Atlantic Settlement Services presents the Coastal Association of Realtors 2018 Outstanding Affiliate Award to Rick Proctor of Freedmont Mortgage.
Realtors, affiliates honors presented Masten recognized as CAR Realtor of Year, Moran earns Lifetime Achievement Award
Cam Bunting, right, of Bunting Real Estate presents the Coastal Association of Realtors 2018 Lifetime Achievement Award to Linda Moran of Berkshire Hathaway HomeServices PenFed Realty.
(Lower Eastern Shore, Md.) The Coastal Association of Realtors (Coastal) recognized its 2018 award winners during a special ceremony on Monday, Oct. 24, at Dunes Manor Hotel & Suites in Ocean City. Rick Proctor of Freedmont Mortgage in Ocean City received the Outstanding Affiliate Award. Proctor served this year as chair of the Realtors Political Action Committee (RPAC) Task Force and was an active participant in the association’s legislative advocacy efforts. He visited numerous member offices to discuss RPAC and also traveled to Annapolis and Washington, D.C. to represent the association in meetings with state and national legislators. See ANNUAL on page 4
(Lower Eastern Shore, Md.) Local market activity continues to fall behind last year’s numbers, according to the September 2018 housing reports from the Coastal Association of Realtors. New listings that went on the market in September were down 7.1 percent and total active listings were down 24.4 percent compared to the same time last year in Somerset, Wicomico and Worcester counties. That translates to 559 new listings and 3,132 active listings. Individually, available housing units were up by 8.7 percent in Worcester County, and were down by 31 percent in Wicomico and by 15 percent in Somerset. Sales that made it to the settlement table in September were down by 20.3 percent overall compared to the same time last year, with Worcester seeing a 22 percent drop, Wicomico a 19.7 percent drop and Somerset a 5 percent drop. Year-to-date settlements were down overall by 5.7 percent. Individually, Somerset was up by 4.6 percent, while Worcester was down by 7.6 percent and Wicomico was down by 5.4 percent. Listing prices continued to rise throughout the month, reaching a median price of $164,900 in all three counties, which is 10 percent higher than the same time last year. The median sale price, however, was $145,000, which is 6.4 percent lower than the same time last year. The overall cumulative days on market was 75.25, which is 22 percent lower than the same time last year. “We’ve been seeing very similar trends each month for the past several months – low inventory, higher prices, less settlements,” said Coastal President Joel Maher. “However, we wouldn’t be surprised to see a shift in October’s market, given the recent interest rate increase that could prompt buyers to act now before the rates get even higher.” Lawrence Yun, the chief economist for the National Association of Realtors (NAR), said in a recent report that rising interest rates are not expected to have negative impact on the national real estate market. See INTEREST on page 3
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
PAGE 2
Real Estate
NOVEMBER/DECEMBER 2018
INDEX OF ADVERTISERS
Nanette Pavier/Holiday Real Estate .............................................Page 2
Published by Ocean City Today for the Coastal Association of REALTORS. Advertising in this publication is limited to members and affiliated members of the Coastal Association of Realtors. THE COASTAL REAL ESTATE RESOURCE Coastal Association of Realtors/Ocean City Today
EXIT Realty At The Beach .............................................................Page 3 Mickey Lobb/Berkshire Hathaway/PenFed Realty ......................Page 4 Debbie Bennington/Berkshire Hathaway/PenFed Realty............Page 4
The COASTAL ASSOCIATION OF REALTORS® (CAR) is a trade organization for real estate professionals in Wicomico, Worcester and Somerset Counties on the Eastern Shore of Maryland. Its membership consists of more than 1,000 REALTORs® and affiliate members serving the home-buying and home-selling needs of the public since 1957. The term REALTOR® is a registered collective membership mark, which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and subscribe to its strict Code of Ethics. The COASTAL ASSOCIATION OF REALTORS is located at 314 Franklin Avenue, Suite 106 • Berlin, MD 21811. Phone: 410-641-4409. On the Web: www.coastalrealtor.org
Linda Moran/Berkshire Hathaway/PenFed Realty ......................Page 5 Berkshire Hathaway/PenFed Realty - Ocean Pines......................Page 6 Berkshire Hathaway/PenFed Realty - Ocean Pines ......................Page 7
Bunting Realty ...............................................................................Page 8 Beth Gismondi/Allstate Insurance................................................Page 8 Sherri Smith Custodio/Keller Williams Flagship Maryland.........Page 9
George Rines/Coldwell Banker Residential Brokerage...............Page 10 Jennifer Cropper-Rines/Coldwell Banker Residential Brokerage ...Page 10
OCEAN CITY TODAY is the leading newspaper publisher on the Maryland coast, with Ocean City Today publishing weekly on Friday and Ocean City Digest publishing on Thursday and Real Estate, the Coastal Real Estate Resource publishing key weekends throughout the year. On the Web: www.oceancitytoday.net
Maryland Title Service .................................................................Page 10
Terri Moran/Coldwell Banker Residential Brokerage ......................Page 11
Bill Nielander/Long & Foster.......................................................Page 12 Mary McCracken/Long & Foster .................................................Page 13 Long & Foster - Ocean City ..........................................................Page 14
Publisher .....................................................................Christine Brown Editor ......................................................................... Stewart Dobson Assistant Publisher........................................................... Elaine Brady Account Managers........................................ Mary Cooper, Shelby Shea Classifieds/Legals Manager ........................................ Nancy Hawrylko Senior Designer .............................................................. Susan Parks Graphic Artists .............................................. Kelly Brown, Kyle Phillips Admin. Assistant................................................................... Gini Tufts
Tim Meadowcroft/Long & Foster ................................................Page 15 Bud Church Realty/Coldwell Banker...........................................Page 16 Marlene Ott/Shamrock Realty Group .........................................Page 16
Shamrock Realty Group ...............................................................Page 17 Power of Two/Hileman Real Estate ............................................Page 18 Hileman Real Estate.....................................................................Page 19 Nancy Reither/Coldwell Banker Residential ..............................Page 20
410-72-6997 x107 www.oceancitytoday.net
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LD O S Fantastic ocean & sunrise views & Great wave watching from deck Third floor east side close to beach Freshly painted & ready to enjoy Outdoor Pool & Elevator Near shops, restaurants, entertainment & close to city boat launch MLS 1002037808
NOVEMBER/DECEMBER 2018
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
PAGE 3
Interest rates rise, sales could follow Continued from page 1
“We have two opposing factors affecting the market: the negative impact of rising mortgage rates and the positive impact of continued job creation,” Yun said. “This should lead to future home sales staying fairly neutral. As long as there is job growth, rising mortgage rates will hinder some buyers, but job creation means second or third incomes being added to households, which gives consumers the financial confidence to go out and make a home purchase.” According to a recent report from the Maryland Department of Labor, Licensing and Regulation, total employment increased in Maryland by 4,600 jobs in August of this year. Since January 2015, total employment in Maryland has increased by 107,000 jobs. The state’s unemployment rate has decreased to 4.2 percent. “Our area is due for a market boost now that interest rates are going up and consumer confidence is at an all-time high,” Maher said. “Increased rates mean more buyers and more buyers should spur more sellers.” Coastal’s monthly local housing statistics are pulled from the Bright Multiple Listing Service, which represents the activity of over 1,000 local Realtors in Somerset, Wicomico and Worcester counties, as well as 85,000 real estate professionals across the Mid-Atlantic. The Bright MLS service area includes Maryland, Delaware, New Jersey, Pennsylvania, Virginia, Washington, D.C., and West Virginia. Visit www.coastalrealtors.org for more information.
Direct: 410-629-9070 EX XIIT REEA ALT Y AT TTH HE BEEA AC CH H Office: 410-208-EXIT TTeext ‘Bernie’ at 85377 for complete info
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REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
PAGE 4
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Annual awards ceremony recognizes achievements
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410-208-3500
Continued from page 1 Vicki Harmon of Coldwell Banker Residential Brokerage 120th Street in Ocean City received the Outstanding Achievement Award. Harmon is a past president of the association and holds numerous professional certifications. In the coming year, she will serve as district vice president to represent the association at Maryland Realtors meetings in Annapolis, and she will co-chair the planning committee for the Maryland Realtors annual conference. Kristy Thomas of Coldwell Banker Residential Brokerage in Salisbury received the Rising Star Award. Thomas has volunteered for the association since she became a member three years ago. She has served on the Technology and Community Outreach committees, and earned her Seniors Real Estate Specialist designation last year. Ginnie Malone of Coldwell Banker Residential Brokerage in Salisbury received the Community Service Award for her humanitarian efforts to make the lower Eastern Shore a better place to live, work, and play. Linda Moran of Berkshire Hath-
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NOVEMBER/DECEMBER 2018
away HomeServices PenFed Realty in West Ocean City received the Lifetime Achievement Award. Moran has worked in real estate for the past 40 years. She is a past president of the association and still serves on numerous committees. She has earned three designations and five certifications. Grace Masten of Sea Grace at North Beach Realtors received the Realtor of the Year Award. Masten serves on the Coastal Board of Directors, while also sitting on a number of committees and chairing the association’s Rentals Task Force. She also volunteers for Maryland Realtors and National Association of Realtors committees, while serving as president of the MD/DC Region of the Residential Real Estate Council. “We are very proud of all our award winners and nominees,” Coastal President Bernie Flax said. “We are so grateful for their efforts and volunteer work, and we look forward to seeing how all of them will continue to better our industry through their willingness to serve others.” Visit www.coastalrealtors.org for more information.
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©2018 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire HomesServices and the Berkshire Hathaway HomeServices symbol are registered service marks of the HomeServices of America, Inc.® Equal Housing Opportunity.
NOVEMBER/DECEMBER 2018
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
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REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
NOVEMBER/DECEMBER 2018
NAR 2019 forecast sees price increases (Boston) Consumers should expect home sales to flatten and home prices to continue to increase, though at a slower pace, according to a residential housing and economic forecast session at NAR's 2018 Realtors Conference & Expo. As Lawrence Yun, chief economist at the National Association of Realtors, presented his 2019 housing and economic forecast, he was joined onstage by Lisa Sturtevant, president of Lisa Sturtevant & Associates LLC, who discussed the importance of affordable housing in the U.S.
Much of Yun's presentation focused on recent declines in home sales, but in the context of long-term trends to illustrate the housing market's actual performance. "Ninety percent of markets are experiencing price gains while very few are experiencing consistent price declines," said Yun. "2017 was the best year for home sales in ten years, and 2018 is only down 1.5 percent year to date. Statistically, it is a mild twinge in the data and a very mild adjustment compared to the long-term growth we've been experiencing over the past
few years." As to the possibility that we are currently experiencing a small bubble, Yun was quick to shut down any speculation. "The current market conditions are fundamentally different than what we were experiencing before the recession 10 years ago," said Yun. "Most states are reporting stable or strong market conditions, housing starts are under-producing instead of over-producing and we are seeing historically low foreclosure levels, indicating that people are living within their means and not purchasing homes they cannot
afford. This is a stronger, more stable market compared to the loosely regulated market leading up to the bust." Housing affordability was also discussed by both panelists. While the U.S. is experiencing historically normal levels of affordability, potential buyers may be staying out of the market because of perceived problems with affordability. "NAR research shows that a lower percentage of consumers think that now is a good time to buy, while more are indicating that it is a good time to sell," said Yun. "Problems could arise if the market is flooded with too
‘The days of easy price gains are coming to an end’
NOVEMBER/DECEMBER 2018
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
many sellers and not enough buyers. Fortunately, that does not appear to be the case, as indicated by months' supply of inventory at below five months." Sturtevant discussed the importance of homeownership on a social level — how homeowners tend to be in better physical and mental health and have greater opportunity for economic selfsufficiency. Additionally, communities with more homeowners tend to be more economically prosperous and better able to attract and retain workers. "I am a researcher, not an advocate; but the results of my research have
compelled me to see the importance of affordable, stable housing, and the positive economic impact to local communities," said Sturtevant. Looking to next year, Yun shared his forecast for home sales and median home prices. "The forecast for home sales will be very boring - meaning stable," said Yun. With a few months of data remaining in 2018, Yun estimates that existing-home sales will finish at a pace of 5.345 million—a decrease from 2017 (5.51 million). In 2019, sales are forecasted to increase to 5.4 million, a 1 percent increase.
The national median existing-home price is expected to rise to around $266,800 in 2019 (up 3.1 percent from 2018 this year and $274,000 in 2020. "Home price appreciation will slow down - the days of easy price gains are coming to an end - but prices will continue to rise." All of these forecasts, however, are dependent on higher levels of home production, Yun said. "All indications are that we have a housing shortage. If you look at population growth and job growth, it is clear that we are not producing enough houses.
PAGE 7
“This is often a local issue, not a national one, so NAR has created a website where local associations and Realtors can go for information on how to advocate for increased supply in their communities," Yun said.. Commenting on the overall health of the U.S. economy, Yun noted that the economy is "good." He noted that we have low unemployment, record high job openings, historically low jobless claims, job additions for eight straight years and wages beginning to increase. "This type of activity in the economy should support the housing market, even as interest rates rise," said Yun.
PAGE 8
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
Realttors rs® to to th the
331 Butt ttteercu up p Court • Berlin
Great G reat location location in in walking walking distan distance to to downtown downtown Berlin Berlin's restaurants & shopping! 5BR/4.5 5BA, eat-in kitchen w/bar seating ti & breakfast b kf t area w/see--through th h gas FP to t greatt room, Corian counters, Jenn Air cooktop, c wall oven & HW floors. Great at room w/custom built-in bookcases & entertainment center. Walk-in pantry, office/6th BR w/bath. 2nd floor master BR w/w /walk-in closet,, sauna & tiled bath. Nice sized laundry room. Pool, playset, 20' x 20' concrete patio w/f /fire pit. Indoor/outdoor Nutone e intercom system. 2 car garage & large shed. Irrigation system.
$550,000
25 Sloo oop p Lane • Ocean Pines
3BR/2BA on cul-de-sac. 3BR/2BA ld F hly Fresh hl painted, i t d redone d & move-in ready. New Coretec floo ors throughout & tiles in BA. Kitchen w/w /washer, dryer, re efrigerator, stove, dishwasher & hot water heater are 1 year old or less. Open floor plan w/w /wood burning FP. Master BR w/bath has garden tub, separate shower & double vanity. Large screened porch w/entrances from m great room & master. Ample storage throughout. Fresh hly landscaped yard.
$215,000 0
509 S M Maain Strreeet • Berlin
Hi t i 5BR/4.5BA Historic 5BR/4 5BA 5BR/4 5BA known k l locally ll as “Waverly” “Waverly W l ” built b ilt around d 1842. Located on 3.84 acres across from Worcester Preparatory School. 2 master BRs w/BAs. 3 fireplaces - one wood burning & 2 gas. Work ha as been completed is as follows: 3 zone heat pumps w/gass backup, all foundation & structural work is completed, new front f porch patio w/pillars, windows & siding on rear sectio on, 50 years architecture shingled roof, redid side porch, all BAs are plumbed & 3rd floor framed for a bonus/game ro oom. All that is needed is electric, insulation & finishing touches.
$425,000 0
2 Stteevenson Lane • Berlin One of the last remaining commercial c sites in downtown Berlin. Located off of Main Street behind Palmer's Appliance. Currently there is a house on the property that has h no value.
$100,000 0
Soutth h Point Road • Berlin One of a kind waterfront property on Sinepuxent Bay. Located directly across from Assateague Island. 7.62 acres of uplands and marsh. Boat landing is nearby. $420,000 0
9921 M Ma ain Strreeet • Berlin
1905 1 905 home home has has withstood withstood the the test test of of time. time 3BR/2 /2.5BA, kitchen, off ffice, living room, dining room, family room, laundry room & back b enclosed porch. 2 staircases to get you up & down plus a full basement. Walk up floored attic. Original wood floors & family room w/beam med 9' ceiling & wood stove add charm to this home.. Front porch. Gazebo & barn. Potential for 4 more lo ots.
$598,000 0
Cal all Cam m Bunt nting – 410-71 410 7113-2065 13 2065 24 Bro road Stre reet, Berl rlin, MD 21811 410-641-3313
NOVEMBER/DECEMBER 2018
Browning earns NAR executive designation (Berlin, Md.) Page Browning, executive vice president of the Coastal Association of Realtors is being honored by the National Association of Realtors (NAR) with the Realtor association “Certified Executive” designation, which recognizes exceptional efforts by Realtor association executives. Browning is one of more than 500 Realtor executives who have achieved this mark of excellence. Local and state association executives who hold the designation represent Realtors in 50 states/territories. The certified executive professional designation is the only such professional classification designed specifically for Realtor executives. It exemplifies goal-oriented executives with drive, experience, and commitment to professional growth, according to NAR’s website. Before becoming a candidate for the designation, applicants must document their association management and academic experiences. Once they have completed this first step, eligible candidates must successfully complete a multiplechoice exam based on a comprehen-
Page Browning, CAR executive
sive understanding of association operations and management practices. Candidates must demonstrate knowledge of areas critical to Realtor association management, including association law, governance, and issues related to member services. To retain the designation, executives must be recertified every four years. Continued on page 9
NOVEMBER/DECEMBER 2018
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
PAGE 9
Prices rise throughout state (Annapolis) Residential home prices remained strong in September for the eighth month in a row compared to the same period of 2017, according to housing statistics released by Maryland Realtors. Average home prices rose by 4.9 percent, while median prices also rose in September by 3.6 percent as compared to the same time in 2017. "The average residential home and median sale prices continued their rise," said Maryland Realtors President Merry Tobin. "While the 3.9 months of available inventory is a negligible increase over the 3.6 months of inventory in 2017, this has the potential to start dampening consumers enthusiasm, impacting everyone's ability to buy or sell." A six-month to 6.5-month supply
is considered to be a balanced market. The September sales total of 6,018 represents a decrease of 10.8 percent from the September 2017 total of 6,743. The September statewide median sales price was $287,700, an increase of 3.6 percent from the September 2017 median of $ $277,746. Pending sales decreased 9 percent in September compared to a year ago. The average days on market for home sales closed during September was 56, a decrease from 66 in September 2017. The average sale price compared to original list price for September increased to 96.4 percent from 95.5 percent in September 2017. Maryland monthly housing statistics are compiled by data as reported by MRIS/Bright MLS.
Browning earns NAR designation “We are incredibly proud of Page for earning this coveted designation,” said Coastal President Bernie Flax. “She is truly a wonderful asset to our association and this accomplishment shows just how dedicated she is to serving our members.” Browning also holds the “CertiContinued from page 8
SHERRI Smith Custodio
fied Association Executive” designation through the American Society of Association Executives. This credential is the marker of a committed association professional who has demonstrated the wide range of knowledge essential to manage an association in today’s environment, according to the ASAE website.
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614 Bayshore e Court 9
161B- Jamestown Road
707 94TH Street 201
2BR/ R/2BA 2 level townhome with waterfront views. Multiple balconies on the rear & front of the home. Open kitchen, family room, with a separate dining space. space Hardwood flooring g granite counters, g, counters new appliappli ances, wine cooler, r, washer/dryer, r, A/C unit, sliders, vinyl railings, pier & boat lift. MLS MDWO100082
2BR//2.5BA home with water acces. Kitchen, dining room & living room. Wood Wo o burning FP P, private balconies, Master bedroom facing the bay. Updates include HVA VAC & Hot Wa Water Heater. Heaterr. Floored attic for storage. storage No HOA, H 2 off street parking spaces. MLS MDWO100382
South Faciing Canal Front Condo 3BR/ R/2BA condo. Completely C furnished with a boa at slip in a perfect location in town. The bldg has 6 units & self managed with low condo fees. fees Convenient to man ny restaurants, restaurants shopshop ping, bus stops & walking distance to the beach. En njoy evenings on the rear deck entertaining with your family & friends. MLS M 1001818740
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R UNDEACT R CONT $135,000
$229,900
$175,000
12 139TH Sttreet 1
7 52ND Street 302 3
143 Ocean Parkway y
3BR/2BA Ocean Block, Ocean View. Covered C porch, fully furnished & ready to move in. Building has had ma any upgrades & well maintained. Master Bedroom with Master Bath. Both h Bathrooms have been updated with beautiful tile & vanities. Low condo o dues - Self managed building. Assigned off street parking. MLS 1004243640
Back on the Market! Bring all offers! Great Mid-town M location. Wa Walk to the beach & restaurants, unit located on the e top floor. r. Great views of Oce ean & Bay! Ve Very affordable location in go ood condition. Storage unit underneath for each unit. Needs third partyy approval, BPO has been com mpleted! MLS 1001818724
2BR/ R/1BA with loft area in the North Gate of Ocea an Pines. Adorable A Frame in great condition & well maintained. Large e rounded driveway & plenty of outdoor entertaining room. Newer HVA VAC & hot water heater. Fully furnished & ready to move in. Community Am menities: indoor/outdoor poo ols, beaches, boat ramp, tennis. MLS 100 01823722
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
PAGE 10
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CrropperRines.com
Licensed in MD MD
6405 Coastal Highway ay, Ocean an Cit ity, y, MD 21842 Mobile - (410) 603.6382 • Off ffice - (410) 524.61111 george@cr cropperrines.com
6405 Coastaal Highway ay, Ocean Cit ity, y, MD 21842 Cell - (443) 614.6215 6 • Off ffice - (410) 524.6111 jennife fer@cropperrines.com
$1,199,000
5BR/4 5BA 5BR/4.5BA A coastal A, t l design d i w/open / bay ay views, wrap around balconies. Master suiite w/tub & shower. Large island, graanite counters, ceramic tile floors, dou fl uble oven & open to living & dining areas. a Carpet throughout. HW in liviing room. Home is detached and a on the end of a row. The Sunseet Island community w/3 privatte bay ay beaches, interactive fountains & splash pad, market, fo restaurantt, walking/jogging path, fishing/craabbing pier, fi r, clubhouse w/fi fitness room, r indoor heated pool & outdoorr pool. (1009946730)
$434,650 3BR/2.5BA w/easy access to open water w/views of St. Martins River. Close proximity to community owned private boat ramp mp. Vi Views fr from living area, master BR, kitchen & one of the outdoor decks. Garage w/convenient nt side entrance to take the water toys to your boat that sits on a 12500 LB boat lift ft. (1008169740)
$219,900 Well maintained 3BR/2BA A rancher on great corner lot w/bonus sunroom. Large driveway. d y Private deck fl flows from the sunroom. Large jetted tub in 2nd bathroom. fr Open kitchen, k living, dinin ng & sunroom. Storage shed. Perfe fectly situated near the North Gate & parks. Enjoy all the amenities Ocean Pin nes has to off ffer! (1002149274)
The property information herein is derived from various sources that may include, but not limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor agents a and are not employees of the Company. ©2017 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Operated by a subsidiary of NRT LLC. Coldwell Banker, the Coldwell Banker logo, Coldwell Banker Previews International and the Previews logo are registered and unregistered service marks owned by Coldwell Banker Real Estate LLC. 107771BALT_07/15
NOVEMBER/DECEMBER 2018
Expert panel reports on its list of issues facing industry (Boston) Housing affordability, disruptive technology and rising interest rates were just some of the issues the Counselors of Real Estate (CRE) named most likely to affect the real estate industry during a session titled "Update: The Top Ten Impacts on Real Estate 2018-2019" at NAR's 2018 Realtors Conference & Expo. Each year CRE members pool their research, analysis and information to develop a “Top Ten Issues Affecting Real Estate” list and the substantiation that validates it. This list identifies the most pressing trends and challenges that will have an impact on the housing and commercial real estate market now and in the years to come. "Real estate touches every American, from every part of the country and every walk of life," said panelist Hugh Kelly, of Hugh F. Kelly Real Estate Economics. "The concerns facing the real estate industry are our common concerns." The group divided the list into two groups: issues the organization believes the industry needs to be thinking about in the coming year and issues that will be important over the next 10 years. Here are the two lists:
Current Issues 1. Interest Rates & the Economy 2. Politics & Political Uncertainty 3. Housing Affordability 4. Generational Change/Demographics 5. E-commerce & Logistics "When it comes to politics, CRE tries to illuminate rather than advocate," Kelly said. "However, we think it is obvious that the dysfunctional state of our political discourse and our unwillingness to compromise on issues stand in the way of problemsolving – problems like the ones on this list." Longer-term Issues 1. Infrastructure 2. Disruptive Technology 3. Natural Disasters & Climate Change 4. Immigration 5. Energy & Water "It is widely known and documented that as infrastructure deteriorates, so do the local neighborhoods and communities," said panelist Julie Melander, vice president-portfolio management at Carter Validus. "The reverse is also true: in regions where infrastructure is invested in, we see a growth in population, an increase in business investment and a rise in property values."
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
NOVEMBER/DECEMBER 2018
4 ,
,
-
m o ra n c b m ove. co m
D
PAGE 11
w
410-
6 n . co
- 111
Assistin ssisting Buyer ers & Seller Sellers for Over 25 Year Y ars! O C E A N B R E A K 109 OCEAN BLOCK
$
349,900
Masonry 3 BR/2 BA B Rooftop Pool & De eck Over $20,000 Gross Rentals R
DIAMOND HEAD 112 OCEAN BLOCK
DIAMOND BEACH 412 O C E A N F RO N T
$
J A M A I C A I I I 2 01 BA AY Y SIDE
364,900
Exterior Buillding Refurbished 4th level 2 BR/ 2 BA Large Laaundry Room
PELIC AN’S PERCH 102 BA AY Y SIDE
$
124,900
$
Corner with Side Window O Block from Public Park One Canal View from Balcony
WHY C CHOOSE OOSE TERRI?? For many years y rs I have help lped hundre reds ds of clients navigate the
389,500
Year Round or Summ mer Retreat 3 BR/3 ½ BA, 3 Level To Townhome 2 Car Garage & Outd door Pool
THE MERIDIAN 305 O C E A N F RO N T PENDING IN 27 DA AY YS!
oft ften comp plex ex and ever-changing wo worl rld of real estate. Wh Whether buyi ying orr selling, my job is to keep ep my clients we well info formed throughout the t process. Because I am patient, t, unders rstanding and d $
284,500
Great Ocean & Beach View 2BR/2BA, Outdoor Pool P 2 Assigned Parking Sp paces
FOUNT TA AINHEAD TOWERS 1503
O C E A N F RO N T
$
255,000
Over 1800 Sq. Ft., 1 BR R/1 BA In House Mgmt. - Securee Building Outdoor Pool
profe fession nal,l, a larg rge percentage of my business comes to me thro rough re refe ferra rals of past clients ts and Realtors rs wh who re recognize my dedication to the profe d fession and the public.
OCEAN PLACE 112 O C E A N F RO N T
$
250,000
Large 1 BR/1 ½ BA 1st Level w/Greaat Beach & Ocean View Outdoor Pool & Assigned Parking
OUR PLACE @ BEACH 106A BA AY Y F RO N T
$
$
Over 1600 sq. ft. 3 BR/3 BA Outdoor Pool & Fitn ness Room Great Ocean & Beaach Views
HARBOUR SAILS 201 BA AY Y F RO N T
239,900
Full Size 2 BR/2 BA Faabulous Bay & Wildlife fe Views On Premise Mgmt. - Outdoor Pool
779,000
$
169,900
Outdoor Pool & Te Tennis OC Skyline & Sunsset Views Beautiful Non-Rentaal 1BR/1BA
TERR RI’S SAT ATISFIED CLIENTS C SAY AY… Very knowledgeable in the resort market. Provided P market analysis to determine best listting price. Great negotiating skills. Works tirelessly to get deals done. . . . Seller & Buyer John G. Very profe fessional, helpful and responsive. Was W referred by my sister who is in real estate (rentals). I highly recommend Terri fo Te for your real estate needs. . . . Buyer Ea arle R. I have used her services for 3 different real estate e transactions. She was flexible and know wledgeable to handle each diffe fferent situation. She works hard and doe es all she can to get the deal done. And she is a nice person. I can't think of anything else you would want from a realto or. . . . Seller Pat P. P.
6405 Coastal Highwayy, Oceaan City, MD | 410-524-6111 | CBmove.com | OceanCity | 64th st.
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
PAGE 12
NOVEMBER/DECEMBER 2018
OVER 33 YEARS OF EXPERIENCE at the Beach!
“Mrr.. Bill” Nielander Associate Brokkeerr,, GRI Cell: 410-430-8783 • Email: OCMrBill@aol.com
Call Me TTo oday TTo o Market Y Yo our Property!
Licensed in MD & DE to Serve All Y Yo our Coastal Real Estate Needs
OCEANFRONT–SEA WATCH
10900 COAS STAL HIGHWAY UNIT 2003: Two bedroom - One and a haalf bath condominium with a Direct
Oceanfront Beedroom, Review the photos andd you will see this condominium m reflects the owner’s pride of ownership. AC replaced July 2017. 2 Hot Water Heater replacced 2014. Building has many amenities: Outdoor Pool and Inddoor Pool, Large Sun Decck with a Cabana serving your favorite drinks and food, Privaate Beach, Tennis and Racket Ball and Shuffle Booard Courts, Game Room, Etc.. Etc. Etc. $589,900
CAPRI - OCEANFRONT BUILDING
INVESTMENT PROPERTY
CAPRI UNIT 17002: 3BR/2BA
Condominium w/ba alcony providing fantastic view of Asssawomen Bay & gorgeous Sunsets.. Upgraded Kitchen & both BAs have bee en upgraded. Turn key, fully furnished, all you y need is your toothbrush & swim suit. $379,000
OCEAN FRONT 10900 COAST TAL HIGHWAY UNIT 2003: Tw wo bedroom - One
and a half bath condominium with a Direct Oceanfront Bedroom, Review the phhotos and you will see this condoominium reflects the owners pride of o ownership. AC replaced July 20017. Hot Water Heater replaceed 2014. Building has many ameenities: Outdoor Pool and Indoor Poool, Large Sun Deck with a Cabanaa serving your favorite drinkss and food, Private Beach, Tenniss and Racket Ball and Shuffle Booard Courts, Game Room, Etc. Ettc. Etc.
$305,000
-
7004 COASTAL HIGHWAY: Buildinng has four 1BR Apartments & oone 2BR Apartment. Siding, windows & stoves replaced Spring of 2017. Only the One Bedroom Apartments are rented for a Gross Reental Income of $21,600.00 for S Summer Season. Owneers use the 2BR Apartment. If thee two bedroom were rented it woould add $7,000.00 to the GRI. Walls & ceilingss are Knotty Pine for easy mainteenance. Located on ocean block side of Coastal Highw way. Plenty of parking in front & bback. CAINE WOODS
402 144TH STREET UNIT 302: 2BR/1.5BA near the Delawaree Line. Vaulted ceiling w/skylights. Clean as a pin & shows like a model. Small association. Large storage area. Just 5 blocks from the Ocean & beach, verry convenient to water park, miniature golf & resttaurants.
LONG117&01 CFoaOstaSl HTwwyyE| ORce®anRCitEy SAquLare E S T TA A AT T E , I N C . Shopping Center Ocea ceeaan n Cittyy
$520,000
Local 410-524-1700 • T Tooll-Free 800-992-7777
$155,000
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
NOVEMBER/DECEMBER 2018
PAGE 13
11701 COASTAL HWY, OCEAN CITY
410-524-1700
410-430-7302 •
410-524-1700 • Mary@MaryMcCracken.com
Looking To Buy On The Eastern Shore, Go To www.MaryMcCracken.com HERON HARBOUR
WEST OC
Priced Under Appraisal
301 WHITE HERON CT
$
980,000
12418 COASTAL MARSH DR
$
SEA WATCH
BERLIN
Reduced
479,000
12332 HIDDEN BAY DRIVE
$
PLAZA
Waterfront
Water Views
450,000
SEAWAY
Premiere Oceanfront
Mid-Town
11500 COASTAL HWY 17 72ND ST. #4
#209 $
305,000 #717
$
OCEANFRONT 9800 COASTAL HWY
350,000
THE QUAY
THE QUAY
Open Floor Plan
10700 COASTAL HWY
$
244,900
$
219,000
CENTURY I
Fabulous Oceanfront
10700 COASTAL HWY
$
275,000
Water Views
9900 COASTAL HWY
$
300,000
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
PAGE 14
NOVEMBER/DECEMBER 2018
Official Drop Off Location
LONG & FOSTER REAL ESTATE, INC.
Ocean City
11701 Coastal Hwy | Ocean City Square Shopping Center | 410-524-1700
DELAWARE
MALLARD LAKES
37269 SUGAR HILL WAY SELBYVILLE, DE
38294 HUMMINGBIRD LANE SELBYVILLE, DE
One of the largest lots in Shady Park. Large 4 season addition. Trex deck, 2 Oversized bedrooms, large living room & dining area. Huge kitchen w/double oven & cook top stove. All appliances convey. Ground rent is $396 per month. (1001573732) $88,900
End unit 2BR/1.5BA. Totally renovated 5 years ago. The 1st floor w/new HW floors, dry wall, kitchen w/granite counters & 5 year old appliances. Renovated powder room & upstairs bath. Sun porch overlooks water. Outdoor shower. Front shed. Less than 2 miles to beaches of Fenwick & OC. Community pool, clubhouse & tennis courts. (1001571422) $215,000
PRINCESS ANNE
DELAWARE
HIDDEN HARBOR
DALE CHAMBERS GRI,CRS Cell: 443-858-3728 POINT ROAD UNIT LOT 10 A Beautiful waterfront lot surrounded on all sides by Saint Peter's Creek. Perfect for building your waterfront home. The lot was approved for on-site water supply and sewage disposal pending an acceptable site plan. With NO HOA fees. (1001907088) $70,000
36754 BREAKWATER RUN
205 125TH STREET, UNIT 215C3
3BR/2.5BA. 1st floor master with sitting area, mater BA, vanity area, walk in shower, linen closet and walk in closet. Country kithchen with breakfast nook, dining room and living space with gas fireplace. French door leads you to a Trex deck. Upstairs is a sitting loft area, 2 beds and a full bath. (1001928018) $335,000
2BR/2BA w/views. Deeded boat slip. Steps to Northside Park. No better way to kick off your holiday season! Seconds to the bay by boat. 2nd floor location. Fully furnished & turn key, just bring your bathing suit. Pool & tennis courts. (MDWO100164) $325,000
LINDA ZARETSKY Cell: 410-603-6625 Office: 410-524-1700
TOM NIEMKIEWICZ Cell: 410-603-2136 4 CANVASSBACK CT
305 11TH ST
One of a kind 40,225 sq. ft. lot with 250 ft. of maintenance free waterfront including unobstructed panoramic views of the open bay & Ocean City skyline. 80 ft. dock on navigable deep water. Ready to build your dream home. Lots of Ocean Pines amenities. (1001559396) $545,000
View of the open bay from this beautifully furnished 4th fl. 3BR/2BA 1680 sq. ft. unit. large private balcony, open floor plan, gas fireplace and private storage locker. Outdoor pool and fishing/crabbing piers on the bay. 1 year warranty included. (1001561918) $385,000
10900 COASTAL HIGHWAY UNIT 414 Remodeled direct ocean front 4th fl. efficiency w/unobstructed panoramic views of the beach & ocean. Beach front amenitiespool, tennis court, private lounge & beach. Great getaway w/option of having an attractive rental unit. Gross rental for 2018 was over $11,000. Cable & WI-FI included in condo fee. (1003728342) $169,900
BAYVIEW ESTATES
KEENWICK SOUND
13367 COVE LANDING ROAD BISHOPVILLE 3BR/2BA Boaters’ Paradise. Large cleared corner lot w/panoramic waterviews, on about half acre. Lower level has potential. Located near shopping, restaurants, theater at The Freeman Stage. Near OC & Fenwick Island beaches. Low home association fees. OFFERS WELCOME! (1001562874) $389,500
37835 W STONEY RUN SELBYVILLE 3BR/2.5BA in waterfront community w/any upgrades. Oversized 4 car garage. Low association dues & DE taxes. Owner is licensed real estate agent. New encapsulated crawl space. Master BR w/sitting area & BA w/shower & large garden tub. Boat ramp available & takes you out directly to Assawoman Bay & OC. (1005955951) $379,500
LESLIE BAUER
13400 COASTAL HIGHWAY, UNIT N603 Spacious (over 1300 sq ft) 3BR/2.5BA in building w/elevator & pool! In great condition. 1 block to beach w/restaurants nearby. Close to Northside Park. Peek of ocean & bay from balcony & living room. Loads of storage, double door storage closet in hall & huge master walk-in closet. Great rental opportunity. Plenty of parking. (1007536368) $315,000
Cell: 443-889-4171
REDUCED AGAIN!
TINA GUGLIOTTA Direct: 302-388-5998
4500 COASTAL HIGHWAY • UNIT 104
Buyer Incentive!! Condo fees for the first 3 months will be paid by the seller! NEW boardwalk-like flooring & ceramic tile. NEW full size washer, dryer & refrigerator. Elevator! Plantation shutters. Master bath has a soaking tub and shower. Huge closets! Large storage unit, Gas fireplace, Private balcony. HOME WARRANTY! Rooftop pool & fitness center with views. (1001564294) $259,900
105 120TH STREET, UNIT 104B Exceptional 1st floor 2BR/2BA w/many upgrades. White kitchen cabinets, smooth top stove & large pantry. Master BR w/huge closet & new sliding glass door. Laundry room & updated bath w/walk-in stall shower. Newer bamboo & luxury vinyl floors throughout. BAs w/new light fixtures, toilets & vanities. Newer HVAC & hot water heater. (1008173288) $195,000
Make The Right Move To
Long & Foster Ocean City Please call or email me for a confidential Conversation on joining our team:
KAREN RUSSO Cell: 410-262-7320 Office: 410-524-1700
LOT 9 KELLY ROAD Excellent building lot in great location; lot backs up to Lot #12 on N Surf. Purchaser to verify all utilities (1001799568) $100,000
LOT 12 N SURF ROAD Ideal building lot in great location facing small Ocean City park, purchaser to verify all utilities. (1001799562) $100,000
12902 ASSAWOMAN DRIVE Rarely available lot in prime, sought after location w/utilities available. Approximately 50x100 lot previously housed a multi-unit building w/some ocean views. Steps from beach & convenient to many goods & services. (1002256902) $1,100,000
Interested in a career in real estate? Classes forming now! Visit www.longandfoster.com/careers 410-520-2707 Stan.Zaremba@LNF.com
Stan Zaremba Branch Manager
NOVEMBER/DECEMBER 2018
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
PAGE 15
2011-2017 Top Office Agent
11701 COASTAL HWY, OCEAN CITY 410-524-1700
REALTOR®
CELL: 443-235-7266 • OFFICE: 410-520-2704 • timothy.meadowcroft@lnf.com MARYLAND & DELAWARE
Your Neighbor, Your Realtor On The Eastern Shore MARYLAND
CAINE WOODS
329,900
$
(1009926312)
1 level, 3BR/2BA rancher tucked among the trees. Open concept, dining & kitchen. Bright kitchen w/island/breakfast bar, gas FP in living room & screened porch. Dining space overlooks shaded backyard. Separate laundry room w/utility sink & bonus shower off oversized 2 car garage w/work bench. Short walk to beach, shopping, restaurants. No HOA!
INCREDIBLE SUNSET VIEWS 205 Somerset St • Unit B205 Ocean City
199,900
$
(1009616632)
WATERFRONT
199,900
$
(1002029000)
NEW PRICE
302 141st St Ocean City
1BR/1.5BA boaters’ paradise. Completely remodeled w/newer HW floors, updated kitchen w/granite & SS appliances, fresh paint, newer carpet in BR, fully furnished, community pool, security gate 50 ft deeded deep water slip #23 which can be rented for $4500/season. Walk to all downtown restaurants, beach, boardwalk & waterfront attractions.
106 120th St • Unit 206 Ocean City
Spacious waterfront 2BR/2BA awaiting your personal touches. Large balcony w/expansive water views in both directions, community pool & docks (docks are $300/yr rental), elevator, nicely manicured grounds. within walking distance to beach, restaurants, & shopping.
$
359,900 (1001839692)
14010 Barge Rd Ocean City
Spacious 3 bedroom, 2.5 bath contemporary in sought after Caine Woods. New carpet, freshly painted and staged, new stove and refrigerator. Just a few blocks to the beach, restaurants, shopping & Ocean City attractions.
BONUS LOFT AREA
$
295,000 (1008174822)
NORTH OCEAN CITY 13907 Sand Dune Rd • Unit 12A Ocean City
$
185,000 (1010015620)
PRICED TO SELL!!
Extra large 2 bedroom 2 bath with cathedral ceilings, large balcony, lots of windows, huge community pool, tennis courts, and only a few blocks to beach. This condo was enjoyed by its owners for many years and was also a great rental.
TURN KEY
$
(1001561614)
NEW LISTING
A little sweat equity
would do wonders here. Make this
3BR/1BA your little $
115,000 (1002766432)
forever home. Needs
a lot of TLC. Sold as is.
$
Contemporary style on quiet street in Ocean Pines. Open & airy floor plan with lots of windows for plenty of light. First floor master with large walk in closet and en suite. Enjoy the sun room/family room with sliders leading to large deck. Skylight & 2 attic storage areas. Custom-built shed. 2 car garage.
14001 Coastal Hwy • Unit 328 Ocean City
Top floor south east end 1BR/1BA w/plenty of sunlight in N. OC's sought after Orleans Court. Pergo floors, spacious BR w/private balcony & ocean views. Complex includes fenced courtyard w/large deck area, adult & kiddie pools, elevator & laundry rooms on each floor, near shopping, restaurants & 1 block to the beach!
139,900
33 Burr Hill Dr Ocean Pines
beach getaway or
174 Windjammer Rd Ocean Pines
159,900 (1002308454)
10900 Coastal Hwy • Unit 1310 Ocean City
Efficiency in the Golden Sands. Direct oceanfront with great views. Tiled floors throughout, kitchen w/tile backsplash. Great amenity rich building w/indoor & outdoor pools, game room, exercise room w/sauna and more.
DELAWARE WATERFRONT
689,900
$
(1001566548)
OPEN FLOOR PLAN
379,900
$
(100172638)
NEW LISTING
35739 Sea Gull Rd Selbyville
Custom built 3BR/2.5BA in Swann Estates. Open galley kitchen w/tiled breakfast nook & pantry, half bath, entry & dining room w/skylights, cathedral wooden ceilings, HW floors, living room w/FP. 1st floor master. Plenty of storage, sitting room/office & den w/wood stove and more water views. Mature landscaped yard w/garden pond & shed, circular driveway & 2 car garage. HOA fee is only $300/yr.
36867 Herring Court Selbyville
3BR/2.5BA charmer in Swann Cove, w/new engineered HW throughout. Gas FP, large adjacent screened porch w/entrance to 1st floor Master suite w/separate shower, giant corner tub & 2 vanities. Cathedral ceilings, loft & 2BRs upstairs w/full bath & storage. Office off foyer, laundry room w/storage, 2-car garage w/work bench & utility sink, outside shower. Community loaded w/amenities & low HOA fees!
299,900
$
(1010014332)
FULLY FURNISHED
2 Caseys Way Ocean View
Pond front corner cottage with 2BR/2BA plus den, fresh paint, carpet & BA floors. Great open floor plan w/gas FP & abundance of light from extra windows throughout. Large deck & paver patio overlooks pond. Community pool, tennis courts RV & boat storage. Only 1 1/2 miles to the beach.
1 Tara Court Selbyville
MALLARD LAKES
THREE TO CHOOSE FROM!
Starting At $
RECENTLY UPGRADED
Room for the family in this beautifully
maintained, spacious 4BR/2.5BA on corner $
359,900 (1002226962)
lot in Victoria Forest. Bay windows, and 2 car garage.
$
459,900 (1007545390)
185,000
37873 E Bayview Cir E
Beautiful stone front 4BR/3BA contemporary home. Upgrades including hardwood flooring, vaulted & tray ceilings, large kitchen with granite and stainless appliances, family room with gas fireplace, breakfast room and sun room, formal living and dining rooms, huge master w/upgraded master bath. Lots of storage.
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
PAGE 16
Bud Church
NOVEMBER/DECEMBER 2018
Celebrating Our
30th Anni versary
410-726-5150
4503 ATLANTIC AVENUE - OCEAN CITY UNIT 302 9415 LAKE VIEW DR. OCEAN REEF – WEST OC
12626 SUNSET AVENUE UNIT 20 OCEAN CITY
Beautiful home located in Ocean Reef off Rt. 611 located in West Ocean City, MD, 5 minutes from the blue ribbon Ocean City Elementary School. As you step up onto the front porch & enter the foyer you are welcomed right into an open floor plan, fireplace, dry bar & eat in island kitchen. This floor plan offers both a downstairs master & immaculate master bathroom. This home offers a spacious 2 car garage with ample space for all of your tools & beach toys. It's a great home for entertaining friends & family. Have an outdoor cookout next to the in-ground pool with coverage from the sun in the screened in porch and patio. Now is the time to find your new home right here in Ocean City, Maryland. $499,900 MLS# 1002142630
Beautiful turn key townhouse in West Ocean City. No city taxes. Great location. Close to restaurants, shopping and the beach. A few blocks from the fishing harbor. Very nice inground pool. Townhouse offers a wood burning fireplace, screened in porch with storage closet, jacuzzi tub, newer washer and dryer, and a whole house stereo system. Perfect for year round living in West Ocean City. MLS# 1001562852
$182,900
Are you looking to live right on the beach in Ocean City, Maryland?! This unit is for YOU! 1BR/1BA in the “Windjammer” on 45th street. This building is pet friendly so bring your 4 legged friends w/you on your vacation! Building w/own private beach w/play area for the kids along w/BBQ grills on the patio to cook for the whole family. Great mid-town location right near Seacrets. Call today! MLS# MDWO100174 $189,900
UNIT 106 Are you looking to live right on the beach in Ocean City, Maryland?! This unit is for YOU! 1BR/1BA in the “Windjammer” on 45th street. This building is pet friendly so bring your 4 legged friends with you on your vacation! With over $14,000 produced in rental income this summer this unit has great rental history!! Call me today for more details. $175,000 MLS# MDWO100022
Supporting the special needsof vacation property owners 7806 Coastal Hwy., Ocean City MD 21842 www.coldwellbankerbudchurch.com Bus. 410-524-7888 | Toll-Free 800-851-7326 “Your Only Locally Owned”, Locally Managed Coldwell Banker Office
COLDWELL BANKER BUD CHURCH REALTY, INC.
Assoc. Broker, CRS
Buy Now & Enjoy the Beach Year-Round! 11049 Racetrack Rd., Ocean Pines, MD 21811
www.MarleneOtt.com C: 410-430-5743 • O: 410-641-5000 • F: 410-641-1633 • E-Mail: Marlene@MarleneOtt.com
ALL SPRUCED UP & READY
GO AHEAD - SPOIL YOURSELF!
Possible Seller Credit
Reduced!
1308 Ocean Parkway 104 White Horse Drive Custom contemporary with all the “I wants”. Open floor plan, large Sun room. Unbelievable rear yard w/hot tub, fire pit, vinyl arbor, detached shed & large paver patio w/walkway & walls. Spacious kitchen w/updated granite counters & appliances. New roof. Gas generator. 3 solar power skylights in great room area that you can open and close if desired. Tiled entry w/large closet & upper shelf w/electric. Come see all the special features & move in tomorrow. $
305,000
IN THE BORDERLINKS
WOW WATERFRONT!
Just Reduced!
Renovated 2-story Chalet style custom built 4BR/3BA. Newer kitchen cabinets & lighting, new SS kitchen appliances, baths & shower, solid-core interior doors, waterproof vinyl floors in living room, carpets in BRs, ceramic tile in kitchen, dining area, hallway & BAs. 1st floor master w/BA & walk-in-closet. 3-season screen porch w/new windows. Wood-burning FP in living room. Storage shed. $ Detached storage shed. 227,500
YOUR DREAM STARTER! New Listing!
CONVENIENT LOCATION New Price!
11431 Manklin Creek Rd • Unit 8F1 2BR/2BA end unit w/views from second floor balcony. Open floor plan. Kitchen has a center island with bar seating. Dining area, spacious rooms, and gas fireplace. Master has walk-in closet & stack washer/dryer. Storage closet & assigned parking space.
177,500
$
OCEAN PINES LOTS BUILD YOUR DREAM HOME Colonial Village
75,000
$
Wooded
79,900
$
Bay Colony
89,000
$
438 Ocean Parkway UNIT AF/6
40 Moonshell Dr
Updated 3BR/2BA on 9th green. All new kitchen w/cabinets. New carpet & laminate floors thruout. New ceiling fans, HWH & stack W/D. Nice storage under the stairs or large hall closet on 1st floor. Family room/den on 1st level w/wet-bar & large closet. Seller financing for qualified buyer. Seller is licensed Associate Broker. $
3BR/2.5BA custom-built & updated 3 level home. Large pier & deck. Kitchen & bathroom makeover total over $16K. Pergo flooring. Wood burning fireplace. New roof. Bonus room w/1/2 bath. Workshop/craft room. Master on level 2 & 2BRs on 3rd floor.
169,900
488,500
$
1140 Ocean Parkway 3BR/2BA. Great indoor space w/open living, dining & kitchen areas. Wood burning FP. 3 Season room w/access from dining area. Open deck. Detached shed. Oversized concrete driveway w/room for 4 vehicles including watercrafts. 6 ceiling fans. Sellers say to bring all offers. $ 192,500
Waterfront w/Bulkhead
140,000
$
Bay Colony Waterfront
149,900
$
Waterfront w/Bulkhead
154,900
$
NOVEMBER/DECEMBER 2018
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
11049 Racetrack Road Ocean Pines, MD 21811 www.shamrockrealty.com
“It’s Your Lucky Day!”
138 SALT SPRAY DRIVE BERLIN $98,900
34621 MOSKOV COURT PITTSVILLE $152,000
3BR/2BA BAY FRONT condo. Includes central A/C & heat, washer & dryer, kitchen amenities, fireplace, master BA with Jacuzzi tub, & balcony overlooking the bay. Includes outdoor pool, elevator, and 2 covered car parking spaces. Excellent rental property. MLS 1001563940 Call Alexander Piela at 240-678-5763
NE
NEW
8040 PURNELL CROSSING BERLIN $314,900
5BR/3BA on .83 acres.Remodeled in 2015 including new windows. New carpet replaced in bedrooms. Playground and shed included. Peaceful country living that is also close to Berlin and Salisbury. MLS 1009941334
G
IN LIST NEW
3BR/2BA. Great indoor space with an open living, dining and kitchen areas. Wood burning FP. 3 Season room. Nice open deck. Detached shed. Concrete driveway with room for 4 vehicles including watercrafts. 6 ceiling fans. Sellers say to bring all offers. MLS 1009948194
NG
Call Spike Sands at 443-235-0489
Call Kelly MacPherson 443-235-3226
11846 MAN O WAR LANE BERLIN $419,000
3BR/2.5BA plus loft. Updated w/new paint, carpet, and SS appliances. Huge front porch and back deck. Granite counters, & breakfast bar, dining area and a great room. Hardwood floors and a floor to ceiling fireplace. MLS 1009986382
Call Julie Woulfe at 443-235-0489
E PRIC
Call Marlene Ott at 410-430-5743
7 BIMINI LANE OCEAN PINES $229,000
STI W LI
Call Donna Frankowski at 973-780-7212
105 56TH ST 202P1 OCEAN CITY $289,000
1140 OCEAN PARKWAY OCEAN PINES $192,500
2BR/2BA furnished condo. Open floor plan. Rentals can gross up to 20K per season. Short walk to the beach. Low condo fee. Priced to sell. Condo Association just approved power washing and staining of the railings out of reserve fund. MLS 1009929406
Call Kelly MacPherson 443-235-3226
3BR/2BA Well cared for, new floors/ carpeting and freshly painted. Screened front porch a private fence. Centrally located open kitchen/dining area. Living room with wood burning stove. Plenty of driveway parking for cars and boats. Close to all Ocean Pines has to offer. #1002243732
Affordable 2BR/1BA home. Double wide "cottage" No ground rent! Newer roof, hot water heater, refrigerator, stove, microwave and flooring. This cottage features 2 entrances, breakfast bar, dining area, open floor plan, central air and gas stove. #1003407278 Call Mary Burgess at 443-880-3740
2701 GULL WAY UNIT 8 OCEAN CITY $174,900
4BR/2BA priced to sell! Short drive to Berlin/Assateague. Side yard with separate entrance. Living room leads to a first floor bedroom. Option of opening up the wall in the living room to make one large room. Freshly painted and carpets cleaned! Move in ready! MLS MDWC100082
44 MOONRAKER ROAD OCEAN PINES $216,500
367 SEAHAWK LANE BERLIN $129,900
3BR/1BA mobile home on corner lot. Gated community. Garbage, lawn maintenance and & security. Community offers outdoor pool, playground, laundry & bath facility, boat ramp, boat storage and boat slips availabile. Front deck. MLS 1002302622 Call Veronica Bishop at 443-373-1541
Call Phyllis Fennessy at 443-880-7176
NE
Office: 410-641-5000 Fax: 410-641-1633
92 SPINNAKER LANE BERLIN $110,000
Affordable 3BR/1BA beach home with a gorgeous view of the water . Home can sleep eight. One Owner home...never rented. Located in gated community offers a boat ramp, marina, outdoor pool, club house, laundry facilities, security. #1002302622
G STIN W LI
PAGE 17
18 FOSSE GRANGE OCEAN PINES $229,900
4BR/2BA remodeled beach cottage. Open floor plan includes an updated chefs kitchen with granite counters and new cabinets. Large pantry, new washer and dryer. Bathrooms completely remodeled. Back deck overlooking yard. MLS 1010012196
3BR/2BA Coastal Style completely remodeled home. Kitchen with
Quartz counters and Samsung appliances. Open concept living space. Additional 2 season room. turnkey,
hassle-free living. MLS 1009082384
Call Spike Sands at 443-235-0489
8 HINGHAM LANE OCEAN PINES $299,900
3BR/2.5BA Original owner. First floor master suite, living room with vaulted ceilings, skylights and gas fireplace, formal dining room, large kitchen with breakfast nook, powder room, foyer, and laundry room. 3-season porch. Close to the yacht club and golf. Furniture negotiable. MLS 1005959539
NEW
G
IN LIST
Call Donna Frankowski at 973-780-7212
7731 PURNELL CROSSING BERLIN $349,000
4BR/3BA Custom-built & updated 3 level waterfront home. Pier w/ boat lift. Kitchen & bathroom updated. Pergo flooring. wood burning fireplace. Dining room plus bar area in kitchen New T siding, flashing, gutters, & roof. Master RON F R on level 2. Furnishings are available E WAT for $450. Includes paintings, pots and pans and linens. MLS 1001563170 Call Marlene Ott at 410-430-5743
2816 PLOVER, UNIT 326C OCEAN CITY $309,900
3BR/3.5BA waterfront 3 level town home. Two deeded boat slips, one w/boat lift. 3 balconies. Garage, spacious living room, separate dining room and kitchen on second level. No Condo fees. 2 assigned parking spaces. Available immediately. Sold As Is. MLS 1009343150 Call Pam Wadler at 410-726-6125
11608-B SHIPWRECK ROAD OCEAN CITY $349,900
3BR/2BA on on 19.56 acres. Newly installed gas FP. Hardwood floors, granite counters, stainless appliances, tile floors in kitchens and baths, vertical spa showers, Jacuzzi jetted tub in master. Plus garage apartment 2BR/1.5BA completely remodeled. MLS 1006328744 Call Pam Wadler at 410-726-6125
40 MOONSHELL DRIVE OCEAN PINES $488,500
Call Spike Sands at 443-235-0489
3BR/3BA waterfront NO CONDO FEES! Master BR has a deck overlooking the canal. Gas FP. Dock your boat steps from your 1st floor deck. Great location in OC near great restaurants. Additional spacious Loft MLS 1007545578
Call Frank Kay at 240-271-5552
E
NE
RIC WP
2 VILLAGE WAY OCEAN PINES $513,900
One level waterfront living in well sought after neighborhood. Panoramic water views. Open floor plan, 3-season waterfront sunroom and attached rear deck. Private dock with boat lift provides direct acT N cess to the bay. Don't miss seeing FRO R E this lovely 3BR/2BA home with lots WAT of extras! #1004135246 Call Phyllis Fennessy at 443-880-7176
Linda Barron
Rosie Beauclair
Veronica Bishop
Mary Burgess
Jan Castner
Phyllis Fennessy
Amanda Forsythe
Donna Frankowski
Ollie Hitchens
Frank Kay
Traci Kerrigan
Chuck Leo
Kelly MacPherson
Dylan Markward
Marlene Ott
Brittani Phillips
Mike Piasecki
Alexander Piela
John Rego
Lisa Rill
Spike Sands
Pam Wadler
Ron Wesche
Julie Woulfe
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
PAGE 18
NOVEMBER/DECEMBER 2018
Student debt cuts deep into home-buying
Carrying student debt, whether for themselves or someone else, limits potential home buyers’ budgets by $92,440, leaving fewer homes on the market they can afford. The average monthly student debt payment for renters who plan to buy a home in the next year is $388, according to the Zillow Housing Aspirations Report. The maximum priced home a buyer with student debt could afford is $269,400, if they spend no more than 30 percent of their income on combined housing and student debt.
At this price point, they could buy 52.3 percent of homes currently listed for sale. For a buyer with no student debt seeking to spend the same share of income, the buying limit would increase to $361,800, and they could afford to buy 66.4 percent of available homes nationwide. Student debt reached record levels this year, with the total amount at $1.56 trillion in the third quarter of 2018. Paying off student loans also makes it harder to set aside money for a down payment, which is
Terri Bradford
410-430-6875 Associate Broker
one of the top barriers to homeownership. And saving for that down payment takes longer than it did for previous generations. “Higher education pays off when it comes to lifetime earnings and the long-term odds of homeownership, but carrying any kind of debt limits how much home buyers can afford. For today’s generation of young home buyers, who came of age in a period of rapidly rising education costs, student debt payments can delay the pace of down payment savings and put a dent in their max
1
#
Ranked
for Sales Volume in the Coastal Assoc. of Realtorsin 2015 & 2016
price point once they do decide to buy,” said Zillow Senior Economist Aaron Terrazas. “With for-sale supply still tightest for the most affordable homes but increasingly available at higher prices, even a small reduction in a buyer’s target price point can result in substantially fewer options.” Nationwide, about one third (33.9 percent) of renters who are planning to buy a home in the next year have some form of student debt, whether it is for themselves or someone else. Student debt plays the biggest
Bethany Drew
410-430-2602 Associate Broker
www.PO2Team.com
At this time of the year our thoughts turn gratefully to those who made our success in real estate possible. Whether you are buying or selling, we appreciate the opportunity to be of service.
Wishing you all the joys of this Thanksgiving season
MOTIVATED SELLERS!
5BR/3.5BA. Hardwood floors, large double-hung windows let natural light in the formal dining. Gourmet kitchen has Corian counters, large center island, tiled backsplash, and a pantry. Two 2nd floor master suites. Back screened porch, expansive deck with awning, and $375,000 paved concrete patio.
MOVE-IN READY
OCEAN & BAY VIEWS!
3BR/3BA freshly painted home with a separate entry to the in-law suite offers 3car garage. Living/dining rooms, and a cozy den with outside entrance into the fenced yard. In-law suite features screened porch that leads to a spacious living quarters with large bedroom, full kitchen, and full bath. This part of the house comes with new HVAC system installed in 2017. Handicap accessible. Other updates include newer windows, new lift pump, and new hot water heater. 2 attic spaces provide plenty of room for storage.
$323,900
COUNTRY LIVING’S FINEST
OPEN HOUSE 11/24 10AM - 12PM
4BR/3BA on 2.03 acre lot w/wrap around porch. Formal dining room, open
3BR/2BA completely remodeled. Upgraded kitchen w/soft closing cabinet drawers/doors, granite counters, glass tile back splash, newer appliances, wet bar, pantry & breakfast bar. Open living/dining area w/gas FP leads to private balcony overlooking the bay & OC skyline. Master suite w/its own access to balcony, walkin closet, sleek tiled shower w/River Rock accents, dual sink vanity & linen closet. Engineered HW floors throughout, granite counters in baths, light fixtures, new interior doors & crown
2BR/2BA two-level unit offers floor to ceiling windows and private balconies to enjoy the endless water views, sunrise and sunset. The unit is well-maintained featuring tiled flooring, cozy breakfast bar , 1st level bed and bath. Condo amenities include enclosed swimming pool, fitness center, high speed elevator, ocean front deck, easy beach access and ample parking.
$334,900
COUNTRY LIVING
1105 POINTS REACH • OCEAN PINES kitchen/living area w/cathedral ceiling, gas FP & large windows. Kitchen w/granite counters, SS appliances, center island w/breakfast bar. Separate laundry room. 1st floor master suite w/his & hers closets, BA w/Jacuzzi tub & separate shower. Bonus room above garage & walk-up attic. Dog kennel & above ground pool.
$389,900
OPEN HOUSE 11/24 10AM - 12PM
$344,900
OPEN HOUSE 11/24 10AM - 12PM
Charming 3BR/2BA rancher on 0.82 acre lot. Living room w/hardwood floors offers brick wood burning FP w/built-ins & picture window overlooks tranquil country setting. Kitchen w/newer appliances, tiled floors, back splash & white bead board wainscoting. Attached garage. Recent updates include newer heat pump, roof & plumbing. 2-car detached garage. Don't delay, call to see it today!
$249,900
OPEN HOUSE 11/24 10AM - 12PM
153 NEWPORT BAY DRIVE #6 • OCEAN CITY
10702 PAR 5 LANE • BERLIN
10923 PLAYER LANE • RIVER RUN
2BR/1.5BA condo offers open living/dining area with access to private
3BR/2.5BA nestled on quiet, wooded, 6.2-acre lot near a golf course. Bright & open living room w/cathedral ceiling & gas FP w/custom tile surround. Kitchen w/corian counters, breakfast bar & pantry. HW floors throughout the main living area. Spacious master suite w/large closets, dual sink vanity, jacuzzi tub & tiled shower. Sunroom porch & spacious back deck. 2 storage sheds, large attached garage, laundry room w/storage cabinets & sink.
3BR/2BA home sits on 15th Fairway. Foyer with entry way closet that leads to living room with vaulted ceiling, laminate flooring and gas fireplace. Open kitchen w/granite counters, kitchen island, breakfast nook and a pantry which leads to a formal dining room. Master suite offers access to a back deck, laminate flooring, bath with ceramic flooring, a soaking tub, and dual sink vanity. 3 season room leads to a back deck. Walk in attic provides plenty of room for storage. Other features include a 2-car garage & irrigation system.
balcony that overlooks the canal. L-shaped kitchen with stainless appliances updated cabinets and contemporary light fixture. In unit stackable washer and dryer is a convenient addition to this move in ready home!
$189,900
$389,500
$379,900
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
NOVEMBER/DECEMBER 2018
Big percentage of renters have form of student debt
Realtors catch up with trends at conference
Millennials planning to buy a home are looking for something a little different than their predecessors, Realtors were told at the 2018 Realtors Conference & Expo in Boston in early November. Robyn Erlenbush, broker owner at ERA Landmark role in housing affordability in Las Vegas, where buyers with no student Real Estate in Bozeman, Montana, and Amy Chorew, debt can afford a much larger share vice president of learning at Better Homes and Garof the homes for sale than those with dens Real Estate in Madison, New Jersey, led the disstudent debt (57 percent versus 29.3 cussion on market trends in real estate. Erlenbush and Chorew highlighted a handful of the percent, respectively). It makes the smallest difference strongest residential and commercial markets in the in San Jose, California, where buy- United States while discussing generational trends ers with student debt can afford 11.7 that are influencing ways Realtors conduct their busipercent of homes, compared with ness. “Millennials are looking for walkable, convenient lothe 18.3 percent of homes that shoppers free from student debt can buy. cations. It is important to think outside the box on the
LIKE US ON
PAGE 19
trends that are effecting the real estate market,” Chorew said. “If you have clients looking for a large property for a tear down or an urban fill-in for housing, look closely at shopping malls in your area. This is prime real estate for housing and office space with the opportunity to repurpose quality location for real estate investment,” Erlenbush said. Both speakers discussed the hottest locations for second homes and vacation rentals while exploring some of the most impactful trends in international real estate. “Realtors know better than anyone how to provide up-to-date insight on commercial markets and opportunities and the newest designer trends in housing, office and retail looks,” Erlenbush said.
410-208-9200 • 800-337-7368 • 11065 Cathell Road, Ocean Pines • 8202 Coastal Highway, Ocean City • 410-723-9450
Tim ULRICH
Licensed in MD, DE • www.hilemanrealestate.com • e-mail: hilemanre@aol.com WATERFRONT IN KEENWIK
Associate Broker 410-422-1441 Cell timrealestate9 @gmail.com
Kevin D. HESELBACH
WELL MAINTAINED
REALTOR®, RSPS
Licensed in MD & DE
410-723-9450 Office kheselbachHRE @gmail.com
Debora E. HILEMAN
OWNER/BROKER GRI & CRS 443-235-5982 Cell Debbie@Hileman RealEstate.com Licensed in MD, DE
Bethany DREW
$142,000
$259,900
Associate Broker, GRI
Terri BRADFORD Associate Broker, GRI Licensed in MD, DE
$189,900
Bethany: 410-430-2602 Terri: 410-430-6875
www.PO2Team.com Powerof2@PO2Team.com
Cindy CROCKETT
REALTOR®, GRI 410-430-0587 Cell Cindy@ HilemanReal Estate.com Licensed in MD
$172,000
First Floor 2BR/1BA unit in well maintained building. Seasonal rental from May 15 to Sept 30 generating 12k in GRI. 1 parking spot on property & ample street parking available. Great pool right outside front door. MLS 1002306480
WATERFRONT RANCHER 4BR/3BA Waterfront ranch style home with private in ground Pool and boat dock at your back door. Country kitchen, adjoining dining area, 2 Master suites & den/office. New Heat pump/AC & windows. Minutes to beaches! $399,900
OCEAN BLOCK
$199,900
ACREAGE, ACREAGE, ACREAGE! 2BR/1.5BA within a short drive to Assateague State Park & OC. Over-sized side deck. Roof replaced in 2014 w/Tamko Heritage 30 year architectural shingles. Living room that leads to open family/kitchen area w/wood burning fireplace.
CONDO HUNTING AT THE BEACH?
2BR/1BA furnished cottage recently remodeled. Fresh paint, new floors throughout, light fixtures, blinds, and updated bath. HVAC new within last two years. Short distance to beach! Strong condo association. Cable is covered by fees.
$412,500
$375,000
$474,000
$389,999
1BR/1BA. Balcony, living room/BR, or Kitchen. Building amenities- indoor & outdoor pools, tennis, sauna, fitness center, beach club & 24 hr security. Beach side Tiki Bar & Restaurant. New carpet w/upgraded padding, water heater, kitchen counters & back splash w/sink & garbage disposal, duct work & dryer vent, paint. Fully furnished. Turn key ready.
$169,721
2BR/2BA unit just steps to the beach. Fully furnished turn key property nicely decorated. Close to North Side Park, restaurants, shopping & tax free DE. Private balcony & plenty of storage for beach toys. Produces 12k annually in rental income with frequent owner use. MLS 1005935483
NEW LISTING!
CHARMING
Private pier, boat lift & freshly painted interior! 3BR/3BA. Garage w/HVAC has utility sink & Keyless entry. 1st level contains a Family room w/Kitchenette & new gas heating stove. Master suite w/private balcony, vaulted ceiling, walk-in closet, whirlpool tub & ceramic tile. Efficient gas Polaris heating. LR w/2nd Fireplace!
MOTIVATED SELLERS! $20K REDUCTION!
5BR/3.5BA. Hardwood floors, large double-hung windows let natural light in the formal dining. Gourmet kitchen has Corian counters, large center island, tiled backsplash, and a pantry. Two 2nd floor master suites. Back screened porch, expansive deck with awning & paved concrete patio.
WATERFRONT IN WOOD DUCK!
3BR/2.5BA, steel reinforced concrete, boat dock, 1-car garage, bamboo floored sunroom, open living/dining w/custom built-ins, gas FP & 12-ft ceilings. Corian counters, travertine tile backsplash, Jenn-Aire stove & pantry. New water heater, furnace, windows & roof.
$269,000
Great floor plan on a beautiful street. Family Room PLUS a Florida Room with HVAC. Smooth top Stove with special Pizza Oven. Bonus Room could be 4th Bedroom. Walk-in attic, Paved Drive, Ductless heating/ cooling in garage. Roof only 3 years old. Laundry Room has utility sink.
Neighbors Serving Neighbors - One Home at a Time
AUTHENTIC OC BEACH LIFESTYLE
2BR/1BA w/laminate floors through out. Updated kitchen & laundry center. Easy 1st floor access in very well maintained building in the heart of OC. 2.5 block walk to world famous boardwalk, beach, public fishing & crabbing pier just one block away. MLS MDWO100224
$149,000
4BR/3BA Waterfront. Skylights, cathedral ceiling, screened porch & private boat dock. 2 large master BRs! Kitchen w/countertops, ceramic tile floors & upgraded appliances. 2nd level loft w/French doors leads 23x14 Master Suite! Walk-in attic storage. Room for Garage! New Bulkhead & dock in 2015. Furnishings Negotiable.
$399,900
$389,900
COUNTRY LIVING AT ITS FINEST
OPEN SAT 10-12
10923 Player Lane
$379,900
JUST WHAT YOU'VE BEEN LOOKING FOR!
PERFECT LOCATION!!
Waterfront 1900 sf Split BR plan w/3BR/3.5BA & Fully furnished! Kitchen w/tile, Granite, SS & Breakfast Island. Waterfront deck, gas FP, lots of closets, tiled showers, whirlpool tub! Indoor pool, exercise room, 2 elevators & assigned parking.
AMAZING VIEWS OF THE OCEAN
3-LEVEL WATERFRONT TOWNHOME
QUIET WATERFRONT
Surrounded by a nearby portion of the Ocean Pines Golf Course. Canal front lot with private dock, boat lift and PWC lift. Original house removed, along with trees and stumps within the building envelope. Over 3400 sq.ft. of the building envelope is above the 100 year flood level. Water, Sewer and electric are available at the front of the property. Build your dream home right here!
NEW LISTING - OCEANFRONT
Custom built 4BR/3BA on 2.03 acre lot w/wrap around porch. Formal dining room leads to an open kitchen/living area w/cathedral ceiling & gas FP. Kitchen w/granite counters, SS appliances, center island w/breakfast bar & eating nook. Separate laundry room has farm-style cabinets. 1st floor master suite. Bonus room above the garage w/pine Tongue & Groove ceiling. Storage shed, dog kennel & above ground pool.
GOLF WHERE YOU LIVE 3BR/2.5BA on 15th Fairway. Foyer w/entry way closet that leads to a living room w/vaulted ceiling, laminate flooring & gas FP. Open kitchen w/granite counters, kitchen island, breakfast nook & pantry. 3 season room overlooks golf course & leads to back deck. Walk in attic provides plenty of room for storage. 2-car garage & irrigation system.
BUILD YOUR PERFECT COUNTRY HOME!
$79,900 & $99,900
Two Large Parcels - 1.5 Acres & 2.7 Acres. Plenty of room for pets, gardening, friends, & family gatherings. Standard Septic System approved for up to 5 Bedrooms. Very convenient to the Town of Berlin, Ocean City & Assateague Beaches!
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY
PAGE 20
OVER $27 MILLION IN SETTLED REAL ESTATE IN 2017
NANCY REITHER-SMITH
Realtor • Licensed in MD & DE Office: 410-524-1203 Direct: 410-723-8574 / Cell: 410-603-5050 Email: nreither@cbmove.com
12207 Coastal Hwy. Suite D Ocean City, MD 21842 410-524-1203
#1 Agent in Ocean City Offices
®
DIRECT BAY FRONT
WITH BOAT LIFT
WATERFRONT
OCEAN BLOCK
LUXURIOUS WATERFRONT
609 BAYSHORE DRIVE UNIT 31 - $649,000
317 S HERON GULL COURT $3,490,000
AVALON 603 $424,900
4 level townhome with 4BR/4BA. Bay front deck and sunroom. Kitchen has been upgraded with granite countertops. There is a large living are, expansive deck, large boat slip. 2nd floor master suite overlooking the Bay. Fourth floor extra loft bonus area. Fire sprinkler system throughout the house. NO HOA FEES. MLS: 1002984416
National Association of Home Builders Gold Award Winner. Direct bayfront home, designed for entertaining, is in the exclusive enclave of Heron Harbour in Ocean City, Maryland. 6BR/5BA & 2 half BA direct bayfront. 6,454 SF, southwest exposure, sunset views. Exceptional craftsmanship. Flowing floor plan, five fireplaces, and a wood-burning brick oven. Professional chef 's kitchen. MLS 1001562108
3BR/3BA is steps to ocean. Kitchen flows to dining area & living room w/gas FP. Deck off family room & master BR w/ocean views. Deck w/southern exposure. Oversize master w/2 closets & bath w/shower & jacuzzi tub. Full size laundry room. Upgrades include custom mural, extensive millwork & updated kitchen. Indoor pool, fitness center & rooftop sundeck terrace. North OC location close to DE line. Close to many restaurants & shops. Come take a look today & make memories that last a lifetime. MLS 1002513608
WITH BOAT LIFT
WATERFRONT WITH BOAT LIFT
WITH BOAT SLIP
2705 PHILADELPHIA AVE OCEAN CITY - $875,000
12104 S PINEY POINT ROAD BISHOPVILLE - $1,049,000
303 N HERON GULL CT OCEAN CITY - $749,900
Currently a restaurant and 2 unfished condos above. Building sold with restaurant equipment Current restaurant tenant pays 30k for use of space. Prime location on corner or 27th. Finish the condos and maximize income potential. MLS MDWO100260
5BR/4.5 BA custom home on 1 acre
5BR/4.5 BA with deeded boat slip #82. Being sold fully furnished. Beach decor, hardwood floor and open floor plan. Large dining area is off the kitchen. Large great room extends to the deck. On the lower level there is a separate bedroom, den and full bath. 2 car garage, fire sprinkler system and 3 zone heating and air conditioning. MLS 1001563584
LOW DE TAXES • REDUCED $100K
DIRECT BAY FRONT
PRIME LOCATION
DIRECT OCEANFRONT
38838 TAFT AVENUE SELBYVILLE DE - $895,000
11194 RACETRACK ROAD, BERLIN MD - $1,350,000
Direct bay front, 4000 sq ft with
Located between the North Gate of Ocean Pines and the Pavilion, Two Parcels for sale (191 & 130) totaling approximately 14.72 acres with 1100+ feet of road frontage on Rt 589. Currently Zoned R3. Unlimited potential for development opportunities. MLS 1002148192
PRIME LOCATION
5BR/3.5 BA. 10,000 lb boat lift, newer bulkhead, docking for 2 boats. Large kitchen, family room, and dining room, with water views. 2 BRs on the first floor and 3 BRs on the 2nd floor. 3rd floor is a relaxing room with bay views. Geothermal heat, heated tile floors. MLS 1001836832
WATERFRONT LOT
WATERFRONT
overlooking river with deep water, dock & boat lift. 5668 sq. ft. Tile and HW floors, chef 's kitchen with granite counters & center island. Screened porch, breakfast room, office/loft. Lower level bath and separate kitchen. MLS 1001563886
PELICAN PERCH
6509 HAMPTON RD LOT 18 BERLIN - $649,900
222 HITCHENS AVE $425,000
Build your waterfront dream home now on 5+acres, lot in the tranquil Indian Creek community. Close to Assateague Island beaches, Golf courses and West Ocean City amenities.Lot has a pier to the water and water access. MLS MDWO100390
3BR/3BA Townhome w/garage. Walk to beach to watch sunrise or few steps to bay to watch sunset. Family room w/cathedral ceilings. Dining area off living area. Glass sliders lead to deck off living area for enjoying the views. Plenty of counter & storage space w/Corian counters. Separate BR w/BA & living area w/FP - perfect guest/in-law suite. Top floor is the master suite w/loft. MLS 1001560482
NOVEMBER/DECEMBER 2018
WITH BOAT LIFT
WATERFRONT
DIRECT OCEAN FRONT
NEW CONSTRUCTION
12933 OLD BRIDGE ROAD OCEAN CITY - $3,599,000
311 S HERON GULL COURT NOW $1,349,000
5901 ATLANTIC AVENUE UNIT 302 - $749,900
310 HERON GULL COURT $1,499,000
Luxurious 5BR/5BA home. Unmatched modern architectural style. 6050 sq.ft. home is on an acre of waterfront with a saltwater pool, hot tub, fire pit, putting green, fitness center and custom waterfall with koi pond. It is one of the Eastern shore's finest homes. State of the art Boffi kitchen made in Milan. The 2 master suites are unmatched with a spa bath and dressing lounge. Heated and air conditioned garage. Living space complete with a fitness center, lounge area, multiple deck. MLS 1009998536
5BR/3.5 BA overlooks Bay w/deeded boat slip & lift, vinyl bulkhead. Great room with wall of windows, large kitchen w/granite counters, waterfront deck, master bedroom suite w/shower & jacuzzi tub, walk in closets. Incredible views, expansive decks. Many upgrades, heated tile floors, two car garage, finished bonus area over garage. MLS 1001970136
3BR/3BA, Decorator furnished with 2 Master suites. Upgrades throughoutcustom mural, granite counters, surround sound, gas FP, wainscoting, and GE profile appliances. Indoor pool, fitness center, and social room. Midtown at 59th St. Walk to restaurants and shops. Must honor summer weekly rentals YTD booked 55k GRI potential. GRI 2017 over 50 K. Buyers must honor summer 2018 weekly rentals over 51k book. MLS 1001564344
6BR/5.5BA, large eat-in kitchen with granite counters, SS appliances & plenty of cabinets. Great room overlooks water. Glass sliding door leads to oversized, low maintenance deck. 1st floor master suite w/walk-in closet & BA w/double vanity & shower. Elevator. 2nd master suite w/his & hers walk-in closets, BA & separate sitting room. Bunk loft and sitting area with balcony. MLS 1002117774
WITH BOAT & JET SKI LIFT
BAYWATCH III REDUCED
WATERFRONT
BAYWATCH III UNIT 303 D HERON HARBOUR - $379,900
51 BOATSWAIN $949,900
203 S HERON DR #102C $299,000
12401 JAMAICA AVE UNIT 35901 - $259,900
Beautiful 3BR/2BA condo overlooking water with boat slip #82. Sold furnished, turnkey with lovely beach décor. Never a rental - in pristine condition. Dining area off kitchen with breakfast bar, upgraded appliances and granite counters. Living area w/gas fireplace. Master suite overlooks water with bath. Upgrades throughout. New HVAC, hardwood and tile floors. Large deck overlooks canal with magnificent sunset views. Located in amenity rich Heron Harbour Isle.
5BR/3.5BA in Harbor Village. Lower & upper decks. Professionally landscaped. Dining room overlooks water. Chef 's kitchen w/custom cabinets, granite counters & breakfast bar. Family room off dining area. Sunroom/four season room off the family room & waterfront deck off kitchen. Master suite w/walkin closet, shower & Jacuzzi tub. Bonus room. 2 car garage. Upgrades: Bamboo wood floors throughout, 2 zone HVAC system, hot water heater, sun-room w/slider to deck. MLS 1001970224
BRING ALL OFFERS SELLERS WANT IT SOLD! First floor, extra large 2 BR model has all the upgrades imaginable. Upgraded kitchen with granite counters and white cabinets, newer HVAC. Spacious living area. MLS 1001563876
2BR/2BA. Large breakfast bar and dining room directly off the kitchen that flows into spacious living area, two large bedrooms. Large deck overlooks canal. Sold fully furnished. Outdoor pool, close to beach, restaurants and shops. MLS 1001965878
10300 COASTAL HIGHWAY UNIT 503 - $244,900
11 143RD STREET UNIT 201 OCEAN CITY - $289,900
LOT 3- INLET ISLE LANE OCEAN CITY - $749,900
205 N HERON DRIVE OCEAN CITY - $559,000
206-204-202 DORCHESTER ST OCEAN CITY - $1,549,000
2BR/2BA Direct Oceanfront in the Atlantis with pool! This is a turnkey unit being sold fully furnished. This very spacious condo has plenty of room for family and friends so you can make memories that last a lifetime, and it also would make a great investment rental property. Exceptional view and is very affordable!! Kitchen cabinets are being painted white. MLS 1002292248
2BR/2BA 2nd floor corner unit with a pool! Upgrades throughout and priced to sell. The kitchen has granite counters upgraded cabinets, appliances and plenty of cabinet space. Deck off the family room with a peek of the ocean. Master BR has its own private upgraded bath. Being sold fully furnished. Well maintained with low condo fees and only steps to the ocean. Outside storage closet. MLS 1009970926
Direct bay front lot with the inlet as
REDUCED
OYSTER HARBOUR
202-204-206 Dorchester St. All parcels being sold together. Prime downtown location. Currently has 4 houses Total . Lot sizes are 4927,4824, and 3381 Sq Ft each. This was a summer rental in 2018. Rare opportunity to purchase valuable downtown location! TAX ID 10-028493 Tax ID10-028477 Tax ID 10-028485. MLS MDWO1001420
WITH 2 JET SKI SLIPS
OCEAN BLOCK
OWNER WILL PROVIDE FINANCING!! Build your dream house on lot 54 in Heron Harbour located off 120th street, it is one of the nicest and most desirable communities in Ocean City. Over 10,00 sq.ft. This lot will accommodate a large home and is one of the last southern exposure lots. Community recreation amenities include an indoor pool, 3 outdoor pools, fitness center and two clay tennis courts. MLS 1001559568
REDUCED 8901 RUSTY ANCHOR RD, OCEAN CITY - $369,000
FOUR SEASONS #201 $329,900
10285 BROKEN SOUND BOULEVARD-$379,900
1605 N BALTIMORE AVE 6B OCEAN CITY - $110,000
36841 HERRING WAY SELBYVILLE DE - $359,999
Unit overlooks canal with bay view. 3BR/3.5BA furnished condo with 2 Jet Ski Lifts. Living area and kitchen overlook the water. Kitchen has granite counters, & eat in bar. Master bedroom has a private deck and there are two additional bedrooms each with water views and their own bath. MLS 100156732
3BR/2BA end unit in NOC steps from beach. Oversized balcony w/ocean views. Kitchen upgraded wgranite counters, large dining room & living area. Master is spacious w/bath and door to balcony. Well maintained building w/low fees. Storage closet, assigned parking, elevator. MLS 1001563816
3BR/3BA home with upgrades galor. First floor master BR/BA. Upgraded counters, stainless steel appliances, upgraded cabinets and flooring in the kitchen. Open family room with fireplace. Close to the community pool. MLS MDWO100048
This 1BR/1BA condo is centrally located in downtown Ocean City, just steps away from the beach and boardwalk. Great starter vacation home or investment property! The condo offers a front porch, outdoor pool and off-street parking for 1 car. Enjoy everything Ocean City has to offer in this convenient location. MLS MDWO100040
4BR/2.5BA. Open concept kitchen, dining & family room w/cathedral ceilings & gas fireplace. 1st floor Master Bedroom & bath w/walk-in closet, double vanity, shower & whirlpool. Barn doors on main floor. Hickory hardwood floors. Screened porch, paver patio w/water view. 2 car garage. Community pool, Clubhouse, fitness room, playground & dock. MLS 1001573350
WATERFRONT
OCEAN BLOCK
WATERFRONT
DIRECT BAY FRONT LOT
the backdrop! 165 feet of water frontage. Build your dream house and enjoy open Bay views. This lot will accommodate a large home and There is a deep water slip that can accommodate a 40 ft boat. MLS 1007914080
LOCATION! LOCATION
SEA NYMPH
HERON HARBOUR
INVESTORS ALERT!!!!
SELBYVILLE, DE
The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Real estate 2017 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Operated by agents affiliated with Coldwell Banker Residential Brokerage are independent contractor agents and are not employees of the Company. ©2015 a subsidiary of NRT LLC. Coldwell Banker, the Coldwell Banker logo, Coldwell Banker Previews International and the Previews logo are registered and unregistered service marks owned by Coldwell Banker Real Estate LLC. 10771BALT_07/15