507 Penguin Dr #50, OCEAN CITY, MD

$395,000

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2

Beds

Baths

816

Square feet

About 507 Penguin Dr #50

Welcome to the beautiful bayfront community of Bay Cove I. This is a two bedroom affordable townhome w/ gorgeous south facing bay views, an outdoor pool, and conveys with your very own boat slip and lift! Nestled in the start of peaceful midtown OC just a few blocks from a grocer/deli, Jolly Rogers waterpark, go carts, mini golf, loads of restaraunts, Anthonys Deli, Castle in the Sand beach bar w/ live music, the start of the boardwalk for walks morning walks/bike rides, huge field for kids/dogs to play and Back Bay Adventures to rent jet skis, fishing & boat tours! Inside the home you'll enjoy a fully furnished and equipped turn key home including perks like; central heat/air, vinyl wood floors, custom kitchen cabinetry, granite countertops, SS appliances (fridge/dishwasher/garbage disposal all new!), washer/dryer, two door coded storage closets, convenient half bath on first floor and a nicely updated full bathroom on second with tile showers and updated fixtures. You even have a pull down attic for even more storage, so rare! Walk outside and soak up the sun on your composite deck & furniture. There is also an exterior shed and storage for all your water toys under your deck. Make friends with your fellow boaters, cool off in the pool, kickback relax and enjoy the sunsets w/ your evening dinner or cocktails and come see how inviting this street/overall location really is!

Features of 507 Penguin Dr #50

MLS® # MDWO2040408
Price $395,000
Bedrooms 2
Bathrooms 1.50
Full Baths 1
Half Baths 1
Square Footage 816
Year Built 1972
Type Residential
Sub-Type Condominium,Interior Row/Townhouse
Style Coastal
Status Active Under Contract

Community Information

Address 507 Penguin Dr #50
Area Bayside Waterfront
Subdivision NONE AVAILABLE
City OCEAN CITY
County WORCESTER-MD
State MD
Municipality Ocean City
Zip Code 21842

Amenities

Parking Spaces 1
Parking Assigned
Is Waterfront Yes
Waterfront Canal
Has Pool Yes

Interior

Heating Central
Cooling Central A/C
Has Basement No
Fireplace No
Stories 2

Exterior

Exterior Frame, Vinyl Siding
Construction Frame, Vinyl Siding
Foundation Crawl Space

School Information

District WORCESTER COUNTY PUBLIC SCHOOLS

Additional Information

Date Listed August 14th, 2026
Days on Market 18
Zoning R-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBerkshire Hathaway HomeServices PenFed Realty-WOC
Contact Info4105202600

Listing Map

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