$596,000
SOLD AUG 12, 2025

305 Seabay Ln Unit C7 Ocean City, MD 21842

3 Beds
3.5 Baths
1,618 Sq Ft
$525/mo HOA Fee

Recently Sold

$368 Per Sq Ft

24% Below List Price

109 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Primary bedroom faces the bay
  • Access to Tidal Water
  • Ocean City Elementary School Rated A
  • Boat Dock
  • Main Floor Bedroom

About This Home

As of August 2025

Experience the ultimate waterfront living with this bay front townhouse, offering breathtaking open water views from your deck and balcony. Located directly across the water is Fager’s Island, a popular local restaurant and music venue, open year-round, providing a vibrant and lively atmosphere. This townhouse-style three level condominium features 3 bedrooms and 3 1/2 bathrooms, making it perfect for families or guests. The first floor den can be serve as a fourth bedroom. The modern kitchen is equipped with stainless steel appliances, ample Corian counter space, and a breakfast bar. The open concept living areas boast large windows to maximize natural light and enjoy exquisite water views. Included in the sale is a wall-mounted TV/Mirror with audio equipment. a Bose speaker, and a DVD player for your entertainment needs. Cozy up by the gas fireplace during cooler evenings. The expansive deck is perfect for outdoor gatherings, watching the sunsets and being entertained by water activities. Boating enthusiasts will appreciate the private dock, with boat slips available on a first-come, first-served basis for the season with consideration for boat size, depth of water and space available. The HVAC system was recently replaced in 2024. As part of a 25 unit self-managed condominium, the property owners share expenses for insurances, maintenance and amenities. Situated in mid-town Ocean City, Maryland, with easy access to 62nd Street, the Route 90 bridge west, this prime location is close to shopping, dining, and numerous entertainment options. Don't miss the opportunity to own this exceptional bay front property. Enjoy a lifestyle of luxury and convenience.

Last Agent to Sell the Property

Terri Moran

(443) 235-5467 tmoran@cbmove.com Coldwell Banker Realty Listed on: 04/11/2025

Coldwell Banker Realty

Last Buyer's Agent

Lindsey Wohlford

(484) 538-6066 lindseyw@kw.com Keller Williams Realty Delmarva License #5009891

Keller Williams Realty Delmarva

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,502

Year Built

  • Built in 1984

Lot Details

  • 50 Feet of Waterfront
  • Home fronts navigable water
  • North Facing Home
  • Property is in very good condition

HOA Fees

  • $525 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Pitched Roof
  • Concrete Perimeter Foundation
  • HardiePlank Type

Interior Spaces

  • 1,618 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • 2 Assigned Parking Spaces

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Water Access
  • Property near a bay
  • Shared Waterfront
  • Balcony

Location

  • Flood Risk

Schools

  • Ocean City Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • 60 Gallon+ Water Heater

Listing and Financial Details

  • Tax Lot C7
  • Assessor Parcel Number 2410258421

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance, reserve funds, lawn maintenance, insurance
  • Trader's Cove Condos
  • Trader's Cove Community

Recreation

  • Boat Dock

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,502

Year Built

Built in 1984

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Condominium
  • Historic: No
  • Inclusions: TV and equipment.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 4/30/2025 12:00:00 AM
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Assigned Parking Space Numbers: 7
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Experience the ultimate waterfront living with this bay front townhouse, offering breathtaking open water views from your deck and balcony. Located directly across the water is Fager’s Island, a popular local restaurant and music venue, open year-round, providing a vibrant and lively atmosphere. This townhouse-style three level condominium features 3 bedrooms and 3 1/2 bathrooms, making it perfect for families or guests. The first floor den can be serve as a fourth bedroom. The modern kitchen is equipped with stainless steel appliances, ample Corian counter space, and a breakfast bar. The open concept living areas boast large windows to maximize natural light and enjoy exquisite water views. Included in the sale is a wall-mounted TV/Mirror with audio equipment. a Bose speaker, and a DVD player for your entertainment needs. Cozy up by the gas fireplace during cooler evenings. The expansive deck is perfect for outdoor gatherings, watching the sunsets and being entertained by water activities. Boating enthusiasts will appreciate the private dock, with boat slips available on a first-come, first-served basis for the season with consideration for boat size, depth of water and space available. The HVAC system was recently replaced in 2024. As part of a 25 unit self-managed condominium, the property owners share expenses for insurances, maintenance and amenities. Situated in mid-town Ocean City, Maryland, with easy access to 62nd Street, the Route 90 bridge west, this prime location is close to shopping, dining, and numerous entertainment options. Don't miss the opportunity to own this exceptional bay front property. Enjoy a lifestyle of luxury and convenience.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Refrigerator, Range Hood, Oven/Range - Electric, Water Heater, Washer, Dryer - Electric, Stainless Steel Appliances
  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Primary Bedroom - Bay Front, Window Treatments
  • Window Features: Screens, Sliding
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room Count: 9
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 1618
  • Living Area Sq Ft: 1618
  • Price Per Sq Ft: 417.18
  • Above Grade Finished Sq Ft: 1618
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Hardiplank Type
  • Exterior Features: Outside Shower
  • Roof: Pitched
  • Spa: No
  • Water Access: Yes
  • Water Body Name: Assawoman Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 50

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central, Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Water Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 525.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Trader's Cove
  • HOA Condo Co-Op Amenities: Boat Dock/Slip
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Reserve Funds, Lawn Maintenance, Insurance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: OCEAN CITY
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: B-1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 5502.00
  • Assessor Parcel Number: 2410258421
  • Tax Lot: C7
  • Tax Total Finished Sq Ft: 1618
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/12/2025

Multi Family

  • Federal Flood Zone: X
  • Waterfront Features: Shared

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2025 08/12/25 Sold $596,000 -11.7% $368 / Sq Ft
07/21/2025 07/21/25 Price Changed $675,000 -3.0% $417 / Sq Ft
06/09/2025 06/09/25 Price Changed $695,900 -4.7% $430 / Sq Ft
05/09/2025 05/09/25 Price Changed $729,900 -6.4% $451 / Sq Ft
04/11/2025 04/11/25 For Sale $779,900 -- $482 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Terri Moran

    Seller's Agent in 2025

    Terri Moran

    Coldwell Banker Realty

    (443) 235-5467

    31 in this area

    43 Total Sales

    Terri Moran
    Section Image

  • L

    Buyer's Agent in 2025

    Lindsey Wohlford

    Keller Williams Realty Delmarva

    (484) 538-6066

    10 in this area

    16 Total Sales

    Lindsey Wohlford
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWO2029214

Bright MLS
Maryland Worcester County Ocean City 21842

305 Seabay Ln Unit C7, Ocean City, MD

This home is located at 305 Seabay Ln Unit C7, Ocean City, MD 21842 and is currently priced at $596,000, approximately $368 per square foot. This property was built in 1984. 305 Seabay Ln Unit C7 is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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