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Waterfront Building Lot Opportunity
For Sale
$225,000

Lot #1 EXETER Rd, Ocean City, MD 21842

Waterfront lot in Cape Isle of Wight, West Ocean City.

Property SizeContact for details
Lot Size0.16 Acres
Days on Market264

Property Features for Lot #1 EXETER Rd

General Information

Standard status Active
Lot size 0.16 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,486
Listing Agency:
Listed By: William Barr
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Jul 16 at 7:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Barr

Investment Insights

Based on property information with market context.

This is a waterfront building lot located in the Cape Isle of Wight community of West Ocean City. The corner lot offers direct access to the open bay and the inlet. The property is positioned minutes from Ocean City beaches and Assateague Island, as well as shopping and dining options. It is located 15 minutes by boat to the Ocean City Inlet and fishing areas. Public sewer is available. A survey is in process. The adjacent lot is also available for purchase. Buyers are advised to conduct their due diligence regarding permitting.

Key Highlights

  • Direct waterfront access to the open Bay and Inlet.
  • Prime location in the desirable Cape Isle of Wight community.
  • Opportunity to build a custom waterfront dream home.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Electrical Service HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 21842, MD

11,104
Population
32,684
Households
0.3
Avg Household Size
53
Median Age
39%
College-Educated
95%
High-School Grad
9.2 sq mi
ZIP Area
1,207
Density / Sq Mi
$75,372
Median Household Income
$40,189
Median Earnings
$1,258
Median Rent
$415,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Waterfront lot in Cape Isle of Wight, West Ocean City.
Where is this land located?
The property is located at Lot #1 EXETER Rd Ocean City, MD.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Direct waterfront access to the open Bay and Inlet.; Prime location in the desirable Cape Isle of Wight community.; Opportunity to build a custom waterfront dream home.
More about this property
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