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5 Beds
4 Baths
2,959 sqft

$799,000

148 JAMESTOWN ROAD, OCEAN CITY MD, 21842

Price per sqft$270.02
Built in1979
Property size2,959 sqft
Property typeResidential

Overview

Active

Active-bright

Listed Aug 24, 2026

Updated 6 days ago

Contractor's Alert! R-2 Zoning. This strategically located home within a short walk to the Ocean and the Bay has so much potential to expand the living space! In addition to the 3 bedroom 1.5 bath home and a separate entrance second floor 1 bedroom 1.5 bath apartment with balcony and loft this property possesses a huge 20 ft by 20 ft first floor two story unfinished room off the kitchen that could be finished to a great room with cathedral ceilings,or possibly primary bedroom suite, or additional bedrooms. This room is already studded out with electricity, insulation and beautiful sliders and arched windows on two sides already in place. It just needs drywall and your imagination! The 2nd floor 1 bedroom apartment with balcony and and extra sleeping room in loft has separately metered electric service. There is a one car garage plus a separate large storage shed. The backyard is fenced for privacy with lots of outdoor seating space and room for a hot tub. Potential, potential, potential for awesome rental income or a flip after conversion of huge unfinished area. A list of newly upgraded features is attached as a document in disclosures. Must see. No condo or HOA fees. The owners do not rent but the rental income potential, especially if the massive 20 x 20 unfinished 1st floor space were finished would be high.

$5,316/mo

Est. mortgage payment based on a $799,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
MDWO2040720

Interior Features

Bedrooms
5
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$6,019
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Berkshire Hathaway HomeServices PenFed Realty - OP
Listing Contact: 4104900948 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/2/2026 at 12:35 AM UTC

 

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