121 81St Street #705, Ocean City, MD 21842-5275 $795,000

Open House: Sat, May 17, 12:00PM-3:00PM; Sun, May 18, 12:00PM-3:00PM
Beds/Baths: 3/3
Interior Sq. Ft: 1,979
Acreage:
Age:17 years
Style:
Coastal, Unit/Flat
MLS#: MDWO2030788
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment

Description

Escape to paradise in this exquisite 3-bedroom 3 bath bay front condo. Welcome to Rivendell unit 705, your fully furnished, upscale, coastal retreat. With water views from every room, you will feel comfort and relaxation wash over you the moment you enter. This bay front unit is a light-filled, open concept getaway. The kitchen was fully renovated in 2020 and includes updated granite countertops, custom cabinets with under cabinet lighting, a custom backsplash, a large farmhouse sink, and stainless-steel appliances. The living room and dining room have one of the largest square footages in the building. Living room has an electric fireplace for cozy winter nights. Includes a full-sized washer and dryer in a separate laundry room. Enjoy your morning coffee on your extra-large balcony, overlooking the pool and bay. Its large enough for you to enjoy a sunset crab feast on your full-sized teak dining table and still have room for all your beach gear. Wake up to a view of the bay from your king-sized bed in the master suite. Your master bath includes a jetted soaking tub and dual headed shower, along with updated vanity and sinks. The second bedroom boasts a queen-sized bed and full bath. The third bedroom can comfortably sleep 4 on the twin over queen bunk with a twin trundle underneath. This room also has a full bath and looks out to the ocean. Custom sectional, glider, barstools, window treatments and lots more upscale furniture and decor all conveys. New water heater and garbage disposal new in 2024. Located in the much-desired Rivendell building. Our amenity filled building includes indoor and outdoor pools, private workout facility, and four covered floors of parking, each owner has their own access code to move about the building. We're also home to the world-famous Hobbit restaurant, the finest eatery in Ocean City.

Taxes: $8,355
Home Assoc: No
Condo Assoc: $1,375/Monthly
Garage: N
Basement: N
Pool: Yes - Community
School Dist: Worcester County Public Schools

Features

Water
Water Oriented: Yes; Water Front: Yes; Water Access: No; Water Body Type: Bay; Navigable: No;

Utilities
Central Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
Off Street, Parking Lot, Paved Parking, Private Parking

Interior
Ceiling Fan(s), Combination Dining/Living, Dining Area, Walk-in Closet(s), Dry Wall, Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor

Exterior
Stucco Exterior, Balcony, Outside Shower, Fenced Pool, Indoor Pool, In Ground Pool

Lot
Bay View

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (1 schools)

School District Grades Place Distance
Ocean City Elementary Worcester County Public Schools Preschool–4 Ocean City 4.37 mi

Private (1 schools)

School Grades Place Distance
Seaside Christian Academy Christian (no specific denomination) Preschool–12 Ocean City 4.73 mi

© 2025 LiveBy. All Rights Reserved.

This report is a detailed community overview for Ocean City (21842), Maryland.

Community Quick Facts

  • Average travel time to work for people in this community: 21
  • Average salary of people in this community: $46,876

Community Summary

  • Population Density (ppl / mile): 683
  • Household Size (ppl): 2.04
  • Households w/ Children: 22%

Housing Inventory

  • Owned: 3,625 (11.1%)
  • Rented: 1,559 (4.8%)
  • Vacant: 27,482 (84.1%)
  • Total: 32,666

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 10,655
Households: 5,184
Median Age: 52.40

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 2.8%
  • Some High School: 5.5%
  • High School Graduate: 28.9%
  • Some College: 22.0%
  • Associate Degree: 8.5%
  • Bachelor's Degree: 21.3%
  • Graduate Degree: 10.9%

Income by dollar range

Median Income: $55,064

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $713
  • One Bedroom: $830
  • Two Bedroom: $1,105
  • Three Bedroom: $1,412
  • Four Bedroom: $3,501

© 2025 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Coastal Life Realty Group LLC , (443) 235-8382, joe@coastallifeoc.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 5/16/2025.

121 81St Street #705, Ocean City, MD 21842-5275

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.