Back 27C/27 Island Edge Drive
Off Market

27C/27 Island Edge Drive

Ocean City MD 21842

5
4
4
2378 sq. ft.
10000 sq. ft.
Townhouse
Last sold for $1,000,000
Mikel IraolaMikel Iraola, last sold this property on 09 September 2026 after 135 days on market.

Overview

Welcome to a fully furnished, turnkey coastal retreat in one of Ocean City’s most desirable gated communities. This expansive four-level end-unit townhouse offers the rare combination of space, natural light, and resort-style living—just moments from the beach and bay. Positioned as a premium end unit, the home benefits from added privacy and multiple exposures, enhancing both light and airflow throughout. Inside, a thoughtfully designed layout spans four levels, offering five well-appointed bedrooms and four-and-a-half bathrooms—ideal for both personal use and high-performing investment potential. The main living level features an open-concept kitchen, dining, and living area that flows seamlessly to multiple wraparound balconies. These outdoor spaces vary between shaded and full-sun exposures, creating a dynamic indoor-outdoor living experience across every level of the home. A faux fireplace with integrated electric functionality adds warmth and ambiance to the primary living space. The bedroom layout is intentionally distributed to maximize privacy and flexibility: the entry level includes a private bedroom and full bathroom—ideal for guests. Upper levels feature multiple sleeping configurations, including a spacious primary suite with double vanity, soaking tub, and separate shower. A top-floor suite offers elevated privacy, complete with its own ensuite bath and private balcony. The home comfortably accommodates large groups while maintaining a sense of separation and comfort across floors. Additional highlights include multiple wraparound balconies on nearly every level, an outdoor shower for post-beach convenience, a full-size washer and dryer on the entry level, a two-car garage plus driveway parking with additional community passes available, and public water and sewer. Ownership includes access to a comprehensive amenity package through the HOA, covering master insurance, grounds maintenance, and resort-style features such as indoor and outdoor pools, sauna, fitness center, bayfront beach access, and walking paths. From an investment perspective, the property is already professionally managed for short-term rentals and has been optimized for Airbnb use. The current property manager is willing to continue services, offering a seamless transition for any investor seeking immediate income generation. Please note: any purchaser will be required to honor the existing property management agreement through December 31, 2026, including all confirmed bookings. This is a rare opportunity to acquire a fully furnished, income-ready coastal property with strong lifestyle appeal and proven rental infrastructure already in place

Features

5 bedrooms
4 bathrooms
4 carspaces
2 garage spaces
2378 sq. ft. floor area
10000 sq. ft. lot size
Townhouse

Estimated Value

Based on this property and similar 5 bedroom townhouses sold in Ocean City over the last 12 months, the estimated median property value of 27C/27 Island Edge Drive is $965k.

Median value
$965k
Estimated value range
$505k - $1.52m
Median days on market
34
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Ocean City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 27C/27 Island Edge Drive

2026
Sold
$1,000,000
09 Sep 2026 by Mikel Iraola, of Compass

Happy sellers in Ocean City

88%
88% of sellers in Ocean City reported that their sale price either exceeded or met their price expectations.

Ocean City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Ocean City over the last 12 months.

Local market activity for 5 bedroom townhouses in Ocean City

In the last 12 months, 3 five-bedroom townhouses similar to 27C/27 Island Edge Drive, have been sold.

This represents a 300% decrease in five-bedroom townhouses sales when compared to the previous 12 months.

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