Welcome to Drake Realty!

If you are looking to buy or sell residential or commercial real estate in Maryland, you’ve come to the right place. Drake Realty agents work collectively as a team to meet all your real estate needs. With over 150 combined years of experience in the industry, our agents are proficient in a wide variety of market specialties which means we are equipped to oversee any type of real estate transaction.

Featured Properties

This property is the pinnacle of Coastal Homes. The features, the craftsmanship and its allure are in a class of its own.  Architecturally designed to enhance movement of light throughout the house during the day and to captivate the exceptional views.  The location is absolutely ideal, just tucked away in one of the east coast’s finest communities.  Close by is 20+ miles of clean white sand beaches stretching two barrier islands, over 400 restaurants, spectacular Nightlife, 10 top ranked golf courses and plenty of outdoor adventures.  You are just a few minutes away from the local airport that can accommodate your own plane or a commercial regional airport just 20 minutes away.  The home itself has extraordinary features, craftsmanship, notable talent, one-of-a-kind detail using superior finishes with unparalleled thoughtfulness that captures the true essence of this original treasure.  There are two large boat slips out your back door that can accommodate widths up to 25 feet and a length up to 65 feet that have direct unobstructed access to some of the finest sportfishing on the Coast. This luxury coastal gem is above all else, the apex of a lasting coastal lifestyle. $11,000,000 ACTIVE

9601 Ocean View Ocean City, Maryland

6 Beds 9 Baths 7,323 SqFt 0.360 Acres

Luxury 5BR/6BA/2HBA Bayfront home with pool hits the market! This luxury home has 145 feet of water frontage with direct bay views and offers southern exposure. As you walk in the front door of this lovely home you will immediately fall in love with the attention to details and upgrades throughout. An elegant foyer with marble flooring greets you as you enter with your eyes drawn to the beautiful Bayfront views and the swimming pool in the courtyard. On the first level you will find a kitchen designed for access in and out to the pool area with plenty of seating and room for entertaining family and friends. Also on the first floor, you will find a Bay front office or playroom for the kids. This home is complete with a home elevator so either take the spiraling stairs to the second level or take the elevator up to the second level.  You will be mesmerized by the amazing Bayfront views and endless sunsets this home offers. There are 6 decks off the home for privacy.  On the second level you will find a professional chefs kitchen complete with large center island, high end appliances and plenty of cabinet space adjoining a beautiful, spacious dining room overlooking the bay. The family room is also complete with a gas fireplace for chilly winter nights, making this the perfect home for year round living or a vacation home. Also, on this floor, you will find a second office, home theater room, or game room. On the third level you will enjoy waking up to the endless water views from your primary bedroom. The primary bath has custom finishes throughout with extensive tile work. The primary bedroom also has a fireplace for romantic evenings and relaxing. Also on this floor are three additional bedrooms, which are spacious and separated nicely from the primary bedroom. This home is over 6000 ft.² and is one of the few Bayfront homes available on the market. So, if you’re looking for a home at the beach, also offering all the thrill of the day with attention to detail look no further. Come take a look at 733 Bradley Rd. today before it’s sold! NEW HVAC SYSTEMS INSTALLED Feb 2024 !!! $3,200,000 ACTIVE

733 Bradley Road Ocean City, Maryland

5 Beds 8 Baths 6,106 SqFt 0.170 Acres

Huge Parcel with 2 lots and One of the best views in Ocean City!! There is no other property like this! You have over 200 total feet of water frontage allow you to gaze straight down the bay with complete, unencumbered views! The house is a 3 bedroom/2 bathroom ranch style home with huge windows overlooking the expansive property and the bay.  There are 2 lots on this property.  Your imagination can run wild where you can just use the current property and house, have 2 beautiful new homes built or build your own sprawling compound! The possibilities are endless and the views are priceless! $3,200,000 ACTIVE

409 Bering Road Ocean City, Maryland

3 Beds 2 Baths 1,530 SqFt 0.370 Acres

**In the process of being built. - Due to be complete the by the end of April**  Recently appraised for 2 million! Photos are renderings of the new build. The front and rear decks will both be fully covered (not shown in renderings). New photos to be taken of the actual build in process as the structure is erect with 95% of the exterior components complete. The interior is to begin drywall in mid-January. This property screams luxury from the Subzero and Wolf appliances, built in coffee maker, to the private pool/tiki bar. This 6 bedrooms, 4.5 bath house has a reversed floor plan, with all bedrooms on the first floor. If you're looking to use this as a rental property, this home will sleep up to 20 and has bay and ocean views from the front second floor deck! This property has rental projection of up to $2,500 per night and over $200k per year. The property features two master bedrooms, both with ensuites, that lead directly out to the pool. This is a new build projected to be completed at the end of April, if not sooner. $1,999,990 ACTIVE

105 74th Street Ocean City, Maryland

6 Beds 4 Baths 2,495 SqFt 0.140 Acres

Welcome home! We are proud to offer an exceedingly rare opportunity to own an immaculate five
bedroom, 4.5 bath, three story home which has been lovingly restored to become a perfect blend of “old
Ocean City” but with the cleanliness and aesthetics of a brand new home, even having a super rare side
yard for entertaining and relaxing with the family/friends. Opportunities abound for this 3-properties-in-one house with two street level efficiency apartments below the main living area on floors 2 and 3.
Possible uses include maintaining it as a single family home, renting all or some of the three units, or
opening a bed and breakfast. Enjoy a 200 foot stroll to the HEART of the OCMD boardwalk, or a couple
more steps to the ocean. Parking, which is in short supply in downtown OCMD is not a problem either,
with parking for up to FOUR cars in available spots on both side of the house. The efficiency apartments,which were used by current owners as getaway spots for their kids or for guests, have been restored entirely, with everything new from cinderblock foundation on in, and were outfitted with two
independent Mistubishi split systems, new doors, new kitchens, stainless fasteners holding everything in place, and mass loaded rubber and Rockwool soundproofing insulation encapsulating the units for
deadening noise from upstairs and outside activity. Upstairs, painstaking care was taken to completely
restore all original, locally milled 1930s Douglas fir flooring to its original glory. Every kitchen appliance
was replaced with stainless steel units tray ceilings were installed with Philips Hue ecosystem lights, four new high-end ceiling fans, brand new furniture, and updated colors throughout. Both bathrooms on the third floor were completely renovated with one containing interesting pebble stone shower features. Aside from the retrofitted HVAC on first floor, the system on floors 2 and 3 are also brand new, promising years of trouble free heating/cooling. But the fun doesn’t end on the inside. Outside, new stucco and a roof were recently installed. There is a fenced half lot with both grass and a beach/sand area for playtime and buffer area that prevents one from feeling “crowded” as is the case with properties downtown. A pergola with wifi lighting controls allows for socializing at night and elicits oohs and aahs from passerby walkers. Both sides are fenced to keep our furry friends and kids where they should stay,with an opportunity in the back of the property to create a “walk through access” corridor between the two sides of the house with the owner owned property between the existing rear fence and the neighboring rear property. The home boasts a large enclosed area under the back deck that can be used for storage or the possibility for additional living space. There are three elevated porches, two of them exceptionally large, for gatherings, sunbathing, or just watching the boardwalk. There are not many more things more relaxing than sitting out in the breeze, smelling suntan lotion and boardwalk food, while watching the action on the boardwalk and the breaking waves. Speaking of views, the upstairs deck has perfect views of the ocean and all the vacationers walking the boardwalk. After a long day at the beach, come home to an outdoor hot/cold shower under the porch. There is also some unique protection from storms as well, given the blockage from winds on all four sides, with special blockage from the condo building across the street from winds coming out of the directional ranges SW, S, and SE. And one of the best things about this home being a few feet from the ocean is that this house is you will save on insurance premiums, homeowners insurance costs, no condo fees, or large upkeep costs because almost everything has been replaced. Give me a call today to schedule a visit to see this remarkable and unique property! $1,825,000 ACTIVE

10 E Surf Avenue Ocean City, Maryland

5 Beds 5 Baths 2,643 SqFt 0.090 Acres

Welcome to your waterfront oasis in the heart of Ocean City, Maryland! Nestled in the serene and sought-after neighborhood of Caine Woods, this stunning two-story home offers the perfect blend of tranquility, and coastal charm.
As you step inside, you'll be greeted by an inviting atmosphere bathed in natural light, with breathtaking views of the bay from every angle. The spacious living area boasts an open floor plan, ideal for entertaining guests or simply relaxing with loved ones. Hardwood floors, high ceilings and wall to wall glass doors on the south side facing the water is what you will find.
The kitchen offers granite counter tops and island seatings.  Whether you're preparing a gourmet meal or enjoying a casual breakfast at the island counter, you'll love the convenience and style this kitchen has to offer.
Downstairs has 2 bedrooms and a full bathroom accessible from the 2 car garage, which offers a Tesla charger,  or by the entering the front or side door.  Upstairs, you'll find the master suite, complete with a luxurious ensuite bathroom, and a fourth bedroom across the hall both leading onto a private balcony on the north side of the house. 
The property has a storage shed on the side of the house big enough for kayaks and surf boards which convey with the sale.
One of the highlights of this home is its outdoor living space. Step outside to discover your own private paradise, with a sprawling backyard that leads directly to the water's edge. Enjoy alfresco dining on the patio, host barbecues with friends, or simply relax and soak in the beauty of your surroundings.
It's the perfect space to unwind in the evening as you watch the colors of the sunset dance across the sky.
Boating enthusiasts will appreciate the extra-large canal, complete with a 40-foot dock and jet ski lift. Spend your days exploring the bay, fishing, or cruising along the coastline, knowing that your waterfront retreat is just steps away.
Located in a quiet and friendly neighborhood, this home offers the perfect balance of peace and convenience. Enjoy easy access to local shops, restaurants, and attractions, as well as the pristine beaches of Ocean City just moments away.
Don't miss your chance to own this rare gem on the water. Schedule your private tour today and start living the coastal lifestyle you've always dreamed of! $1,825,000 ACTIVE

505 S Surf Road Ocean City, Maryland

4 Beds 3 Baths 2,400 SqFt 0.100 Acres

Why Choose Us

Our experience, professionalism, and collective approach to real estate set us apart from the rest. When we represent a buyer or seller, we put the needs of our clients first and make every effort to find a solution that meets their needs.

Variety of Properties

From residential waterfront properties to warehouse space and everything in between, Drake Realty manages transactions of a wide range of properties in Maryland. We offer specialist knowledge in a variety of industries, from commercial and industrial to office, retail, residential, investment properties, and land.

Trusted & Experience

We pride ourselves in getting the most value in and out of the properties we buy and sell for our clients. The Drake Realty team has a strong grip on market trends and through a collective approach with specialists in every category, we can provide superior service to the buyers and sellers we work with.

Management Serices

Our management services include consultation, marketing, advertising, 3D imagery, open houses, coordination, and personal handling.

Meet our Agents

Tom Walpole

Real Estate Agent

Jack Williams

Real Estate Agent

Susan B. Megargee

Associate Broker

Jack Williams

Real Estate Agent

Contact Us

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