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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

Private Island at 1546 Teal Drive, Ocean City, Maryland is a truly unique offering — the bay's only island estate. Included is an adjacent buildable waterfront lot just inside the entrance gates before crossing the private bridge. The improved .29-acre parcel features approximately 95 feet of bulkheaded shoreline with boardwalk, paved driveway, irrigation, and landscaping, offering flexibility for a future guest house or single-family residence, additional parking, or expanded waterfront enjoyment. Located off 15th Street in downtown Ocean City, the property offers seclusion and accessibility, 3 blocks to the Boardwalk and beach, minutes to the Ocean City Inlet and Assateague Island by boat, and a block from Harbor Island, home of the world-renowned White Marlin Open. Hidden behind a brick wall and accessed through a 6-foot gate, the arrival continues across a private 120-foot vehicular bridge from Mallard Island. The island encompasses more than 3 acres of native marshlands and coastal landscape with panoramic views of the open bay, the Rt. 50 Bridge to the south, Rt. 90 Bridge to the north, and the rare combination of breathtaking sunrises and sunsets across the water. Architecturally, the home is an iconic shingle-style residence inspired by Nantucket architecture, with exterior renovations and enhancements by renowned Lyman Perry Architects Ltd. of Nantucket, Massachusetts. The approximately 5,000-square-foot home features custom woodworking, Carlisle wide-plank hand-finished pine flooring, new Andersen doors throughout, approximately 3,250 square feet of wraparound decking, and expansive water views. Upon entering, a dramatic 24-foot atrium features a 12-foot by 15-foot overhead skylight and floor-to-ceiling Coral Rock fireplace feature connecting the surrounding living spaces. Designed to maximize open bay views throughout, the main living area features custom built-in cabinetry and flows into the separate dining and gathering spaces. The kitchen/family room creates an inviting area for entertaining, with custom solid birch painted cabinetry by Premier Cabinetry of New Holland, Pennsylvania, and a 5-foot by 8-foot teak island countertop. A custom wood spiral staircase provides secondary access between the main and upper levels. The main level also includes a home office with built-in cabinetry and pull-out file storage, plus an additional guest bedroom and full bath. Upstairs, an open bridge hallway overlooks the atrium while separating the primary suite from two guest bedroom suites. The four-room primary suite includes a bedroom retreat with bayfront deck, sitting/entertainment/dressing room with vaulted ceilings, custom cherry wood built-ins and four closets, en-suite bath with double vanity and dressing table, and a second dressing room with vaulted ceilings, four double-door deep closets, and an arched window with window seat dividing two built-in tall chests. Two additional bedrooms each feature en-suite baths and private decks. Outdoors, an island retreat features a pool and spa by Sea Glass Pools, expansive decking, gazebo bar with cabinetry and quartz countertops, full bath with shower, docking, 10,000-pound boat lift, and fish cleaning station. Significant recent investments include bulkhead improvements, reinforced helical pilings, bridge renovations, active security and surveillance systems, and maintained structural and mechanical systems. Surrounded by abundant birdlife and endless open-water vistas, this distinguished estate embodies timeless elegance.

$15,000,000 ACTIVE

1546 Teal Dr Ocean City, Maryland

4 Beds 5 Baths 5,000 SqFt 3.16 Acres

Experience refined waterfront living in this exceptional 7,350-square-foot estate in West Ocean City. Positioned with ideal southern exposure, the home captures sweeping views of Assateague Island National Park and the constant activity of the Ocean City inlet. This custom-built residence is offered completely furnished and features six bedrooms, six full baths, and two half baths. A striking curved staircase anchors the interior, complemented by European cabinetry, expansive Pella windows and doors, and high-end finishes throughout. Radiant floor heating and geothermal systems deliver efficient, year-round comfort.Designed for both everyday living and entertaining, the layout includes spacious gathering areas, private bedroom suites, three separate laundry areas, and a dedicated captain’s quarters. For boaters, two rare 24-foot-wide deep-water slips provide immediate access to the harbor and open ocean—an unmatched advantage in this location. Offered at $6.9 million, this property represents a compelling value, with an estimated replacement cost near $12 million. The quality, setting, and waterfront lifestyle offered here are simply not reproducible at this price. A rare opportunity to own a turnkey coastal estate with premier views, direct water access, and enduring craftsmanship.

$6,400,000 ACTIVE

9601 Ocean View Ocean City, Maryland

6 Beds 8 Baths 7,350 SqFt 0.36 Acres

Welcome to “The Nautilus” – one of the most breathtaking waterfront properties in all of Maryland. This stunning 4-story home is located in the quiet harbor area of West Ocean City and offers unmatched views in every direction. Look out over the Ocean City Inlet, downtown skyline, Assateague Island, and the Atlantic Ocean—all from your own home. It truly feels like you’re living on a luxury cruise ship, surrounded by water and endless horizons, while enjoying the calm and privacy of the bay. Enjoy 5 bedrooms, 3 full and 2 half bathrooms, 2 full kitchens, a private elevator, and an incredible rooftop deck with sunrise and sunset views. Step out your back door to your private dock with a boat slip and lift, giving you direct access to the water. This location offers both peace and convenience—tucked away in a quiet neighborhood but just minutes from Ocean City’s beaches, restaurants, and marinas. The Nautilus is more than a home—it’s a once-in-a-lifetime property with views you won’t find anywhere else.

$5,999,999 ACTIVE

12957 Harbor Road Ocean City, Maryland

5 Beds 5 Baths 4,544 SqFt 0.11 Acres

If real estate truly comes down to location, this West Ocean City setting is difficult to top.With expansive water views, direct boating access, and a front-row perspective of the inlet, Assateague, and the Ocean City skyline, this 4-bedroom, 4-bath home stands out in one of the region’s most desirable coastal locations.Custom built in 2003 and designed to capture the full impact of its surroundings, the home features breathtaking views from multiple levels, an open kitchen and living area wrapped in glass, generous bedroom spaces, two fireplaces, and an elevator serving every level, including the rooftop deck.The main living area is the centerpiece of the home, bringing the kitchen, dining, and living spaces together in one bright, open gathering space designed around the water.The primary suite is a standout of its own, with generous space, beautiful natural light, a perfectly positioned fireplace, and the same incredible water views that define the home. A remarkable custom bathroom and additional walk-in dressing room/closet complete the suite with comfort, function, and style.The outdoor spaces are just as impressive, with five separate seating areas including covered and uncovered balconies, a waterside deck, and a rooftop deck with sweeping views across the bay, inlet, Assateague, and Ocean City. Whether you are entertaining, relaxing, or watching the boats move through the water, the setting is always part of the experience.For boating, the property includes two deeded boat slips with lifts, giving you direct and immediate access to the surrounding waterways. The location also places you close to restaurants, marinas, beaches, shopping, entertainment, and the best of coastal Maryland.This is a rare opportunity to own an exceptional waterfront home in one of West Ocean City’s most memorable and hard-to-duplicate locations.

$4,495,000 ACTIVE

12959 Harbor Road Ocean City, Maryland

4 Beds 4 Baths 2,725 SqFt 0.11 Acres

Insight Homes is taking the guess work out of developing this stunning bayfront property located just blocks from the beach! They have a 4-story home design that will fit on this rare bayfront building lot and have already selected the structural options that they think would enhance this home. After purchasing and settling on the building lot from the current owners for $2,599,900 the option to proceed with Insight Homes to build their Isakoff home becomes a smooth and easy process. Insight Homes has carefully chosen all of the structural options they think you would love and the price of the home itself ($1,534,068) includes a $175,000 designer allowance to give the buyer the freedom to choose their own finish selections at Insight Home's design studio. Structural options already made by the builder can still be modified which could increase or decrease the price of the home. The only structural option that must be made is a side-entry garage and the builder has included an estimated contingency amount in the quoted price for this structural change. An estimated site cost allowance is also included in the price of the home. Pictures provided in listing are of Isakoff model home and do not reflect specific options that were selected for this potential build but provide an example for potential buyers to get a real feel for all that this 4-story home and all that it has to offer. Imagine the water and city views from 10 different outdoor spaces, including porches, decks, and balconies. The Isakoff will feature an elevator and owned solar panels to add to this already energy efficient home. This is a once in a lifetime opportunity to own an undeveloped southern exposure bayfront parcel of land in Ocean City, MD. Enjoy incredible sunsets from your home once this property is developed and live a convenient relaxing lifestyle with a short walk or bike ride to the beach. Lot lines on pictures were completed by the photographer and are for demonstration only. Buyers should rely on the recorded subdivision plat attached to the listing for lot line placement. No builder tie-in. Option to build with Insight Homes is just that, an option.

$4,133,968 ACTIVE

8601 Chesapeake Drive Ocean City, Maryland

6 Beds 6 Baths 4,954 SqFt 0.18 Acres

Caine Keys 2 Extended – Direct Bayfront!Experience luxury waterfront living in this unbelievably gorgeous custom-built home, perfectly situated on the bay in Caine Keys 2 Ext, just approximately ½ mile from the beautiful beaches of Ocean City.Built approximately five years ago and meticulously maintained by its original owner, this exceptional property features five bedrooms and five-and-a-half baths with upgrades and high-end finishes throughout.Enjoy boating and waterfront living with your private boat lift and updated bulkheading, all while taking in spectacular bayfront views. The outdoor space also includes a private swimming pool, perfect for relaxing or entertaining.Inside, the home offers beautiful hardwood floors, a stunning chef’s kitchen, and luxuriously appointed baths designed with both comfort and style in mind.Additional features include two one car attached garages , offering ample space for vehicles, storage, or recreational equipment.This custom-built bayfront retreat truly offers the best of the best in coastal living.Schedule your private showing today and experience this incredible waterfront home for yourself.

$3,899,900 ACTIVE

307 Old Landing Road Ocean City, Maryland

4 Beds 6 Baths 3,666 SqFt 0.12 Acres

Experience coastal luxury at its finest in this exceptional waterfront residence, offering sweeping views of the bay, Assateague Island, and the Ocean City skyline. Encompassing over 6,000 sq. ft., this elegant home is perfectly positioned on a quiet cul‑de‑sac surrounded by other distinguished coastal properties. A rare opportunity, it blends refined living with an unparalleled waterfront lifestyle and includes a deeded deep‑water slip accommodating a boat up to 35 ft. Welcome to your coastal dream home.First Floor - Enter through an impressive foyer that leads down to the first level—an inviting space ideal for guests or multi‑generational living. This floor features: Two guest bedrooms and a full bathA spacious living room with a fireplace and access to a bay‑view deckThe Captain’s Quarters: a private suite with its own exterior entrance, full kitchen, full bath, laundry, and interior access to the main home. Main Level - A few steps up from the foyer, the main living area is designed for both grand entertaining and everyday comfort. Highlights include: A formal dining room with wainscoting and abundant natural light. A butler’s pantry leading into a gourmet kitchen with stainless steel appliances, granite countertops, custom cabinetry, pantry, and a large island with seating. Dining area that opens to a spacious deck with direct water views. Bright living room with a stone fireplace, wet bar, and expansive windows framing the bay, private den perfect for quiet moments or work‑from‑home needs. Owner’s Retreat – Third Floor- The top floor is a luxurious sanctuary with breathtaking views. The primary suite includes: A generous bedroom with sitting area and fireplace, three walk‑in closets, spa‑inspired bath with double vanities, jetted tub, tiled shower, and water closetAn additional bedroom—currently used as a custom dressing room—can easily be converted back to a fifth bedroom. A convenient utility area provides space for morning coffee or snacks.Follow the spiral staircase to the Coastal Overlook, a stunning vantage point offering panoramic views that must be seen to be believed.Additional Features: Elevator access to all three floors, hardwood and tile flooring throughout, thoughtful upgrades and refined finishes in every room. HOA‑approved short‑term rentals, community marina, clubhouse, and pool with reasonable HOA fees. This extraordinary home offers elegance, comfort, and unmatched coastal views. Schedule your visit today—your dream waterfront lifestyle awaits.

$3,649,000 ACTIVE

9600 Oceanview Lane Ocean City, Maryland

5 Beds 5 Baths 6,486 SqFt 0.43 Acres

Experience the pinnacle of coastal luxury in this truly one-of-a-kind direct oceanfront residence. Spanning more than 4,000 square feet and occupying the entire third floor of an exclusive boutique building with just eight residences, this extraordinary condo offers an unmatched level of privacy, space, and sophistication.Designed with both comfort and elegance in mind, this stunning home features five spacious bedrooms, each with its own private ensuite bath, plus an additional half bath for guests. The expansive primary suite is a private retreat of its own, complete with a cozy sitting room, fireplace, and a spa-inspired luxury bath. A dedicated private office provides the perfect work-from-home setup without sacrificing the serenity of your oceanfront surroundings.At the heart of the home, the gourmet kitchen is thoughtfully designed for effortless entertaining, featuring two refrigerators, two sinks, two ovens and two dishwashers—ideal for hosting family and friends with ease. The open-concept living and dining areas are filled with natural light and showcase breathtaking panoramic ocean views.Step outside to your spectacular 1,200+ square foot balcony and take in the soothing sea breeze, endless ocean vistas, and unforgettable sunrises. This expansive outdoor living space is perfect for morning coffee, al fresco dining, or simply relaxing while listening to the waves.Practical luxury continues with five dedicated parking spaces, including two covered spots—an exceptional convenience at the beach. After a day in the sand and surf, unwind with a refreshing swim in the rooftop pool while enjoying sweeping coastal views.Custom built during original construction; this residence offers thoughtful details and features that simply cannot be replicated. For added peace of mind, no short-term rentals are permitted, creating a quieter, more private atmosphere and preserving the exclusive feel of the building.This is a rare and remarkable opportunity to own an exceptional oceanfront home that offers the space of a single-family residence with the ease and convenience of luxury condo living.

$3,050,000 ACTIVE UNDER CONTRACT

12201 Wight Street 301 Ocean City, Maryland

5 Beds 6 Baths 4,015 SqFt

$2,999,900 ACTIVE

Ocean City, Maryland

9 Beds 9 Baths 5,022 SqFt 0.14 Acres

Ocean City’s only direct oceanfront new construction in a prime midtown location with a low-density beach! This 5BR/4.5BA home features an open layout, spacious bedrooms, and stunning oceanfront decks with unobstructed views. Fee simple ownership—no condo or HOA fees. Includes 4 off-street parking spaces and an elevator. Rare opportunity for luxury coastal living or a high-performing investment property just steps from the sand!

$2,900,000 ACTIVE

8305 Atlantic Avenue Ocean City, Maryland

5 Beds 5 Baths 2,850 SqFt 0.07 Acres

$2,800,000 ACTIVE UNDER CONTRACT

8303A Atlantic Avenue Ocean City, Maryland

5 Beds 5 Baths 2,850 SqFt 0.07 Acres

Where do you even begin with a property like this?Let's start at the very top.Perched above it all is the extraordinary Pilot House rooftop retreat, offering breathtaking 360-degree views that stretch across the entire Ocean City skyline, the Atlantic Ocean, Assateague Island, and beyond. Imagine starting each day with spectacular sunrises and ending it with vibrant coastal sunsets. From the Air Show to the White Marlin Open send-off, you'll enjoy front-row seats to some of Ocean City's most iconic events—all from the comfort of your own private rooftop sanctuary.But this home is far more than just an incredible view.Let's paint the picture from the top down.Friends arrive and immediately ask, "Can we see the rooftop?" You open the elevator, ride effortlessly to the third floor, then ascend the spiral staircase to the Pilot House. There, an expansive rooftop balcony and patio reveal panoramic views of your entire 11-mile barrier island. It's a perspective few ever experience and one you'll never tire of.After taking in the views, head back down to the exceptional outdoor living space designed by Wes Novelli. Whether you're enjoying a freshly made Orange Crush, relaxing with a cold beer, or simply soaking in the surrounding nature and privacy, this outdoor oasis is designed for unforgettable gatherings and peaceful evenings alike.The entire third floor is dedicated to an impressive Primary Retreat. This private sanctuary features a spacious bedroom with room for a sitting area, home office, or Peloton, along with a cozy fireplace for year-round comfort. The custom-designed walk-in closet includes a dressing area and abundant natural light. The luxurious primary bath offers a soaking tub, oversized shower, and bright, airy atmosphere. Completing the retreat is a stunning private deck spanning the full width of the home.The second floor is designed to comfortably accommodate family and guests. An oversized hallway includes a convenient beverage station with built-in refrigerator and storage. Three spacious bedrooms are located on this level. Two enjoy eastern exposure and access to a large deck, sharing a beautifully appointed Jack-and-Jill bath. The third bedroom offers expansive western views and functions as a junior primary suite.The gourmet kitchen is a chef's dream, featuring induction cooking, custom granite countertops, abundant cabinetry, and quality finishes throughout. Thoughtful details, including soft-close cabinetry, ensure both style and functionality.On the first floor, you'll find a spacious great room with fireplace, dining area, lounge space, oversized powder room, and a side-entry two-car garage. Just outside, the professionally designed outdoor entertaining area features a full outdoor kitchen, extensive lighting, and a firepit—perfect for hosting family and friends throughout every season.And then there's the waterfront lifestyle.The private dock is exceptional, accommodating a boat on a lift, multiple jet skis, an additional spot for your guests, and offering convenient lighting for evening use. A dedicated kayak launch makes it easy to explore the surrounding waterways whenever adventure calls.Perhaps one of the best-kept secrets is the location itself. Situated in West Ocean City, this property offers the perfect balance of privacy and convenience. Enjoy easy access to marinas, restaurants, shopping, and all that Ocean City has to offer, while being just a 1.9-mile walk or bike ride to the world-famous Boardwalk and beach. Best of all, you'll benefit from no Ocean City town taxes and the property is not located within a flood zone requiring flood insurance.A home with views, luxury, privacy, boating access, and exceptional outdoor living is a rare find.Schedule your private tour today. Property is owner occupied; 24-hour notice is respectfully requested.

$2,450,000 ACTIVE UNDER CONTRACT

13014 Riggin Ridge Road Ocean City, Maryland

4 Beds 4 Baths 4,112 SqFt 0.57 Acres

Wake up to open water. From the moment you step inside 12704 W End Ct, the bay commands your attention — unobstructed, panoramic, and entirely yours. Tucked in coveted West Ocean City with no HOA, this custom-built bayfront retreat delivers over 4,300 square feet of thoughtfully designed coastal living, a private dock, and the kind of views that never get old.Inside, the vaulted great room with powered blinds sets the tone — open, airy, and flooded with natural light. The chef’s kitchen is built for entertaining, while the main-level primary suite offers a private retreat without ever leaving the first floor. Multi-zone heated tile floors, a secret bonus room, and a dramatic crow’s nest balcony with ocean views round out an interior that’s as functional as it is impressive.The smart home features are equally refined: WiFi-enabled thermostats, invisible in-wall speakers, dock lighting, and a Tesla charger — all integrated seamlessly into the coastal aesthetic. A remote-controlled retractable awning, whole-yard irrigation, architectural uplighting, and pre-wired generator backup complete the picture.Step outside to your private dock and feel the pace shift immediately. Whether you’re launching a boat at sunrise, watching the pelicans from the deck, or catching the inlet lights at dusk, this home is designed for life on the water. And with no HOA, you’re free to enjoy it entirely on your terms.Homes like this — true bayfront, custom-built, move-in ready — rarely come available in West Ocean City. This is your moment.

$2,400,000 ACTIVE

12704 W End Court Ocean City, Maryland

5 Beds 5 Baths 4,300 SqFt 0.37 Acres

Stunning custom 5BR/5BA estate is located in the prestigious Estates at Inlet Isle Lane in West Ocean City. This custom home showcases exceptional craftsmanship, a unique architectural style, and an unbeatable waterfront location. With panoramic views of the marina, bay, canal and ocean, this property offers the perfect setting to enjoy endless sunrises and sunsets. Boating enthusiasts will appreciate the deep-water slip that accommodates up to a 42-foot boat, providing easy access to the ocean through the inlet. The home’s exterior is sleek and modern, featuring clean white lines, stone finishes, and striking black accents that complement its coastal setting. Upon entering the first floor, you’ll find a spacious recreation room and a full bathroom—ideal for entertaining guests or relaxing after a day on the water. An elevator or staircase leads to the second level, where a gourmet kitchen awaits. This chef’s kitchen includes high-end appliances, quartz countertops, a custom coffee bar, and ample cabinetry, all set against a backdrop of wall-to-wall windows offering breathtaking water views. The adjacent family room features soaring ceilings, a dramatic floor-to-ceiling stone fireplace, and cedar wood accents that draw your eye to the expansive windows overlooking the bay. This open and airy space is perfect for entertaining family and friends. Also on this level is a luxurious primary suite complete with a large walk-in closet with custom shelving, a spacious custom shower, and a beautiful soaking tub. A second bedroom and bathroom are also located on this floor. The third level offers even more space to relax and unwind with a second family room/lounge area featuring another coffee bar and panoramic water views. This floor includes a second primary suite with its own spa-like bathroom, plus two additional bedrooms that overlook the marina.Multiple decks on every level allow you to enjoy the fresh air and cool summer breezes from sunrise to sunset. The oversized garage provides plenty of space for large SUVs and all your beach gear, with potential to finish part of the space if needed. Located close to world-class marinas, golf courses, Assateague Island, the Ocean City Boardwalk, and some of the area’s best restaurants, this home offers the perfect blend of luxury, comfort, and coastal living. It’s a place where you and your loved ones can create memories that will last a lifetime.

$2,350,000 ACTIVE

12971 Inlet Isle Lane Ocean City, Maryland

5 Beds 5 Baths 5,184 SqFt 0.23 Acres

Experience direct waterfront living with breathtaking bay views in this stunning luxury 5-bedroom, 3.5-bath single-family home in the sought-after Heron Harbour Isle community. A charming white exterior sets the tone with a classic coastal, nautical vibe, complemented by beautiful new navy-blue front doors. Perfectly positioned on the water, the home includes a private boat slip with lift and a vinyl bulkhead—ideal for boating enthusiasts. Enjoy magnificent sunsets from the spacious family room, featuring a cozy gas fireplace for year-round comfort, a wet bar for entertaining, and a wall of windows and glass sliders that flood the space with natural light while showcasing panoramic bay views. Step outside to the expansive waterfront composite deck with southern exposure, complete with an electric awning—perfect for relaxing, grilling, or hosting unforgettable crab feasts as boats drift by. The chef’s kitchen impresses with elegant quartz countertops, abundant cabinetry, and crisp white finishes. The dining area overlooks the water as well. The first-floor waterfront primary suite offers a private retreat with stunning views, direct deck access, walk-in closets, and a luxurious en-suite bath featuring a soaking Jacuzzi tub and a separate tiled shower. The main level also includes a half bath and a convenient laundry room. A second living area or office opens to a private balcony overlooking the water on the second floor. Upstairs, one bedroom boasts its own waterfront balcony, while additional bedrooms are thoughtfully designed with Jack-and-Jill baths for convenience. There is also a bonus room that could be used as a 6th bedroom or home office or playroom. This home is packed with upgrades, including 40-year architectural shingles, heated tile floors, 2x6 exterior wall construction, upgraded lighting and landscaping, and a two-car garage. Dual-zone heating ensures year-round comfort, with gas heat on the first floor and a heat pump on the second. Residents of Heron Harbour Isle enjoy resort-style amenities, including indoor and outdoor pools, a kiddie pool, fitness center, sauna, tennis courts, and scenic sidewalks and piers. Embrace the ultimate coastal lifestyle with boating, fishing, crabbing, kayaking, and paddleboarding right from your backyard.

$2,300,000 PENDING

311 S Heron Gull Court Ocean City, Maryland

5 Beds 4 Baths 3,708 SqFt 0.15 Acres

$2,250,000 ACTIVE

12608 Selsey Road Ocean City, Maryland

4 Beds 4 Baths 4,523 SqFt 0.19 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.