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121 81st Street Unit 501

Ocean City, MD 21842

3 beds
3 baths
1,834 sqft
$474 per sqft
2008 build

Located on 81st Street and Coastal Hwy about midtown of Ocean City, MD . This is one of the nicest unit in the Exclusive Rivendell, Ocean City's Premier Bayfront Condominium, a non rental building. Large 3 bedroom, 3 bath property with the most amazing view from every room. All bedrooms have access to balconies. Open living room, kitchen, dining area with unobstructed incredible bay views and sunsets! Multiple sliders facing the bay making you feel as you are floating on the water. The kitchen features granite counter tops, updated appliances and white cabinets. The primary bedroom has access to the huge bayfront balcony. Plenty of storage in the walk in closet and a 2nd closet. The primary bath features a private water closet, large tiled shower with 2 shower heads and an oversized soaking tub, The guest wing is separate from the primary suite, featuring the other 2 bedrooms. One is a second primary with an en suite bath that has a large tiled walk in shower with 2 shower heads and a private balcony with direct bay front views, ocean and city views of Coastal Highway, as well as access to the main balcony. This wing also has a guest room with a balcony and hall bath. Laundry area has stack washer and dryer, linen and coat closet located in this wing of the condo a well. HVAC recently installed / June 2023. The Rivendell has many amenities to enjoy ...Bayfront indoor and outdoor pools, Exercise room, oversized community deck, secure access entry into the building, and a parking garage. The Rivendell is also home to the Hobbit Restaurant considered Ocean City's finest restaurant for over 40 years. Not only is this development beautifully designed both inside and out, but it's situated perfectly between the beach and bay, so residents have quick access to the beach. This bayfront condo is the epitome of luxury living, offering an idyllic retreat from the hustle and bustle of city life. Whether you desire a serene escape or a vibrant social experience, this residence will cater to your every need. Don't miss this rare opportunity to own a piece of paradise!

Listing courtesy of BRIGHT / RE/MAX Advantage Realty

Last checked: Checking… • Last updated Mar 24, 2025 •

MLS# MDWO2028236 —

The Building

Year Built:

2008
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Building Name:

Rivendell
Unit Building Type:

Hi-Rise 9+ Floors
Structure Type:

Unit/Flat/Apartment
Architectural Style:

Coastal
Levels:

1
Entry Floor Number:

5
Accessibility Features:

None
Basement:

No
Unit Number:

501
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished SqFt:

1834
Above Grade Finished SqFt Source:

Assessor
Below Grade Finished Area Units:

Square Feet
Below Grade Unfinished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor
Below Grade Unfinished SqFt Source:

Assessor
Tax Total Finished SqFt:

1834

Interior

Interior Features:

Ceiling Fan(s), Primary Bath(s), Primary Bedroom - Bay Front, Bathroom - Soaking Tub, Bathroom - Tub Shower, Walk-in Closet(s)
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1834
Living Area SqFt:

1,834 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Possession:

Settlement

Location

Directions:

81st Bayfront
Latitude:

38.40016192
Longitude:

-75.06328749
Location Type:

Bayfront

The Property

Property Type:

Residential
Property Condition:

Excellent
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Exclusions:

Sold Unfurnished
Zoning:

RESIDENTIAL
View:

Bay
In City Limits:

Yes
Outdoor Living Structures:

Balconies- Multiple, Deck(s), Patio(s)
Other Structures:

Above Grade, Below Grade
Waterview:

Yes
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

U
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

2410762111
Tax Year:

2024
Tax Lot:

501
Tax Annual Amount:

$9,539
Tax Assessed Value:

$681,567
Year Assessed:

2024
County Tax:

5759.00
City/Town Tax:

3016.00
Total Taxes Payment Frequency:

Annually

Beds

Bedrooms:

3
Bedrooms Main Level:

3

Baths

Total Baths:

3
Full Baths:

3
Main Level Baths:

3.00
Main Level Full Baths:

3

Heating & Cooling

Cooling Type:

Ceiling Fan(s), Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Central, Heat Pump - Electric BackUp
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Septic, Public Sewer
Hot Water:

Electric
Water Source:

Public

Appliances

Appliances:

Built-In Microwave, Dishwasher, Dryer - Electric, Washer, Stove
Laundry Type:

Dryer In Unit, Washer In Unit
Washer/Dryer/Hook Up in Unit:

Yes

Schools

High School:

STEPHEN DECATUR
School District Name:

Worcester County Public Schools
School District Source:

Listing Agent

The Community

Subdivision Name:

None Available
Senior Community:

No
Exterior Features:

Exterior Lighting, Outside Shower, Sidewalks
Pool:

Yes - Community
Community Pool Features:

Heated, Indoor, In Ground
Association Recreation Fee:

No
HOA:

No
Condo/Coop Association:

Yes
HOA/Condo/Coop Amenities:

Common Grounds, Elevator, Exercise Room, Pool - Indoor, Pool - Outdoor
Condo/Coop Fee:

$937
Condo/Coop Fee Frequency:

Monthly
HOA/Condo/Coop Fee:

Common Area Maintenance, Insurance
Condo/Coop Name:

Rivendell Condo

Parking

Total Garage and Parking Spaces:

2
Garage:

Yes
Garage Features:

Covered Parking
Garage Spaces:

2.00
Type of Parking:

Parking Garage
Parking Garage - # of Spaces:

2

Extra Units

Vacation Rental:

No

Monthly cost estimate

Asking price

$870,000

Expense	Monthly cost
Mortgage	$4,658
Taxes	$794
Insurance	$239
HOA fees	$937
Utilities	$145 See report
Total	$6,773/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

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Sale history

Date	Event	Source	Price	% Change
3/24/25 Mar 24, 2025	Price Changed	BRIGHT	$870,000	-0.6%
2/14/25 Feb 14, 2025	Listed / Active	BRIGHT	$875,000

Condo For Sale

$870,000

HOA

$937/mo.

Cost Est.

$6,773/mo.

Listing provided by broker:

Cindy Purcell

RE/MAX Advantage Realty

blawrence.rma@gmail.com

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This condo located in Ocean City, MD 21842 is currently for sale for $870,000. 121 81st Street Unit 501 is a 1,834 square foot condo with 3 beds and 3 baths. This condo is in the attendance area of Stephen Decatur High School, Stephen Decatur Middle School, Berlin Intermediate School, and Ocean City Elementary School.

Listing Courtesy of: BRIGHT and RE/MAX Advantage Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.