Last Sold Price
1 bed624 sqft$383/sqft
720 Rusty Anchor Rd, Unit 36C, Ocean City, MD 21842

Description

Waterfront. Two Levels. Two Baths. And the BEST Value at the Beach — Rusty Anchor #36! Let’s not overcomplicate it—this is the best-priced waterfront townhome in Ocean City right now. Period. Welcome to Rusty Anchor #36, a two-story, 1-bedroom, 1.5-bath condo that lives way larger than expected and delivers real water views from the moment you walk in. With its townhome-style layout, you get the space, separation, and storage you need—without the price tag that usually comes with it. Oh, and did...Waterfront. Two Levels. Two Baths. And the BEST Value at the Beach — Rusty Anchor #36! Let’s not overcomplicate it—this is the best-priced waterfront townhome in Ocean City right now. Period. Welcome to Rusty Anchor #36, a two-story, 1-bedroom, 1.5-bath condo that lives way larger than expected and delivers real water views from the moment you walk in. With its townhome-style layout, you get the space, separation, and storage you need—without the price tag that usually comes with it. Oh, and did we mention it’s move-in ready? This isn’t a project. This isn’t a someday place. This is a right-now opportunity, with all the big stuff already taken care of. Updated, Upgraded & Ready to Roll -

Step inside and you’ll find a freshly updated space that blends comfort, style, and simplicity. Here’s what’s already been done for you:

Brand-new LVP flooring throughout the main level. New carpet upstairs for a cozy, quiet retreat. All-new appliances, including a modern range, fridge, and dishwasher. A new water heater so you’re not playing the plumbing roulette. And not one, but two brand-new mini-split HVAC systems for efficient year-round comfort. The layout just makes sense—with the kitchen and living space downstairs (plus a full bath for convenient use), and the bedroom + half bath upstairs for privacy. Whether it’s your weekend basecamp or a savvy full-time setup, #36 checks boxes that most 1BR condos can’t. Bay Views + Beach Access + Smart Location

Rusty Anchor is one of those quiet buildings that locals and in-the-know buyers love. You’re on the water, yes. But you’re also just minutes from the beach, shops, restaurants, and the best of Mid-Town Ocean City—without being in the chaos of it. From your back deck, soak up sunset skies and salty breezes with a front-row view of the bay. Launch a kayak, crack open a drink, or just unplug for a while—this is that peaceful waterfront energy you’ve been looking for. Parking? Check. Easy access? Absolutely. And HOA fees that don’t make you question your life choices? Yep, those too. Don’t Overthink It—This One Makes Sense

In a market where every square foot counts, Rusty Anchor #36 gives you more:
Two levels. Two bathrooms. Real updates. Real water views. Real value. And when’s the last time you saw a waterfront, move-in-ready condo at this price point? Exactly. If you’ve been waiting for the one that feels like the smartest move on the beach—this is it. Low maintenance. High lifestyle. And priced to move. REACH OUT for a private showing or to snag the details before it’s gone. #36 Rusty Anchor isn’t waiting.
LISTING CLOSED: 10/14/2025 12:00 AM

  1. Listed by Grant K Fritschle • Keller Williams Realty Delmarva
    P: (410) 430-5880 grant@grantf.com

Property Details for 720 Rusty Anchor Road, Unit 36C

Status
MLS #
MDWO2033394
Days on Market
1
Pet Policy
-
Taxes
$2,689 / year
HOA Fees
-
Condo/Co-op Fees
$320 / month
Property Type
MLS Type
Residential / Condo
Year Built
1980
Tax ID Number
2410097657
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
2
Structure Type
Unit/Flat/Apartment
Style
Unit/Flat
Levels/Stories
1
Furnished
No
Unit Building Type
Garden 1 - 4 Floors
Waterfront
Yes
Views
Bay, Canal
Garage
No
Subdivision
NONE AVAILABLE
Subdivision
NONE AVAILABLE (WORCESTER MD)
Building Name
Rusty Anchor (OCEAN CITY MD)
Municipality
Ocean City
Total Parking Spaces
1
Washer/Dryer/Hook Up in Unit Y/N
Yes
Central Air
No
Basement
No
Above Grade Finished SQFT
624.00
Above Grade Fin SQFT Source
Assessor
Below Grade Finished SQFT
.00
Below Grade Fin SQFT Source
Assessor
Below Grade Unfinished SQFT
.00
Below Grade Unfin SQFT Source
Assessor
Total Below Grade SQFT
.00
Total Below Grade SQFT Source
Assessor
New Construction
No

Recent comparable sales

Median sold price

$280,000

Avg days on market

99

Sale-to-list ratio

92.8%

Ocean City, MD

9 comparable properties found

$280,000 | 2 80th Street, Unit 402, Ocean City, MD 21842
1/33
1

$280,000

Sold 06/10/26

1
Bedrooms
566
Square Feet
Unavailable
Acres
a view of front door
1/21
2

$287,000

Sold 05/22/26

1
Bedrooms
566
Square Feet
Unavailable
Acres
a kitchen with a stove and a refrigerator
1/19
3

$219,900

Sold 09/26/25

1
Bedrooms
565
Square Feet
Unavailable
Acres
$275,000 | 620 Salt Spray Road, Unit 1W, Ocean City, MD 21842
1/28
4

$275,000

Sold 09/23/24

1
Bedrooms
726
Square Feet
Unavailable
Acres
$270,000 | 16 62nd Street, Unit 201, Ocean City, MD 21842
1/27
5

$270,000

Sold 06/24/26

1
Bedrooms
645
Square Feet
Unavailable
Acres
a view of a large building with a roof
1/36
6

$305,000

Sold 04/23/25

1
Bedrooms
566
Square Feet
Unavailable
Acres
$305,000 | 2 80th Street, Unit 504, Ocean City, MD 21842
1/51
7

$305,000

Sold 04/10/26

1
Bedrooms
566
Square Feet
Unavailable
Acres
a view of a building with a street
1/2
8

$285,000

Sold 06/05/26

1
Bedrooms
612
Square Feet
Unavailable
Acres
a view of a building
1/25
9

$259,900

Sold 03/06/26

1
Bedrooms
656
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Keller Williams Realty Delmarva

Sold By Berkshire Hathaway HomeServices PenFed Realty-WOC

Add your commute

Building Information for 720 Rusty Anchor Road, Unit 36C

Building/ComplexRusty AnchorFloor-Stories2Residences-Pet Policy-Pet Policy DetailsDogs OK,Cats OKYear Built1980

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$1,759 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,215

Property Taxes

$224

HOA Dues

$320

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Property Information for 720 Rusty Anchor Road, Unit 36C

Location
Location
  • In City Limits: Yes
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • County: WORCESTER
  • MLS Area: Bayside Waterfront (84)
  • OC Cross Street: 94
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Water Body Type: Canal
  • Water Frontage In Feet: 10.0
Association / Community Info
Association / Community Info
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Reserve Funds
  • HOA Condo Coop Amenities: Pier/Dock
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $239,567
  • Year Assessed: 2025
  • County Tax: $1,624
  • Improvement Assessed Value: $0
  • City Town Tax: $850
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Land Use Code: U
  • Zoning: R-3
  • Tax Lot: 36
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 1
  • # Bathrooms Half Main Level: 1
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 624.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Location Type: Canal
  • Parcel ID: 5405094
Parking
Parking
  • Type Of Parking: Parking Lot
  • Parking Lot - # of Spaces: 1
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Freezer
  • Accessibility Features: None
  • Door Features: Storm
  • Window Features: Insulated, Screens
Exterior Features
Exterior Features
  • Outdoor Living Structures: Balcony, Deck(s)
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)
  • List Agent URL: www.GrantF.com

Property History for 720 Rusty Anchor Road, Unit 36C

DateEvent & SourcePriceAppreciation
Oct 14, 2025

Closed (Public Record)

Public Record #1921222019

$239,000

+4.3% / yr

Oct 14, 2025

Closed

BRIGHT #MDWO2033394

$239,000
Sep 19, 2025

Pending

BRIGHT #MDWO2033394

DateEvent & SourcePrice
10/14/2025

Closed (Public Record)

Public Record #1921222019

$239,000

+4.3% / yr

10/14/2025

Closed

BRIGHT #MDWO2033394

$239,000
09/19/2025

Pending

BRIGHT #MDWO2033394

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 720 Rusty Anchor Road, Unit 36C

Taxable ValueLand$143,500Additions$143,500Total$287,000
Tax Record2025$3,271 ($273 / month)
Home Facts
Beds0Baths1Total Finished SqFt624 SqFtAbove Grade Finished SqFt624 SqFtStyleCondominiumYear Built1980Year Renovated1980ZoningR-3CountyWORCESTERAPN10-097657

Schools near 720 Rusty Anchor Road, Unit 36C

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ocean City Elementary School
PublicPK to 4

Berlin Intermediate School
Public5 to 6

Stephen Decatur Middle School
Public7 to 8

Stephen Decatur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty Delmarva

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/15/2025 12:53 PM