Last Sold Price
1 bed624 sqft$421/sqft
720 Rusty Anchor Rd, Unit 41C, Ocean City, MD 21842

Description

Welcome to this beautifully updated 1-bedroom, 1-bathroom two-story condo in the highly sought-after community of Rusty Anchor, located directly on the Bay in Ocean City, MD. Whether you’re looking for your perfect vacation getaway or a cozy year-round home, this coastal retreat is the ideal place to unwind and enjoy all that this vibrant area has to offer. Step inside to find a bright and airy open living space with stunning views of the water from every angle. The spacious living room boasts a...Welcome to this beautifully updated 1-bedroom, 1-bathroom two-story condo in the highly sought-after community of Rusty Anchor, located directly on the Bay in Ocean City, MD. Whether you’re looking for your perfect vacation getaway or a cozy year-round home, this coastal retreat is the ideal place to unwind and enjoy all that this vibrant area has to offer. Step inside to find a bright and airy open living space with stunning views of the water from every angle. The spacious living room boasts a cozy fireplace, perfect for chilly evenings, and a large sliding glass door leading to your private back deck. Picture yourself sipping your morning coffee or enjoying an evening cocktail while soaking in the breathtaking bay views. The deck is an inviting space to relax, with easy access to the community dock, where you’ll find room for your boat or jet ski, ideal for taking full advantage of the water right outside your door. The kitchen is simple yet functional, featuring bright white cabinetry, upgraded countertops, and stylish black knobs and fixtures. Whether you’re preparing a meal or just making a snack, this kitchen is ready to handle all your daily needs. For added convenience, there’s a stacked washer and dryer right in the unit, making laundry day a breeze. Upstairs, you’ll find the cozy bedroom, featuring a queen-sized bed and large windows outfitted with elegant plantation shutters, offering serene water views to wake up to every day. For extra versatility, this home includes a bonus bunk space with two twin beds and a wall-mounted TV, perfect for guests or as a quiet retreat for reading or relaxing. The second private deck upstairs has been fully replaced, offering even more space to enjoy the spectacular views and warm, coastal breezes. With ample parking spots available in the lot and its prime location in Ocean City, this home is perfect for those looking for both comfort and convenience. Just minutes away from shops, restaurants, and all that Ocean City has to offer, this property truly captures the essence of coastal living. Ready for the 2025 season and beyond, this beautiful Bayfront condo is calling your name. Schedule your showing today and start imagining yourself living the ultimate coastal lifestyle in Rusty Anchor!
LISTING CLOSED: 12/12/2025 12:00 AM

Listing Agent

  1. Anna Spann

    Anna Spann

    Listing Agent

    Coldwell Banker Realty

    P: (443) 783-2687

Property Details for 720 Rusty Anchor Road, Unit 41C

Status
MLS #
MDWO2029804
Days on Market
186
Pet Policy
-
Taxes
$2,689 / year
HOA Fees
-
Condo/Co-op Fees
$319 / month
Property Type
MLS Type
Residential / Condo
Year Built
1980
Tax ID Number
2410100429
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Structure Type
Interior Row/Townhouse
Style
Coastal
Levels/Stories
2
Furnished
No
Waterfront
Yes
Waterfront Features
Shared
Garage
No
Expected On Market Date
04-04-2025
Subdivision
NONE AVAILABLE
Subdivision
NONE AVAILABLE (WORCESTER MD)
Building Name
Rusty Anchor (OCEAN CITY MD)
Municipality
Ocean City
Central Air
Yes
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
Building Winterized Y/N
No
Property Condition
Excellent

Recent comparable sales

Median sold price

$270,000

Avg days on market

102

Sale-to-list ratio

93.6%

Ocean City, MD

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Location

Add your commute

Building Information for 720 Rusty Anchor Road, Unit 41C

Building/ComplexRusty AnchorFloor-Stories2Residences-Pet Policy-Pet Policy DetailsDogs OK,Cats OKYear Built1980Building Size-

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OriginPoint Mortgage or Rocket Mortgage1

$1,880 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,337

Property Taxes

$224

HOA Dues

$319

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Property Information for 720 Rusty Anchor Road, Unit 41C

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: No
  • Water Access: Yes
  • Water Access Features: Boat - Powered, Canoe/Kayak, Waterski/Wakeboard
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Water Body Type: Bay
  • Water Frontage In Feet: 5.0
Association / Community Info
Association / Community Info
  • HOA Condo Coop Fee Includes: Common Area Maintenance
  • HOA Condo Coop Amenities: Boat Dock/Slip
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $192,133
  • Year Assessed: 2024
  • 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: 41
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Case by Case Basis
Rooms
Main
  • # Bedrooms Count Main Level: 0
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
  • # Bathrooms Half Main Level: 0
All Upper Levels
  • # Bedrooms Count All Upper Levels: 1
Upper Level 1
  • # Bedrooms Count Upper Level: 1
Rooms
  • Stories: Main, Upper 1
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
  • Parcel ID: 5405326
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Lot
Interior Features
Interior Features
  • Interior Features: Bathroom - Jetted Tub, Ceiling Fan(s), Combination Kitchen/Living, Primary Bedroom - Bay Front, Upgraded Countertops
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Accessibility Features: None
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
Exterior Features
Exterior Features
  • Outdoor Living Structures: Deck(s)
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 720 Rusty Anchor Road, Unit 41C

DateEvent & SourcePriceAppreciation
Dec 12, 2025

Closed (Public Record)

Public Record #1925326425

$263,000

-14.9% / yr

Dec 12, 2025

Closed

BRIGHT #MDWO2029804

$263,000
Oct 6, 2025

Pending

BRIGHT #MDWO2029804

DateEvent & SourcePrice
12/12/2025

Closed (Public Record)

Public Record #1925326425

$263,000

-14.9% / yr

12/12/2025

Closed

BRIGHT #MDWO2029804

$263,000
10/06/2025

Pending

BRIGHT #MDWO2029804

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 41C

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-3CountyWORCESTERAPN10-100429

Schools near 720 Rusty Anchor Road, Unit 41C

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 Coldwell Banker Realty

© 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 12/13/2025 12:04 AM