Click here to call 201-874-1287 8601 CHESAPEAKE DRIVE | MLS #MDWO2038148 | RE/MAX of New Jersey
 
  • 63 days on site
  • 8 views

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 $2,700,000 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.

Source: BRIGHT MLS, MLS#: MDWO2038148

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential
  • Lot
    0.18 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Lisa Peluso

Create a profile so you can receive updates on this property as soon as they happen!

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 8601 CHESAPEAKE DRIVE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/27/2026Source: BRIGHT MLS Added to Database
April 27, 2026
Listing provided courtesy of Keller Williams Realty Delmarva- MLS# MDWO2038148MLS ProviderContact Information: [email protected] - 4105246400