$824,900

702 Loop Rd Ocean City, MD 21842

$9,796
Closing credit¹
4 beds
3 full, 1 partial
2,600 sqft
0.10 acres
$317 / sqft
House

Property details

About 702 Loop Rd

Experience Coastal Living at Its Finest. Discover the perfect blend of coastal charm, comfort, and convenience in this meticulously maintained, single-owner home in the heart of Ocean City, less than a mile from the beach. Offering 2,600 square feet of thoughtfully designed living space, this spacious residence features four bedrooms and three and a half bathrooms—ideal for families or those who love to entertain. Lovingly cared for by one owner since the home was built, and never used as a rental, this vacation home has been kept in pristine condition, maintaining its original charm and beach house character. The primary suite offers a peaceful retreat, while three additional bedrooms provide plenty of space for family and guests. A screened-in porch invites you to relax and enjoy the coastal breeze, and a two-car garage offers ample storage for beach gear and more. Nestled in a vibrant, friendly neighborhood surrounded by scenic inlets, this home is just steps from the serene Fiesta Park—perfect for morning strolls or evening bike rides. Despite its tranquil setting, the location provides easy access to all the essentials; just minutes from local favorites like Uber Bagels, Quiet Storm Surf Shop, and The Crab Bag. Whether you’re seeking a permanent residence or a seasonal getaway, this property offers the best of both worlds—peaceful coastal living with effortless access to Ocean City and Fenwick Island’s renowned beaches, restaurants, and entertainment. Don’t miss this rare opportunity to make your dream of beach town living a reality

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,600 sqft
Lot size0.1 Acres
Year built2005
ParkingGarage - Front Entry,Built In, Attached Garage,Driveway,On Street
MLS #MDWO2028606
Garage2 spaces

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Basement: No
  • Interior: Upgraded Countertops
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Parking: Garage - Front Entry,Built In, Attached Garage,Driveway,On Street
  • Architectural Style: Contemporary
  • Heating: Heat Pump
  • Cooling: Central Air
  • List Price: $824,900
  • Price/SqFt: $317
  • Annual Tax Amount: $6,093
  • Tax Year: 2024
  • Directions: 141st street bayside Left turn on Sea Captain Right turn on Loop. First house on the right
  • Year Built: 2005
  • Stories: 2
  • Living Area: 2,600 SqFt
  • Municipality: Ocean City
  • Lot Size: 0.1 Acres
  • MLS Number: MDWO2028606
  • MLS Name: BRIGHT
  • Office Name: O'Conor, Mooney & Fitzgerald
  • Office Phone: (410) 449-4900
  • Office Email: info@oconorandmooney.com
  • Listing Agent: Nicholas A Elko
  • Agent Phone: (443) 253-4304
  • Agent Email: nelko@oconorhomes.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/30/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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702 Loop Rd, Ocean City, MD 21842 - view of front facade with a balcony

$824,900

702 Loop Rd

$9,796

closing credit¹

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Price information

Property sales

DateEventPrice
Apr 07, 2004
Home Sold
$169,000

Tax history

YearAssessmentProperty Tax
2024$511,367$6,093
2023$432,300$6,093
2022$426,733$5,951
2021$421,167$5,951
2020$415,600$5,872
2019$398,100$5,663
2018$380,600$5,376
2017$363,100$5,129

History based on county public records data.

Nearby schools

8

Lord Baltimore Elementary School

Public District KG-5

7.1 mi

120 Atlantic Ave

10

Ocean City Elementary School

Public District PK-4

7.3 mi

12828 Center Dr

9

Showell Elementary School

Public District PK-3

8.0 mi

11318 Showell School Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,545. Typical income of Ocean City, MD residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

39%
<35k
42%
35k-100k
17%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

55%
Single, No Kids
3%
Single, with Kids
35%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
3%
12-17 yrs old
15%
18-34 yrs old
45%
35-64 yrs old
31%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • ArbysArbys
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • GMCGMC

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult StandardsAdult Standards
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Ocean City, MD

Transportation in Ocean City is well-suited to the needs of both residents and tourists. The town features a public bus service that runs along the Coastal Highway, providing convenient access to various points of interest. The area is also bike-friendly, with several bike paths and lanes available for those who prefer to cycle. For drivers, the city is easily navigable with well-maintained roads and highways connecting to nearby cities and attractions. While specific ride-sharing statistics are not mentioned, such services are commonly used by visitors and locals alike.

The community is served by a range of essential services, including public schools that cater to residents and the seasonal influx of families. Healthcare is accessible through local clinics and urgent care centers, ensuring medical needs are met promptly. Ocean City also boasts a variety of retail shops and dining options, from casual eateries to fine dining, many of which showcase the local seafood cuisine. The town is proactive in maintaining and enhancing its services to accommodate both its permanent population and seasonal visitors.

Ocean City is celebrated for its vibrant boardwalk, pristine beaches, and family-friendly atmosphere. The community prides itself on being a premier resort town, with numerous events throughout the year, including the famous Ocean City Air Show and the Sunfest music and arts festival. The town's character is shaped by its coastal environment, offering a relaxed lifestyle with a focus on outdoor recreation and water-based activities.

Ocean City's housing market is diverse, offering a mix of residential options that cater to a range of preferences. The area is known for its beachfront condominiums, which make up a significant portion of the housing stock, providing residents with scenic views and easy access to the beach. Single-family homes are also available, featuring styles from classic beach cottages to contemporary designs. The market is characterized by a mix of both year-round and seasonal properties, reflecting the city's popularity as a vacation destination.

About 702 Loop Rd

The listing price of 702 Loop Rd property is $824,900.

The property 702 Loop Rd is a house located in Ocean City, Maryland, 21842.

Active Listing: 702 Loop Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 702 Loop Rd are: Lord Baltimore Elementary School (GreatSchools Rating 8/10), Ocean City Elementary School (GreatSchools Rating 10/10), Showell Elementary School (GreatSchools Rating 9/10), Selbyville Middle School (GreatSchools Rating 5/10), Southern Delaware School of the Arts (GreatSchools Rating 8/10), Stephen Decatur Middle School (GreatSchools Rating 10/10), Stephen Decatur High School (GreatSchools Rating 5/10), Indian River High School (GreatSchools Rating 5/10), Sussex Central High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $6,093 (source: MLS/based on county public records data).

The last sale was on April 7, 2004 for $169,000 (source: MLS/tax record).

The property at 702 Loop Rd has 4 bedrooms and 3 full and 1 half bathrooms.

The property 702 Loop Rd is 2,600 SqFt (source: MLS/tax record).

The year of construction for 702 Loop Rd is 2005.

This home is located at 702 Loop Rd in Ocean City, MD and zip code 21842. This 2,600 square foot home, which was built in 2005, sits on a 0.10 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $824,900.

The inventory of homes for sale in Ocean City, MD between March and April 2025 increased by 30.2%. In April 2025, listings were on the market for 100 days. During the same period, the median list price in this real estate market was $468,160.

From Rocket Homes Real Estate and based on county public records data.

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