Luxury is defined differently based on region, but 5 core elements stand at the base.
Price, location, quality, amenities, and provenance make each property unique and set them apart from other properties.
- Price
Typically, the luxury price point is $1 million and above. Ocean City beach houses can range in price from $1,199,000 to $3,499,999. Price per square foot ranges from $434 to $740.
- Prime Location
Ocean City luxury properties boast Oceanfront views, private Bayfront beaches or sweeping views of the Shore ranging from Midtown to North OC.
- Premier Quality
The construction materials, finishes, appliances, and design all must be a cut above what’s considered standard. Marble, hardwood, Venetian plaster, crystal, and Viking appliances have all become common components of luxury homes.
- Luxe Amenities
Luxury homes range from single family homes to penthouses, but all provide a unique, special quality. From coded elevators that open to your formal foyer to private beaches to decadent outdoor showers, these homes incorporate the most exquisite amenities.
- Provenance
This will surprise you. Luxury home buyers are not necessarily looking for flashy mansions, but they do consider it an ultimate asset for their dwelling to have some sort of story, or history if you will. Whether the home was built by a prominent architect or situated in a noteworthy location, the value goes up if it’s not just another tract home.
Ultimately, however, the definition of “luxury home” is in the eye of the beholder.
As a certified luxury collection specialist with Berkshire Hathaway Home Services I offer full one-of-a-kind concierge real estate services tailored to meet each client’s individual needs. Through all stages of buying your luxury property and beyond, I am dedicated to bringing you the best of Ocean City and the surrounding areas. I provide all-inclusive concierge services, assisting you with all your needs.
I am steadfastly available to ensure your happiness and satisfaction. To learn more about luxury properties in Ocean City, please visit https://bit.ly/MillionDollarListingsOCMD.
Contact Mechelle Nichols, Luxury Collection Specialist, at 410.430.1575 (cell) or mnichols@LuxuryShoreLiving.com.
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