- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes





Street View
$1,985,000
4 Beds
- 4 Baths
4 full baths
2,323sqft
2 48th Street, Ocean City, MD 21842
$1,985,000
Condominium
Built in 2008
$1,354/mo HOA
-- sqft lot
$854/sq.ft
Description
Penthouse-like living meets one of the most commanding vantage points in Ocean City. Positioned on the northeast corner of the 16th floor at the Gateway Grand, Residence 1612 offers a rare combination of elevation, scale, and unobstructed sight-lines stretching from the Atlantic Ocean to the Assawoman Bay, across North Ocean City, and toward the Route 90 bridge. This may just be one of the most impressive residences in the entire building.
This direct oceanfront end unit features a one-of-a-kind floorplan and is among the largest in the building, offering 2,000+ square feet with four bedrooms and four full baths. Countless windows and sliders capture sunrise over the ocean and sunset over the bay, with the living area, primary suite, and a guest bedroom all enjoying panoramic views that elevate the entire living experience.
The primary suite delivers captivating ocean and bay vistas and is complemented by an all marble bath with a walk in shower and soaking tub. The residences layout balances openness with privacy, ideal for hosting family and guests while maintaining a refined, comfortable flow throughout. This home is offered unfurnished, providing a blank canvas for a new owner to personalize without constraint.
The kitchen is equipped with gourmet appliances and designed to support both everyday living and entertaining, while remaining connected to the dramatic coastal backdrop with the views that define this home.
Gateway Grand is widely recognized as one of Ocean City’s premier luxury condominium buildings, offering an unparalleled ownership experience. Amenities include heated indoor and outdoor pools, a fitness center, gated parking garage, deeded storage lockers, owners lounge, grand lobby, on site building management, and security. The property conveys with three parking passes, a notable advantage for a four bedroom residence. Owners are permitted to have pets, while guests and renters are not.
The midtown location provides exceptional access to local dining, entertainment, and everyday conveniences, while remaining comfortably removed from downtown congestion. Proximity to the Route 90 bridge allows for seamless arrival and departure, and the Boardwalk is easily accessible without the intensity of a downtown address.
While this residence has never been rented and has been enjoyed as a primary home, the Gateway Grand has a long established history of demand for luxury rentals, offering future flexibility for a new owner. The home is offered as the seller relocates closer to family, presenting a rare opportunity to secure a one-of-a-kind oceanfront residence with scale, privacy, and views that are increasingly difficult to replicate.
*Property is owner occupied. Please provide advanced notice for showings.
- Houzeo last checked: 7 minutes ago
- Listing updated: October 13, 2026 at 5:41 pm
- Listing Provided by: Grant K Fritschle (410) 430-5880 , Jonathan M Barker (410) 935-3810 | Keller Williams Realty Delmarva (410) 524-6400
- Bought with: Unrepresented (844) 552-7444 | Unrepresented (844) 552-7444
- Source: Bright MLS-NJ | MLS#: MDWO2035748

Property Details
Status
Closed
Type
Condominium
No. of Stories
-
County
City
Neighborhood
--
Year Built
2008
HOA Fees
$1354/mo
Finished Area
2,323 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
MDWO2035748
MLS Status
CLOSED-BRIGHT

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
HOA Management
Gateway Grand
HOA Fees
$1,354/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Water
Insurance
Common Area
Club House
Snow Removal
Pool
Elevator
Ext Bldg Maint
Gym
Security Guard
Health Club
Trash Pickup
Reserve Funds
Game Room
Meeting Room
Management
Common Area Maintenance
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Appliances
Built In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/range Electric, Washer
Exterior Features
Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
Sewer
Public Sewer
Cooling
Central A/c
Heating
Heat Pump(s)
Window Features
Insulated, Screens
Flooring
Carpet, Ceramic Tile, Luxury Vinyl Plank
Interior Features
Ceiling Fan(s), Combination Dining/living, Combination Kitchen/dining, Combination Kitchen/living, Entry Level Bedroom, Floor Plan Open, Sprinkler System, Walk In Closet(s), Crown Moldings, Carpet, Dining Area, Kitchen Island, Window Treatments
Construction
Year Built
Year Built: 2008
Home type
Condominium
Roof
Built Up
Foundation Details
Pillar/post/pier
Architectural Style
Unit/flat
Construction Materials
Masonry
Utilities & Energy
Electric
Circuit Breakers
Utilities
Cable Tv, Electric Available
Security Features
Sprinkler System Indoor
Association Amenities
Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool Indoor, Pool Outdoor, Security, Swimming Pool
Water Source
Public
Parking Features
Electric Vehicle Charging Stations, Handicap Parking, Lighted Parking, Paved Parking, Permit Included, Surface, Unassigned
Other Features
Patio And Porch Features
Balcony
Subdivision Name
None Available
Price History
| Date | Event | Price |
|---|---|---|
10/13/2026 Source: | Sold | $1,985,000 -8.90% $854/sqft |
10/13/2026 Source: | Price Increased | $2,179,000 +8.95% $938/sqft |
07/06/2026 Source: | Price Decreased | $2,000,000 -8.21% $861/sqft |
02/13/2026 Source: | Listed for Sale | $2,179,000 +73.63% $938/sqft |
04/05/2023 Source: | Price Increased | $1,255,000 +9.13% $540/sqft |
Show more
Nearby Homes
Find Homes by Property Features in Ocean City, MD
Nearby New Homes For Sale
Based on information from Bright MLS through Nov 04, 2026, 08:30PM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
Advertising Broker: Joe Hawkins | Hawkins Real Estate Services









