Sold
Condominium at 2 48th Street, Ocean City, MD 21842 | MLS# MDWO2035748 |  | Sold on 2026-10-12
Photo 1 of Condominium at 2 48th Street, Ocean City, MD 21842 | MLS# MDWO2035748 |  | Sold on 2026-10-12
Photo 2 of Condominium at 2 48th Street, Ocean City, MD 21842 | MLS# MDWO2035748 |  | Sold on 2026-10-12
Photo 3 of Condominium at 2 48th Street, Ocean City, MD 21842 | MLS# MDWO2035748 |  | Sold on 2026-10-12
Photo 4 of Condominium at 2 48th Street, Ocean City, MD 21842 | MLS# MDWO2035748 |  | Sold on 2026-10-12
86+
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Street View

$1,985,000

  • Beds Icon4 Beds
  • Beds Icon
    4 Baths
  • Beds Icon2,323sqft

2 48th Street, Ocean City, MD 21842

  • 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 th
e 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 Bright MLS-NJ

Property Details

  • Status

    Closed

  • Type

    Condominium

  • No. of Stories

    -

  • County

    Worcester Md County

  • City

    Ocean 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

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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 Water

Insurance Insurance

Common Area Common Area

Club House Club House

Snow Removal Snow Removal

Pool Pool

Elevator Elevator

Ext Bldg Maint Ext Bldg Maint

Gym Gym

Security Guard Security Guard

Health Club Health Club

Trash Pickup Trash Pickup

Reserve Funds Reserve Funds

Game Room Game Room

Meeting Room Meeting Room

Management Management

Common Area Maintenance 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

DateEventPrice

10/13/2026

Source: mls_logoBright MLS-NJ #MDWO2035748

Sold

$1,985,000 -8.90%

$854/sqft

10/13/2026

Source: mls_logoBright MLS-NJ #MDWO2035748

Price Increased

$2,179,000 +8.95%

$938/sqft

07/06/2026

Source: mls_logoBright MLS-NJ #MDWO2039504

Price Decreased

$2,000,000 -8.21%

$861/sqft

02/13/2026

Source: mls_logoBright MLS-NJ #MDWO2035748

Listed for Sale

$2,179,000 +73.63%

$938/sqft

04/05/2023

Source: mls_logoBright MLS-NJ #MDWO2012218

Price Increased

$1,255,000 +9.13%

$540/sqft

Show more

Nearby Homes

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

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