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2 48th Street, Unit 1612 GATEW, Ocean City, MD 21842

$2,179,000
  • 2 48th Street, Unit 1612 GATEW, Ocean City, MD 21842 Main Photo

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Contingent
BEDS4 BATHS4 full SQUARE FEET2,323 MLS#MDWO2035748
STATUSACTIVE UNDER CONTRACT PROPERTY TYPEResidential - Condominium SCHOOLWORCESTER COUNTY PUBLIC SCHOOLS

Property 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.

2 48th Street, Unit 1612 GATEW | MLS# MDWO2035748

This condo located at 2 48th Street, Unit 1612 GATEW, Ocean City, MD 21842 is currently listed for sale with an asking price of $2,179,000. This property was built in 2008 and has 4 bedrooms and 4 full baths with 2323 sq. ft. 48th Street, Unit 1612 GATEW is located within the WORCESTER COUNTY PUBLIC SCHOOLS school district. Search Ocean City real estate on www.knouseteam.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central A/C
Fuel Type: Electric
Garage: 3
Heating: Heat Pump(s)
Home Style: Unit/Flat
Roof Type: Built-Up
Stories: 1.0
Taxes: $19,223
Year Built: 2008

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Electric, Washer
Building Name: Gateway Grand
Community Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Security, Swimming Pool
Condo/Coop Fee: $1354.00/Monthly
Electric: Circuit Breakers
Exterior: Masonry
Exterior: Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
Interior: 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
Lake Name: Atlantic
Location: Oceanfront
Municipality: Ocean City
Parking Features: Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Parking, Permit Included, Surface, Unassigned
Parking Notes: 3 Total Parking Spaces
Pet Restrictions: Cats OK, Dogs OK
Sewer: Public Sewer
Special View Info: City, Bay, Ocean
SQFT Above Finished: 2323
SQFT Total Finished: 2323
Structure Type: Unit/Flat/Apartment
Total Garage/Parking Spaces: 3
Utilities: Cable TV, Electric Available
Water: Public
Water Access: Public Beach, Swimming Allowed
Waterfront: Sandy Beach
Windows: Insulated, Screens

Local Schools

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Delmarva
Agency Phone: 4105246400

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Estimated Payment

$ 7,086.97 per month $4,849.51 Principal & Interest $1,601.92 Property Tax $635.54 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 06/02/2026. The listing information on this page last changed on 06/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/02/2026 12:46:06 AM EST) or Bright MLS (last updated Tue 06/02/2026 12:38:15 AM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Homesale Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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