Under Contract

MLS: #MDWO2039504, Listed By: Grant Fritschle, Keller Williams Realty Delmarva, Source:Bright MLS

2 48th Street #706 GATEWAY GRAND

OCEAN CITY, MD 21842
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$2,000,000 $8,432/Mo
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Bed 4

Bed

Bath 3

Bath

SqFt2,218

Sqft

After selling more than 350 residences in The Gateway Grand over the past two decades, one thing has become remarkably clear. When buyers ask us which location we'd choose if every residence in the building were available... This is the location....This is the floorplan.....And this is the height. ---- Gateway Grand #706 is an exceptionally rare 4-bedroom, 3-bath direct oceanfront corner residence that combines everything buyers consistently tell us they're looking for, yet rarely find together. Both direct-oceanfront and Southern end-unit exposure. A premium mid-floor location. Panoramic ocean, bay, skyline, and Assateague Island views. An expansive wraparound oceanfront balcony, plus a second private balcony from the primary suite. Four true bedrooms. End-unit windows and sliding glass that flood the residence with natural light. In a building of nearly 200 luxury residences, this one stands out from the rest, for all those reasons. And here's why: Most oceanfront condos make you compromise. They're Too high. Too low. Not enough windows. Smaller balconies. Limited bay views. Fewer bedrooms. This one gives you a chance to not have to compromise anything. Step inside and you'll immediately appreciate how exceptionally well cared for this home has been. Lovingly enjoyed as a private second home and never rented, it's being offered beautifully designer furnished, completely move-in ready, and prepared for its next owners to begin making memories from day one. Then there's The Gateway Grand Building, Amenities & Association! Simply put, it represents the benchmark by which many luxury condominiums in Ocean City continue to be measured. Owners enjoy indoor and outdoor heated pools, a state-of-the-art fitness center, owner's lounge, children's activity room, gated parking, secure lobby, private beach lockers, multiple beach access points, and outstanding professional management. The building's reputation for financial stability, exceptional leadership, and long-term ownership confidence continues to make it one of the most respected addresses on the East Coast. One feature many buyers don't fully appreciate until they own here is Gateway Grand's innovative two-pipe water-source HVAC system. It's remarkably efficient, eliminates the need for individual water heaters inside each residence, and provides an endless supply of hot and cold water through the building's central systems, reducing maintenance while improving everyday ownership. And the location continues the story. Situated in one of Ocean City's most desirable stretches of coastline, you're just minutes from outstanding restaurants, coffee shops, shopping, Northside Park, the Delaware beaches, Route 54, and everything that makes this part of Ocean City so desirable, while still enjoying a quieter atmosphere than many of the resort's busier sections. The deeded storage locker (#77) and three parking passes only add to the convenience. Some buyers search for an oceanfront condo. The fortunate few find the one they've been hoping would come on the market. Gateway Grand #706 is exactly that. The ONLY question, is will you react quickly enough?

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Detail Ic Property Details

Property Type : Residential

Price : $2,000,000

AD Id : 87581273

MLS Id : MDWO2039504

Beds : 4

Living Area Size : 2,218

Year Built : 2008

Garage : 2

County : WORCESTER

Subdivision: None Available

  • Map Map

Map

Map What's Nearby

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

  • Flooring Information

    Carpet

  • Roofing Information

    Flat

  • Interior Features

    Walk-In Closet(s), Ceiling Fan(s), Crown Molding, Open Floorplan, Soaking Tub Roof: Flat Appliances: Electric Range, Electric Oven, Electric Water Heater, Washer, Dishwasher, Dryer, Freezer, Refrigerator, Microwave Laundry Features: Washer Hookup Window Features: Window Coverings, Insulated Windows, Screens, Window Treatments

  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s), Electric

  • Building Information

    Year Built: 2008 Building Area Total: 2218 Construction Materials: Concrete, Metal Siding Pool Features: Community Private Pool: No

  • Exterior Features

    Exterior Features: Balcony, Lighting

  • Lot Information

    Lot Dimensions: 0.00 x 0.00

    Property Information

    Subdivision: NONE AVAILABLE Source Property Type: Residential Postal Code Plus 4: 6495 Zoning Description: RESIDENTIAL CONDOMINIUM Property SubType: Condominium Levels: One Property Age: 18

  • Listing Price Information

    Listing Price: $2000000

  • Tax Information

    Parcel Number: 2410764114 Tax Lot: 706 Tax Year: 2025 Annual Tax: $18817

  • Parking Information

    Parking Total: 2 Electric Vehicle Charging Station(s), Unassigned, Lighted, Paved, Secured, Garage, Parking Lot, Covered, Attached

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2 Pets Allowed: Cats OK, Dogs OK, Number Limit, Yes
    Homeowners Association Information
    Included Fees: Insurance, Water, Maintenance Structure Association Amenities: Fitness Center, Game Room, Meeting Room, Party Room, Elevator(s) Community Features: Pool, Sidewalks

  • Location Information

    Direction: Coastal Hwy South, Left on 48th Street, Building oceanfront on Left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
105 Edward Taylor Drive.., Ocean City, MD, 21842 $2,500 2 2 864 864 SqFt
105 Edward Taylor Drive.., Ocean City, MD, 21842 $3,000 2 2 864 864 SqFt
105 Edward Taylor Drive.., Ocean City, MD, 21842 $1,000 2 2 864 864 SqFt
12401 Wight Street #8, Ocean City, MD, 21842 $425,000 2 1 640 640 SqFt
9900 Coastal Highway #4.., Ocean City, MD, 21842 $430,900 2 2 1,116 1,116 SqFt
9500 Coastal Highway #10F, Ocean City, MD, 21842 $440,000 1 2 730 730 SqFt
10900 Coastal Highway #.., Ocean City, MD, 21842 $299,900 -- 1 453 453 SqFt
10900 Coastal Highway #.., Ocean City, MD, 21842 $519,000 2 2 825 825 SqFt
10300 Coastal Highway #.., Ocean City, MD, 21842 $595,000 2 2 1,211 1,211 SqFt
11 91st Street #202, Ocean City, MD, 21842 $295,000 1 1 608 608 SqFt

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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 ByOwner 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 closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 07/11/2026 @ 00:22

MLS: MDWO2039504 LISTED BY: Grant Fritschle, Keller Williams Realty Delmarva 410-524-6400 SOURCE: Bright MLS

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