LKV Realty
Logo
$2,179,000
$6,800Reward *
2 48TH STREET 1612 GATEWAY GRAND, OCEAN CITY, MD 21842Listing ID MDWO2035748

2 48TH STREET 1612 GATEWAY GRAND, OCEAN CITY, MD 21842

Contingent
NONE AVAILABLE
Last updated: May 24, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
4
Square Feet
Square Feet
2,323
Days on Site
Days on Site
93
Cooling
Cooling
Central A/C
Heating
Heating
Heat Pump(s)
Year Built
Year Built
2008
Garages
Garages
3
Parking
Parking
ElectricVehicleChargingStations, Handicap Parking, Lighted Parking, Paved Parking, Permit Included, Surface, Unassigned

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.

Property Information

Property Details

Location

Address
2 48TH STREET
City
OCEAN CITY
Zip Code
21842
Subdivision
NONE AVAILABLE
MLS Area
Direct Oceanfront (80)

Interior Features

Beds and Baths

Bedrooms
4
Main Level Bedrooms
4
Full Bathrooms
4

Building

Building Information

Square Feet
2,323
Year Built
2008
Construction
Masonry
Foundation
Pillar/Post/Pier
Roof
Built-Up
Builder Name
Bovis Lendlease

Property Taxes

Tax Annual Amount
$19,223
Tax Year
2025
Keller Williams Realty Delmarva, (410) 524-6400

Market Report for 21842

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Bright MLS
Bright MLS logo

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 it participates, and is provided by BRIGHT through a licensing agreement. 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. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. 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. All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Copyright 2026 Bright MLS, Inc. Data last updated: 18 Aug 2026, 05:35 PM UTC

For corrections to this data please contact Brytecore MLS Support.

3255748 • 3255914