2 48th St #706 Gateway Grand, Ocean City, MD 21842
Local realty services provided by:ERA Martin Associates
2 48th St #706 Gateway Grand,Ocean City, MD 21842
$2,000,000
- 4 Beds
- 3 Baths
- 2,061 sq. ft.
- Condominium
- Active
Listed by: grant k fritschle, jonathan m barker
Office: keller williams realty delmarva
MLS#:MDWO2039504
Source:BRIGHTMLS
Price summary
- Price:$2,000,000
- Price per sq. ft.:$970.4
About this home
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?...
Contact an agent
Home facts
- Year built:2008
- Listing ID #:MDWO2039504
- Added:2 day(s) ago
- Updated:July 06, 2026 at 10:33 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Tile/Brick
- Dining Description:Combination Dining/Living, Combination Kitchen/Dining, Dining Area
- Bathrooms Description:Primary Bath(s), WhirlPool/HotTub
- Kitchen Description:Built-In Microwave, Carpet, Crown Moldings, Dishwasher, Freezer, Oven/Range - Electric, Refrigerator
- Bedroom Description:Carpet, Entry Level Bedroom, Primary Bedroom - Ocean Front, Walk In Closet(s)
- Living area:2,061 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Heat Pump(s)
Structure and exterior
- Roof:Flat
- Year built:2008
- Building area:2,061 sq. ft.
- Construction Materials:Concrete, Metal Siding
- Exterior Features:Balcony, Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,000,000
- Price per sq. ft.:$970.4
- Tax amount:$18,817 (2025)
Features and amenities
- Laundry features:Dryer, Dryer In Unit, Washer, Washer In Unit
- Amenities:Carpet, Ceiling Fan(s), Crown Moldings, Insulated Windows, Primary Bedroom - Ocean Front, Sprinkler System, Window Treatments
Parking
- Parking description:Attached Garage, Covered Parking, Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Parking Lot, Paved Parking, Secure Parking, Unassigned
- Garage:Yes
- Garage spaces:2
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