2 48Th Street #1612 Gateway Grand, Ocean City, MD 21842-6495 $2,290,000

Interior Sq. Ft: 2,323
Acreage:
Age:17 years
Style:
Unit/Flat
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment
Description
Perched high above the coastline on the north oceanfront corner of The Gateway Grand, Residence 1612 offers a truly one-of-a-kind experience. This 4-bedroom, 4-bathroom luxury condominium is one of only two residences in the entire building featuring this unique layout — including the coveted fourth full bathroom, providing added privacy and convenience for family and guests. What sets this home apart is its commanding position on the 16th floor, where walls of glass showcase sweeping, unobstructed views of the Atlantic Ocean, the Assawoman Bay, and the full northern expanse of Ocean City. Whether you're watching the sunrise over the ocean or taking in the glow of sunset across the bay, the panoramic vistas are unmatched. Meticulously maintained and thoughtfully updated, this beach retreat exudes coastal elegance. From the spacious open-concept living area to the high-end finishes and designer details throughout, every inch has been crafted with comfort and style in mind. The gourmet kitchen features stainless steel appliances, granite countertops, and a large center island — perfect for entertaining. Each bedroom is generously sized, and the primary suite offers its own slice of luxury with a spa-like bath and private balcony access. As a homeowner in The Gateway Grand, you’ll enjoy resort-style amenities including an indoor pool, outdoor pool, fitness center, private owners’ lounges, kids' club room, and on-site property management. The building is constructed to the highest standards, including hurricane-rated windows and doors, and is one of the few buildings in Ocean City with year-round security and controlled access. Located in the heart of midtown Ocean City (48th Street), you're just steps from the beach and minutes from local favorites like Seacrets, Fager’s Island, Macky’s, and some of the best dining and entertainment the area has to offer. It’s a perfect blend of luxury, location, and lifestyle. Whether you're looking for a high-end family getaway, a savvy investment, or both — Residence 1612 delivers an extraordinary coastal living experience at one of the most desirable addresses in Ocean City. While this residence is being sold without the existing furniture, as the result of being the current owners primary residence, a complete set of coastal-themed furniture is available to be included with this sale (inquire with listing agent for more details and photos of this replacement set).
Home Assoc: No
Condo Assoc: $1,354/Monthly
Basement: N
Pool: Yes - Community
Features
Water
Water Oriented: Yes; Water Front: Yes; Water Access: Yes; Water Body Name: Atlantic; Water Body Type: Ocean; Waterfront: Sandy Beach; Types of Use: Public Beach, Swimming Allowed; Navigable: No;
Utilities
Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, Circuit Breakers, Dryer In Unit, Washer In Unit, Cable TV, Electric Available
Garage/Parking
Off Street, Parking Garage, Parking Lot, Covered Parking, Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Parking
Interior
Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Carpet Flooring, Ceramic Tile Flooring, Luxury Vinyl Plank Flooring, 9'+ Ceilings, Dry Wall, Insulated Windows, Window Screens, Insulated Doors, Sliding Glass Doors, Sprinkler System - Indoor
Exterior
Pillar/Post/Pier Foundation, Built-Up Roof, Masonry, Balcony, Exterior Lighting, Outside Shower, Sidewalks, Underground Lawn Sprinkler, Heated Pool, Indoor Pool, In Ground Pool, Concrete Pool
Lot
Oceanfront, Bay View, City View, Ocean View, , Panoramic View
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (1 schools)
School | District | Grades | Place | Distance |
---|---|---|---|---|
Ocean City Elementary | Worcester County Public Schools | Preschool–4 | Ocean City | 2.82 mi |
Private (1 schools)
School | Grades | Place | Distance | |
---|---|---|---|---|
Seaside Christian Academy | Christian (no specific denomination) | Preschool–12 | Ocean City | 3.14 mi |
© 2025 LiveBy. All Rights Reserved.
This report is a detailed community overview for Ocean City (21842), Maryland.
Community Quick Facts
- Average travel time to work for people in this community: 21
- Average salary of people in this community: $46,876
Community Summary
- Population Density (ppl / mile): 683
- Household Size (ppl): 2.04
- Households w/ Children: 22%
Housing Inventory
- Owned: 3,625 (11.1%)
- Rented: 1,559 (4.8%)
- Vacant: 27,482 (84.1%)
- Total: 32,666
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 2.8%
- Some High School: 5.5%
- High School Graduate: 28.9%
- Some College: 22.0%
- Associate Degree: 8.5%
- Bachelor's Degree: 21.3%
- Graduate Degree: 10.9%
Income by dollar range
Median Income: $55,064
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $713
- One Bedroom: $830
- Two Bedroom: $1,105
- Three Bedroom: $1,412
- Four Bedroom: $3,501
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-593-4355
Listing Courtesy of: Keller Williams Realty Delmarva , (410) 524-6400, lwbunting@comcast.net
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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 7/12/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.