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Ocean City 21842
2 48TH ST #703GATEWAYGRAND
$1,149,000
↓ $30K (2.5%)
Condo - For Sale

2 48TH ST #703GATEWAYGRAND

OCEAN CITY, MD 21842
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1790 Sqft
$5,642
Estimated Monthly
$0
HOA / Fees

About This Property

The Gateway Grand #703 - A Luxurious Oceanfront Residence

Nestled high above the surrounding properties, on the 7th floor of The Gateway Grand, #703 is a meticulously maintained 3-bedroom residence that epitomizes luxury living in Ocean City.   This exquisite property boasts a spacious and open floorplan, providing an inviting ambiance and an abundance of natural light.

One of its most striking features is the breathtaking southern-exposure panoramic views that grace this home. From its private balcony, residents and guests can revel in stunning vistas of the city skyline, the serene ocean, and the tranquil bay, making every moment a visual delight.  Sunrise to Sunset this residence provides some of the most captivating views in the city.  

This residence has been lovingly cared for, with attention to detail evident in every corner. The living spaces are thoughtfully designed, offering both comfort and elegance. Whether you're enjoying a meal in the gourmet kitchen, lounging in the living room, or retiring to one of the three cozy bedrooms, you'll be enveloped in luxury.

The Gateway Grand itself is Ocean City's pinnacle of oceanfront living. With its impeccable amenities and prime location, it offers residents a lifestyle of convenience and sophistication. From the elegant lobby to the direct beach access, the heated indoor pool, or the state-of-art fitness center, every aspect of this building is designed to cater to the desires of discerning homeowners.

In summary, The Gateway Grand #703 is not just a residence; it's a sanctuary where you can indulge in the finest coastal living. Whether you're captivated by the ocean's waves, the city's charm, or the bay's tranquility, this property presents a unique opportunity to savor it all in one stunning package.  Deeded mezzanine storage locker 143 conveys with residence.  Buyer to honor any booked rentals for 2024.
Unit Size
1,790Ft²
Days on Market
202 days
Land Size
-
Price per sqft
$642
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
Grant Fritschle
Keller Williams Realty Delmarva
Jonathan Barker
Keller Williams Realty Delmarva
Last updated: 8 days ago (Bright MLS #MDWO2016920)

Price History

Date / Event Date Event Price
Jan 14, 2024 Price Decreased $1,149,000
↓ $30K (2.5%)
Price Decreased
Dec 12, 2023 Price Decreased $1,179,000
↓ $100K (7.8%)
Price Decreased
Oct 9, 2023 Listed by Keller Williams Realty Delmarva $1,279,000
Listed by Keller Williams Realty Delmarva

Property Highlights

Garage
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Garage Features: Covered Parking
Parking Features: Attached Garage, Parking Lot
Attached Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 2
Interior Details

Bedroom Information

Bedrooms on Main Level: 3

Interior Information

Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven/Range - Electric, Refrigerator, Washer
Flooring Type: Carpet, Ceramic Tile
Living Area Square Feet Source: Estimated
Wall & Ceiling Types

Room Information

Laundry Type: Dryer In Unit, Washer In Unit

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
3 Baths
1,790 ft²
$656/ft²
$1,175,000 Dec 6, 2023
$1,175,000 Jan 12, 2024
-
Condo
3 Beds
3 Baths
1,790 ft²
$642/ft²
$1,150,000 Jul 27, 2023
$1,150,000 Dec 29, 2023
-
Condo
3 Beds
3 Baths
1,790 ft²
$698/ft²
$1,249,900 Mar 3, 2023
$1,249,900 Apr 17, 2023
-
Condo
3 Beds
3 Baths
1,790 ft²
$698/ft²
$1,250,000 Apr 24, 2023
$1,250,000 Jul 12, 2023
-
Condo
3 Beds
3 Baths
1,790 ft²
$614/ft²
$1,099,000 Oct 27, 2023
-
-
Condo
3 Beds
3 Baths
1,687 ft²
$563/ft²
$949,000 Mar 29, 2024
-
-
Condo
3 Beds
3 Baths
1,438 ft²
$681/ft²
$979,900 Feb 23, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231206 Unit 1104
12/06/2023
3 Bed
3 Bath
1790 ft²
$1,200,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
$1,175,000 -2.08%
01/12/2024
-
Jonathan Barker
Keller Williams Realty Delmarva
20230910 Unit 805
09/10/2023
805
3 Bed
3 Bath
1790 ft²
$1,250,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
$1,255,000 +0.40%
12/12/2023
Grant Fritschle
Keller Williams Realty Delmarva
20230802 Unit 1112
08/02/2023
3 Bed
3 Bath
1806 ft²
$1,499,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1806 ft²
$1,350,000 -9.94%
09/28/2023
-
Jonathan Barker
Keller Williams Realty Delmarva
20230727 Unit 1204
07/27/2023
3 Bed
3 Bath
1790 ft²
$1,200,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
$1,150,000 -4.17%
12/29/2023
-
Jonathan Barker
Keller Williams Realty Delmarva
20230502 Unit 908
05/02/2023
908
3 Bed
3 Bath
1790 ft²
$1,350,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
$1,160,000 -14.07%
08/18/2023
-
Jonathan Barker
Keller Williams Realty Delmarva
04/24/2023
3 Bed
3 Bath
1790 ft²
$1,325,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
$1,250,000 -5.66%
07/12/2023
-
Jonathan Barker
Keller Williams Realty Delmarva
20230320 Unit 911
03/20/2023
911
3 Bed
3 Bath
1790 ft²
$1,299,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
$1,250,000 -3.84%
05/19/2023
-
Jonathan Barker
Keller Williams Realty Delmarva
20230310 Unit 705
03/10/2023
705
3 Bed
3 Bath
1790 ft²
$1,099,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
$1,075,000 -2.18%
07/07/2023
Grant Fritschle
Keller Williams Realty Delmarva
20230303 Unit 309
03/03/2023
309
3 Bed
3 Bath
1790 ft²
$1,249,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
$1,249,900
04/17/2023
-
Jonathan Barker
Keller Williams Realty Delmarva
20230301 Unit 704
03/01/2023
704
3 Bed
3 Bath
1790 ft²
$1,050,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
$1,050,000
04/12/2023
-
Jonathan Barker
Keller Williams Realty Delmarva
20230216 Unit 512
02/16/2023
512
3 Bed
3 Bath
1806 ft²
$1,349,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1806 ft²
$50,000 -96.30%
04/25/2023
Grant Fritschle
Keller Williams Realty Delmarva
02/10/2023
3 Bed
3 Bath
1790 ft²
$1,390,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
$1,255,000 -9.71%
04/05/2023
-
Jonathan Barker
Keller Williams Realty Delmarva
20221209 Unit 508
12/09/2022
508
3 Bed
3 Bath
1790 ft²
$1,295,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
-
-
-
Sandy Galloway
Berkshire Hathaway HomeServices PenFed Realty - OP
20221031 Unit 509
10/31/2022
509
3 Bed
3 Bath
1790 ft²
$1,299,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
$1,249,900 -3.78%
03/10/2023
-
Jonathan Barker
Keller Williams Realty Delmarva
20220502 Unit 309
05/02/2022
309
3 Bed
3 Bath
1790 ft²
$1,390,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
$1,249,900 -10.08%
05/01/2023
-
Karen Staskey
Berkshire Hathaway HomeService PenFed Realty - WOC
20210820
08/20/2021
3 Bed
3 Bath
1650 ft²
$1,325,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1650 ft²
-
-
-
Mary Rice
Engel & Volkers Ocean City
20210915 Unit 414
09/15/2021
414
3 Bed
3 Bath
1873 ft²
$1,499,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1873 ft²
-
-
-
Mike Patrick
RE/MAX United Real Estate
20210911 Unit 707
09/11/2021
707
3 Bed
3 Bath
1650 ft²
$1,349,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1650 ft²
$1,115,000 -17.35%
02/11/2022
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
20201125 Unit 201
11/25/2020
201
4 Bed
3 Bath
2345 ft²
$899,900
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2345 ft²
-
-
-
-
20201106 Unit 309
11/06/2020
309
3 Bed
3 Bath
1790 ft²
$849,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1790 ft²
$830,000 -2.24%
01/15/2021
Kelly Goeller
20190403 Unit 1012
04/03/2019
3 Bed
3 Bath
1806 ft²
$829,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1806 ft²
$810,000 -2.40%
10/08/2019
Ryan Daniher
20190412
04/12/2019
3 Bed
3 Bath
-
$800,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
-
20190218 Unit 306
02/18/2019
306
4 Bed
3 Bath
2061 ft²
$1,275,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2061 ft²
-
-
-
-
20181102 Unit 501
11/02/2018
501
4 Bed
3 Bath
2250 ft²
$849,900
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2250 ft²
-
-
-
-
20180516
05/16/2018
4 Bed
3 Bath
2061 ft²
-
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2061 ft²
-
-
-
-
20171127 Unit 911
11/27/2017
911
3 Bed
3 Bath
1650 ft²
$829,990
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1650 ft²
-
-
-
-
20170730
07/30/2017
4 Bed
3 Bath
2250 ft²
-
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2250 ft²
-
-
-
-

Building Info

2 48th Street 2 48th Street, Ocean City, MD 21842
  • 2 Units for Sale
More about this Building
2 48th Street
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About Ocean City


Similar Homes for Sale

Unit for sale at 2 48th Street, OCEAN CITY, MD 21842

$1,099,000

  • 3 Beds
  • 3 Baths
  • 1,790 ft²
2 48th Street #402, OCEAN CITY, MD 21842 Listing by Jonathan Barker

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