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Map
$1,149,000
↓ $30K (2.5%)
●
Condo -
For Sale
2 48TH ST #703GATEWAYGRAND
OCEAN CITY, MD 21842
3 Beds
3 Baths
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.
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
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
Exterior Details
Property Information
Property Manager Present
Ownership Interest: Condominium
Property Condition: Excellent
Year Built Source: Assessor
Building Information
Builder Name: Bovis Lendlease
Builder Name: Bovis Lendlease
Foundation Details: Pillar/Post/Pier
Other Structures: Above Grade, Below Grade
Roof: Flat
Structure Type: Unit/Flat/Apartment
Window Features: Insulated, Screens
Construction Materials: Concrete, Metal Siding
Unit Building Type: Hi-Rise 9+ Floors
Building Name: Gateway Grand
Outdoor Living Structures: Balcony
Pool Information
Community Pool
Lot Information
Premium
Lot Size Dimensions: 0.00 x 0.00
Land Information
Land Assessed Value: $643,500
Above Grade Information
Finished Square Feet: 1790
Finished Square Feet Source: Estimated
Financial Details
County Tax: $5,438
County Tax Payment Frequency: Annually
City Town Tax: $2,912
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $643,500
Tax Year: 2023
Tax Annual Amount: $9,071
Year Assessed: 2023
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Central
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Management, Pool(s), Reserve Funds, Water
HOA/Condo/Coop Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Swimming Pool
Condo/Coop Fee: $922
Washer/Dryer/Hook Up in Unit: Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Condo
3
Beds
3
Baths
1,790 ft²
$656/ft²
$1,175,000
Dec 6, 2023
$1,175,000
Jan 12, 2024
-
Sold
Condo
3
Beds
3
Baths
1,790 ft²
$642/ft²
$1,150,000
Jul 27, 2023
$1,150,000
Dec 29, 2023
-
Sold
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
-
In Contract
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 |
---|---|---|---|---|---|---|---|---|
12/06/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,200,000
3 Bed
3 Bath
1790 ft²
|
$1,175,000
-2.08%
01/12/2024
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
09/10/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,250,000
3 Bed
3 Bath
1790 ft²
|
$1,255,000
+0.40%
12/12/2023
|
Grant Fritschle
Keller Williams Realty Delmarva
|
||
08/02/2023
|
3 Bed
|
3 Bath
|
1806 ft²
|
$1,499,000
3 Bed
3 Bath
1806 ft²
|
$1,350,000
-9.94%
09/28/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
07/27/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,200,000
3 Bed
3 Bath
1790 ft²
|
$1,150,000
-4.17%
12/29/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
05/02/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,350,000
3 Bed
3 Bath
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
3 Bed
3 Bath
1790 ft²
|
$1,250,000
-5.66%
07/12/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
03/20/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,299,900
3 Bed
3 Bath
1790 ft²
|
$1,250,000
-3.84%
05/19/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
03/10/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,099,000
3 Bed
3 Bath
1790 ft²
|
$1,075,000
-2.18%
07/07/2023
|
Grant Fritschle
Keller Williams Realty Delmarva
|
||
03/03/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,249,900
3 Bed
3 Bath
1790 ft²
|
$1,249,900
04/17/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
03/01/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,050,000
3 Bed
3 Bath
1790 ft²
|
$1,050,000
04/12/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
02/16/2023
|
3 Bed
|
3 Bath
|
1806 ft²
|
$1,349,900
3 Bed
3 Bath
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
3 Bed
3 Bath
1790 ft²
|
$1,255,000
-9.71%
04/05/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
12/09/2022
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,295,000
3 Bed
3 Bath
1790 ft²
|
-
-
|
-
|
Sandy Galloway
Berkshire Hathaway HomeServices PenFed Realty - OP
|
|
10/31/2022
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,299,000
3 Bed
3 Bath
1790 ft²
|
$1,249,900
-3.78%
03/10/2023
|
-
|
Jonathan Barker
Keller Williams Realty Delmarva
|
|
05/02/2022
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,390,000
3 Bed
3 Bath
1790 ft²
|
$1,249,900
-10.08%
05/01/2023
|
-
|
Karen Staskey
Berkshire Hathaway HomeService PenFed Realty - WOC
|
|
08/20/2021
|
|
3 Bed
|
3 Bath
|
1650 ft²
|
$1,325,000
3 Bed
3 Bath
1650 ft²
|
-
-
|
-
|
Mary Rice
Engel & Volkers Ocean City
|
09/15/2021
|
3 Bed
|
3 Bath
|
1873 ft²
|
$1,499,900
3 Bed
3 Bath
1873 ft²
|
-
-
|
-
|
Mike Patrick
RE/MAX United Real Estate
|
|
09/11/2021
|
3 Bed
|
3 Bath
|
1650 ft²
|
$1,349,000
3 Bed
3 Bath
1650 ft²
|
$1,115,000
-17.35%
02/11/2022
|
Carol Proctor
Berkshire Hathaway HomeServices PenFed Realty
|
||
11/25/2020
|
4 Bed
|
3 Bath
|
2345 ft²
|
$899,900
4 Bed
3 Bath
2345 ft²
|
-
-
|
-
|
-
|
|
11/06/2020
|
3 Bed
|
3 Bath
|
1790 ft²
|
$849,000
3 Bed
3 Bath
1790 ft²
|
$830,000
-2.24%
01/15/2021
|
Kelly Goeller
|
||
04/03/2019
|
3 Bed
|
3 Bath
|
1806 ft²
|
$829,900
3 Bed
3 Bath
1806 ft²
|
$810,000
-2.40%
10/08/2019
|
Ryan Daniher
|
||
04/12/2019
|
|
3 Bed
|
3 Bath
|
-
|
$800,000
3 Bed
3 Bath
|
-
-
|
-
|
-
|
02/18/2019
|
4 Bed
|
3 Bath
|
2061 ft²
|
$1,275,000
4 Bed
3 Bath
2061 ft²
|
-
-
|
-
|
-
|
|
11/02/2018
|
4 Bed
|
3 Bath
|
2250 ft²
|
$849,900
4 Bed
3 Bath
2250 ft²
|
-
-
|
-
|
-
|
|
05/16/2018
|
|
4 Bed
|
3 Bath
|
2061 ft²
|
-
4 Bed
3 Bath
2061 ft²
|
-
-
|
-
|
-
|
11/27/2017
|
3 Bed
|
3 Bath
|
1650 ft²
|
$829,990
3 Bed
3 Bath
1650 ft²
|
-
-
|
-
|
-
|
|
07/30/2017
|
|
4 Bed
|
3 Bath
|
2250 ft²
|
-
4 Bed
3 Bath
2250 ft²
|
-
-
|
-
|
-
|