***PRICE REDUCTION! *** Magnificent Oceanfront Penthouse! Rare Opportunity in Ocean City’s Most Prestigious Residential Condo on the Beach! Quality craftsmanship and fine details flow throughout this magnificent oceanfront penthouse condo. Behold the dramatic 15’ vaulted living room ceiling and adjacent owner’s suite both with sweeping ocean views. Professionally decorated furnishings and tasteful decor create a luxurious atmosphere for the most discerning buyer. Features include tile flooring, upgraded bedroom carpeting, chair railing and creative millwork throughout, enhanced by contemporary lighting. Stunning panoramic water views are visible across the spacious primary suite with access to the oceanfront balcony. The beautifully appointed kitchen features upgraded maple cabinetry, granite counter tops, high-end Viking appliances, Sub-zero built-in refrigerator, tile backsplash, and large center island with built-in wine & beverage cooler. The sizable dining area is accented by a distinctive tray ceiling. Lavish primary suite bathroom provides a relaxing marble retreat with dual sinks, oversized whirlpool tub and spacious glass enclosed shower. Two walk-in closets feature custom built-in cabinetry. Two additional bedrooms, each with full baths, ensure space and privacy for guests. Quality window treatments throughout round out this amazing residence. Enjoy all the extraordinary amenities the Gateway Grand has to offer from the year-round heated indoor and outdoor pools, state-of-the-art fitness center as well as a private oceanfront sun terrace, private club lounges and a kids club room. Special building features include on-site property management, 24/7 security, welcoming concierge at the luxurious lobby a vending/snack center. The secure, gated indoor garage includes two electric vehicle chargers. This unit includes two convenient parking spaces with direct access to elevators and fully enclosed hallway corridors ensuring comfortable weather-free access to all building units. And if that’s not all, enjoy the convenience of a fully staffed on-site maintenance team that will keep your unit in working order plus the maintenance department can be hired for your personal projects, repairs, and upgrades. Don't miss this extremely rare opportunity on the prestigious Penthouse floor in Ocean City’s most luxurious waterfront condo building!
Sold
$1,250,000
2 48th St UNIT 1707, Ocean City, MD 21842
3beds
1,650sqft
Condominium
Built in 2008
-- sqft lot
$1,440,100 Zestimate®
$758/sqft
$672/mo HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: February 09, 2023 at 04:25am
Listed by:
Kristen Gebhart 410-726-8995,
Coldwell Banker Realty
Bought with:
Jonathan M Barker, 618143
Keller Williams Realty Delmarva
Grant Fritschle, RA0020779
Keller Williams Realty Delmarva
Source: Bright MLS,MLS#: MDWO2002904

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Heat Pump, Other
Cooling
- Central Air, Other
Appliances
- Included: Microwave, Built-In Range, Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Freezer, Ice Maker, Self Cleaning Oven, Oven, Oven/Range - Electric, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Tankless Water Heater
- Laundry: Has Laundry, Main Level, Laundry Room, In Unit
Features
- Bar, Breakfast Area, Built-in Features, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Crown Molding, Dining Area, Elevator, Family Room Off Kitchen, Open Floorplan, Kitchen - Gourmet, Kitchen Island, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Soaking Tub, Bathroom - Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wine Storage, Dry Wall, High Ceilings, 9'+ Ceilings
- Flooring: Carpet, Ceramic Tile, Marble
- Doors: Insulated, Sliding Glass
- Windows: Atrium, Insulated Windows, Transom, Vinyl Clad, Window Treatments
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,650
- Total interior livable area: 1,650 sqft
- Finished area above ground: 1,650
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Covered, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: Accessible Elevator Installed, Accessible Hallway(s)
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Storage, Street Lights, Other, Sidewalks, Balcony
- Pool features: Community
- Spa features: Community
- Has view: Yes
- View description: Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Sandy Beach, Oceanfront, Boat - Powered, Canoe/Kayak, Beach Access, Swimming Allowed, Ocean
- Frontage length: Water Frontage Ft: 6
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 10765390
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete
- Roof: Built-Up
Condition
- Excellent
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Desk in Lobby, Exterior Cameras, Fire Alarm, Main Entrance Lock, Security Gate, Fire Sprinkler System, Smoke Detector(s), Security System
Community
- Community features: Pool
Location
- Region: Ocean City
- Subdivision: None Available
- Municipality: Ocean City
HOA & financial
HOA
- Has HOA: No
- Amenities included: Beach Club, Fitness Center, Game Room, Indoor Pool, Pool, Security
- Services included: Common Area Maintenance, Maintenance Structure, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Maintenance Grounds, Management, Pool(s), Reserve Funds, Road Maintenance, Security, Trash
- Association name: Legum And Norman
Other fees
- Condo and coop fee: $8,058 annually
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
Services availability

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$1,440,100
2% more+ $28,802
With Showcase(estimated)
$1,468,902