2 48th St #1707

Ocean City, MD 21842 View Map $1,250,000 Ask a Question
Beds3
Baths3
Sq.Ft.1,650
Year2008
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Status: Sold
Property Type:Condo
MLS #:MDWO2002904
Sq. Feet:1,650
Date Sold:2/6/2023
County:Worcester
***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!

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
2/6/2023$1,499,900$1,250,000-16.7%

Community Information

Address:2 48th St #1707, Ocean City, MD 21842
Area:Direct Oceanfront (80)
County:Worcester
City:Ocean City
Zip Code:21842
Neighborhood:Direct Oceanfront (80)
Building Name:Gateway Grand

School Information

High School:Stephen Decatur
Middle School:Stephen Decatur
Elementary School:Ocean City

Architecture

Unit Number:#1707
Bedrooms: 3
Bathrooms: 3
Year Built:2008
Stories:1
Style:Unit/Flat, Coastal
Construction: Concrete
Unit Building Type: Hi-Rise 9+ Floors
Roofing: Built-Up

Features / Amenities

Appliances: Built-In Microwave, Built-In Range, Commercial Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Freezer, Icemaker, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Interior Features: Bar, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Crown Moldings, Dining Area, Elevator, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wine Storage
Unit Floor: 7
Exterior Features: Exterior Lighting, Secure Storage, Street Lights, Other, Sidewalks
Amenities: Beach Club, Exercise Room, Game Room, Pool - Indoor, Pool - Outdoor, Security
Exterior Spaces: Balcony
Garage Features: Covered Parking
Type of Parking: Parking Garage
Garage (# of Spaces): 2.00
Air Conditioning: Central A/C
Primary Heat Type: Heat Pump - Electric BackUp

Rooms

LevelSizeDescription
FoyerMain Level5x13Chair Rail,Crown Molding,Flooring - Tile/Brick
Great RoomMain Level14x15Balcony Access,Ceiling Fan(s),Chair Rail,Flooring - Tile/Brick
Dining RoomMain Level9x15Chair Rail,Crown Molding,Flooring - Tile/Brick
KitchenMain Level13x15Island,Countertop(s) - Granite,Breakfast Bar,Kitchen - Gas Cooking,Flooring - Tile/Brick
Primary BedroomMain Level12x22Walk-In Closet(s),Balcony Access,Crown Molding,Ceiling Fan(s),Flooring - Carpet
StudyMain Level5x7Countertop(s) - Granite,Flooring - Tile/Brick
LaundryMain Level6x7Flooring - Tile/Brick
Bedroom 2Main Level10x13Ceiling Fan(s),Flooring - Carpet
Bedroom 3Main Level10x14Ceiling Fan(s),Flooring - Carpet

Property Features

Waterfront: Sandy Beach
Water Body Type: Ocean
View: Ocean, Water
Waterfront: Yes
Septic: Public Sewer
Water: Public
Municipality: Ocean City

Tax and Financial Info

Property Taxes: $15,466 (paid Annually)
HOA: No
Condo Association: Yes
Condo Fee: $8,058 (paid Annually)
Fees Include: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Trash

Schools

WALKING AND TRANSPORTATION

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Listing Information Last Updated 3/28/2024
Listing provided courtesy of Kristen Gebhart, Coldwell Banker Realty.
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