About this home

Fantastic opportunity to own in the luxurious Gateway Grand complex in Ocean City, MD. This 3 bedroom 3 bath residence has been recently upgraded with new carpet, fresh wall paint, and a custom tile backsplash. The A-style floorplan offers guest privacy with each bedroom having an attached bathroom. The primary bedroom accesses the outdoor balcony and features ocean views. Step out onto the balcony each morning to watch the everchanging sunrise over the Atlantic Ocean. The Gateway Grand is an amenity rich building offering heating indoor and outdoor pools, a 24/7 fitness center, a kid's club room with video games and board games, conditioned beach storage, multiple owner's lounges, on-site management, on-site maintenance, and on-site security in the evenings. Residence 402 has access to two parking spaces in the controlled access parking garage, which now features 7 electric car chargers. The Gateway Grand will allow you to relax and enjoy your time at the beach without a care or worry. Deeded storage locker #185 conveys with this residence. This residence was in the rental program with Central Reservations and grossed nearly $47,000 in 2022 and $43,500 in 2023, $49,044.24 in 2024 and $45,767.40 in 2025.

Facts and features

Schools

• Ocean City Elementary School

  elementary · K-4 · 2.8 mi

  10

• Stephen Decatur High School

  high · 9-12 · 7.0 mi

  7

• Stephen Decatur Middle School

  middle · 7-8 · 7.1 mi

  10

• Seaside Christian Academy

  elementary · K-12 · 3.1 mi

• Berlin Intermediate School

  elementary · 5-6 · 8.3 mi

  8

• Seaside Christian Academy

  elementary · K-8 · 3.2 mi

Price history

• Oct 2, 2026 · Listing Removed—
• Oct 1, 2026 · Listed$1,050,000
• Oct 21, 2024 · Listing Removed—
• Oct 20, 2024 · Listed$1,099,000
• Feb 23, 2024 · Price Changed$1,099,000
• Oct 27, 2023 · Listed$1,119,000
• Oct 5, 2009 · Sold$599,900
• Aug 26, 2009 · Listing Removed$599,900

Tax history

• 2026$12,972 tax · $957,000 assessed
• 2025$11,453 tax · $957,000 assessed
• 2024$10,053 tax · $838,733 assessed
• 2022$8,463 tax · $602,200 assessed
• 2021$8,509 tax · $602,200 assessed
• 2020$8,508 tax · $602,200 assessed
• 2019$8,566 tax · $602,200 assessed
• 2018$8,506 tax · $602,200 assessed

Home value

$1,067,628

• Quantarium$1,067,628
• Collateral Analytics$1,073,000
• Cotality$1,030,900

Where it is