In this paper, we focus on the design of binary constant weight codes that admit low-complexity encoding and decoding algorithms, and that have a size $M=2^k$. For every integer $\ell \geq 3$, we construct a $(n=2^\ell, M=2^{k_{\ell}}, d=2)$ constant weight code ${\cal C}[\ell]$ of weight $\ell$ by encoding information in the gaps between successive $1$'s. The code is associated with an integer sequence of length $\ell$ with a constraint defined as {\em anchor-decodability} that ensures low complexity for encoding and decoding. The complexity of the encoding is linear in the input size $k$, and that of the decoding is poly-logarithmic in the input size $n$, discounting the linear time spent on parsing the input. Both the algorithms do not require expensive computation of binomial coefficients, unlike the case in many existing schemes. Among codes generated by all anchor-decodable sequences, we show that ${\cal C}[\ell]$ has the maximum size with $k_{\ell} \geq \ell^2-\ell\log_2\ell + \log_2\ell - 0.279\ell - 0.721$. As $k$ is upper bounded by $\ell^2-\ell\log_2\ell +O(\ell)$ information-theoretically, the code ${\cal C}[\ell]$ is optimal in its size with respect to two higher order terms of $\ell$. In particular, $k_\ell$ meets the upper bound for $\ell=3$ and one-bit away for $\ell=4$. On the other hand, we show that ${\cal C}[\ell]$ is not unique in attaining $k_{\ell}$ by constructing an alternate code ${\cal \hat{C}}[\ell]$ again parameterized by an integer $\ell \geq 3$ with a different low-complexity decoder, yet having the same size $2^{k_{\ell}}$ when $3 \leq \ell \leq 7$. Finally, we also derive new codes by modifying ${\cal C}[\ell]$ that offer a wider range on blocklength and weight while retaining low complexity for encoding and decoding. For certain selected values of parameters, these modified codes too have an optimal $k$.