Open House Fri, Sep 25th 4:00 PM - 7:00 PM
Listed By:
Jennifer Ambrose with Long & Foster Real Estate, Inc. - 3019759500;
Address
508 Market Street E, Gaithersburg, MD
Price
$ 1,150,000
Property Attributes
  • MLS#MDMC2256090
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountyMONTGOMERY
  • CityGaithersburg
  • NeighborhoodLakelands
  • Zip20878
  • StyleColonial
  • Year Built2002
  • Taxes$ 11858
  • Price$ 1,150,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage3840
  • Lot Size0.08 Acres
Data Source:
Bright MLS
Property Description

Welcome to exceptional living in the heart of the sought-after Lakelands community! Ideally situated on Market Street E, where the vibrant Kentlands/Lakelands lifestyle are just feet away! Overlooking a charming green courtyard, this beautifully updated 4-bedroom, 3.5-bath Single Family home offers an impressive blend of style, comfort and thoughtful updates-inside and out; Upgrades where they matter the most! This home features fully paid-for TESLA SOLAR ROOF technology installed in 2022, complete with a 30-year transferable warranty. Year-to-date production has been especially impressive, generating approximately 13.1MWh compared with just 7.5MWh of energy used. From the inviting front porch, step into a gracious 2-story foyer flanked by spacious formal Living and Dining rooms. The bright, White Kitchen features granite countertops, recessed lighting, stainless steel appliances and an open concept connection to the family room, where the beautiful gas fireplace creates the perfect gathering spot. The homes exceptional outdoor living space truly sets it apart. Step outside your kitchen/family room to a custom designed covered Trex deck with a built-in Hot Tub, added in 2022, creating a private retreat for relaxing or entertaining. The deck is thoughtfully appointed with a custom ceiling fan, recessed lighting, and privacy curtains-making this an outdoor space you'll enjoy throughout the seasons. Upstairs you'll find 4 generously sized bedrooms, including a comfortable primary suite with cathedral ceilings, 2 walk-in closets and an en-suite bath with a large soaking tub, separate standing shower, and enclosed water closet. The fully finished lower level expands the homes living space with a spacious recreation room featuring custom built-ins, an abundance of recessed lighting, a versatile bonus area, and a full bath with a steam shower (2022) ideal for guests, exercise space, or an additional private retreat. Both HVAC systems and the water heater were replaced in 2015, providing additional peace of mind. Beautifully maintained, extensively updated and designed for the way you want to live. This is the Lakelands home you won't want to miss!

Price History
9/18/2026 Listed $1,150,000

General Features

Living Area 3840
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Negotiable
Roof Other
Appliances Built-In Microwave,Dishwasher,Disposal,Dryer - Electric,Extra Refrigerator/Freezer,Icemaker,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Washer
Zoning MXD
HOA Fee 135.00
Garage Spaces 2.00
Association Fee Includes Common Area Maintenance,Health Club,Management,Pool(s),Recreation Facility,Reserve Funds,Snow Removal
Patio/Porch Features Deck(s),Porch(es)
Architectural Style Colonial
Security Features Security System
Construction Materials Vinyl Siding
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 2002
Levels 3
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
Assoc Fee Paid Per Monthly
County MONTGOMERY
New Construction No
Property Type Residential
Association Amenities Basketball Courts,Club House,Community Center,Exercise Room,Fitness Center,Jog/Walk Path,Meeting Room,Party Room,Pickleball Courts,Pool - Outdoor,Recreational Center,Tennis Courts,Tot Lots/Playground
HOA Yes
Subdivision Name LAKELANDS
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 3
Status ACTIVE
Directions From MD-28 (Darnestown Rd) turn onto Main Street to a left onto Kersten Street to Market Street E.
City GAITHERSBURG
Association Name LAKELANDS
Senior Community Y/N No
Lot Size Units Square Feet
Lot Size Square Feet 3600.00
Tax Assessed Value 914400.0
Tax Annual Amount 11858.0
Property Condition Excellent
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 435.61
Lease Considered Y/N No
Vacation Rental Y/N No
Total SQFT 3840
Builder Name Ryan
Standard Status Active
Year Built Source Estimated
Legal Subdivision LAKELANDS

Interior Features

Interior Amenities Bathroom - Soaking Tub,Bathroom - Tub Shower,Bathroom - Walk-In Shower,Breakfast Area,Built-Ins,Butlers Pantry,Ceiling Fan(s),Chair Railings,Crown Moldings,Family Room Off Kitchen,Formal/Separate Din
Heating Fuel Natural Gas
Basement Fully Finished
Flooring Hardwood,Ceramic Tile,Carpet
Total Fireplaces 1
Fireplace Features Gas/Propane,Mantel(s)
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 2640
Half Baths 1
Central Air Y/N Yes
Total Bedrooms 4
Below Grade Finished Area 1200
Room Type Living Room,Dining Room,Kitchen,Family Room,Laundry,Recreation Room,Storage Room,Bonus Room
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Estimated
Laundry Type Main Floor
Below Grade Finished Area Source Estimated
Bedrooms Count All Upper Levels 4
Bedrooms Count Upper Level 1 4
Bathrooms Half Main Level 1
Bathrooms Full Upper Level 1 2
Bathrooms Full Lower Level 1 1
Bathrooms Full All Upper Levels 2
Bathrooms Full All Lower Levels 1
Bathrooms Count Upper Level 1 2.00
Bathrooms Count Lower Level 1 1.00
Bathrooms Count All Upper Levels 2
Bathrooms Count All Lower Levels 1
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 4

Exterior Features

Pool Yes - Community
Water Source Public
Total Parking Spaces 2
Garage Features Garage - Rear Entry,Garage Door Opener,Additional Storage Area
Type of Parking Attached Garage
Foundation Details Concrete Perimeter
Water View Y/N No
Lot Size Acres 0.08
Lot Size Source Estimated
Waterfront Y/N No
Builder Model MICHENER
Navigable Water Y/N No
Water Oriented Y/N No
# of Attached Garage Spaces 2

Room Details

Room Dimensions Level Flooring Details
Bonus Room Lower 1
Dining Room Main
Family Room Main
Kitchen Main
Laundry Main
Living Room Main
Recreation Room Lower 1
Storage Room Lower 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 20878

Price
AVG $1.13M
$1.15M
Taxes
AVG $9,636
$11,858
Year Built
AVG 1991
2002
Visits
AVG 793
26
Data Provided by Inside Real Estate®

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