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
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Updated on September 25, 2026 7:27 PM UTC
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