7118 Lory Lane
Lanham, MD, 20706 $ 429,900
Bedrooms4 Baths3.0 Sq 1,457 Monthly Estimate*
$ 2,647
for $429,900 with 4 bedrooms and 3 full baths. This 1,457 square foot home was built in 1963 on a lot size of 0.3.
**UNDER CONTRACT! Will update if anything changes.** Welcome to a community known for its heart where the neighborhood motto is truly neighbors helping neighbors. This well-maintained 4-bedroom, 3-full-bath rambler with basement reflects long-time ownership, pride of care, and classic character throughout. The main level offers 3 bedrooms, with a 4th bedroom located in the basement, providing flexibility for guests, home office space, or additional living needs. With 1,457 sq ft of above-grade living space, plus a basement featuring a separate entrance and extra storage, the layout supports both everyday living and future possibilities. Major system updates provide peace of mind, including a new roof (Nov 2025) and HVAC replacement (July 2024), along with the convenience of public water and sewer. Hardwood flooring is present in the home, adding warmth and timeless appeal. Outside, enjoy a flat, usable backyardideal for entertaining, play, or future fencingalong with an attached carport and paved driveway. The home is situated on a street that feels quiet and residential, offering a comfortable sense of neighborhood living. Located in Lanham, MD, this home offers convenient access to Washington, D.C., nearby commuter routes, and the New Carrollton Metro (Orange & Silver Lines). The area is also close to a variety of local dining, shopping, and everyday conveniences, making it easy to enjoy great food and amenities close to home. Thoughtfully priced to reflect its original interior, this home presents a wonderful opportunity for buyers to personalize at their own pace in a welcoming, close-knit community. Go tour this beauty before it's too late! Join one of the Open Houses this weekend. Saturday, January 10th from 10-1pm & Sunday, January 11th from 1-4pm!
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FeaturesGeneralLiving Area 1457
Sewer Public Sewer
Heating Central
Cooling Central A/C Ceiling Fan(s)
Possession Settlement
Zoning RR
Architectural Style Ranch/Rambler
Construction Materials Brick
School District PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Year Built 1963
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility 2+ Access Exits Level Entry - Main
County PRINCE GEORGES
New Construction N
Property Type Residential
HOA N
Subdivision Name MARTINS WOODS
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 3
Status ACTIVE UNDER CONTRACT
Directions Use GPS for most accurate directions from your exact location.
City LANHAM
Disclosures Exempt - Disclosure/Disclaimer
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 13139.00
Tax Annual Amount 5744.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 295.06
Vacation Rental Y/N N
Standard Status Active Under Contract
Year Built Source Assessor
Legal Subdivision MARTINS WOODS
Tax Lot 11
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InteriorHeating Fuel Central
Basement Connecting Stairway Daylight Full Outside Entrance Side Entrance Walkout Level Walkout Stairs
Total Fireplaces 1
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1457
Central Air Y/N Y
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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ExteriorPool No Pool
Parking Features Paved Driveway
Water Source Public
Type of Parking Attached Carport Driveway On Street
Foundation Details Permanent Slab
Water View Y/N N
Lot Size Acres 0.30
Lot Size Source Assessor
Waterfront Y/N N
Horse Y/N N
Land Assessed Value 91800.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Bylindseyburchre@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,647
- Monthly Property Taxes
- $479
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Lanham, MD
Average List Price $520,194
Percent of Sale Price 21%
About Lanham, MD 10,829 Population
18% Since 2002
$ 74,756 Median Income
37.24 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533191 Elementary School
3533252 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/23/2025 | $429,900 | | Listed Price |