7317 Olive Tree Court
Gaithersburg, MD, 20879 $ 800,000
Bedrooms4 Baths3.1 Sq 3,084 Monthly Estimate*
$ 4,926
for $800,000 with 4 bedrooms and 3 full baths, 1 half bath. This 3,084 square foot home was built in 1994 on a lot size of 2.05.
Nestled on a private 2.05-acre lot at the end of a quiet cul-de-sac, this custom-built estate offers a rare opportunity to create your dream home in an exceptional setting. Surrounded by mature trees and set well back from the road, the property provides a peaceful retreat with the convenience of nearby shopping, dining, parks, and major commuter routes. The main level features a spacious open-concept design highlighted by a dramatic family room with a fireplace and vaulted ceilings that flows seamlessly into the kitchen, creating an ideal space for everyday living and entertaining. Just beyond, a beautiful sunroom offers panoramic views of the surrounding property and fills the home with natural light throughout the year. The generous primary suite provides a comfortable private retreat with ample space to create a luxurious owners sanctuary. Additional bedrooms and living areas offer flexibility for family, guests, home offices, or hobby spaces. The finished lower level includes a private in-law suite with a separate entrance complete with its own kitchenette, full bathroom, fireplace, and separate living areaperfect for multigenerational living, extended guests, or potential rental opportunities. Situated on more than two acres, the property offers endless possibilities for outdoor enjoyment, gardening, recreation, or future enhancements. While the home would benefit from cosmetic updates and renovation work, it presents an outstanding opportunity for buyers to add their own style and build equity in a truly special setting. Properties offering this combination of acreage, privacy, flexible living space, and potential are increasingly hard to find. Bring your vision and transform this hidden gem into the estate youve always imagined.
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FeaturesGeneralLiving Area 3084
Sewer On Site Septic
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning RE1
HOA Fee 427.10
Garage Spaces 2.00
Architectural Style Colonial
Construction Materials Stone
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 1994
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas
Accessibility None
Assoc Fee Paid Per Annually
County MONTGOMERY
New Construction N
Property Type Residential
HOA Y
Subdivision Name BROOKEFIELD
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 3
Status ACTIVE
Directions Cypress Hill and 124
City GAITHERSBURG
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 89298.00
Tax Annual Amount 10513.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 0
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 259.4
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision BROOKEFIELD
Tax Lot 11
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InteriorHeating Fuel Natural Gas
Basement Fully Finished
Total Fireplaces 1
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 3084
Half Baths 1
Central Air Y/N Y
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 0
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 4
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ExteriorPool No Pool
Water Source Public
Garage Features Garage - Side Entry
Type of Parking Attached Garage
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Size Acres 2.05
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 264900.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByColdwell Banker Realty - WashingtonBroker
simon.timm@cbrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,926
- Monthly Property Taxes
- $876
- 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 Gaithersburg, MD
Average List Price $898,694
Percent of Sale Price 12%
About Gaithersburg, MD 70,159 Population
29% Since 2002
$ 84,563 Median Income
37.89 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533413 Elementary School
3533471 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/12/2026 | $800,000 | | Listed Price |