506 Pickwick Village Way
Silver Spring, MD, 20901 $ 409,999
Bedrooms3 Baths2.0 Sq 1,020 Monthly Estimate*
$ 2,589
for $409,999 with 3 bedrooms and 2 full baths. This 1,020 square foot townhouse was built in 1986 on a lot size of 0.03.
NEW PRICE NOW $409,999! A NEW VALUE OPPORTUNITY IN SILVER SPRING. Whether you are looking for a home to personalize, an opportunity to purchase below recent nearby sales, or an investor searching for a property with strong upside potential, 506 Pickwick Village Way deserves another look. Originally offered at $425,000, this townhome has received a $15,001 price improvement, creating a significantly more compelling entry point into Silver Spring. This 3-bedroom, 2-full-bath home features 1,020 finished square feet, central air, natural-gas heat, public water, and public sewer. The new price becomes particularly noteworthy when compared to recent sales on the very same block, where two nearby properties recently closed at $425,000 and $435,000. Positioned $15,001 to $25,001 below those recent benchmarks, the revised pricing explicitly reflects the homes current condition. For investors, this spreadcombined with a high-demand 3-bed/2-bath layoutoffers a clear opportunity to evaluate potential rental returns or resale value following targeted improvements. Beyond the walls of the home, the location remains one of its absolute greatest strengths. Tucked into a mature, highly connected pocket of Silver Spring, the neighborhood places incredible recreation, everyday amenities, and seamless transit options right at your doorstep. Homeowners or tenants will love being just minutes from Long Branch Local Park with its playground, tennis and basketball courts, and ball fields. The Long Branch Community Recreation Center and outdoor swimming pool add endless seasonal fun, while the scenic trails of nearby Sligo Creek Parkway offer miles of green space for walking, running, and cycling. Everyday conveniences could not be simpler. The seven-day-a-week Long Branch Libraryfeaturing free parking and digital resourcesis practically around the corner. Grocery stores, neighborhood dining, and daily shopping are steps away along the Piney Branch Road and University Boulevard corridors. When you want to step out for the evening, vibrant Downtown Silver Spring is roughly a mile away, putting premier entertainment destinations like the AFI Silver Theatre, The Fillmore, and an array of acclaimed restaurants within quick reach. Commuters will find the location exceptionally strategic. Multiple bus routes along University Boulevard and Piney Branch Road connect directly toward the Silver Spring Transit Center and the Takoma Metrorail Station (Red Line), providing effortless transit across Montgomery County and the greater D.C. region. The price has changed, but the incredible location and outstanding potential remain. Whether you plan to buy and personalize or hold as an investment, this new pricing provides a substantially different starting point. If you have looked at this home before, take another look today; if you are seeing it for the first time, schedule your private showing and explore what this Silver Spring property can become!
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FeaturesGeneralLiving Area 1020
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Settlement
Zoning RT12.
HOA Fee 330.00
Architectural Style Colonial
Construction Materials Frame Brick Vinyl Siding
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 1986
Levels 3
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Accessibility Other
Assoc Fee Paid Per Quarterly
County MONTGOMERY
New Construction N
Property Type Residential
HOA Y
Subdivision Name PICKWICK VILLAGE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 2
Status ACTIVE
Directions Use Navigation
City SILVER SPRING
Disclosures Prop Disclosure
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 1307.00
Tax Annual Amount 4061.0
Home Warranty Y/N N
Structure Type Interior Row/Townhouse
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 401.96
Acceptable Financing Conventional FHA FHA 203(b) FHLMC FMHA FNMA VA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision PICKWICK VILLAGE
Tax Lot 128
Association Recreation Fee N
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InteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 1020
Half Baths 0
Central Air Y/N Y
Total Bedrooms 3
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 2
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ExteriorPool No Pool
Water Source Public
Type of Parking On Street Off Street
Foundation Details Slab
Water View Y/N N
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 150000.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Byjohnnie.agim@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,589
- Monthly Property Taxes
- $338
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 NearbyTownhouse listings in Silver Spring, MD
Average List Price $484,501
Percent of Sale Price 18%
About Silver Spring, MD 82,012 Population
19% Since 2002
$ 77,809 Median Income
37.54 Median Age
28% 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 |
|---|
| 8/8/2026 | $409,999 | -3.53% | Price Down |
| 7/2/2026 | $425,000 | | Listed Price |