3358 Megans Way Olney, MD $ 870,000
3358 Megans Way
$ 870,000
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3358 Megans Way

Olney, MD, 20832
$ 870,000
Bedrooms4 Baths3.1 Sq 2,784

Monthly Estimate*

$ 5,493

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Single Family Home for sale in Olney, MD

for $870,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,784 square foot home was built in 1986 on a lot size of 0.33.

4-bedroom, 3.5-bath Colonial, perfectly situated on one of the largest lots in the highly sought-after Hallowell community in Olney, Maryland. Meticulously updated inside and out, this spacious home combines timeless elegance with today's most desirable amenities. Elegant Main Level Designed for both everyday living and entertaining, the main level features: Formal living room Elegant formal dining room Spacious family room with a cozy fireplace Private home officeideal for working remotely Beautifully updated kitchen with: White quartz countertops Stainless steel appliances New luxury vinyl flooring New deep double bowl sink and updated facet Convenient laundry/mud room Updated powder room Exceptional Recent Improvements 2026 Upgrades Include: Brand-new roof with remote-controlled skylights New asphalt driveway Fresh Benjamin Moore paint throughout the entire home New carpeting in three bedrooms Hardwood flooring throughout the main living areas New luxury vinyl flooring in the kitchen, laundry room, and powder room Updated bathroom sink facets and fixtures New lighting New blinds (all convey) Professionally designed landscaping New outdoor lighting New front walkway Spacious new rear deckperfect for entertaining family and friends Fully fenced backyard offering privacy and room to play Recently renovated garage featuring additional storage, plus an extra refrigerator and freezer that convey with the home Incredible Finished Lower Level The fully finished basement provides an abundance of additional living space and outstanding flexibility, making it ideal for entertaining, extended family, or multigenerational living. Features include: Spacious TV viewing and recreation area Wet bar with refrigerator Dedicated exercise/workout area Full bathroom Multiple storage rooms Excellent potential for an in-law or guest suite Community Amenities Enjoy everything Hallowell has to offer with a low HOA fee, including: Community swimming pool membership Scenic neighborhood pond Walking and biking trails Parks and open green spaces Convenient access to Chesterbrook Academy Preschool Prime Olney Location Hallowell is one of Olney's most desirable neighborhoods, known for its welcoming community, mature trees, scenic surroundings, and convenient access to shopping, restaurants, parks, recreation, and major commuter routes throughout Montgomery County and the Washington, D.C. metropolitan area. Whether you're entertaining on the expansive new deck, enjoying peaceful walks around the neighborhood pond, relaxing by the fireplace, working from your private home office, or taking advantage of the versatile finished lower level, this home offers the space, comfort, and lifestyle today's buyers are looking for.

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Single Family Coming Soon

Price

$ 870,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 7,866

Style

Colonial

Lot Size

0.33

Year Built

1986

Town/City

Olney

County/Region

Montgomery

MLS | Web ID

MDMC2251806

Features
General
Living Area 2784
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning RE2
HOA Fee 124.00
Garage Spaces 2.00
Architectural Style Colonial
Construction Materials Other
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 1986
Levels 3
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
Assoc Fee Paid Per Monthly
County MONTGOMERY
New Construction N
Property Type Residential
HOA Y
Subdivision Name HALLOWELL
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 3
Status COMING SOON
Directions Put in GPS for best results.
City OLNEY
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 14225.00
Tax Annual Amount 7866.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 312.5
Vacation Rental Y/N N
Standard Status Coming Soon
Year Built Source Assessor
Legal Subdivision HALLOWELL
Tax Lot 54
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Interior
Heating Fuel Natural Gas
Basement Fully Finished
Total Fireplaces 1
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2784
Half Baths 1
Central Air Y/N Y
Total Bedrooms 4
Below Grade Finished Area 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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Exterior
Pool Yes - Community
Water Source Public
Garage Features Garage - Front Entry Inside Access
Type of Parking Attached Garage
Foundation Details Other
Water View Y/N N
Lot Size Acres 0.33
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 273000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3358
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* Excluded Features
List By
Exp Realty, Llc

Broker

karenrollings@gmail.com

Email

Affordability Calculator

$6,149
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,493
Monthly Property Taxes
$656
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.
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Nearby
3533265 Elementary School
3533360 Middle School
James Hubert Blake High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2026$870,000 Listed Price

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3358 Megans Way, Olney, MD, 20832 is a Single Family Home for sale at $870,000 with 2,784 sqft and a lot size of 0.33. 3358 Megans Way has 4 bedrooms, 3.1 baths, and was built in 1986. The property's zip code is 20832 which is in Olney, MD