3358 Megans Way
Olney, MD, 20832 $ 870,000
Bedrooms4 Baths3.1 Sq 2,784 Monthly Estimate*
$ 5,493
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
FeaturesGeneralLiving 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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InteriorHeating 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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ExteriorPool 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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* Excluded FeaturesList Bykarenrollings@gmail.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbySingle family listings in Olney, MD
Average List Price $949,174
Percent of Sale Price 9%
About Olney, MD 35,956 Population
9% Since 2002
$ 130,536 Median Income
44.55 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533265 Elementary School
3533360 Middle School
James Hubert Blake High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/18/2026 | $870,000 | | Listed Price |
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