508 Market Street E Gaithersburg, MD $ 1,150,000
508 Market Street E
$ 1,150,000
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508 Market Street E

Gaithersburg, MD, 20878
$ 1,150,000
Bedrooms4 Baths3.1 Sq 3,840

Monthly Estimate*

$ 7,261

508 Market Street E, Gaithersburg, MD 20878 - Image 1

Single Family Home for sale in Gaithersburg, MD

for $1,150,000 with 4 bedrooms and 3 full baths, 1 half bath. This 3,840 square foot home was built in 2002 on a lot size of 0.08.

Welcome to exceptional living in the heart of the sought-after Lakelands community! Ideally situated on Market Street E, where the vibrant Kentlands/Lakelands lifestyle are just feet away! Overlooking a charming green courtyard, this beautifully updated 4-bedroom, 3.5-bath Single Family home offers an impressive blend of style, comfort and thoughtful updates-inside and out; Upgrades where they matter the most! This home features fully paid-for TESLA SOLAR ROOF technology installed in 2022, complete with a 30-year transferable warranty. Year-to-date production has been especially impressive, generating approximately 13.1MWh compared with just 7.5MWh of energy used. From the inviting front porch, step into a gracious 2-story foyer flanked by spacious formal Living and Dining rooms. The bright, White Kitchen features granite countertops, recessed lighting, stainless steel appliances and an open concept connection to the family room, where the beautiful gas fireplace creates the perfect gathering spot. The homes exceptional outdoor living space truly sets it apart. Step outside your kitchen/family room to a custom designed covered Trex deck with a built-in Hot Tub, added in 2022, creating a private retreat for relaxing or entertaining. The deck is thoughtfully appointed with a custom ceiling fan, recessed lighting, and privacy curtains-making this an outdoor space you'll enjoy throughout the seasons. Upstairs you'll find 4 generously sized bedrooms, including a comfortable primary suite with cathedral ceilings, 2 walk-in closets and an en-suite bath with a large soaking tub, separate standing shower, linen closet and enclosed water closet. The fully finished lower level expands the homes living space with a spacious recreation room featuring custom built-ins, an abundance of recessed lighting, a versatile bonus area, and a full bath with a steam shower (2022) ideal for guests, exercise space, or an additional private retreat. Both HVAC systems and the water heater were replaced in 2015, providing additional peace of mind. Beautifully maintained, extensively updated and designed for the way you want to live. This is the Lakelands home you won't want to miss!

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Single Family Coming Soon

Price

$ 1,150,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 11,858

Style

Colonial

Lot Size

0.08

Year Built

2002

Town/City

Gaithersburg

County/Region

Montgomery

MLS | Web ID

MDMC2256090

Features
General
Living Area 3840
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Negotiable
Roof Other
Appliances Built-In Microwave Dishwasher Disposal Dryer - Electric Extra Refrigerator/Freezer Icemaker Oven/Range - Gas Refrigerator Stainless Steel Appliances Washer
Zoning MXD
HOA Fee 135.00
Garage Spaces 2.00
Association Fee Includes Common Area Maintenance Health Club Management Pool(s) Recreation Facility Reserve Funds Snow Removal
Patio/Porch Features Deck(s) Porch(es)
Architectural Style Colonial
Security Features Security System
Construction Materials Vinyl Siding
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 2002
Levels 3
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
Assoc Fee Paid Per Monthly
County MONTGOMERY
New Construction N
Property Type Residential
Association Amenities Basketball Courts Club House Community Center Exercise Room Fitness Center Jog/Walk Path Meeting Room Party Room Pickleball Courts Pool - Outdoor Recreational Center Tennis Courts Tot Lots/Playground
HOA Y
Subdivision Name LAKELANDS
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 3
Status COMING SOON
Directions From MD-28 (Darnestown Rd) turn onto Main Street to a left onto Kersten Street to Market Street E.
City GAITHERSBURG
Association Name LAKELANDS
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 3600.00
Tax Annual Amount 11858.0
Property Condition Excellent
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 435.61
Lease Considered Y/N N
Vacation Rental Y/N N
Builder Name Ryan
Standard Status Coming Soon
Year Built Source Estimated
Legal Subdivision LAKELANDS
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Interior
Interior Amenities Bathroom - Soaking Tub Bathroom - Tub Shower Bathroom - Walk-In Shower Breakfast Area Built-Ins Butlers Pantry Ceiling Fan(s) Chair Railings Crown Moldings Family Room Off Kitchen Formal/Separate Din
Heating Fuel Natural Gas
Basement Fully Finished
Flooring Hardwood Ceramic Tile Carpet
Total Fireplaces 1
Fireplace Features Gas/Propane Mantel(s)
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2640
Half Baths 1
Central Air Y/N Y
Total Bedrooms 4
Below Grade Finished Area 1200
Room Type Living Room Dining Room Kitchen Family Room Laundry Recreation Room Storage Room Bonus Room
Main Level Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Laundry Type Main Floor
Below Grade Finished Area Source Estimated
Above Grade Finished Area Source Estimated
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 - Rear Entry Garage Door Opener Additional Storage Area
Type of Parking Attached Garage
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Size Acres 0.08
Lot Size Source Estimated
Waterfront Y/N N
Builder Model MICHENER
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 508
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

jen.ambrose@longandfoster.com

Email

Affordability Calculator

$8,249
Per Month
88%
12%
0%
Monthly Principal & Interest
$7,261
Monthly Property Taxes
$988
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
3533413 Elementary School
3533471 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$1,150,000 Listed Price

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508 Market Street E, Gaithersburg, MD, 20878 is a Single Family Home for sale at $1,150,000 with 3,840 sqft and a lot size of 0.08. 508 Market Street E has 4 bedrooms, 3.1 baths, and was built in 2002. The property's zip code is 20878 which is in Gaithersburg, MD