542 Market Street E Gaithersburg, MD $ 874,900
542 Market Street E
$ 874,900
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542 Market Street E

Gaithersburg, MD, 20878
$ 874,900
Bedrooms3 Baths2.2 Sq 3,100

Monthly Estimate*

$ 5,524

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

Townhouse for sale in Gaithersburg, MD

for $874,900 with 3 bedrooms and 2 full baths, 2 half baths. This 3,100 square foot townhouse was built in 2003 on a lot size of 0.04.

Four levels, beautiful updates, and exceptional flexibility in the heart of the Lakelands. Welcome to 542 Market Street East, a move-in ready Tarquin townhome offering 2,856 total square feet, three bedrooms plus a spacious fourth level ideal as a fourth bedroom or private retreat, two full and two half baths, a finished lower level, a deck, and a detached two-car garage. Hardwood floors, refinished and custom stained in 2025, set the tone on the main level, where abundant natural light meets beautiful architectural details including crown molding, columns, wainscoting, and tray ceilings. The separate dining room is perfect for entertaining, and the family room with gas fireplace opens naturally to the spacious eat-in kitchen. It features 42-inch white cabinetry, granite countertops, a center island, pantry, gas cooktop, wall oven, built-in microwave, and stainless steel appliances, including a new LG refrigerator (2025) and Bosch dishwasher (2021). Upstairs, new carpet installed in 2024 leads to the primary suite, with two walk-in closets and a bath with soaking tub, double vanity, and frameless glass shower. Custom closet systems and built-ins throughout provide exceptional storage. The fourth level is what truly sets this home apart. Finished with luxury vinyl plank flooring, it's a private, versatile space that works as a fourth bedroom, guest retreat, home office, media room, or additional living area. The finished lower level adds recreation space, room for a gym or office, a powder room, laundry, and storage. Recent improvements include nine custom Vytex Fortis replacement windows (2023), an upper-zone Bryant heat pump (2022), and approximately $15,000 in custom built-ins and closet systems. Even the detached two-car garage stands out, with a commercial diamond-ground polyaspartic flake epoxy floor completed in April 2023 and an extensive slat wall organization system. Enjoy the deck and Lakelands amenities including pools, fitness facilities, a clubhouse, tennis and basketball courts, and playgrounds. Beautifully updated, thoughtfully maintained, and truly move-in ready. Simply unpack, settle in, and enjoy the Lakelands lifestyle.

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Townhouse Coming Soon

Price

$ 874,900

Bedrooms

3

Full Bath

2

Half Bath

2

Property Type

Townhouse

Taxes

$ 8,972

Style

Colonial

Lot Size

0.04

Year Built

2003

Town/City

Gaithersburg

County/Region

Montgomery

MLS | Web ID

MDMC2258146

Features
General
Living Area 3100
Sewer Public Sewer
Heating Forced Air Heat Pump(s) Zoned
Cooling Other
Possession Settlement
Roof Asphalt
Appliances Built-In Microwave Cooktop Dishwasher Disposal Dryer - Electric Exhaust Fan Icemaker Oven - Wall Refrigerator Stainless Steel Appliances Washer Water Heater
Zoning MXD
HOA Fee 135.00
Garage Spaces 2.00
Association Fee Includes Common Area Maintenance Pool(s) Recreation Facility Snow Removal Trash
Architectural Style Colonial
Construction Materials Vinyl Siding
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 2003
Levels 4
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality Gaithersburg
Section 2
Accessibility None
Assoc Fee Paid Per Monthly
County MONTGOMERY
New Construction N
Property Type Residential
Association Amenities Basketball Courts Club House Common Grounds Community Center Exercise Room Fitness Center Lake Party Room Pool - Outdoor 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 2
Status COMING SOON
Directions From Great Seneca turn onto Lakelands Drive. Drive to the end and make a right onto Market Street East. Proceed 3-4 blocks. House is on the right.
City GAITHERSBURG
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 1900.00
Tax Annual Amount 8972.0
Property Condition Excellent
Structure Type Interior Row/Townhouse
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 0
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 364.54
Lease Considered Y/N N
Vacation Rental Y/N N
Builder Name Ryan
Standard Status Coming Soon
Year Built Source Assessor
Legal Subdivision LAKELANDS
Tax Lot 86
Association Recreation Fee N
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Interior
Interior Amenities Breakfast Area Carpet Ceiling Fan(s) Crown Moldings Dining Area Family Room Off Kitchen Floor Plan - Open Kitchen - Eat-In Kitchen - Gourmet Kitchen - Island Primary Bath(s) Pantry Recessed Lighting
Heating Fuel Electric Natural Gas
Basement Fully Finished Improved Sump Pump
Flooring Ceramic Tile Hardwood Carpet
Total Fireplaces 1
Fireplace Features Corner Fireplace - Glass Doors Gas/Propane
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2400
Half Baths 2
Central Air Y/N N
Total Bedrooms 3
Below Grade Finished Area 700
Room Type Loft
Main Level Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Laundry Type Lower Floor
Below Grade Finished Area Source Assessor
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 Door Opener
Type of Parking Detached Garage On Street
Foundation Details Permanent
Water View Y/N N
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Builder Model Tarquin w/ Loft
Land Assessed Value 300000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 542
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* Excluded Features
List By
Ttr Sotheby's International Realty

Broker

tnader@ttrsir.com

Email

Affordability Calculator

$6,272
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,524
Monthly Property Taxes
$748
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
10/3/2026$874,900 Listed Price

Map


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542 Market Street E, Gaithersburg, MD, 20878 is a Townhouse for sale at $874,900 with 3,100 sqft and a lot size of 0.04. 542 Market Street E has 3 bedrooms, 2.2 baths, and was built in 2003. The property's zip code is 20878 which is in Gaithersburg, MD