Recently Listed Open House 10/31 2pm - 4pm
7201 Deer Lake Lane
Derwood, MD, 20855 $ 1,085,000
Bedrooms5 Baths3.0 Sq 3,231 Monthly Estimate*
$ 7,494
for $1,085,000 with 5 bedrooms and 3 full baths. This 3,231 square foot home was built in 1987 on a lot size of 0.54.
Welcome to this beautifully renovated five-level split in Needwood Estates, where contemporary finishes and generous living spaces sit on a large, level corner lot. Completely renovated in 2026, this home combines thoughtful updates with a versatile layout. Step into the impressive two-story foyer and discover a brand-new kitchen featuring white shaker cabinetry, quartz countertops, stainless steel appliances, a walk-in pantry and plenty of space for a breakfast nook with a light-filled bay window. The formal dining room opens to the deck, making indoor-outdoor entertaining easy, while the spacious living room showcases beautiful hardwood floors. Just off the kitchen, a convenient mudroom and laundry area offer abundant storage and access to the oversized two-car garage. Up one level, the primary suite offers a sitting room, a huge walk-in closet and a new en-suite bath with a skylight over the soaking tub. Two additional generously sized bedrooms and a newly renovated hall bathroom with a skylight complete this level. A few steps higher, youll find another bedroom, bonus space and plenty of additional storage. The lower level features a large family room with a gas fireplace insert and walkout access to a cozy covered patio. A brand-new full bathroom and an oversized den or office provide even more flexibility, with potential for a fifth bedroom. The lowest level offers a large unfinished space ready to serve as a home gym, play area or additional storage. Outside, enjoy the expansive corner lot, deck and covered patio. A new roof and owned solar panels add to the homes appeal, with the current owners reporting that solar production has often resulted in a credit balance on their Pepco account. This home has everything youre looking for.
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Open House
10/31/2026 2:00 PM - 4:00 PM
11/1/2026 1:00 PM - 3:00 PM
7201 Deer Lake Lane Derwood, MD
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 3231
Sewer Public Sewer
Heating Central
Cooling Central A/C Ceiling Fan(s)
Possession Settlement
Zoning RE1
Garage Spaces 2.00
Architectural Style Split Level
Construction Materials Frame
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 1987
Levels 5
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County MONTGOMERY
New Construction N
Property Type Residential
HOA N
Subdivision Name NEEDWOOD ESTATES
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 3
Status ACTIVE
Directions PER GPS
City DERWOOD
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 23605.00
Tax Annual Amount 10299.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 0
Bathrooms Count Main Level 0.00
Price Per Sq Ft Total AG 335.81
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision NEEDWOOD ESTATES
Tax Lot 22
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InteriorHeating Fuel Natural Gas
Basement Heated Improved Interior Access Sump Pump
Total Fireplaces 1
Fireplace Features Gas/Propane
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 3231
Half Baths 0
Central Air Y/N Y
Total Bedrooms 5
Below Grade Finished Area 0
Main Level Bedrooms 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 3
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ExteriorPool No Pool
Water Source Public
Garage Features Garage - Side Entry Inside Access Oversized
Type of Parking Attached Garage Driveway
Foundation Details Block
Water View Y/N N
Lot Size Acres 0.54
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 308100.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Bydavid@wagnerhomegroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,494
- Monthly Property Taxes
- $858
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 Derwood, MD
Average List Price $954,644
Percent of Sale Price 12%
About Derwood, MD 2,496 Population
18% Since 2002
$ 92,000 Median Income
44.97 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4547342 Elementary School
3535147 Middle School
Col. Zadok Magruder High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/27/2026 | $1,085,000 | | Listed Price |