$400,000
 $2,147 est/mo Sourced by Back At You

540 Palmtree Dr,GAITHERSBURG, MD 20878

GAITHERSBURG, MD 20878

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Description

Huge price reduction! Seller reserves the right to reject any offer. New HVAC system 2026, new roof 2022, two fully renovated bathrooms 2026, stainless steel refrigerator 2023, and new electric range, externally vented range hood, and dryer 2026. Deck board 2024. Welcome to this beautifully maintained townhome filled with abundant natural light and designed for comfortable everyday living. Freshly painted throughout and featuring high-quality luxury LVP flooring across all three levels, this home offers a highly desirable floor plan with thoughtful updates throughout. The renovated kitchen showcases brand-new white shaker cabinetry, elegant quartz countertops, and modern LED lighting. The bright living room opens to a semi fenced front deck courtyard-perfect for morning coffee, outdoor dining, or relaxing in your private oasis.Newly carpeted stairs lead to the second level, featuring two spacious secondary bedrooms, a convenient laundry room, and a beautifully renovated full tub-bath. The entire upper level serves as your private primary suite-a brilliant, light-filled retreat that boasts a large walk-in closet and a newly renovated en-suite bath featuring a beautifully tiled walk-in shower with a frameless glass enclosure. Enjoy community amenities just a short walk away, including a pool, tennis courts, playground, and open green spaces. Abundant parking is available throughout the Park Summit community, with plenty of convenient on- and off-street parking spaces for residents and guests. Ideally situated minutes from I-270, the ICC, and Shady Grove Metro, offering effortless access to premier shopping, dining, and entertainment at RIO and Downtown Crown. Seller intends to complete a 1031 tax-deferred exchange. Buyer agrees to cooperate with the exchange at no cost or liability to the Buyer.

Details

MLS #MDMC2244124
Listing TypeFor Sale
StyleCondominium
HOA Dues$110
Sub-TypeResale
StatusActive-bright
Year1986
Days On Site49
Listing Provided ByLibra Realty, LLC | Lixin Yin

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,582
BasementY
Story(s)3
ZoningR20
Acreage0.03

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsVinyl Siding
Foundation DetailsPermanent

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount4493

Area Information

StateMD
CountyMONTGOMERY MD
CityGAITHERSBURG
Zip Code20878
AreaMONTGOMERY MD
Community NamePARK SUMMIT CODM
School DistrictMONTGOMERY COUNTY PUBLIC SCHOOLS
Listing VS Median (in PARK SUMMIT CODM)
Price:
$400,000
low | high
Med:
$179,900
100% of Average
sqft:
1,582
low | high
Med:
869
95.069532237674% of Average
$ / sqft:
$253
low | high
Med:
$207
68.123762945915% of Average
On site:
49
low | high
Med:
288
17.013888888889% of Average
Sourced by Back At You

Market Activity 20878

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Learn More About This Property

StateMD
CountyMONTGOMERY MD
CityGAITHERSBURG
Zip Code20878
AreaMONTGOMERY MD
Community NamePARK SUMMIT CODM
School DistrictMONTGOMERY COUNTY PUBLIC SCHOOLS
Listing VS Median (in PARK SUMMIT CODM)
Price:
$400,000
low | high
Med:
$179,900
100% of Average
sqft:
1,582
low | high
Med:
869
95.069532237674% of Average
$ / sqft:
$253
low | high
Med:
$207
68.123762945915% of Average
On site:
49
low | high
Med:
288
17.013888888889% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $300K - $500K
sqft: 1,000 - 1,500
Listing Updated: August 30, 2026 at 6:39:48 PM PDT