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$400,000
78 Days On Site

540 PALMTREE DRIVE
GAITHERSBURG, MD 20878

For Sale|Townhouse|Active Under Contract
3
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
1,582
SqFt
$253
/SqFt
1986
Built
Subdivision:
PARK SUMMIT CODM
County:
MONTGOMERY
Listing courtesy of Libra Realty, LLC
Call Now: (703) 898-3565
Is this the listing for you? We can help make it yours.
(703) 898-3565
540 PALMTREE DRIVE540 PALMTREE DRIVE540 PALMTREE DRIVE540 PALMTREE DRIVE
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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.

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Listing Snapshot
Price 
$400,000
Days On Site 
78 Days
Bedrooms 
3
Inside Area (SqFt) 
1,582 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
0.03 Acres
Year Built 
1986
MLS® Number 
MDMC2244124
Status 
Active Under Contract
Property Tax 
$4,493
HOA/Condo/Coop Fees 
$110 monthly
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active Under Contract
2 weeks agoListing updated with changes from the MLS®
a month agoPrice changed to $400,000
3 months agoListing first seen on site
General Features
Acres 
0.03
Foundation 
Permanent
Levels 
Three Or More
Parking 
Off StreetOn StreetParking Lot
Pets 
Yes
Property Sub Type 
Townhouse
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1582
SqFt Total 
1582
Style 
Colonial
Water Source 
Public
Zoning 
R20
Interior Features
Appliances 
Electric Water Heater
Basement 
Finished
Cooling 
Central AirElectric
Heating 
ElectricForced Air
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Exterior Features
Construction Details 
Vinyl Siding
Pool Features 
None
Community Features
Association Fee 
$110.0
Association Fee Frequency 
Monthly
School District 
MONTGOMERY COUNTY PUBLIC SCHOOLS
Schools
School District
MONTGOMERY COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Libra Realty, LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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