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For sale
  • $1,550,000

    12101 Gatewater Dr, Potomac, MD 20854

    4beds
    3,197sqft
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    Single Family Residence
    Built in 1986
    5,315 Square Feet Lot
    $1,493,000 Zestimate®
    $485/sqft
    $116/mo HOA

    What's special

    Designer contrasting tileSleek dark wood cabinetryWarm and inviting ambienceCustom built-in bookshelvesOne-car garageBeautifully renovated hall bathLuxuriously renovated spa-like bath
    Tucked away into a lush, green common area in the highly sought-after Fallsberry community, this beautifully updated residence offers a rare sense of privacy, tranquility, and effortless indoor-outdoor living for the contemporary lifestyle. Thoughtfully designed at just under 3,200 square feet, every space flows naturally into the next, creating a home that's perfectly suited for both quiet, everyday moments and easy entertaining. Sunlight streams through the skylight and sunburst window into a dramatic, two-story foyer helping to capture the full scale of this impressive home, while new, recessed lighting and rich hardwood floors create a warm and inviting ambience. The formal living and dining rooms transition gracefully into the heart of the home, a FULLY RENOVATED designer kitchen featuring sleek, dark wood cabinetry, waterfall quartz countertops, crisp and modern light tile flooring, and an impressive suite of new stainless steel appliances including dual ovens, an induction range, and wine refrigerator. Sliding glass doors open directly off of the kitchen and onto the deck, allowing activities to flow straight into the outdoors. Just past the kitchen, the family room is anchored by a cozy, brick fireplace, soaring vaulted ceilings, and abundant windows that look out into the trees beyond. An additional set of sliding glass doors connect the room to the wraparound patio/deck, creating a seamless transition between the home's inviting interior and its peaceful natural surroundings. The half-bath located between the family room and kitchen provides additional convenience. Upstairs, the spacious primary suite serves as a private retreat with an exceptionally large WALK-IN CLOSET with custom shelving, and two additional closets for abundant storage. The luxuriously renovated spa-like bath features a SIT-IN SOAKING TUB, heated towel rack, marble-inspired quartz vanity, backlit mirror, and a separate shower with clean chrome finishes. Two additional bedrooms share a beautifully renovated hall bath complete with an additional skylight, wide-sink vanity, full-size shower with built-in storage niche, designer contrasting tile, chrome fixtures, and new finishes throughout. The fully finished lower level expands the home's versatility with a spacious recreation room featuring a second fireplace and custom built-in bookshelves ideal for movies, game nights, or a home gym. French doors open to an additional room that functions beautifully as a private home office, guest suite, or POTENTIAL FOURTH BEDROOM complete with a full bath. A generously-sized laundry room has been completely updated with custom cabinetry, quartz countertops, utility sink, and new front-loading, energy-efficient stainless steel washer and dryer. Outdoor living is equally impressive. A new, FULLY-FENCED WRAPAROUND PATIO/DECK creates multiple spaces for dining, relaxing, and entertaining, complete with a secluded HOT TUB overlooking mature trees. Independent from the back yard is a securely gated and fenced side yard perfect for a garden, dog run, or additional outdoor workspace and includes a storage shed. Complete with a one-car GARAGE, additional driveway parking, and an unbeatable location backing to peaceful green space, this exceptional home offers the perfect balance of sophisticated updates, functional design, and everyday comfort. Additional upgrades include: Furnace (2023), Exterior (2023), Window Treatments, Water Heater (2024), Gutters (2025), Irrigation System (2023), Garage Door Motor (2024)
    6 days
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    660
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    15
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    Zillow last checked:

    Listing updated:

    Listed by:

    Janice Pouch 917-415-7810,

    Compass 2024489002

    Source: Bright MLS,MLS#: MDMC2244846MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Oven, Range Hood, Refrigerator, Washer, Built-In Range, Energy Efficient Appliances, Microwave, Double Oven, Water Heater, Stainless Steel Appliance(s), Gas Water Heater
      • Laundry: Lower Level
      Features
      • Breakfast Area, Open Floorplan, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Soaking Tub, Bathroom - Walk-In Shower, Crown Molding, Wine Storage, Kitchen Island, Family Room Off Kitchen, Dining Area, 2 Story Ceilings, Vaulted Ceiling(s)
      • Flooring: Ceramic Tile, Hardwood, Carpet, Wood
      • Doors: French Doors, Sliding Glass
      • Windows: Double Pane Windows, Palladian, Skylight(s), Bay/Bow, Window Treatments
      • Basement: Finished
      • Number of fireplaces: 2
      • Fireplace features: Screen
      Interior area
      • Total structure area: 3,197
      • Total interior livable area: 3,197 sqft
      • Finished area above ground: 3,197

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Front, Garage Door Opener, Inside Entrance, Surface, Attached, Driveway
      • Attached garage spaces: 1
      • Uncovered spaces: 1
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Patio & porch: Patio, Deck
      • Exterior features: Rain Gutters, Lighting
      • Pool features: None
      • Has spa: Yes
      • Spa features: Hot Tub
      • Fencing: Partial,Full
      • Has view: Yes
      • View description: Garden, Trees/Woods
      Lot
      • Size: 5,315 Square Feet
      • Features: Backs - Open Common Area, Backs to Trees, Landscaped
      Details
      • Additional structures: Above Grade
      • Parcel number: 161002333208
      • Zoning: PD3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Brick, Vinyl Siding
      • Foundation: Slab
      Condition
      • Good
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Fallsberry
      HOA
      • Has HOA: Yes
      • Amenities included: Basketball Court, Jogging Path, Tennis Court(s), Tot Lots/Playground
      • Services included: Common Area Maintenance, Management, Snow Removal, Trash
      • HOA fee: $347 quarterly
      • HOA name: FALLSBERRY HOA
      Location
      • Region: Potomac

      Financial & listing details

      • Price per square foot: $485/sqft
      • Tax assessed value: $618,700
      • Annual tax amount: $7,296
      • Date on market: 7/10/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        $1,493,000

        $1.42M - $1.57M

        $4,745/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$1,550,000+55%$485/sqft
        Source: Bright MLS #MDMC2244846 Report a problem
        6/29/2022Sold$1,000,000+11.2%$313/sqft
        Source: Bright MLS #MDMC2053624 Report a problem
        6/24/2022Pending sale$899,000$281/sqft
        Source: Bright MLS #MDMC2053624 Report a problem
        6/5/2022Contingent$899,000$281/sqft
        Source: Bright MLS #MDMC2053624 Report a problem
        6/1/2022Listed for sale$899,000+32%$281/sqft
        Source: Bright MLS #MDMC2053624 Report a problem
        9/4/2015Sold$681,000-2.7%$213/sqft
        Source: Public Record Report a problem
        5/16/2015Pending sale$699,900$219/sqft
        Source: UnionPlus Realty Inc. #MC8626955 Report a problem
        5/7/2015Listed for sale$699,900+33.3%$219/sqft
        Source: UnionPlus Realty Inc. #MC8626955 Report a problem
        10/8/2002Sold$525,000$164/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,483 -1.1%$940,300 +12.9%
        2024$9,591 +14.7%$833,100 +14.8%
        2023$8,364 +22.5%$725,900 +17.3%
        2022$6,827 +0.1%$618,700
        2021$6,821 -0.1%$618,700
        2020$6,826 -0.1%$618,700 -6.1%
        2019$6,833 -0.2%$658,700 +6.3%
        2018$6,845 +3.9%$619,667 +6.7%
        2017$6,592 +15.7%$580,633 +7.2%
        2016$5,700 $541,600
        2015$5,700 $541,600
        2014$5,700 $541,600 -3.9%
        2013-- $563,700
        2012-- $563,700
        2011-- $563,700 -15%
        2010-- $663,050 +0.5%
        2009-- $659,862 +0.5%
        2008-- $656,676 +0.5%
        2007-- $653,490 +15.9%
        2006-- $563,662 +19%
        2005-- $473,836 +23.4%
        2004-- $384,010
        2003-- $384,010 +20%
        2002-- $319,923 +11.1%
        2001-- $287,880
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 20854

        Getting around

        14 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Beverly Farms
        • Middle: Herbert Hoover
        • High: Winston Churchill
        • District: Montgomery County Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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