Discover the charm of this colonial-style upper-unit condominium nestled in the desirable Lakelands community. This well-maintained home with NEW carpet and NEW paint features 2 spacious bedrooms and 2.5 bathrooms, offering multiple levels of sunlit, comfortable space. The inviting double-sided gas fireplace is a cozy centerpiece, perfect for relaxing evenings. With an elevated ceiling in the living space, there's plenty of room to invite the natural sunlight in. The upper floor offers a primary bathroom with NEW double-bowl vanity fixtures and a soaking tub for those long days. The secondary room is perfect for an office or short-term guests. You will stay cool all summer and warm all winter with a newer HVAC unit replaced in 2024. You'll never run out of hot water, with a water heater replaced in 2019. With an attached garage with FRESH epoxy and driveway parking, you won't be able to wait to get home and lift the garage door! When there is time to unwind, the community's outdoor pool and recreation facilities are steps away. Lakelands offers a range of amenities, including basketball and tennis courts, a fitness center, and tot lots for play. The community is known for its vibrant atmosphere, with well-kept common grounds and a welcoming clubhouse. Residents benefit from convenient access to local parks and top-rated schools, making it an ideal location for active lifestyles. Experience the perfect blend of comfort and community in Lakelands, where every day feels like a retreat. With access to I-270 right around the corner, you can be in DC or VA Southbound and Frederick Northbound all in less than 30 minutes. Let's not forget to mention that the MARC train is 3 traffic lights away, and Shady Grove Metro Center is just 1 exit away for those times when public transportation is more ideal for the occassion. Don't miss your chance to call this lovely townhouse home!
For sale
$649,999
254 Market St E #254B, Gaithersburg, MD 20878
2beds
2,042sqft
Townhouse
Built in 1999
-- sqft lot
$638,600 Zestimate®
$318/sqft
$465/mo HOA
What's special
Inviting double-sided gas fireplaceTot lots for playDriveway parkingNatural sunlightWell-kept common groundsSoaking tubBasketball and tennis courts
- 27 days
- 308
- 7
Zillow last checked:
Listing updated:
Listed by:
Abteen Teymourtash 240-801-5486,
Long & Foster Real Estate, Inc. 301-424-0900,
Listing Team: The Dna Group
Source: Bright MLS,MLS#: MDMC2249800
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Double Sided, Gas/Propane
Interior area
- Total structure area: 2,042
- Total interior livable area: 2,042 sqft
- Finished area above ground: 2,042
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Rear, Inside Entrance, Garage Door Opener, Attached, Driveway, On Street
- Attached garage spaces: 1
- Uncovered spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: Community
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160903272195
- Zoning: MXD
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick Front, Vinyl Siding
- Foundation: Permanent, Slab
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $330 monthly
- Subdivision: Lakelands
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Clubhouse, Common Grounds, Fitness Center, Pool, Tennis Court(s), Tot Lots/Playground
- Services included: Common Area Maintenance, Management, Pool(s), Recreation Facility, Snow Removal, Trash
- HOA fee: $135 monthly
- HOA name: LAKELANDS COMMUNITY ASSOCIATION
Location
- Region: Gaithersburg
- Municipality: City of Gaithersburg
Financial & listing details
- Price per square foot: $318/sqft
- Tax assessed value: $440,000
- Annual tax amount: $5,828
- Date on market: 9/24/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
Estimated market value
$638,600
$607,000 - $671,000
$3,326/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Listed for sale | $649,999+80.6%$318/sqft |
Source: | ||
| 8/17/2011 | Sold | $360,000-13%$176/sqft |
Source: Public Record Report a problem | ||
| 1/8/2007 | Sold | $414,000+4.8%$203/sqft |
Source: Public Record Report a problem | ||
| 10/22/2004 | Sold | $395,000+134.4%$193/sqft |
Source: Public Record Report a problem | ||
| 9/22/1999 | Sold | $168,501$83/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $5,979 +2.6% | $440,000 +3.1% |
| 2025 | $5,828 +8.3% | $426,667 +3.2% |
| 2024 | $5,379 +3.8% | $413,333 +3.3% |
| 2023 | $5,182 +3.7% | $400,000 +0.8% |
| 2022 | $4,996 +0.4% | $396,667 +0.8% |
| 2021 | $4,977 +1.2% | $393,333 +0.9% |
| 2020 | $4,920 -0.3% | $390,000 |
| 2019 | $4,936 -0.6% | $390,000 |
| 2018 | $4,964 -2.5% | $390,000 |
| 2017 | $5,092 | $390,000 +4.5% |
| 2016 | -- | $373,333 +4.7% |
| 2015 | -- | $356,667 +4.9% |
| 2014 | -- | $340,000 |
| 2013 | -- | $340,000 |
| 2012 | -- | $340,000 -9.3% |
| 2011 | -- | $375,000 |
| 2010 | -- | $375,000 |
| 2009 | -- | $375,000 -15.7% |
| 2008 | -- | $445,000 +18.1% |
| 2007 | -- | $376,666 +22.2% |
| 2006 | -- | $308,333 +28.5% |
| 2005 | -- | $240,000 +11.5% |
| 2004 | -- | $215,332 |
| 2003 | -- | $215,332 +29.7% |
| 2002 | -- | $166,000 |
| 2001 | -- | $166,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lakelands
Nearby schools
Schools provided by the listing agent
- 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.






