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Sold for $1,475,000
  • $1,475,000

    500 Peonies Ter, Rockville, MD 20850

    4beds
    5,288sqft
    Single Family Residence
    Built in 2003
    8,622 Square Feet Lot
    $1,485,700 Zestimate®
    $279/sqft
    $6,160 Estimated rent

    Home value

    $1,485,700

    $1.35M - $1.62M

    $6,160/mo

    Zestimate® history
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    What's special

    Wood-burning fireplacePrivate executive officeDecorative stone wallElegant staircaseCustom built-insTwo-car garagePrivacy trees
    Stunning Colonial on a Corner Lot – A Must-See! Welcome to this spacious and beautifully appointed colonial nestled on a desirable corner lot in the sought-after Fallsgrove community. This elegant home offers exceptional curb appeal with a decorative stone wall in the front yard, two-car garage, and private driveway parking for two additional vehicles. Step through the front door into a gracious foyer with wainscoting and a view of the elegant staircase featuring brand-new carpet, wrought iron railings, and solid oak banisters. From the foyer, you’ll be drawn into a series of exquisitely designed living spaces perfect for both everyday comfort and grand-scale entertaining. The formal living room is adorned with classic crown moulding and flows seamlessly into an oversized sunroom. Bathed in natural light from seven large windows, the sunroom features travertine flooring, French glass doors to the backyard patio, custom blinds and shades—currently configured as a sports entertainment haven. To the left of the living room, the formal private dining room exudes sophistication with architectural crown moulding, wainscoting, custom window treatments and a new shade. This space easily accommodates seating for ten and connects to the kitchen through a charming dry bar display with glass cabinetry and granite countertops. The recently updated kitchen is a chef’s dream. Outfitted with KitchenAid stainless steel wall double ovens, stovetop, dishwasher, microwave, and granite countertops, the space also features a generously sized island with counter height seating and generous table seating. Custom hand-painted and detailed white cabinetry by Mr. Faux adds character and warmth. Glass doors open from the kitchen to the expansive backyard patio, perfect for entertaining. Off the kitchen, the inviting family room boasts a wood-burning fireplace and four large windows. Adjacent to this space is a private executive office overlooking the patio, complemented by elegant custom wallpaper, wainscoting, and a powder room. All doors in this area are finished with beautiful architrave door headers. Upstairs, you'll find four spacious bedrooms and a large den. The primary suite is a luxurious retreat with tray ceiling, two walk-in closets, custom window treatments, Somfy electric shade, and plush carpeting. The spa-like primary bathroom features double sinks, an oversized soaking tub, large walk-in shower, private water closet, and stunning white marbleized tile. Bedrooms 2 and 3 each include recessed lighting, generous walk-in closets, and private full bathrooms, with solid oak flooring continuing through the hallway. Bedroom 4 connects to a Jack-and-Jill bathroom that also serves a large den (no closet), ideal as a playroom, or guest space. All bedroom closets are equipped with custom built-ins for optimal organization. In total, the home includes five full bathrooms and one half bath—each thoughtfully updated and tastefully appointed. The fully finished lower level is an entertainer’s paradise and a haven for wellness and creativity. Enjoy luxury vinyl flooring, a mirrored yoga/Pilates studio area, an art bonus room nook with an enormous storage closet, an additional den, and another full bathroom. A massive utility/storage room features wood-framed shelving and bookcases. Walk out from the basement to an expansive slate patio stretching the length of the home. Framed by mature privacy trees expertly trimmed to allow sunlight, the backyard offers three distinct areas for dining, lounging, and socializing—ideal for gatherings or quiet moments under the sun. Walk to popular restaurants and shops at the Fallsgrove Village Center. Convenient to I-270, MD 200 (ICC), Shady Grove metro, Shady Grove Medical Center, Rio and Downtown Crown neighborhoods. This extraordinary home combines timeless style with modern amenities, an amazing location, and room to grow. Schedule your private tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Aida Klun 301-213-4382,

    RLAH @properties

    Bought with:

    Dale Gold, 0225055508

    Weichert, REALTORS

    Source: Bright MLS,MLS#: MDMC2188540MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Den
    Den
    • Level: Upper
    Den
    • Level: Lower
    Heating
    • Forced Air, Heat Pump, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Cooktop, Microwave, Built-In Range, Dishwasher, Disposal, Double Oven, Oven, Stainless Steel Appliance(s), Gas Water Heater
    • Laundry: Main Level
    Features
    • Soaking Tub, Bathroom - Walk-In Shower, Built-in Features, Crown Molding, Dining Area, Double/Dual Staircase, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Wainscotting, Walk-In Closet(s), Bar, Dry Wall, 9'+ Ceilings
    • Flooring: Carpet, Hardwood, Luxury Vinyl, Terrazzo, Wood
    • Windows: Window Treatments
    • Basement: Finished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 6,444
    • Total interior livable area: 5,288 sqft
    • Finished area above ground: 4,088
    • Finished area below ground: 1,200

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Faces Front, Attached, Driveway
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Patio
    • Pool features: Community
    Lot
    • Size: 8,622 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 160403369413
    • Zoning: CPD1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Architectural Shingle,Asphalt
    Condition
    • Excellent
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Fallsgrove
    HOA
    • Has HOA: Yes
    • HOA fee: $150 monthly
    Location
    • Region: Rockville
    • Municipality: City of Rockville

    Financial & listing details

    • Price per square foot: $279/sqft
    • Tax assessed value: $1,086,167
    • Annual tax amount: $14,297
    • Date on market: 7/11/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/22/2025Sold$1,475,000$279/sqft
    Source: Bright MLS #MDMC2188540 Report a problem
    8/6/2025Pending sale$1,475,000$279/sqft
    Source: Bright MLS #MDMC2188540 Report a problem
    7/19/2025Contingent$1,475,000$279/sqft
    Source: Bright MLS #MDMC2188540 Report a problem
    7/11/2025Listed for sale$1,475,000+36.6%$279/sqft
    Source: Bright MLS #MDMC2188540 Report a problem
    6/5/2013Sold$1,080,000+44.6%$204/sqft
    Source: Public Record Report a problem
    10/9/2003Sold$747,128$141/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,574 +7.3%$1,086,167 +6.5%
    2024$13,578 +2.1%$1,019,800 +1.6%
    2023$13,304 +4.5%$1,003,633 +1.6%
    2022$12,734 +1.2%$987,467 +1.7%
    2021$12,582 +0.3%$971,300
    2020$12,545 -4.6%$971,300 -4.3%
    2019$13,152 -0.5%$1,015,100
    2018$13,224 +2.9%$1,015,100 +4.8%
    2017$12,853 +24.4%$968,933 +5%
    2016$10,328 $922,767 +5.3%
    2015$10,328 $876,600 +0.9%
    2014$10,328 $869,067 +0.9%
    2013-- $861,533 +0.9%
    2012-- $854,000
    2011-- $854,000
    2010-- $854,000 -26.7%
    2009-- $1,165,490 +14.2%
    2008-- $1,020,230 +16.6%
    2007-- $874,970 +19.9%
    2006-- $729,710 +7.3%
    2005-- $680,080 +7.9%
    2004-- $630,450 +8.5%
    2003-- $580,820 +417.1%
    2002-- $112,330
    Find assessor info on the county website

    Neighborhood: Fallsgrove

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ritchie Park
    • Middle: Julius West
    • High: Richard Montgomery
    • 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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    Estimated market value
    $1,485,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,485,700