Nestled on a private 2.05-acre lot at the end of a quiet cul-de-sac, this custom-built estate offers a rare opportunity to create your dream home in an exceptional setting. Surrounded by mature trees and set well back from the road, the property provides a peaceful retreat with the convenience of nearby shopping, dining, parks, and major commuter routes. The main level features a spacious open-concept design highlighted by a dramatic family room with a fireplace and vaulted ceilings that flows seamlessly into the kitchen, creating an ideal space for everyday living and entertaining. Just beyond, a beautiful sunroom offers panoramic views of the surrounding property and fills the home with natural light throughout the year. The generous primary suite provides a comfortable private retreat with ample space to create a luxurious owner’s sanctuary. Additional bedrooms and living areas offer flexibility for family, guests, home offices, or hobby spaces. The finished lower level includes a private in-law suite with a separate entrance complete with its own kitchenette, full bathroom, fireplace, and separate living area—perfect for multigenerational living, extended guests, or potential rental opportunities. Situated on more than two acres, the property offers endless possibilities for outdoor enjoyment, gardening, recreation, or future enhancements. While the home would benefit from cosmetic updates and renovation work, it presents an outstanding opportunity for buyers to add their own style and build equity in a truly special setting. Properties offering this combination of acreage, privacy, flexible living space, and potential are increasingly hard to find. Bring your vision and transform this hidden gem into the estate you’ve always imagined.
Under contract
$800,000
7317 Olive Tree Ct, Gaithersburg, MD 20879
4beds
3,084sqft
Single Family Residence
Built in 1994
2.05 Acres Lot
$815,600 Zestimate®
$259/sqft
$36/mo HOA
What's special
Spacious open-concept designSurrounded by mature treesVaulted ceilingsQuiet cul-de-sac
- 25 days |
- 914 |
- 36 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Simon Timm 646-639-5563,
Coldwell Banker Realty - Washington 2023876180
Source: Bright MLS,MLS#: MDMC2240246
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 1932
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Natural Gas
Appliances
- Included: Electric Water Heater
Features
- Basement: Finished
- Number of fireplaces: 1
Interior area
- Total structure area: 5,016
- Total interior livable area: 3,084 sqft
- Finished area above ground: 3,084
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Side, Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 2.05 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160102957666
- Zoning: RE1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Stone
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: On Site Septic
- Water: Public
Community & HOA
Community
- Subdivision: Brookefield
HOA
- Has HOA: Yes
- HOA fee: $427 annually
Location
- Region: Gaithersburg
Financial & listing details
- Price per square foot: $259/sqft
- Tax assessed value: $932,600
- Annual tax amount: $10,513
- Date on market: 6/12/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$815,600
$775,000 - $856,000
$4,305/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Contingent | $800,000$259/sqft |
Source: | ||
| 6/12/2026 | Listed for sale | $800,000+93.6%$259/sqft |
Source: | ||
| 5/6/1994 | Sold | $413,235$134/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,309 +7.8% | $841,233 +12.2% |
| 2024 | $8,632 +13.8% | $749,867 +13.9% |
| 2023 | $7,587 +6.7% | $658,500 +2.2% |
| 2022 | $7,109 +2.4% | $644,200 +2.3% |
| 2021 | $6,945 +2.3% | $629,900 +2.3% |
| 2020 | $6,791 +0% | $615,600 |
| 2019 | $6,788 -0.2% | $615,600 |
| 2018 | $6,801 -7.6% | $615,600 -5.1% |
| 2017 | $7,359 -2% | $648,900 +4% |
| 2016 | $7,513 | $624,000 +4.2% |
| 2015 | $7,513 | $599,100 +4.3% |
| 2014 | $7,513 | $574,200 |
| 2013 | -- | $574,200 |
| 2012 | -- | $574,200 -16.8% |
| 2011 | -- | $689,890 |
| 2010 | -- | $689,890 |
| 2009 | -- | $689,890 -20.9% |
| 2008 | -- | $872,530 +17.9% |
| 2007 | -- | $739,812 +21.9% |
| 2006 | -- | $607,096 +28% |
| 2005 | -- | $474,380 +9.9% |
| 2004 | -- | $431,542 |
| 2003 | -- | $431,542 +24.8% |
| 2002 | -- | $345,870 |
| 2001 | -- | $345,870 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 20879
Nearby schools
GreatSchools rating
- 4/10Judith A. Resnik Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Redland Middle SchoolGrades: 6-8Distance: 2.5 mi
- 5/10Col. Zadok Magruder High SchoolGrades: 9-12Distance: 3.4 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Maryland
- Montgomery County
- Gaithersburg
- 20879
- 7317 Olive Tree Ct




