542 MARKET ST E Gaithersburg, MD 20878
3 Beds
4 Baths
3,100 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $282
Subdivision Lakelands
MLS Listing ID MDMC2258146
Style Colonial
Bedrooms 3
Full Baths 2
Half Baths 2
HOA Fees $135/mo
HOA Y/N Y
Abv Grd Liv Area 2,400
Year Built 2003
Available Date 2026-10-09
Annual Tax Amount $8,972
Tax Year 2026
Lot Size 1,900 Sqft
Acres 0.04
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Main level: The hardwood floors were refinished with a custom stain in 2025. The rooms are bright, with crown molding, columns, wainscoting, and tray ceilings. The family room has a gas fireplace and opens to the eat-in kitchen, which has an island, granite counters, 42" white cabinets, a gas cooktop, a wall oven, and a pantry. Stainless appliances include a new LG refrigerator (2025) and a Bosch dishwasher (2021). A formal dining room gives you a separate space for dinners and holidays.
Bedroom level: The primary suite has two walk-in closets and a bath with a soaking tub, a frameless glass shower, and a double vanity. Two more bedrooms and a full hall bath complete this level. New carpet was installed in 2024.
Top-floor loft: This private level has vaulted ceilings, a dormer window, a ceiling fan, luxury vinyl plank flooring, a full wardrobe, and attic storage behind its own door. It's currently used as a bedroom. Frame a wall along the stair railing and add a door, with permits, and it becomes a fully enclosed 4th bedroom on its own floor.
Lower level: Two private bonus rooms, each with a door, plus a half bath and laundry. One is set up as a guest room with a queen bed and a ceiling fan. The other works as a home office, gym, or den.
Recent improvements:
Nine new Vytex Fortis windows (2023)
Upper-zone Bryant heat pump (2022)
About $15K in custom built-ins and closet systems
Garage with professional epoxy floor and full slat-wall storage (about $3,000)
Outside, the deck is set up for morning coffee or evening grilling. Lakelands amenities include pools, a clubhouse, fitness facilities, tennis and basketball courts, and playgrounds.
The seller is offering a $10K incentive toward an interest rate buydown to help lower your monthly payment.
Location
State MD
County Montgomery
Zoning MXD
Rooms
Other Rooms Loft
Basement Fully Finished, Improved, Sump Pump
Interior
Interior Features Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors
Hot Water Natural Gas
Heating Forced Air, Heat Pump(s), Zoned
Cooling Other
Flooring Ceramic Tile, Hardwood, Carpet
Fireplaces Number 1
Fireplaces Type Corner, Fireplace - Glass Doors, Gas/Propane
Equipment Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Fireplace Y
Appliance Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Heat Source Electric, Natural Gas
Laundry Lower Floor
Exterior
Parking Features Garage Door Opener
Garage Spaces 2.0
Amenities Available Basketball Courts, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Lake, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
Water Access N
Roof Type Asphalt
Accessibility None
Total Parking Spaces 2
Garage Y
Private Pool Yes
Building
Story 4
Foundation Permanent
Above Ground Finished SqFt 2400
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 4
Additional Building Above Grade, Below Grade
Structure Type Tray Ceilings
New Construction N
Schools
School District Montgomery County Public Schools
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Pool(s),Recreation Facility,Snow Removal,Trash
Senior Community No
Tax ID 160903324506
Ownership Fee Simple
SqFt Source 3100
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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