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MLS: #MDMC2244124, Listed By: Lixin Yin, Libra Realty, LLC, Source:Bright MLS

540 Palmtree Drive

GAITHERSBURG, MD 20878
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Bed 3

Bed

Bath 3

Bath

SqFt1,582

Sqft

Acres0.03

Acre(Lot)

Huge price reduction! Seller reserves the right to reject any offer. New HVAC system 2026, new roof 2022, two fully renovated bathrooms 2026, stainless steel refrigerator 2023, and new electric range, externally vented range hood, and dryer 2026. Deck board 2024. Welcome to this beautifully maintained townhome filled with abundant natural light and designed for comfortable everyday living. Freshly painted throughout and featuring high-quality luxury LVP flooring across all three levels, this home offers a highly desirable floor plan with thoughtful updates throughout. The renovated kitchen showcases brand-new white shaker cabinetry, elegant quartz countertops, and modern LED lighting. The bright living room opens to a semi fenced front deck courtyard—perfect for morning coffee, outdoor dining, or relaxing in your private oasis. Newly carpeted stairs lead to the second level, featuring two spacious secondary bedrooms, a convenient laundry room, and a beautifully renovated full tub-bath. The entire upper level serves as your private primary suite—a brilliant, light-filled retreat that boasts a large walk-in closet and a newly renovated en-suite bath featuring a beautifully tiled walk-in shower with a frameless glass enclosure. Enjoy community amenities just a short walk away, including a pool, tennis courts, playground, and open green spaces. Abundant parking is available throughout the Park Summit community, with plenty of convenient on- and off-street parking spaces for residents and guests. Ideally situated minutes from I-270, the ICC, and Shady Grove Metro, offering effortless access to premier shopping, dining, and entertainment at RIO and Downtown Crown. Seller intends to complete a 1031 tax-deferred exchange. Buyer agrees to cooperate with the exchange at no cost or liability to the Buyer.

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Detail Ic Property Details

Property Type : Residential

Price : $400,000

AD Id : 88162709

MLS Id : MDMC2244124

Beds : 3

Lot Size : 0.03 Acre

Living Area Size : 1,582

Tax Amount : 4493.00

Year Built : 1986

County : MONTGOMERY

Subdivision: Park Summit Codm

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1

    Room Information

    Has Basement: Yes Basement: Finished
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1986 Building Area Total: 1582 Construction Materials: Vinyl Siding Pool Features: None Private Pool: No Association Fee Frequency: Monthly

  • Lot Information

    Lot Size Acres: 0.03 Lot Size Source: Estimated Lot Size Square Feet: 1200

    Property Information

    Subdivision: PARK SUMMIT CODM Source Property Type: Residential Postal Code Plus 4: 2930 Property SubType: Townhouse Levels: Three Or More Property Age: 40

  • Listing Price Information

    Listing Price: $400000

  • Tax Information

    Parcel Number: 160902435375 Tax Year: 2026 Annual Tax: $4493

  • Parking Information

    Off Street, On Street, Parking Lot

    Garage Information

    Pets Allowed: Yes
    Homeowners Association Information
    Has Association: Yes HOA: $110.00

  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9423 Fields Road, Gaithersburg, MD, 20878 $685,000 3 3 2,180 0.04 Acre
101 Stowe Drive, Gaithersburg, MD, 20878 $849,000 3 4 1,842 0.04 Acre
117 Stowe Drive, Gaithersburg, MD, 20878 $849,000 3 5 1,842 0.04 Acre
122 Dickenson Drive, Gaithersburg, MD, 20878 $945,000 3 5 2,679 0.03 Acre
9756 Athletic Way, Gaithersburg, MD, 20878 $774,900 4 3 2,045 0.02 Acre
310 Crown Park Avenue, Gaithersburg, MD, 20878 $1,175,000 4 5 3,480 0.05 Acre
123 Copley Circle #35-A, Gaithersburg, MD, 20878 $559,000 3 3 1,707 --
9 Prairie Rose Court #9-5, Gaithersburg, MD, 20878 $450,000 3 4 1,220 --
410 Curry Ford Lane, Gaithersburg, MD, 20878 $530,000 3 3 1,714 0.05 Acre
120 Gold Kettle Drive, Gaithersburg, MD, 20878 $519,000 4 4 1,280 0.05 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 09/07/2026 @ 01:18

MLS: MDMC2244124 LISTED BY: Lixin Yin, Libra Realty, LLC 301-972-5588 SOURCE: Bright MLS

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