Cell: (667) 441-0584 | Office:(410) 697-8100
Bill Marvelis

542 Market Street E, Gaithersburg, MD 20878

$874,900
  • 542 Market Street E, Gaithersburg, MD 20878 Main Photo

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BEDS3 BATHS2 full 2 partial SQUARE FEET3,100 MLS#MDMC2258146
STATUSACTIVE PROPERTY TYPEResidential - Townhouse SUBDIVISIONLAKELANDS SCHOOLMONTGOMERY COUNTY PUBLIC SCHOOLS

Property Description

Four levels, beautiful updates, and exceptional flexibility in the heart of the Lakelands. Welcome to 542 Market Street East, a move-in ready Tarquin townhome offering three bedrooms plus a spacious fourth level ideal as a fourth bedroom or private retreat, two full and two half baths, a finished lower level with two bonus rooms, a deck, and a detached two-car garage. Hardwood floors, refinished and custom stained in 2025, set the tone on the main level, where abundant natural light meets beautiful architectural details including crown molding, columns, wainscoting, and tray ceilings. The separate dining room is perfect for entertaining, and the family room with gas fireplace opens naturally to the spacious eat-in kitchen. It features 42-inch white cabinetry, granite countertops, a center island, pantry, gas cooktop, wall oven, built-in microwave, and stainless steel appliances, including a new LG refrigerator (2025) and Bosch dishwasher (2021). Upstairs, new carpet installed in 2024 leads to the primary suite, with two walk-in closets and a bath with soaking tub, double vanity, and frameless glass shower. Custom closet systems and built-ins throughout provide exceptional storage. The fourth level is what truly sets this home apart. Finished with luxury vinyl plank flooring, it's a private, versatile space that works as a fourth bedroom, guest retreat, home office, media room, or additional living area. The finished lower level adds recreation space, room for a gym or office, a powder room, laundry, and storage. Recent improvements include nine custom Vytex Fortis replacement windows (2023), an upper-zone Bryant heat pump (2022), and approximately $15,000 in custom built-ins and closet systems. Even the detached two-car garage stands out, with a commercial diamond-ground polyaspartic flake epoxy floor completed in April 2023 and an extensive slat wall organization system. Enjoy the deck and Lakelands amenities including pools, fitness facilities, a clubhouse, tennis and basketball courts, and playgrounds. Beautifully updated, thoughtfully maintained, and truly move-in ready. Simply unpack, settle in, and enjoy the Lakelands lifestyle.

542 Market Street E | MLS# MDMC2258146

This townhouse located at 542 Market Street E, Gaithersburg, MD 20878 is currently listed for sale with an asking price of $874,900. This property was built in 2003 and has 3 bedrooms and 2 full and 2 partial baths with 3100 sq. ft. Market Street E is located in the LAKELANDS subdivision within the MONTGOMERY COUNTY PUBLIC SCHOOLS school district. Search LAKELANDS real estate on www.marvelishomes.com today.

Upcoming Open Houses

Open House Sunday October 11th, 1:00pm - 3:00pm

Property Features

Property Type: Residential - Townhouse
Basement: Yes
Basement: Fully Finished, Improved, Sump Pump
Fireplaces: 1
Fuel Type: Electric, Natural Gas
Garage: 2
Heating: Forced Air, Heat Pump(s), Zoned
Home Style: Colonial
Lot Size: 0.04 Acres
Roof Type: Asphalt
Stories: 4.0
Taxes: $8,972
Year Built: 2003

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Community Amenities: Basketball Courts, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Lake, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
Exterior: Vinyl Siding
Fireplace: Corner, Fireplace - Glass Doors, Gas/Propane
Flooring: Ceramic Tile, Hardwood, Carpet
HOA Fee: $135.00/Monthly
Interior: 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
Lot Dimensions: 0.04 Acre(S)
Municipality: Gaithersburg
Parking Notes: 2 Total Parking Spaces
Pet Restrictions: No Pet Restrictions
Rooms: Loft
Sewer: Public Sewer
SQFT Above Finished: 2400
SQFT Below Finished: 700
SQFT Total Finished: 3100
Structure Type: Interior Row/Townhouse
Total Garage/Parking Spaces: 2
Water: Public

Local Schools

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: TTR Sotheby's International Realty
Agency Phone: 3016153000

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Estimated Payment

$ 2,949.99 per month $1,947.15 Principal & Interest $747.67 Property Tax $255.18 Homeowner's Insurance

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