- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes
$874,900
Monthly Est:$4,355
3 Beds
- 4 Baths
2 full baths + 2 half baths
3,100sqft
542 Market St E, Gaithersburg, MD 20878
$874,900
$4,355/moEst:
Get Pre-Approved
Townhouse
Built in 2003
$135/mo HOA
1,900 sqft lot
$282/sq.ft
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.
- Houzeo last checked: 1 hour ago
- Listing updated: October 9, 2026 at 7:17 am
- Listing Provided by: Tina Nader (301) 633-4309 | TTR Sotheby's International Realty (301) 615-3000
- Source: Bright MLS-NJ | MLS#: MDMC2258146

Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
2003
HOA Fees
$135/mo
Finished Area
3,100 sqft
Lot Size
1,900 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
MDMC2258146
MLS Status
ACTIVE-BRIGHT
Days on Market
2

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
HOA Management
N/A
HOA Fees
$135/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Common Area
Tennis
Trash Pickup
Pool
Basket Ball
Snow Removal
Club House
Gym
Health Club
Park Playground
Lake
Common Area Maintenance
Recreation Facility
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 4
Interior
Cooling
Other
Heating
Forced Air, Heat Pump(s), Zoned
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
Sewer
Public Sewer
Flooring
Ceramic Tile, Hardwood, Carpet
Appliances
Built In Microwave, Cooktop, Dishwasher, Disposal, Dryer Electric, Exhaust Fan, Icemaker, Oven Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Construction
Year Built
Year Built: 2003
Home type
Townhouse
Roof
Asphalt
Construction Materials
Vinyl Siding
Foundation Details
Permanent
Architectural Style
Colonial
Property Condition
Excellent
Utilities & Energy
Water Source
Public
Association Amenities
Basketball Courts, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Lake, Party Room, Pool Outdoor, Tennis Courts, Tot Lots/playground
Basement
Fully Finished, Improved, Sump Pump
Fireplace Features
Corner, Fireplace Glass Doors, Gas/propane
Other Features
Subdivision Name
Lakelands
Price History
| Date | Event | Price |
|---|---|---|
10/08/2026 Source: | Listed for Sale | $874,900 $282/sqft |
10/03/2026 Source: | Coming Soon | $874,900 $282/sqft |
Nearby Homes
Find Homes by Property Features in Gaithersburg, MD
Based on information from Bright MLS through Oct 09, 2026, 12:00PM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
Advertising Broker: Joe Hawkins | Hawkins Real Estate Services














