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524 Coral Reef Dr , Gaithersburg, MD 20878
$500,000
Est. Payment: $2,661.21/mo
3 Bed
4 Bath
1660 Sqft
0.06 Acres
Status: active | Days on site: 1
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KWCP3 - 114974
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House Description

**OPEN HOUSE SATURDAY 11/14, 12-2PM!! JUST STOP BY!!****Ask about our aggressive buyer incentives.** Welcome home to this spacious 3-bedroom, 3.5-bath townhome in the desirable Park Summit community! Offering three finished levels, a large rear deck, updated finishes, and flexible living spaces, this home combines comfort, functionality, and an excellent location. The main level features hardwood flooring and a bright, open layout with plenty of natural light. The kitchen offers crisp white cabinetry, generous counter space, stainless steel appliances, and a convenient pass-through overlooking the adjoining living area. Just beyond the kitchen is a dedicated dining space, while the spacious living room features attractive crown molding, built-in shelving and cabinetry, recessed lighting, and direct access to the expansive rear deck. With plenty of room for outdoor dining, grilling, or relaxing, the deck extends the living space outdoors and overlooks a peaceful community setting. A convenient powder room completes the main level. Upstairs, new carpeting adds a fresh feel throughout the bedroom level. The generously sized primary suite features two closets, including a large walk-in closet, a ceiling fan, and a private en-suite bath with a glass-enclosed shower. Two additional bedrooms offer flexibility for family, guests, or a home office, and a second full bathroom serves the upper level. The finished lower level provides even more room to spread out with a large family room centered around a fireplace—perfect for movie nights, entertaining, a playroom, or a comfortable second gathering space. A new full bathroom adds convenience and makes the lower level even more versatile. The utility/laundry room provides additional storage and includes the washer and dryer. Park Summit residents enjoy a variety of community amenities, including an outdoor pool, tennis courts, tot lots/playgrounds, and scenic walking paths, along with direct access to Malcolm King Park. The community offers an inviting setting for recreation and everyday enjoyment while keeping you close to everything the area has to offer. Conveniently located near Rio, Downtown Crown, and the Kentlands, with easy access to shopping, dining, entertainment, major commuter routes, and the Shady Grove Metro. With three finished levels, 3 bedrooms, 3.5 baths, generous indoor and outdoor living spaces, and sought-after community amenities, this Park Summit townhome is ready to welcome its next owner! Schedule your showing today!

Highlights

Listed by Nathan Daniel Johnson , 7035949104 Keller Williams Capital Properties , 7039641290. Bright MLS

Property Type

Townhome

Lot/Acreage
0.06

HOA Fee

85 Monthly

Year Built

1989

County

Montgomery

Neighborhood

Park Summit Codm

School District

Montgomery County Public Schools

Listing ID

MDMC2258364

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
Air Cond:Central A/C,Ceiling Fan(s)
Fireplaces:1 Fireplace
Above Ground Sq Ft:1360
Below Ground Sq Ft:300
Basement:Fully Finished
Other:
  • ▪ Additional:Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Dining Area, Floor Plan - Open, Primary Bath(s)
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:R20
Others:
  • ▪ Additional:Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Common Area Maintenance, Reserve Funds, Management, Snow Removal, Trash
Sewer:Public Sewer
Parking Features:Off Street,Parking Lot

Open House

Upcoming Open Houses
Saturday 12:00 pm - 2:00 pm Nov 14
Principal Interest
$2,661
Taxes
$477
HOA
$85

Home Price

$500,000

Loan Details

30 yrs
7%

Down Payment

20%
$100,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,661.21

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,661.21 $476.67 $85.00 $3,222.88
Yearly $31,934.52 $5,720.00 $1,020.00 $38,674.52
Total $958,035.59 $171,600.00 $30,600.00 $1,160,235.59
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Gaithersburg, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS