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Back 272/23 Arch Place
Off Market

272/23 Arch Place

Gaithersburg MD 20878

3
2
2
1624 sq. ft.
Condo
Last sold for $490,000
Delilah DaneDelilah Dane, last sold this property on 30 June 2023 after 42 days on market.

Overview

Welcome to your stunning 3-bedroom, two full bath condo in the much sought-after community of The Colonnade in Kentlands Gaithersburg! This building is badge access only, with a gated garage ensuring your safety. This gorgeous end unit condo boasts 1624 square feet of sun-filled space to live and relax in style. The modern design, elegant finishes, and location make this home a rare find. The unit is perfectly situated between an elevator and a stairwell and above the building's library thus allowing for quiet living without direct neighbors. All community amenities are also housed within the same building. You can cancel that gym membership as you are two doors away from the 2-story state-of-the-art gym and 1 level above the sauna, which is open all year around. The community pool is also 1 level below this unit, along with the clubhouse which hosts a bar, pool table, TVs, and games. Also, two doors over from this unit is the movie theater. Step inside the condo to discover a bright and airy living space by first encountering the foyer with crown and chair molding. From there, you could either step left, which takes you to your master bedroom and attached bath, or turn right to enter the open space concept living area with kitchen (2022- new dishwasher), dining room, and living room with all spaces embellished with crown molding and chair molding. Beyond the living area, you will find the remaining two rooms and a bathroom. One of these rooms makes up the corner of the building and thus has large windows on 2 of the four walls making for a great home office or extra bedroom. Also, be sure to open closets and pantry to take note of how large they are. In-unit laundry with a new washing machine (2022) is situated in a laundry closet. The condo also has a long balcony which has access from the master bedroom and the dining room. This unit also comes with two deeded parking spaces in the gated garage making for safe parking and access to the building. Aside from all the amenities at your fingertips, the condo is perfectly situated in the Kentlands. You are within walking distance to restaurants, movie theater, Whole Foods, Lowe's, Giant, Starbucks, CVS etc. This condo's unbeatable location makes it the perfect place to call home.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1624 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Gaithersburg over the last 12 months, the estimated median property value of 272/23 Arch Place is $517k.

Median value
$517k
Estimated value range
$212.9k - $750k
Median days on market
31
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Gaithersburg. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 272/23 Arch Place

2023
Sold
$490,000
30 Jun 2023 by Delilah Dane, of Redfin Corp
2021
Sold
$410,000
08 Jun 2021 by Nikolas Groshans-Lozada, of NextHome Envision

Happy sellers in Gaithersburg

94%
94% of sellers in Gaithersburg reported that their sale price either exceeded or met their price expectations.

Gaithersburg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Gaithersburg over the last 12 months.

Local market activity for 3 bedroom condos in Gaithersburg

In the last 12 months, 48 three-bedroom condos similar to 272/23 Arch Place, have been sold.

This represents a 15% increase in three-bedroom condos sales when compared to the previous 12 months.

Nearby agents

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Ellie Hitt

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Vicki Robinson

Vicki Robinson is a recommended agent for Gaithersburg.  They have 2 local sales and collected 1 local review across the last 12 months.

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