See Home Value
Potomac 20854 Potomac
10111 IRON GATE ROAD
$3,700,000
● House - Off Market

10111 IRON GATE ROAD

POTOMAC, MD 20854
bedrooms
7 Beds
bathrooms
8 Baths, 4 Half Baths
square feet
14,222 Ft²
$22,347
Est. Monthly
0.91%
Cap Rate

About This Property

PRICE REDUCED!! Featured Property in Washington Post and Washingtonian. Opportunity to make a deal and call this spectacular property your home!

Originally Custom built by Mark Lerner, principal owner of Major League Baseball's Washington Nationals, with the highest quality commercial grade materials!

• Short stroll to Potomac Village

• Classical-contemporary, embassy style residence.

• Easy commute to DC & Northern VA

• Multi-million dollar renovation & expansion completed by the

home's original architect, JERRY HARPOLE, including extraordinary primary bed-

room suite on main level & unparalleled lower level

• Resort like estate situated on 2 + lush acres

• Sun Drenched Cheery Home

• Sophisticated infinity pool, picturesque patios & Terraces overlooking private yard

• Art Deco inspired commercial home movie theatre

• Elegant, flowing indoor outdoor living space

• Commercial bowling alley and AMF Score System

• Floor to Ceiling windows in each room unite scenic vistas with

interior creating a soft, warm atmosphere within the grand spacious floorplan

• Fitness room / Gym with panoramic views of the outdoors

• Spectacular commercial grade kitchen with top of line Gaggenau appliances

• Game room

• 7 Bedrooms, 5 on the main level, all ensuite, including the Primary bedroom wing addition

• Separate living area on an upper level for in law suite or guests, also perfect for Au Pair, includes a large family room, bedrooms, 2 full baths. Additional guest room with large bedroom plus full bath on lower level

• 8 Full bathrooms, 4 half bathrooms

• Commercial/industrial size walk in freezer and cooler

• 6 Garage Spaces

*Oversized 4 car garage with side entry and door leading into main level mudroom.

*Additional oversized 2 car garage with side entry

*Gated driveway leading to garages

• All the amenities to enjoy relaxing or entertaining!
Unit Size
14,222 Ft²
Days on Market
92 days
Land Size
2.08 acres
Price per sqft
$260
Property Type
House
Property Taxes
$4,179
HOA Dues
-
Year Built
1991

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Last updated: 2 years ago (Bright MLS #MDMC2117654)

Price History

Date / Event Date Event Price
Jun 5, 2025 Sold
Sold
Mar 6, 2025 In contract -
In contract
Feb 15, 2025 Price Decreased $3,995,000
↓ $205K (4.9%)
Price Decreased
Dec 7, 2024 Relisted $4,200,000
Relisted
Nov 30, 2024 In contract -
In contract
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 0
  • Bathroom Count: 11
  • Full Bathrooms: 9
  • Partial Bathrooms: 11
  • Building Condition: 6
  • Building Quality: 13
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,000
  • Garage Type: 10
  • Garage Square Area: 1,849
  • Parking Space Count: 6
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 90,605
  • Total Building Area: 12,222
  • Gross Building Area: 12,222
  • Building Area: 12,222
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 14,222
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMOTOP
  • Land Acres: 0000002080
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: CAMOTOP

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 706005

Zoning

  • Zoning: RE2

Geography

  • Assessors Map Reference: FP53
  • Account Number: 00863178
  • District: 10
  • Parcel: 10-00863178
  • Block: C
  • Lot: 3
  • Latitude: 39.0219
  • Longitude: -77.1969

    Address

  • Full Address: 10111 Iron Gate Rd
  • Address - House Number: 10111
  • Address - Street Name: Iron Gate
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Potomac
  • Carrier Code: C030
  • 4-Digit Zip Code: 4727
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,013,982

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 4,995,000
  • High Value: 7,266,771
  • Low Value: 2,723,228

    Market Valuation

  • Market Total Value: $4,293,400
  • Market Land Value: $753,200
  • Market Improvement Value: $3,540,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,293,400
  • Assessed Land Value: $753,200
  • Assessed Improvements Value: $3,540,200

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 04, 2005
  • Previous Sale Amount: $5,200,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Potomac


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Nearby Rentals

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$6,800 /mo

  • 5 Beds
  • 4 Baths
  • 5,463 ft²
9720 Holloway Hill Court, POTOMAC, MD, 20854 Listing by Lisa A Wallace
Unit for rent at 8566 Brickyard Road, POTOMAC, MD, 20854

$6,800 /mo

  • 5 Beds
  • 6 Baths
  • 5,320 ft²
8566 Brickyard Road, POTOMAC, MD, 20854 Listing by Shaila S Sharmeen


Frequently Asked Questions

When was property at 10111 Iron Gate Road built and last sold?
The property at 10111 Iron Gate Road was built in 1991 and last sold on Mar 1, 2021 for $3,700,000.
How much is this home worth?
The estimated value of the home located at 10111 Iron Gate Road is $0.
What are some comparable homes to 10111 Iron Gate Road?
There are currently no comparable homes to 10111 Iron Gate Road.