See Home Value
Montgomery 20878
11601 LETTERMAN WAY
$835,000
● House - Off Market

11601 LETTERMAN WAY

GAITHERSBURG, MD 20878
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,740 Ft²
$4,790
Est. Monthly
$56
HOA / Fees

About This Property

Nestled at the end of a cul-de-sac in the charming Parkridge Estates community, this beautifully maintained 5-bedroom, 3.5-bath home offers a warm and inviting atmosphere paired with a thoughtfully designed layout. Fresh paint, hardwood floors, elegant crown molding, and abundant natural light create an airy and welcoming feel throughout the main level. The formal living room makes a stunning first impression, featuring expansive bay windows that overlook the front yard and fill the space with natural light. Just beyond, the formal dining room provides an elegant setting for memorable dinners and special occasions. At the heart of the home, the chef's kitchen boasts rich wood cabinetry, granite countertops, tiled floors and backsplash, gas cooking, and a sunlit breakfast area with sliding glass doors leading to the tree-lined rear deck, seamlessly blending indoor and outdoor living. The kitchen flows into the grand family room, where a cozy wood-burning fireplace with a tiled surround creates the perfect gathering space for relaxing evenings or entertaining guests. A well-appointed powder room completes the main level. Upstairs, the spacious owner's suite features a walk-in closet and a spa-inspired bath complete with dual vanities, a tiled walk-in shower, and a separate jetted tub overlooking serene mature tree views. Four additional generously sized bedrooms, each offering ample closet space, share a hallway bath with dual vanity and a tub/shower combo. A well-appointed laundry room on this level offers everyday convenience. The fully finished lower level offers exceptional versatility, featuring a spacious rec room that can easily accommodate a family room, kid's play area, media space, or guest quarters. An additional flex room is perfect for an in-home office, gym, or hobby space with a full bathroom nearby. Enjoy the outdoors on the impressive two-level rear deck, complete with built-in benches and a peaceful tree-lined backdrop. An attached two-car garage and extended driveway provide off-street parking for up to 6 vehicles! For added peace of mind, all windows in the home were replaced in 2025, and a transferable American Home Shield warranty valid through December 2026 conveys to the next owner. Conveniently located less than one mile from the Metropolitan Grove MARC Station with easy access to I-270, Frederick Avenue, and Quince Orchard Road, this home offers an unbeatable location close to Kentlands, Rio Washingtonian, Seneca Creek State Park with Clopper Lake and scenic trails, and Quince Orchard Plaza with endless shopping, dining, and entertainment options. Don't miss this!
Unit Size
4,740 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$176
Property Type
House
Property Taxes
$634
HOA Dues
$56
Year Built
1991

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Bright MLS #MDMC2232028)

Price History

Date / Event Date Event Price
Jun 26, 2026 Sold
Sold
May 19, 2026 In contract -
In contract
May 14, 2026 Listed by Keller Williams Capital Properties $835,000
Listed by Keller Williams Capital Properties
Dec 3, 1991 Sold
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 17
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,574
  • Total Building Area: 3,160
  • Gross Building Area: 3,160
  • Building Area: 3,160
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKRIDGE ESTATES
  • Land Acres: 0000000243
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: PARKRIDGE ESTATES

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700706

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: FT12
  • Account Number: 02794628
  • District: 09
  • Parcel: 09-02794628
  • Block: A
  • Lot: 40
  • Latitude: 39.1495
  • Longitude: -77.2387

    Address

  • Full Address: 11601 Letterman Way
  • Address - House Number: 11601
  • Address - Street Name: Letterman
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: C012
  • 4-Digit Zip Code: 1037
  • Zip Code: 20878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $610,470

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 829,153
  • High Value: 954,282
  • Low Value: 704,025

    Market Valuation

  • Market Total Value: $553,500
  • Market Land Value: $195,400
  • Market Improvement Value: $358,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $553,500
  • Assessed Land Value: $195,400
  • Assessed Improvements Value: $358,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 03, 1991
  • Current Sale Recording Date: Dec 03, 1991
  • Current Sale Price:
  • Current Sale Document Type: 27
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 Montgomery


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 337 Main Street, GAITHERSBURG, MD, 20878

$3,750 /mo

  • 3 Beds
  • 2 Baths
  • 2,600 ft²
337 Main Street, GAITHERSBURG, MD, 20878 Listing by Elaine S. Koch
Unit for rent at 8 Granite Place, GAITHERSBURG, MD, 20878

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,412 ft²
8 Granite Place #461, GAITHERSBURG, MD, 20878 Listing by Jerri D'Ann Melnick
Unit for rent at 27 Booth Street, GAITHERSBURG, MD, 20878

$2,495 /mo

  • 1 Bed
  • 1 Bath
  • 853 ft²
27 Booth Street #345, GAITHERSBURG, MD, 20878 Listing by Daniel J. Demers


Frequently Asked Questions

When was property at 11601 Letterman Way built and last sold?
The property at 11601 Letterman Way was built in 1991 and last sold on Dec 3, 1991 for $275,000.
How much is this home worth?
The estimated value of the home located at 11601 Letterman Way is $843,350.
What are some comparable homes to 11601 Letterman Way?
There are currently no comparable homes to 11601 Letterman Way.