63
Map
$550,000
●
House -
In Contract
1306 FAIRLAKES PLACE
BOWIE, MD 20721
4 Beds
3 Baths,
1
Half Bath
1,616 Ft²
$3,239
Est. Monthly
$23
HOA / Fees
About This Property
🏡 **Welcome to 1306 Fairlakes Pl!**
This beautifully renovated **4 bedroom, 3.5 bathroom home** is move in ready and located in one of the area's most desirable communities. Recently **remodeled from top to bottom**, this home offers updated finishes, a fresh modern feel, spacious living areas, and plenty of room for the whole family.
🍳 At the heart of the home is the **oversized kitchen**, offering plenty of counter space, cabinetry, and room to cook, gather, and entertain.
🔥 Cozy up around the **real fireplace**, adding warmth and character to the home and creating the perfect spot to relax with family or entertain guests.
🚗 The home also features a **spacious two car garage** with plenty of room for parking, storage, tools, bikes, and more.
🌳 Step outside and enjoy the **spacious front and backyard**, perfect for cookouts, entertaining, kids, pets, or simply relaxing at home.
💰 One of the best parts is the incredibly low HOA cost of approximately **$23 a month or only $276 annually**, especially considering everything the community has to offer.
🏊 Community Pool
🌊 Scenic Lake
🎾 Tennis Courts
🏀 Basketball Courts
🛝 Playground
🌳 Plenty of outdoor recreation
📍 **Location, location, location!** Enjoy a great Bowie location with convenient access to shopping, dining, parks, entertainment, and major commuter routes. Spend the day shopping and dining at Bowie Town Center, enjoy the trails, pond, playgrounds, sports areas, skate park, and ice arena at Allen Pond Park, or catch a baseball game at the home of the Chesapeake Baysox Baseball Club. Bowie also offers miles of hiking and biking trails, recreation, entertainment, and plenty to do throughout the year.
✨ If you've been looking for a **renovated 4 bedroom home with 3.5 bathrooms, an oversized kitchen, real fireplace, spacious two car garage, large yard, low HOA, community pool, lake, tennis courts, basketball courts, playground, and a convenient Bowie location**, this is one you don't want to miss.
📍 **1306 Fairlakes Pl**
🔑 Beautifully updated, move in ready, and ready for its next owner.
📲 **Schedule your private tour today!**
This beautifully renovated **4 bedroom, 3.5 bathroom home** is move in ready and located in one of the area's most desirable communities. Recently **remodeled from top to bottom**, this home offers updated finishes, a fresh modern feel, spacious living areas, and plenty of room for the whole family.
🍳 At the heart of the home is the **oversized kitchen**, offering plenty of counter space, cabinetry, and room to cook, gather, and entertain.
🔥 Cozy up around the **real fireplace**, adding warmth and character to the home and creating the perfect spot to relax with family or entertain guests.
🚗 The home also features a **spacious two car garage** with plenty of room for parking, storage, tools, bikes, and more.
🌳 Step outside and enjoy the **spacious front and backyard**, perfect for cookouts, entertaining, kids, pets, or simply relaxing at home.
💰 One of the best parts is the incredibly low HOA cost of approximately **$23 a month or only $276 annually**, especially considering everything the community has to offer.
🏊 Community Pool
🌊 Scenic Lake
🎾 Tennis Courts
🏀 Basketball Courts
🛝 Playground
🌳 Plenty of outdoor recreation
📍 **Location, location, location!** Enjoy a great Bowie location with convenient access to shopping, dining, parks, entertainment, and major commuter routes. Spend the day shopping and dining at Bowie Town Center, enjoy the trails, pond, playgrounds, sports areas, skate park, and ice arena at Allen Pond Park, or catch a baseball game at the home of the Chesapeake Baysox Baseball Club. Bowie also offers miles of hiking and biking trails, recreation, entertainment, and plenty to do throughout the year.
✨ If you've been looking for a **renovated 4 bedroom home with 3.5 bathrooms, an oversized kitchen, real fireplace, spacious two car garage, large yard, low HOA, community pool, lake, tennis courts, basketball courts, playground, and a convenient Bowie location**, this is one you don't want to miss.
📍 **1306 Fairlakes Pl**
🔑 Beautifully updated, move in ready, and ready for its next owner.
📲 **Schedule your private tour today!**
Unit Size
1,616 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$340
Property Type
House
Property Taxes
$515
HOA Dues
$23
Year Built
1988
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 22 days ago (Bright MLS #MDPG2212576)
Price History
Property Highlights
Air Conditioning
Fireplace
Parking Available
Garage
Parking Details
Has Garage
Parking Features: Off Street, Attached, Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Breakfast Bar, Eat-in Kitchen, Kitchen - Table Space, Dining Area, Primary Bath(s), Floor Plan - Traditional
Appliances: Washer/Dryer
Door Features: Sliding Glass
Has Fireplace
Fireplace Features: Mantel(s)
Fireplaces: 1
Basement: Other
Exterior Details
Square Footage: 1616
Square Footage Source: $0
Architectural Style: Colonial
Year Built Source: Assessor
Year Built: 1988
Building Name: ARBOR VIEW HOA
Levels: 3
Other Structures: Above Grade, Below Grade
Construction Materials: Brick, Combination
Patio and Porch Features: Porch
Lot Features: Cleared
Lot Size Area: 10344
Lot Size Units: Square Feet
Lot Size Acres: 0.24
Lot Size Square Feet: 10344
Tax Lot: 13
Water Source: Public
Financial Details
Tax Assessed Value: $459,500
Tax Annual Amount: $6,184
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump(s)
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Management, Other
HOA/Condo/Coop Amenities: Basketball Court, Maintenance Grounds, Playground, Jog/Walk Path
HOA Fee: $276
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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HOA + Taxes
About Lake Arbor
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Listed by: Yoel Adonis Ramos
Douglas Realty LLC
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# MDPG2212576
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. 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. Copyright 2026 Bright MLS, Inc.
Douglas Realty LLC
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# MDPG2212576
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017