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Fairland 20904 Fairland
2704 MARTELLO DRIVE
$1,195,000
● House - Off Market

2704 MARTELLO DRIVE

SILVER SPRING, MD 20904
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
7,150 Ft²
$7,051
Est. Monthly

About This Property

A rare, move-in-ready opportunity that seamlessly blends lifestyle and income potential! This beautifully maintained home features a Montgomery County–authorized basement registered as a school, creating an instant, income-producing setup for buyers looking to operate a daycare, preschool, tutoring center, learning pod, after-school program, or private instruction space-with county approval already in place. The home offers exceptional livability with a main-level owner's suite featuring a walk-in closet and full en-suite bathroom, while every bedroom includes its own private bathroom-providing unmatched convenience and privacy. The property shines with fresh wall-to-wall paint, modern recessed lighting complemented by elegant cabinet lighting, and a fairly recently replaced HVAC system, offering comfort, efficiency, and peace of mind. Whether you're an owner-occupant entrepreneur, investor, or educator seeking a turnkey solution, this property delivers flexibility, functionality, and immediate upside-all in a prime Silver Spring location. Opportunities like this don't come often!
Unit Size
7,150 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$167
Property Type
House
Property Taxes
$1,183
HOA Dues
-
Year Built
2012

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Last updated: 6 months ago (Bright MLS #MDMC2210748)

Price History

Date / Event Date Event Price
Apr 17, 2026 Sold
Sold
Mar 10, 2026 In contract -
In contract
Feb 12, 2026 Price Decreased $1,195,000
↓ $40K (3.2%)
Price Decreased
Jan 29, 2026 Price Decreased $1,235,000
↓ $15K (1.2%)
Price Decreased
Jan 1, 2026 Listed by Douglas Realty LLC $1,250,000
Listed by Douglas Realty LLC
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Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,900
  • Garage Type: 1
  • Garage Square Area: 641
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,523
  • Total Building Area: 5,250
  • Gross Building Area: 5,250
  • Building Area: 5,250
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 7,150
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALLEY VIEW SEC 1
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: VALLEY VIEW SEC 1

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701414

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: KR42
  • Account Number: 02542766
  • District: 05
  • Section: 1
  • Parcel: 05-02542766
  • Block: B
  • Lot: 8
  • Latitude: 39.0824
  • Longitude: -76.9554

    Address

  • Full Address: 2704 Martello Dr
  • Address - House Number: 2704
  • Address - Street Name: Martello
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C016
  • 4-Digit Zip Code: 4533
  • Zip Code: 20904

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,104,038

    Appraisal Valuation

  • Standard Deviation: 0.1326
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 1,281,766
  • High Value: 1,451,757
  • Low Value: 1,111,774

    Market Valuation

  • Market Total Value: $960,000
  • Market Land Value: $237,400
  • Market Improvement Value: $722,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $960,000
  • Assessed Land Value: $237,400
  • Assessed Improvements Value: $722,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 20, 2014
  • Current Sale Recording Date: Apr 02, 2014
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 25, 2001
  • Previous Sale Amount: $265,000
  • Previous 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 Fairland


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Frequently Asked Questions

When was property at 2704 Martello Drive built and last sold?
The property at 2704 Martello Drive was built in 2012 and last sold on Mar 20, 2014 for $450,000.
How much is this home worth?
The estimated value of the home located at 2704 Martello Drive is $0.
What are some comparable homes to 2704 Martello Drive?
There are currently no comparable homes to 2704 Martello Drive.