See Home Value
$899,900
● House - Off Market

302 PENWOOD ROAD

SILVER SPRING, MD 20901
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,478 Ft²
$4,937
Est. Monthly

About This Property

New Price! Discover a gem in the heart of coveted Woodmoor! This classic colonial home, owned by the same family for the last 61-years, has been expertly renovated from top to bottom within the past year to include all new plumbing, electrical, and HVAC. With modern elegance, preserving its historic neighborhood charm, this ideal home is located on one of Woodmoor's most desirable streets. With 5 bedrooms and 3 new full baths, each with WIFI & Bluetooth, 302 Penwood offers spacious and comfortable living. Every detail was meticulously designed and crafted with pride by a local master craftsman. On the main level, the covered entryway opens to a formal dining room with farmhouse lighting and a gracious living room featuring a masonry log burning fireplace. Through the living room, you will find a den/main level bedroom, perfect for multi-generational living/home office. This room has an en suite full bath with a walk-in-tiled shower, and porcelain tile floor. The 3 main level rooms have solid oak-stained flooring. Adjacent to the formal dining room is the beautiful and highly functional new kitchen which features granite countertops and backsplash, porcelain tile floors, custom cabinetry, including a floor to ceiling pantry. Under the kitchen cabinets you will appreciate lighting, concealed electrical strips and dimmable ceiling recessed lighting. Cook like a pro with the new GE Profile stainless steel appliances! On the upper level, you will find 4 generously sized bedrooms with solid cherry wood flooring and farmhouse lighting. All bedroom and linen closets are equipped with motion sensor lighting. The large bedroom at the rear of the house has a walk-in closet and enjoys a spectacular sweeping panoramic view of the beautifully landscaped wooded backyard. The full bath has a bathtub/shower combo with subway surround tiles, a decorative tiled wall with a glass niche, and porcelain tile flooring. All 3 levels have solid six-panel interior doors. Both main & upper levels have beautiful crown molding throughout. The fully finished lower level offers natural lighting with exterior windows and a doorway that exits to the attractively landscaped wooded backyard. Enjoy the lower level's luxury vinyl plank floors, dimmable recessed lighting, and accent wall sconces. This level is ideal for entertainment, home office, workout area, guest space, an optional sixth bedroom and has a 3rd full bath. A separate enclosed area dedicated to laundry with a new GE Profile washer & dryer makes laundry well-organized. Never run out of hot water with the new commercial grade tankless hot water heater! As you exit the lower level you will find attached to the home a 210 square foot dry, enclosed, secure storage room with shelving, lighting, and electric. The private, wooded backyard is a peaceful retreat with mature trees, flowering azaleas, a dedicated fire pit & a shaded lower stone terrace for outdoor dining & conversation. The side yard has a 10'x12' concrete slab - ideal for a future shed. This beautifully landscaped and hardscaped exterior corner lot will invite outdoor gatherings, relaxation, and a lifetime of memories. Walkable lifestyle! Stroll to top-rated schools, parks, creeks, trails, and the vibrant Woodmoor Shopping Center with local shops, a classic bakery, a grocer, dining, and dessert options. Commuters: easy access to the Beltway (495), Rte 29, and Rte 200 (ICC). Great proximity to Silver Spring, Forest Glen, & Wheaton Red Line Metro stops. Convenient bus lines on University Blvd and Rte 29. A 30 minute ride to Reagan National & BWI Airports. Community traditions are second-to-none in Woodmoor! Summer block parties, holiday decoration contests, youth sports, local fields & more. An unbelievable opportunity! Own a meticulously renovated, move-in-ready home in one of the DMV area's most sought-after neighborhoods. Don't miss your chance to own a piece of Woodmoor history with all the comforts of today!
Unit Size
2,478 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$363
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1945

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Last updated: 9 months ago (Bright MLS #MDMC2196796)

Price History

Date / Event Date Event Price
Feb 9, 2026 Sold
Sold
Jan 13, 2026 In contract -
In contract
Dec 14, 2025 Price Decreased $899,900
↓ $25K (2.7%)
Price Decreased
Nov 21, 2025 Price Decreased $924,900
↓ $25K (2.6%)
Price Decreased
Oct 24, 2025 Listed by Real Broker, LLC $949,900
Listed by Real Broker, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,160
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN SPRING
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: INDIAN SPRING VILLAG E SEC 2

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 702102

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: JP52
  • Account Number: 01220761
  • District: 13
  • Section: 2
  • Parcel: 13-01220761
  • Block: 9
  • Lot: 25
  • Latitude: 39.0203
  • Longitude: -77.003

    Address

  • Full Address: 302 Penwood Rd
  • Address - House Number: 302
  • Address - Street Name: Penwood
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C025
  • 4-Digit Zip Code: 2716
  • Zip Code: 20901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $532,102

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 657,480
  • High Value: 751,712
  • Low Value: 563,249

    Market Valuation

  • Market Total Value: $499,000
  • Market Land Value: $259,700
  • Market Improvement Value: $239,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,333

    Exemptions

  • Homeowner Exemption: Yes
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 Silver Spring


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Frequently Asked Questions

When was property at 302 Penwood Road built and last sold?
The property at 302 Penwood Road was built in 1945 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 302 Penwood Road is $908,899.
What are some comparable homes to 302 Penwood Road?
There are currently no comparable homes to 302 Penwood Road.