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328 RIDGE ROAD
About This Property
Tucked among mature trees and quiet paths, Washington Grove offers a setting that is increasingly rare. Spend your summers at the private lake with a lifeguard on duty, walk to the historic Town Hall, and explore the charming cottage style homes that give this town its storybook character. This is not just a place to live, but a place to belong.
Now introducing 328 Ridge Road, a newly built Caruso home completed in 2025 and never occupied, set on an expansive nearly half acre lot. Designed with modern living in mind, this Colonial offers a bright open layout with a spacious kitchen featuring a large center island, quartz countertops, and stainless steel appliances, all flowing seamlessly into the main living and dining areas. Luxury vinyl plank flooring runs throughout the main level, creating a clean and cohesive feel.
Upstairs, you will find four generously sized bedrooms, including a comfortable owner's suite with a walk in closet, along with the convenience of upper level laundry. The finished lower level adds valuable flexibility, complete with a full bathroom and an existing egress window, making it ideal for a potential fifth bedroom, guest space, or home office.
Since completion, the owners have thoughtfully enhanced the property with meaningful upgrades. Nearly 1,000 square feet of custom stone patio creates an exceptional outdoor living space for gatherings and quiet evenings. The expanded driveway allows for easier maneuvering and additional parking, while the newly installed cedar wood fence adds both privacy and warmth across the generous lot.
A water treatment system with UV filtration has been installed to support well water quality, offering added peace of mind.
With easy access to major commuter routes yet set within a quiet and distinctive community, this home offers a rare opportunity to enjoy modern construction on a spacious homesite in one of the most unique settings in Montgomery County.
Listing agent has an ownership interest in the property.
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Listed by RE/MAX Realty Group | $1,185,000 | |
| Listed by RE/MAX Realty Group | |||
| Dec 10, 2025 | Listed | $1,000,000 | |
| Listed | |||
| | |||
|
READY TO MOVE IN....A stunning brand-new CARUSO - built home perfectly situated on nearly half an acre of private land within the historic Washington Grove city limits. This elegant 4BR/3.5BA residence offers today’s finest smart-home features and high-end lifestyle upgrades throughout.
The chef’s kitchen showcases a striking waterfall island, quartz counters, and elite appliances, opening to a bright sunroom overlooking nature, an ideal space for both daily living and entertaining. A dedicated main-level office adds flexibility for remote work or study, blending productivity with comfort.
The open-concept floor plan flows beautifully from room to room, filled with natural light and modern elegance. A spacious basement allows the easy addition of a fifth bedroom or recreation area, while the two-car garage comes EV charger–ready. Built with a stone water table on all four sides, this home reflects timeless craftsmanship, energy efficiency, and thoughtful design.
Located within walking distance to the MARC train for a quick commute to DC, this home offers the perfect balance of convenience and serenity surrounded by nature, where peace meets modern living.
Agent/Owner. We went through the full historic-town approval process to make this new construction possible, something rarely achieved in Washington Grove. Built with care, quality, and every detail in mind. Custom built with high-end finishes and modern features. The home has never been lived in. Caruso Homes 2-10 warranty conveys to the new lucky owners.
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| Dec 7, 2025 | Price Decreased |
$1,000,000
↓ $100K
(9.1%) | |
| Price Decreased | |||
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About Redland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017