See Home Value
Olney 20832
3358 MEGANS WAY
$860,000
● House - Off Market

3358 MEGANS WAY

OLNEY, MD 20832
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,784 Ft²
$5,052
Est. Monthly
$124
HOA / Fees

About This Property

4-bedroom, 3.5-bath Colonial, perfectly situated on one of the largest lots in the highly sought-after Hallowell community in Olney, Maryland. Meticulously updated inside and out, this spacious home combines timeless elegance with today's most desirable amenities.

Elegant Main Level

Designed for both everyday living and entertaining, the main level features:

Formal living room

Elegant formal dining room

Spacious family room with a cozy fireplace

Private home office-ideal for working remotely

Beautifully updated kitchen with:

White quartz countertops

Stainless steel appliances

New luxury vinyl flooring

New deep double bowl sink and updated facet

Convenient laundry/mud room

Updated powder room

Exceptional Recent Improvements

2026 Upgrades Include:

Brand-new roof with remote-controlled skylights

New asphalt driveway

Fresh Benjamin Moore paint throughout the entire home

New carpeting in three bedrooms

Hardwood flooring throughout the main living areas

New luxury vinyl flooring in the kitchen, laundry room, and powder room

Updated bathroom sink facets and fixtures

New lighting

New blinds (all convey)

Professionally designed landscaping

New outdoor lighting

New front walkway

Spacious new rear deck-perfect for entertaining family and friends

Fully fenced backyard offering privacy and room to play

Recently renovated garage featuring additional storage, plus an extra refrigerator and freezer that convey with the home

Incredible Finished Lower Level

The fully finished basement provides an abundance of additional living space and outstanding flexibility, making it ideal for entertaining, extended family, or multigenerational living.

Features include:

Spacious TV viewing and recreation area

Wet bar with refrigerator

Dedicated exercise/workout area

Full bathroom

Multiple storage rooms

Excellent potential for an in-law or guest suite

Community Amenities

Enjoy everything Hallowell has to offer with a low HOA fee, including:

Community swimming pool membership

Scenic neighborhood pond

Walking and biking trails

Parks and open green spaces

Convenient access to Chesterbrook Academy Preschool

Prime Olney Location

Hallowell is one of Olney's most desirable neighborhoods, known for its welcoming community, mature trees, scenic surroundings, and convenient access to shopping, restaurants, parks, recreation, and major commuter routes throughout Montgomery County and the Washington, D.C. metropolitan area.

Whether you're entertaining on the expansive new deck, enjoying peaceful walks around the neighborhood pond, relaxing by the fireplace, working from your private home office, or taking advantage of the versatile finished lower level, this home offers the space, comfort, and lifestyle today's buyers are looking for.
Unit Size
2,784 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$313
Property Type
House
Property Taxes
$656
HOA Dues
$124
Year Built
1986

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Last updated: 16 days ago (Bright MLS #MDMC2251806)

Price History

Date / Event Date Event Price
Sep 18, 2026 Sold
Sold
Sep 4, 2026 In contract -
In contract
Aug 21, 2026 Listed by EXP Realty, LLC $870,000
Listed by EXP Realty, LLC
Jan 3, 1996 Sold
Sold
May 17, 1994 Sold
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • 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: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,225
  • Total Building Area: 2,784
  • Gross Building Area: 2,784
  • Building Area: 2,784
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,784
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HALLOWELL
  • Land Acres: 0000000327
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: HALLOWELL

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701314

Zoning

  • Zoning: RE2

Geography

  • Assessors Map Reference: HT51
  • Account Number: 02568010
  • District: 08
  • Parcel: 08-02568010
  • Block: A
  • Lot: 54
  • Latitude: 39.1421
  • Longitude: -77.0662

    Address

  • Full Address: 3358 Megans Way
  • Address - House Number: 3358
  • Address - Street Name: Megans
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Olney
  • Carrier Code: R009
  • 4-Digit Zip Code: 2529
  • Zip Code: 20832

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $631,554

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 788,788
  • High Value: 901,839
  • Low Value: 675,737

    Market Valuation

  • Market Total Value: $571,800
  • Market Land Value: $273,000
  • Market Improvement Value: $298,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $571,800
  • Assessed Land Value: $273,000
  • Assessed Improvements Value: $298,800

    Sales

  • Current Sale Recording Date: Jan 03, 1996
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 062098
  • Previous Sale Recording Date: May 17, 1994
  • Previous Sale Amount: $276,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
  • Previous Mortgage Transaction Date:
  • Previous Mortgage Loan Amount:
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 Olney


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Nearby Rentals

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3030 Ohara Place, OLNEY, MD, 20832 Listing by Marcia U Jackson
Unit for rent at 4663 Weston Place, OLNEY, MD, 20832

$3,500 /mo

  • 3 Beds
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  • 2,330 ft²
4663 Weston Place, OLNEY, MD, 20832 Listing by James Michael Ricciuti
Unit for rent at 3616 Summer House Street, SILVER SPRING, MD, 20906

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,240 ft²
3616 Summer House Street, SILVER SPRING, MD, 20906 Listing by David S. Goldberg


Frequently Asked Questions

When was property at 3358 Megans Way built and last sold?
The property at 3358 Megans Way was built in 1986 and last sold on Jan 1, 1970 for $249,900.
How much is this home worth?
The estimated value of the home located at 3358 Megans Way is $872,337.
What are some comparable homes to 3358 Megans Way?
There are currently no comparable homes to 3358 Megans Way.