See Home Value
$1,690,000
● House - Off Market

7201 MASTERS DR

POTOMAC, MD 20854
bedrooms
5 Beds
bathrooms
5 Baths
square feet
3,500 Ft²
$8,250
Est. Monthly

About This Property

Welcome to 7201 Masters Drive, an elegantly renovated home nestled in the coveted River Falls neighborhood of Potomac, Maryland. This fabulous home boasts five bedrooms and five luxurious full bathrooms, offering a distinctive floor plan with meticulously designed modern living spaces.

As you step through the front door, you will be greeted by gleaming hardwood floors and custom trim work that extend throughout the main and upper levels. The newly designed kitchen and living area showcase elevated ceilings and exemplify the open floor plan that everyone desires. The kitchen highlights an oversized island with bar seating, marble countertops, spacious custom cabinetry, Thermador refrigerator, built-in Miele espresso machine, beverage refrigerator, and a Thermador six-burner gas range stove, ensuring a gourmet cooking experience. The living area hosts a gas fireplace enveloped by handsome paneled walls, creating an inviting space for gathering. The generously sized dining area is perfect for accommodating larger dinner parties, beautifully wrapped in designer wallpaper, and conveniently connecting to the kitchen for effortless entertaining. Continue to the sunroom, a gracefully designed additional living area wrapped in floor-to-ceiling windows that offer a french door access to the outdoor patio. A versatile office space, complete with custom built-in cabinetry, can easily serve as a main-level bedroom and offers access to a full bathroom featuring a custom tile walk-in shower. The living room offers an abundance of natural light as it showcases a mirrored wall, designer wallpaper, wood-burning fireplace and captivating views of the front of the house. Access the two-car garage from the kitchen, where additional floor-to-ceiling cabinetry provides storage for your everyday items. Ascend to the upper level where three bedrooms and three full bathrooms can be found. The primary suite hosts an expansive sitting area, complete with a walk-in closet and dual bathrooms. The sitting room not only serves as an ideal space for preparing for the day, but also offers an additional cozy lounge space. Two additional bedrooms, a contemporary full bathroom with dual vanities, and a spacious linen closet designed to accommodate larger items round out this upper level. The lower level of this home is thoughtfully designed to meet your needs for added living and recreational space with a walk-out entrance to the side of the house. A well-appointed bedroom is complemented by a newly renovated full bathroom, and an additional closet area can be found on this level. The spacious storage room provides ample space for all your organizational needs, and conveniently houses the washer and dryer. Enjoy the professionally landscaped outdoor space showing off tiered plantings, year-round blooms and exterior lighting. River Falls is an exceptionally unique community with a pool, clubhouse, tennis courts, and playgrounds. Its prime location, just minutes from I-495 and Clara Barton Parkway, ensures a convenient commute. You'll also appreciate the proximity to Potomac Village, Great Falls National Park, and numerous year-round trails and paths for outdoor enjoyment. With its distinguished updates, one-of-a-kind floorplan and central location, this home won't last long. Don't miss this incredible opportunity to make it your own.
Unit Size
3,500 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$480
Property Type
House
Property Taxes
$1,166
HOA Dues
-
Year Built
1968

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Last updated: 3 years ago (Bright MLS #MDMC2112284)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Sold
Dec 3, 2023 In contract -
In contract
Nov 3, 2023 Listed by Washington Fine Properties, LLC $1,680,000
Listed by Washington Fine Properties, LLC
Jun 22, 2012 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 600
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,017
  • Total Building Area: 3,388
  • Gross Building Area: 3,388
  • Building Area: 3,388
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER FALLS
  • Land Acres: 0000000437
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: RIVER FALLS 7081/369

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 706008

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: FN32
  • Account Number: 00894000
  • District: 10
  • Parcel: 10-00894000
  • Block: D
  • Lot: 11
  • Latitude: 38.9816
  • Longitude: -77.2141

    Address

  • Full Address: 7201 Masters Dr
  • Address - House Number: 7201
  • Address - Street Name: Masters
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Potomac
  • Carrier Code: C061
  • 4-Digit Zip Code: 3848
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,557,906

    Appraisal Valuation

  • Standard Deviation: 0.0683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 96
  • Final Value: 1,692,946
  • High Value: 1,808,691
  • Low Value: 1,577,202

    Market Valuation

  • Market Total Value: $1,304,200
  • Market Land Value: $521,500
  • Market Improvement Value: $782,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,255,667

    Sales

  • Current Sale Contract Date: Dec 27, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 22, 2012
  • Previous Sale Contract Date: Jun 08, 2012
  • Previous Sale Amount: $985,000
  • 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 Potomac


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Frequently Asked Questions

When was property at 7201 Masters Drive built and last sold?
The property at 7201 Masters Drive was built in 1968 and last sold on Dec 27, 2023 for $1,690,000.
How much is this home worth?
The estimated value of the home located at 7201 Masters Drive is $1,700,711.
What are some comparable homes to 7201 Masters Drive?
There are currently no comparable homes to 7201 Masters Drive.