8806 WALNUT HILL ROAD
About This Property
Offering 5 bedrooms and 4.5 bathrooms, the house features a sun-filled, open-concept main floor that is designed for entertaining. The gourmet kitchen, anchored by a HUGE center island, flows seamlessly into the family room with fireplace and breakfast nook which opens directly onto your fully fenced back yard - the perfect setting for summer BBQs. This level is rounded out by a formal living room, dining room, private home office, mud room off of the garage, a designer half bath and a sizable walk-in pantry.
The second floor hosts four bedrooms (each with their own ensuite), including an enviable primary suite oasis with a statement chandelier, TWO large walk-in closets, leading to an expansive spa-inspired bathroom with a separate soaking tub and over-sized walk in shower. This level also includes the home's laundry room.
The lower level with an additional living space and kitchenette has another guest bedroom and large full bathroom and TONS of extra storage closets. You will also find a home gym on the LL.
Ideally located near Walter Reed, the North Chevy Chase Pool, seconds to Beach Drive and the Rock Creek Park trails, you are in the perfect neighborhood, convenient to NIH, and commuter routes into DC.
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Listed by Compass | $2,295,000 | |
| Listed by Compass | |||
| May 27, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | Listed by Centurion Properties | $899,000 | |
| Listed by Centurion Properties | |||
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Excellent investment/development opportunity in Bethesda Chevy Chase HS cluster. 3-Level, 4 bedroom, 2.5 bath Cape Cod sited on an attractive lot with a deep, flat backyard that invites expansion. Walnut Hill Road is a quiet no-thru street and is located just a few steps from the tranquil 40-acre Woodend Nature Sanctuary, North Chevy Chase Swim Club, and less than 1/2 mile to the planned Purple Line Connecticut Ave Station.
Easy commute to Downtown Bethesda, NIH, Walter Reed Medical Center and quick access to I495 make this a dream location. Owner needs approximately 60 days post-settlement to remove belongings. Property being sold strictly "as is". No house showings. Value is in the land.
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About Chevy Chase
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017