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$874,900 Coming Soon

  • For Sale
  • Coming Soon
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 2 Partial Baths
  • 3,352 Sq. Ft.
  • 2 Car Garage
  • Updated 4 days ago

Next open house:

Open House: 5:00 PM - 7:00 PM

Friday 10/9 5:00 PM - 7:00 PM

542 Market Street E,Gaithersburg, MD 20878

542 Market Street EGaithersburgMD20878

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Join us at 542 Market Street E on:

  • Open House: 1:00 PM - 3:00 PM

    Saturday 10/10 1:00 PM - 3:00 PM

    542 Market Street E,Gaithersburg, MD 20878
    542 Market Street EGaithersburgMD20878
  • Open House: 1:00 PM - 3:00 PM

    Sunday 10/11 1:00 PM - 3:00 PM

    542 Market Street E,Gaithersburg, MD 20878
    542 Market Street EGaithersburgMD20878
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Four levels, beautiful updates, and exceptional flexibility in the heart of the Lakelands. Welcome to 542 Market Street East, a move-in ready Tarquin townhome offering 2,856 total square feet, three bedrooms plus a spacious fourth level ideal as a fourth bedroom or private retreat, two full and two half baths, a finished lower level, a deck, and a detached two-car garage. Hardwood floors, refinished and custom stained in 2025, set the tone on the main level, where abundant natural light meets beautiful architectural details including crown molding, columns, wainscoting, and tray ceilings. The separate dining room is perfect for entertaining, and the family room with gas fireplace opens naturally to the spacious eat-in kitchen. It features 42-inch white cabinetry, granite countertops, a center island, pantry, gas cooktop, wall oven, built-in microwave, and stainless steel appliances, including a new LG refrigerator (2025) and Bosch dishwasher (2021). Upstairs, new carpet installed in 2024 leads to the primary suite, with two walk-in closets and a bath with soaking tub, double vanity, and frameless glass shower. Custom closet systems and built-ins throughout provide exceptional storage. The fourth level is what truly sets this home apart. Finished with luxury vinyl plank flooring, it's a private, versatile space that works as a fourth bedroom, guest retreat, home office, media room, or additional living area. The finished lower level adds recreation space, room for a gym or office, a powder room, laundry, and storage. Recent improvements include nine custom Vytex Fortis replacement windows (2023), an upper-zone Bryant heat pump (2022), and approximately $15,000 in custom built-ins and closet systems. Even the detached two-car garage stands out, with a commercial diamond-ground polyaspartic flake epoxy floor completed in April 2023 and an extensive slat wall organization system. Enjoy the deck and Lakelands amenities including pools, fitness facilities, a clubhouse, tennis and basketball courts, and playgrounds. Beautifully updated, thoughtfully maintained, and truly move-in ready. Simply unpack, settle in, and enjoy the Lakelands lifestyle.

Full Property Details for 542 Market St E

General

  • Price: $874,900
  • HOA FEE: $135/month
  • Taxes: $8,972 (2026)
  • Status: Coming Soon
  • Type: Townhouse
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDMC2258146
  • Updated: 10/3/2026
  • Added to Site: 4 day(s) ago
  • Expected Market Date: 10/9/2026

Interior

  • Rooms/Areas: Loft
  • Interior Features: Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Corner, Fireplace - Glass Doors, Gas/Propane
  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring: Ceramic Tile, Hardwood, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Upper Floor Baths: 2
  • Upper - Full Baths: 2
  • Main Floor Baths: 1
  • Main - 1/2 Baths: 1
  • Lower Floor Baths: 1
  • Lower - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 3

Other Rooms

  • Laundry: Lower Floor

Additional Information

  • Shared Amenities: Basketball Courts, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Lake, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • Shared Pool: Yes
  • Pool: Yes

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Type: Detached Garage, On Street
  • Garage Description: Garage Door Opener

Location

  • Municipality: Gaithersburg
  • County: MONTGOMERY
  • Subdivision: LAKELANDS
  • Driving Directions: From Great Seneca turn onto Lakelands Drive. Drive to the end and make a right onto Market Street East. Proceed 3-4 blocks. House is on the right.
  • City Limits: Yes

School Information

  • School District: Montgomery County Public Schools

Community

  • Association: Yes
  • Assoc. Fees Include: Common Area Maintenance, Pool(s), Recreation Facility, Snow Removal, Trash
  • Pets Allowed: Yes
  • Pets: No Pet Restrictions

Heating & Cooling

  • Cooling Type: Other
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s), Zoned
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Structure Type: Interior Row/Townhouse
  • Builder: Ryan
  • Model: Tarquin w/ Loft
  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Fully Finished, Improved, Sump Pump
  • Foundation: Permanent
  • Roof: Asphalt
  • Walls/Ceilings: Tray Ceilings
  • Stories Description: Lower 1, Main, Upper 1, Upper 2
  • Square Feet: 3,352
  • Sq. Ft. Source: Estimated
  • Living Area: 3,100 Sq. Ft.
  • Finished Above Grnd: 2,400 Sq. Ft.
  • Finished Below Grnd: 700 Sq. Ft.
  • Year Built: 2003
  • Year Built Source: Assessor
  • Property Condition: Excellent

Unit Information

Unit 1

  • Bathrooms-Lower: 1

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,900
  • Lot Size Source: Assessor
  • Zoning: MXD

Financial Considerations

  • Price Per Sq. Ft.: $364.54
  • Association Fee: $135
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 2026
  • City/TownTax: $1,268
  • City/TownTax Freq: Annually
  • County Tax: $6,893
  • County Tax Freq: Annually
  • Tax w/Assessment: $667,300
  • Tax Amount: $8,972
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple
  • Section: 2
  • Lot Number: 86

Listed by TTR Sotheby's International Realty, Tina Nader

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Listing agent

— 542 Market St E —

  • Tina Nader

    TTR Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 542 Market St E

School District:Montgomery County Public Schools, Gaithersburg, MD
NameGradesDistance
Rachel Carson Elementary School
100 Tschiffely Square Road, Gaithersburg, MD 20878
PK-50.7 mi
Lakelands Park Middle School
1200 Main Street, Gaithersburg, MD 20878
6-80.2 mi
Quince Orchard High School
15800 Quince Orchard Road, Gaithersburg, MD 20878
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 542 Market St E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/03/2026
Listed
$874,900
33.57%
MLS
9/02/2020
Sold
$655,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 542 Market St E

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,067
—
$667,300
3%
2025
$8,067
-5%
$648,200
3%
2024
$8,456
19%
$629,100
3%
2022
$7,131
-6%
$610,000
2%
2022
$7,552
9%
$599,533
2%
2018
$6,950
1%
$589,067
2%
2021
$6,865
3%
$578,600
3%
2020
$6,650
3%
$562,333
3%
2019
$6,464
2%
$546,067
3%
2018
$6,343
—
$529,800
2%
2017
$6,335
6%
$520,433
2%
2016
$5,999
2%
$511,067
2%
2015
$5,883
-1%
$501,700
—
2014
$5,972
—
$501,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by TTR Sotheby's International Realty, Tina Nader

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542 Market Street E, Gaithersburg, MD 20878 (MLS# MDMC2258146) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 2 partial bathrooms. 542 Market Street E is currently listed for $874,900 and was received on October 03, 2026. Want to learn more about 542 Market Street E? Do you have questions about finding other Townhouse real estate for sale in Gaithersburg? You can browse all Gaithersburg real estate or contact a Coldwell Banker agent to request more information.

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