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$1,475,000
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Property Description
Stunning Colonial on a Corner Lot - A Must-See! Welcome to this spacious and beautifully appointed colonial nestled on a desirable corner lot in the sought-after Fallsgrove community. This elegant home offers exceptional curb appeal with a decorative stone wall in the front yard, two-car garage, and private driveway parking for two additional vehicles. Step through the front door into a gracious foyer with wainscoting and a view of the elegant staircase featuring brand-new carpet, wrought iron railings, and solid oak banisters. From the foyer, you'll be drawn into a series of exquisitely designed living spaces perfect for both everyday comfort and grand-scale entertaining. The formal living room is adorned with classic crown moulding and flows seamlessly into an oversized sunroom. Bathed in natural light from seven large windows, the sunroom features travertine flooring, French glass doors to the backyard patio, custom blinds and shades-currently configured as a sports entertainment haven. To the left of the living room, the formal private dining room exudes sophistication with architectural crown moulding, wainscoting, custom window treatments and a new shade. This space easily accommodates seating for ten and connects to the kitchen through a charming dry bar display with glass cabinetry and granite countertops. The recently updated kitchen is a chef's dream. Outfitted with KitchenAid stainless steel wall double ovens, stovetop, dishwasher, microwave, and granite countertops, the space also features a generously sized island with counter height seating and generous table seating. Custom hand-painted and detailed white cabinetry by Mr. Faux adds character and warmth. Glass doors open from the kitchen to the expansive backyard patio, perfect for entertaining. Off the kitchen, the inviting family room boasts a wood-burning fireplace and four large windows. Adjacent to this space is a private executive office overlooking the patio, complemented by elegant custom wallpaper, wainscoting, and a powder room. All doors in this area are finished with beautiful architrave door headers. Upstairs, you'll find four spacious bedrooms and a large den. The primary suite is a luxurious retreat with tray ceiling, two walk-in closets, custom window treatments, Somfy electric shade, and plush carpeting. The spa-like primary bathroom features double sinks, an oversized soaking tub, large walk-in shower, private water closet, and stunning white marbleized tile. Bedrooms 2 and 3 each include recessed lighting, generous walk-in closets, and private full bathrooms, with solid oak flooring continuing through the hallway. Bedroom 4 connects to a Jack-and-Jill bathroom that also serves a large den (no closet), ideal as a playroom, or guest space. All bedroom closets are equipped with custom built-ins for optimal organization. In total, the home includes five full bathrooms and one half bath-each thoughtfully updated and tastefully appointed. The fully finished lower level is an entertainer's paradise and a haven for wellness and creativity. Enjoy luxury vinyl flooring, a mirrored yoga/Pilates studio area, an art bonus room nook with an enormous storage closet, an additional den, and another full bathroom. A massive utility/storage room features wood-framed shelving and bookcases. Walk out from the basement to an expansive slate patio stretching the length of the home. Framed by mature privacy trees expertly trimmed to allow sunlight, the backyard offers three distinct areas for dining, lounging, and socializing-ideal for gatherings or quiet moments under the sun. Walk to popular restaurants and shops at the Fallsgrove Village Center. Convenient to I-270, MD 200 (ICC), Shady Grove metro, Shady Grove Medical Center, Rio and Downtown Crown neighborhoods. This extraordinary home combines timeless style with modern amenities, an amazing location, and room to grow. Schedule your private tour today!
Full Property Details
Full Property Details for 500 Peonies Terrace
General
- Sold For: $1,475,000
- HOA FEE: $150/month
- Taxes: $14,297 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDMC2188540
- Added to Site: 191 day(s) ago
Interior
- Rooms/Areas: Den
- Interior Features: Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Built-Ins, Crown Moldings, Dining Area, Double/Dual Staircase, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Wainscotting, Walk-in Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood, Wood
- Appliances: Cooktop, Built-In Microwave, Built-In Range, Dishwasher, Disposal, Oven - Double, Oven - Wall, Stainless Steel Appliances
- Flooring: Carpet, Hardwood, Luxury Vinyl Plank, Terrazzo
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
- Upper Floor Baths: 4
- Upper - Full Baths: 4
- Main Floor Baths: 1
- Main - 1/2 Baths: 1
- Lower Floor Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 4
Other Rooms
- Den: Yes
- Laundry: Main Floor
Additional Information
- Shared Pool: Yes
- Pool: Yes
Exterior
- Porch/Patio/Deck: Patio(s)
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Type: Attached Garage, Driveway
- Garage Description: Garage - Front Entry
Location
- Municipality: City of Rockville
- County: Montgomery
- Development Name: Fallsgrove
- Subdivision: Fallsgrove
- Driving Directions: please use GPS
School Information
- School District: Montgomery County Public Schools
- Elementary School: Ritchie Park
- Middle School: Julius West
- High School: Richard Montgomery
Community
- Association: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air, Heat Pump(s)
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Concrete Perimeter
- Roof: Architectural Shingle, Asphalt
- Walls/Ceilings: Dry Wall, 9'+ Ceilings
- Stories/Levels: 0
- Stories Description: Lower 1, Main, Upper 1
- Square Feet: 6,444
- Sq. Ft. Source: Assessor
- Living Area: 5,288 Sq. Ft.
- Year Built: 2003
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
Unit 1
- Bathrooms-Lower: 1
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,622
- Lot Size Source: Assessor
- Zoning: CPD1
Financial Considerations
- Price Per Sq. Ft.: $360.81
- Association Fee: $150
- Assoc Fee Freq.: Monthly
- Assessment Year: 2025
- City/TownTax: $2,977
- City/TownTax Freq: Annually
- County Tax: $10,600
- County Tax Freq: Annually
- Tax w/Assessment: $1,086,167
- Tax Amount: $14,297
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 5288
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 13
Listed by RLAH @properties, Aida Klun
Sold by Weichert, REALTORS, Dale J Gold
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Schools
Schools serving 500 Peonies Terrace
School District:Montgomery County Public Schools, Gaithersburg, MD
| Name | Grades | Distance |
|---|---|---|
Ritchie Park Elementary School 1514 Dunster Road, Rockville, MD 20854 | K-5 | 2.3 mi |
Julius West Middle School 651 Great Falls Road, Rockville, MD 20850 | 6-8 | 1.7 mi |
Richard Montgomery High School 250 Richard Montgomery Drive, Rockville, MD 20852 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 Peonies Terrace
Date
Details
Price
Change
Source
8/22/2025
Sold
$1,475,000
—
MLS
7/11/2025
Listed
$1,475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
500 Peonies Terrace, Rockville, MD 20850 (MLS# MDMC2188540) is a Single Family property that was sold at $1,475,000 on August 22, 2025. Want to learn more about 500 Peonies Terrace? Do you have questions about finding other Single Family real estate for sale in Rockville? You can browse all Rockville real estate or contact a Coldwell Banker agent to request more information.

