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$580,000 Just Listed
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Property Description
Rarely available 3-bedroom sunny corner residence in highly desirable King Farm offering exceptional space, privacy, and rare parking. 502 King Farm Blvd Unit 206 is a desirable second-floor home in a secure elevator building, combining easy access with added convenience. This light-filled corner unit features high ceilings, fresh paint, brand-new floors, crown moldings, recessed lighting, updated bath vanities, and stylish new fixtures throughout. The spacious and flexible floor plan offers an open kitchen flowing into a dining or living area of your choosing, plus an additional large living room and separate dining room-perfect for entertaining, working from home, or everyday comfort. The kitchen is enhanced with brand-new stainless steel appliances. Enjoy a private balcony, oversized bedrooms, and generous closet space throughout. The spacious primary suite is a true retreat featuring two walk-in closets and a private bath. A rare bonus is the attached private garage with two dedicated spaces (one inside and one outside), plus an additional parking space in the community lot. King Farm is beloved for its parks, trails, and outdoor lifestyle. Nearby King Farm Park offers green space and recreation, while Mattie J.T. Stepanek Park features playgrounds, courts, open fields, and gathering spaces. Scenic walking trails and sidewalks throughout the neighborhood connect residents to parks, pools, shopping, dining, and everyday conveniences. Residents also enjoy access to two neighborhood pools, metro shuttle service, and walkability to shops and restaurants. Ideally located near Shady Grove Metro Station with quick access to Interstate 270, Maryland Route 355, and Intercounty Connector (ICC). A rare opportunity to own one of King Farm's most spacious and desirable 3-bedroom homes in one of Rockville's most vibrant and convenient communities.
Full Property Details
Full Property Details for 502 King Farm #206
General
- Price: $580,000
- HOA FEE: $602/month
- Taxes: $6,098 (2026)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDMC2229996
- Updated: 4/29/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Carpet, Combination Kitchen/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Island
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Built-In Microwave, Disposal, Dryer, Oven/Range - Gas, Stainless Steel Appliances, Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Additional Information
- Shared Amenities: Pool - Outdoor
- Shared Pool: Yes
- Pool: Yes
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Type: Attached Garage
- Garage Description: Garage - Side Entry, Inside Access
Location
- County: MONTGOMERY
- Subdivision: KING FARM BAILEYS COMMON
- Driving Directions: Gaither Road or 355 to King Farm Blvd.
- City Limits: Yes
School Information
- School District: Montgomery County Public Schools
Community
- Assoc. Fees Include: Water, Common Area Maintenance, Ext Bldg Maint, Management, Parking Fee, Pool(s), Reserve Funds, Trash
- Pets Allowed: Yes
- Pets: Size/Weight Restriction
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Garden 1 - 4 Floors
- Construction: Brick, Vinyl Siding
- Doors: Sliding Glass
- Entry Floor Number: 2
- Stories Description: Main
- Square Feet: 1,765
- Sq. Ft. Source: Assessor
- Living Area: 1,765 Sq. Ft.
- Finished Above Grnd: 1,765 Sq. Ft.
- Year Built: 2001
- Year Built Source: Estimated
- Property Condition: Excellent, Good, Very Good
Lot Features
- Zoning: CPD1
Financial Considerations
- Price Per Sq. Ft.: $328.61
- Condo Fee: $602
- Assessment Year: 2026
- City/TownTax: $1,382
- City/TownTax Freq: Semi-Annually
- County Tax: $4,709
- County Tax Freq: Annually
- Tax w/Assessment: $470,000
- Tax Amount: $6,098
- Tax Year: 2026
- Tax Total Finished Sq. Ft.: 1765
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
Listed by Compass, Audrey B Romano
Get Pre-Approved Today
Schools
Schools serving 502 King Farm #206
School District:Montgomery County Public Schools, Gaithersburg, MD
| Name | Grades | Distance |
|---|---|---|
Washington Grove Elementary School 8712 Oakmont Street, Gaithersburg, MD 20877 | PK-5 | 1.4 mi |
Gaithersburg Middle School 2 Teachers Way, Gaithersburg, MD 20877 | 6-8 | 2.3 mi |
Gaithersburg High School 101 Education Boulevard, Gaithersburg, MD 20877 | 9-12 | 2 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 502 King Farm #206
Date
Details
Price
Change
Source
4/29/2026
Listed
$580,000
25.47%
MLS
8/07/2007
Sold
$462,250
—
Public Record
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
Tax History for 502 King Farm #206
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,406
-10%
$453,333
4%
2024
$6,035
22%
$436,667
4%
2022
$4,941
-9%
$420,000
—
2022
$5,416
-1%
$420,000
—
2018
$5,471
11%
$420,000
—
2021
$4,946
—
$420,000
—
2020
$4,963
-1%
$420,000
—
2019
$4,993
52%
$420,000
—
2018
$3,289
56%
$420,000
3%
2017
$2,114
-55%
$406,667
3%
2016
$4,648
3%
$393,333
4%
2015
$4,506
78%
$380,000
—
2014
$2,538
—
$380,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 502 King Farm #206
502 King Farm #206, Rockville, MD 20850 (MLS# MDMC2229996) is a Condo property with 3 bedrooms and 2 full bathrooms. 502 King Farm #206 is currently listed for $580,000 and was received on April 29, 2026. Want to learn more about 502 King Farm #206? Do you have questions about finding other Condo real estate for sale in Rockville? You can browse all Rockville real estate or contact a Coldwell Banker agent to request more information.

