Colonial
7317 OLIVE TREE COURT
GAITHERSBURG, MD 20879
MLS#: MDMC2240246
$800,000
Property
Beds
4
Full Baths
3
1/2 Baths
1
Year Built
1994
Sq.Footage
3,084
Nestled on a private 2.05-acre lot at the end of a quiet cul-de-sac, this custom-built estate offers a rare opportunity to create your dream home in an exceptional setting. Surrounded by mature trees and set well back from the road, the property provides a peaceful retreat with the convenience of nearby shopping, dining, parks, and major commuter routes. The main level features a spacious open-concept design highlighted by a dramatic family room with a fireplace and vaulted ceilings that flows seamlessly into the kitchen, creating an ideal space for everyday living and entertaining. Just beyond, a beautiful sunroom offers panoramic views of the surrounding property and fills the home with natural light throughout the year. The generous primary suite provides a comfortable private retreat with ample space to create a luxurious owner’s sanctuary. Additional bedrooms and living areas offer flexibility for family, guests, home offices, or hobby spaces. The finished lower level includes a private in-law suite with a separate entrance complete with its own kitchenette, full bathroom, fireplace, and separate living area—perfect for multigenerational living, extended guests, or potential rental opportunities. Situated on more than two acres, the property offers endless possibilities for outdoor enjoyment, gardening, recreation, or future enhancements. While the home would benefit from cosmetic updates and renovation work, it presents an outstanding opportunity for buyers to add their own style and build equity in a truly special setting. Properties offering this combination of acreage, privacy, flexible living space, and potential are increasingly hard to find. Bring your vision and transform this hidden gem into the estate you’ve always imagined.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
3
-
1/2 Bathrooms
1
-
Above Grade Finished Area
3084.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Gas
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Stone
-
Parking
Garage, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
2.05
-
Lot Size(square feet)
89298.0
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Colonial
Price
-
Sales Price
$800,000
-
Tax Amount
$10,513
-
Sq. Footage
3, 084
-
Price/SqFt
$259
HOA
-
Association
Yes
-
Association Fee
$427.1
-
Association Fee Frequency
Annually
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Concrete Perimeter
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
11
-
Water Source
Public
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Location
County
MONTGOMERY
Elementary School
Middle School
High School
Listing Courtesy of Simon Timm , Coldwell Banker Realty - Washington
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AGENT
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