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  • 542 Market Street E, Gaithersburg, MD 20878 Main Photo

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BEDS3 BATHS2 full 2 partial SQUARE FEET3,100 MLS#MDMC2258146
STATUSACTIVE PROPERTY TYPEResidential - Townhouse SUBDIVISIONLAKELANDS SCHOOLMONTGOMERY COUNTY PUBLIC SCHOOLS

Property Description

A gorgeous townhome that lives like a single-family home. This updated Tarquin townhome in the Lakelands has 3 bedrooms plus 3 bonus rooms across four finished levels, with 2 full and 2 half baths and a detached 2-car garage. The big-ticket updates are already done. Main level: The hardwood floors were refinished with a custom stain in 2025. The rooms are bright, with crown molding, columns, wainscoting, and tray ceilings. The family room has a gas fireplace and opens to the eat-in kitchen, which has an island, granite counters, 42" white cabinets, a gas cooktop, a wall oven, and a pantry. Stainless appliances include a new LG refrigerator (2025) and a Bosch dishwasher (2021). A formal dining room gives you a separate space for dinners and holidays. Bedroom level: The primary suite has two walk-in closets and a bath with a soaking tub, a frameless glass shower, and a double vanity. Two more bedrooms and a full hall bath complete this level. New carpet was installed in 2024. Top-floor loft: This private level has vaulted ceilings, a dormer window, a ceiling fan, luxury vinyl plank flooring, a full wardrobe, and attic storage behind its own door. It’s currently used as a bedroom. Frame a wall along the stair railing and add a door, with permits, and it becomes a fully enclosed 4th bedroom on its own floor. Lower level: Two private bonus rooms, each with a door, plus a half bath and laundry. One is set up as a guest room with a queen bed and a ceiling fan. The other works as a home office, gym, or den. Recent improvements: Nine new Vytex Fortis windows (2023) Upper-zone Bryant heat pump (2022) About $15K in custom built-ins and closet systems Garage with professional epoxy floor and full slat-wall storage (about $3,000) Outside, the deck is set up for morning coffee or evening grilling. Lakelands amenities include pools, a clubhouse, fitness facilities, tennis and basketball courts, and playgrounds. The seller is offering a $10K incentive toward an interest rate buydown to help lower your monthly payment.

542 Market Street E | MLS# MDMC2258146

This townhouse located at 542 Market Street E, Gaithersburg, MD 20878 is currently listed for sale with an asking price of $874,900. This property was built in 2003 and has 3 bedrooms and 2 full and 2 partial baths with 3100 sq. ft. Market Street E is located in the LAKELANDS subdivision within the MONTGOMERY COUNTY PUBLIC SCHOOLS school district. Search LAKELANDS real estate on www.gilperrone.com today.

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Open House Saturday October 31st, 1:00pm - 3:00pm

Property Features

Property Type: Residential - Townhouse
Basement: Yes
Basement: Fully Finished, Improved, Sump Pump
Fireplaces: 1
Fuel Type: Electric, Natural Gas
Garage: 2
Heating: Forced Air, Heat Pump(s), Zoned
Home Style: Colonial
Lot Size: 0.04 Acres
Roof Type: Asphalt
Stories: 4.0
Taxes: $8,972
Year Built: 2003

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Community Amenities: Basketball Courts, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Lake, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
Exterior: Vinyl Siding
Fireplace: Corner, Fireplace - Glass Doors, Gas/Propane
Flooring: Ceramic Tile, Hardwood, Carpet
HOA Fee: $135.00/Monthly
Interior: 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
Lot Dimensions: 0.04 Acre(S)
Municipality: Gaithersburg
Parking Notes: 2 Total Parking Spaces
Pet Restrictions: No Pet Restrictions
Rooms: Loft
Sewer: Public Sewer
SQFT Above Finished: 2400
SQFT Below Finished: 700
SQFT Total Finished: 3100
Structure Type: Interior Row/Townhouse
Total Garage/Parking Spaces: 2
Water: Public

Local Schools

School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: TTR Sotheby's International Realty
Agency Phone: 3016153000

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Estimated Payment

$ 2,949.99 per month $1,947.15 Principal & Interest $747.67 Property Tax $255.18 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/29/2026. The listing information on this page last changed on 10/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 10/29/2026 12:00:08 AM EST) or Bright MLS (last updated Wed 10/28/2026 7:53:39 AM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Homesale Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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