$1,434,560Average Value$468Average Price per Sq Ft18Homes For Sale
Planned Chevy Chase community that's growing every year
Chevy Chase Lake is a burgeoning mixed-use development within Chevy Chase, Maryland. Neil Bacchus, a real estate agent with Long & Foster Real Estate, says, “Chevy Chase is approximately a 4-5 mile radius, within that you have subdivisions; Chevy Chase Lake is one of those subdivisions. The Lake is a small community with homes averaging $1 million. A developer by the name of Ritz Carlton built a community of condos in the area there too.” This development is brand new and may feel like an investment to buy a home here, but it has the potential of being a popular retail and dining hub minutes away from D.C. to the south or Bethesda to the west soon. Though there are occasional single-family properties and townhouses, the community is slowly being defined by the high-rise condos and apartments built near the Georgetown Branch Trail, where a new light rail is being constructed to simplify metro commutes for Maryland locals. This parcel of land between Bethesda and Silver Spring was once the home of Chevy Chase Lake Amusement Park -- a streetcar stop that offered city residents a diversion with dancing, boating and a merry-go-round. The park, initially a marketing tool for the adjacent planned suburban housing development, faded away with the decline of trolleys. The manmade lake, long ago used for leisurely rowboating and seasonal ice skating, is now the site of a condo building.
Residents can decorate their law in townhome communities in the Chevy Chase Lake neighborhood.
Spend a Sunday afternoon in the park with your four-legged best friend in Chevy Chase Lake.
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Luxury condos and detached single-family homes are options in Chevy Chase Lake
Home values in Chevy Chase Lake range from $700,000 to over $2.5 million, for anything from modest condos and townhouses under 2,000 square feet or newly built detached single-family Contemporary homes with 5,000 square feet and luxury condos with amenities like fitness center, free building internet connection or a 24/7 concierge. Chevy Chase Lake’s median household income is more than double the national average, around $160,000, and the reputation of the city of Chevy Chase is defined by its upscale, planned suburban communities, filled with stately colonials and split-level houses dotting the outskirts of the neighborhoods. Cul-de-sacs, roundabouts and dead-end streets help limit vehicle traffic on residential roads. At the same time, front lawns are marked by traditional boxwoods and colorful azaleas, and slate or brick walkways lead to the entrances of houses. "Since this an older community, there is still a lot of green," says Theresa Helfman Taylor with Keller Williams Capital Properties. The pockets of suburban tranquility weave into the newest Chevy Chase Farm development. This mixture of condos, apartments and retail space is designed around a modern town square, providing an almost self-sustaining and contemporary living space.
Many residents in the Chevy Chase Lake neighborhood take pride in their flourishing flowers.
Large single-family homes are prominent throughout the Chevy Chase Lake neighborhood.
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Play sports at North Chevy Chase Park, or hike to D.C. on Rock Creek Trail
North Chevy Chase Local Park has soccer and baseball fields and basketball and tennis courts for outdoor playtime and exercise. Kids can climb on the park’s playground, and an activity building is available for community use. You can take a morning or early evening run along Georgetown Branch Trail, a gravel portion of the Capital Crescent Trail that runs from the retail-heavy streets of Georgetown north as far as Silver Spring, Maryland. Ray’s Meadow Park allows for nature walks along Rock Creek Trail, leading from Chevy Chase deep into Northwest D.C. The park also has a playground and quaint views of the bubbling Rock Creek stream.
Spend a Sunday afternoon in the park with your four-legged best friend in Chevy Chase Lake.
There are many walking paths and bike trails near the Chevy Chase Lake neighborhood.
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Montgomery County Public Schools come highly rated
Students in Chevy Chase Lake fall under the Montgomery County Public School system. Nearby options include Bethesda Elementary, North Chevy Chase Elementary and Silver Creek Middle, all rated an A on Niche, and Bethesda-Chevy Chase High School, boasting an A-plus on Niche.
North Chevy Chase Elementary School, in the Chevy Chase Lake neighborhood, serves grades 3-5
South Kensington's Silver Creek Middle School is of the Top 10 Middle Schools in the County
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Stunning hibiscus flowers bring a pop of color to the Chevy Chase Lake neighborhood.
Women's Club of Chevy Chase hosts events in town
The Women’s Club of Chevy Chase, a nonprofit civic and philanthropic organization, hosts guest speaker luncheons and produces annual events such as a community art sale and seasonal gatherings. The club also rents garden space at its Connecticut Avenue location for weddings and private parties.
Capitol Beltway access, with the Purple Line expanding rail access in the next few years
Chevy Chase Lake will be connected to the upcoming public rail project called the Purple Line, a 16-mile light rail line stretching east-to-west from Montgomery County to Prince George's County that will ease Maryland commutes and increase neighborhood access. It will allow Maryland commuters to travel across the state by rail without taking the metro through D.C. The Purple Line will run through the Georgetown Branch Trail, so alternate routes and detours are currently in place to allow the trail to be used during its construction. “It’s still a brand new area and not heavily trafficked yet. Adjacent to that, the Metrorail from Bethesda to Chevy Chase is about four years out.” Bacchus discusses Chevy Chase Lake’s potential growth once the Purple Line is completed, which is projected to be around late 2027. “It’s great because it's within the Beltway for the whole region. Fantastic access to get into DC, about a mile to the beltway, and a skip, hop, and jump to the metro when that’s finished.” The Capital Beltway is Interstate 495, a significant highway encircling Washington D.C. to ease commutes through the massive metropolitan center. Chevy Chase Lake’s residents are less than a mile from the nearest access point to the Beltway.
Mixed-use retail soon to come, with nearby options in Bethesda or Woodmont
Bacchus mentions that much of the heavy lifting for setting up these shops in the mixed-use developments is done, “They’re about 90% complete; they’re just finding tenants for their storefronts.” Already open to shoppers is Amazon Fresh, the e-commerce titan’s grocery store location with fast QR-code checkout, which rests at the center of Chevy Chase Lake. Ground-floor stores promote walkability and add to the area’s convenience – A Starbucks or a local restaurant like Manoli Canoli is just a few steps from home. Manoli Canoli serves Greek and Italian cuisine, from pork souvlaki to eggplant parmesan entrees, and they also sell their brand of olive oil. Residents searching for homegrown and freshly harvested food can head to Norman’s Farm and Market Stand on Jones Mill Road. The produce stand serves as a daily farmers market, stocked with local fruits and vegetables for the quick-stop shopper or discerning regulars. Significant retail is already in place less than 2 miles west in Woodmont and the Bethesda Row outdoor mall, featuring a Honda car dealership, Apple store, and numerous high-end diners like matchbox, a regional chain bistro serving wood-fired pizzas, cocktails and seafood.
Chevy Chase Lake residents love mixed use plazas that have homes, retail, restaurants and parks.
Stop by Playa Bowls for more healthy choices like smoothies, fresh juices and acai bowls.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
hugh le,
an experienced agent in this neighborhood.
Parks in this Area
Leland Neighborhood Park
Basketball
Tennis
Playground
Ray's Meadow Park
Baseball/Softball
Picnic Area
Trails
Elm Street Urban Park
Basketball
Picnic Area
Trails
Lynbrook Park
Baseball/Softball
Picnic Area
Soccer
Audubon Naturalist Society - Woodend Nature Sanctuary
Trails
Nature Center
North Chevy Chase Park
Baseball/Softball
Basketball
Soccer
Transit
Airport
Ronald Reagan Washington Ntl
26 min drive
Bus
Jones Mill Rd & Farmington Dr
Bus
Connecticut Ave & Jones Bridge Rd
Bus
Connecticut Ave & Chevy Chase Lake Dr
Bus
East West HWY & Rocton Ave
Bus
Connecticut Ave & Manor Rd
Bus
East-West HWY & Maple Ave
Bus
Jones Mill Rd & Coquelin Ter
Crime and Safety
1 - Low Crime, 10 - High Crime
Chevy Chase Lake
US
Homicide
1
4
Sexual Assault
1
4
Assault with Weapon
1
4
Robbery
2
4
Burglary
2
4
Motor Vehicle Theft
2
4
Larceny
3
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
Chevy Chase Lake Demographics and Home Trends
On average, homes in Chevy Chase Lake, Chevy Chase sell after 36 days on the market compared to the national average of 49 days. The median sale price for homes in Chevy Chase Lake, Chevy Chase over the last 12 months is $1,500,000, up 7% from the median home sale price over the previous 12 months.
Incredible value at $718,500!!! This is your opportunity to own a spacious light-filled condo in one of Chevy Chase's most desirable full-service buildings. This bright and airy home has an ideal layout with serene courtyard views that you can enjoy from the oversized balcony. The updated kitchen features stainless steel appliances with ample cabinetry and counter space. Enjoy the convenience
Spacious & sun filled corner 1 bedroom 1.5 bath penthouse condo with over 1,300 SQFT of finished living space on the 7th floor. Updated kitchen with granite counters, stainless steel appliances, and refinished cherry wood cabinets. Enjoy an open living room with high ceilings, luxury vinyl plank floors throughout, crown molding, a large window, and a door leading to a large balcony overlooking
Welcome to this stunning 5-bedroom, 4.5-bath home on a spectacular .45-acre lot in the sought-after enclave of Chevy Chase Hills. This exceptional property with over 4000 sq ft of living space offers a rare combination of timeless elegance, thoughtful renovation, and modern livability—set amid lush, manicured grounds with an in-ground pool, extensive flagstone patios, and a striking serpentine
Welcome to 3527 Hamlet Place, a 2,500 square foot home that has been meticulously updated from top to bottom and truly stands out in this tucked-away Chevy Chase community. With three spacious bedrooms and two renovated bathrooms upstairs, this home offers both comfort and style. Throughout the home, you'll find brand-new hardwood floors on all three levels, new windows, and fresh, modern
Katherine MartinTTR Sotheby's International Realty
Discover Chevy Chase Lake, where elegant living and retail converge in Chevy Chase, Maryland. With two distinct apartment communities, creating a home that inspires has never been easier. At the Barrett, you'll relish the immersive sense of connection, delighting in vibrant spaces and community-focused amenities. And at The Claude, you'll discover a modern simplicity both romantic and
Now available for lease in addition to purchase. This stunning contemporary 6 bedroom/7.5 bath home, constructed in 2018, is situated on a spacious corner lot in highly sought-after Chevy Chase. The open-concept main floor bathes the living and dining room in abundant natural light, creating a welcoming and airy atmosphere. Designed for gracious living and exceptional indoor-outdoor
Discover Crescent at Chevy Chase, a brand new boutique (111 unit) apartment community with all of the amenities of larger buildings and a golf course view to boot! In our first year of operation, we are a "Best of Bethesda - Luxury Apartments" finalist. Be among the first to enjoy our spacious, sophisticated apartments and curated amenities, including a tranquil courtyard, club room,
Interested in learning more about homes in this area?
Reach out to
hugh le,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
4,076
Median Age
48
Population Density
10 ppl/acre
Population under 18
21.1%
On par with the national average
23.8%
Population over 65
27.4%
Above the national average
19.1%
Finances
Median Household Income
$176,913
Significantly above the national average
$71,702
Average Household Income
$192,241
Education and Workforce
High School Graduates
99.9%
College Graduates
88.8%
Significantly above the national average
34.1%
Advanced Degrees
46.6%
Significantly above the national average
13.3%
% Population in Labor Force
69.2%
Weather
Annual Precipitation
42''
Average Winter Low Temperature
31°F
Average Summer High Temperature
89°F
Annual Snowfall
13''
Area Factors
Somewhat Bikeable
Bike Score®
32/ 100
Car-Dependent
Walk Score®
49/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
