$2,200,000

The Park Potomac Place 12500 Park Potomac Ave Potomac, MD 20854

Estimated payment $16,217/month

Total Views 274
2 Beds
2.5 Baths
2,758 Sq Ft
$798 Price per Sq Ft

Highlights

  • Very Popular Property
  • Concierge
  • Fitness Center
  • Ritchie Park Elementary School Rated A
  • On Golf Course
  • 3-minute walk to Park Potomac Tot Lot

About This Home

NEW ON MARKET OPEN Sat Aug 9th 2-4 & Sun Aug 10th 1-4 PM – Light-filled penthouse in Park Potomac offering over 2,750 sq ft of well-designed living space. This bright corner unit features high ceilings, 2 bedrooms plus a large den, and 2.5 baths. Enter the oval foyer into the grand, open living and dining rooms for the first “wow” factor. Behold soaring curved ceilings and oversized windows with double doors leading to a wide balcony. The spacious kitchen offers a breakfast area, seated center island, and relaxation space. The den is exceptionally large and features custom built in shelving and lighted display cabinets. A spacious primary suite includes a walk-in closet, additional double-door closet, and marble bath with separate tub and walk-in shower with seamless glass door. Additional highlights include upgraded flooring, electric shades, custom built-in shelves and a large laundry room. Two garage spaces and storage are included, with two more spaces available for purchase. Furnishings may be sold separately.

This full-service building with 24-hour security, concierge, fitness center, outdoor pool, multiple seating areas, tot lot, library, and party room. All just one block to grocery, dining, and shops of Park Potomac!

Listing Agent

Wendy Banner

Compass License #0225162224 Listed on: 08/08/2025

Compass

Co-Listing Agent

Ilene Gordon

Compass License #98372620

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,546

Year Built

  • Built in 2008

Lot Details

  • On Golf Course
  • No Units Above
  • Two or More Common Walls
  • Landscaped
  • Extensive Hardscape
  • Cleared Lot
  • Property is in very good condition

HOA Fees

  • $2,543 Monthly HOA Fees

Parking

  • Basement Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Lighted Parking
  • Rear-Facing Garage
  • Garage Door Opener
  • Parking Space Conveys
  • Secure Parking

Home Design

  • Penthouse
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,758 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Tray Ceiling
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Palladian Windows
  • Bay Window
  • Combination Dining and Living Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Grab Bars
  • Halls are 36 inches wide or more
  • Garage doors are at least 85 inches wide
  • Doors swing in
  • Level Entry For Accessibility

Outdoor Features

  • Exterior Lighting

Schools

  • Ritchie Park Elementary School
  • Julius West Middle School
  • Richard Montgomery High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160403634986

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), reserve funds, trash, gas, parking fee, snow removal
  • High-Rise Condominium
  • Park Potomac Condos
  • Park Potomac Subdivision, Penthouse Floorplan
  • Park Potomac Condo Community
  • Property Manager

Amenities

  • Concierge
  • Picnic Area
  • Common Area
  • Game Room
  • Party Room
  • Community Library
  • Guest Suites
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Security Service
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,546

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,543 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Colonial
  • Accessibility Features: 36"+ Wide Halls, >84" Garage Door, Doors - Swing In, Elevator, Grab Bars Mod, Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2008
  • Remarks Public: NEW ON MARKET OPEN Sat Aug 9th 2-4 & Sun Aug 10th 1-4 PM – Light-filled penthouse in Park Potomac offering over 2,750 sq ft of well-designed living space. This bright corner unit features high ceilings, 2 bedrooms plus a large den, and 2.5 baths. Enter the oval foyer into the grand, open living and dining rooms for the first “wow” factor. Behold soaring curved ceilings and oversized windows with double doors leading to a wide balcony. The spacious kitchen offers a breakfast area, seated center island, and relaxation space. The den is exceptionally large and features custom built in shelving and lighted display cabinets. A spacious primary suite includes a walk-in closet, additional double-door closet, and marble bath with separate tub and walk-in shower with seamless glass door. Additional highlights include upgraded flooring, electric shades, custom built-in shelves and a large laundry room. Two garage spaces and storage are included, with two more spaces available for purchase. Furnishings may be sold separately. This full-service building with 24-hour security, concierge, fitness center, outdoor pool, multiple seating areas, tot lot, library, and party room. All just one block to grocery, dining, and shops of Park Potomac!
  • Washer Dryer Hookups YN: Yes
  • Special Features: 4097
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven - Wall, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 10
  • Flooring Type: Carpet, Marble
  • Interior Amenities: Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors
  • Window Features: Bay/Bow, Double Pane, Palladian
  • Fireplace: No
  • Common Walls: 2+ Common Walls, No One Above
  • Wall Ceiling Types: 9'+ Ceilings, 2 Story Ceilings, Dry Wall, High, Tray Ceilings
  • Floors In Unit Count: 10
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Has Laundry, Dryer In Unit
  • Total Sq Ft: 2758
  • Living Area Sq Ft: 2758
  • Price Per Sq Ft: 797.68
  • Above Grade Finished Sq Ft: 2758
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12500

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Heated, Lighted Parking, Parking Space Conveys, Secure Parking
  • Garage Features: Additional Storage Area, Basement Garage, Garage - Rear Entry, Garage Door Opener, Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Programmable Thermostat, Zoned, Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: DSL, Fiber Optic, Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2543.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Park Potomac
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Fitness Center, Game Room, Guest Suites, Library, Party Room, Picnic Area, Pool - Outdoor, Security, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Reserve Funds, Trash, Gas, Parking Fee, Snow Removal
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, Gunite, In Ground, Lap/Exercise

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: RITCHIE PARK
  • Middle School: JULIUS WEST
  • High School: RICHARD MONTGOMERY
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: RITCHIE PARK
  • High School: RICHARD MONTGOMERY
  • Middle Or Junior School: JULIUS WEST

Lot Info

  • Land Use Code: U
  • Lot Features: Cleared, Corner, Landscaping
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2025
  • Zoning: I3
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit, Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 19546.00
  • Assessor Parcel Number: 160403634986
  • Tax Total Finished Sq Ft: 2758
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

About The Park Potomac Place

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,546 $1,695,000 $0 $0
2023 $19,135 $1,655,000 $496,500 $1,158,500
2022 $13,339 $1,655,000 $496,500 $1,158,500
2021 $18,276 $1,655,000 $496,500 $1,158,500
2020 $18,285 $1,655,000 $496,500 $1,158,500
2019 $17,358 $1,571,667 $0 $0
2018 $16,469 $1,488,333 $0 $0
2017 $15,803 $1,405,000 $0 $0
2016 -- $1,371,667 $0 $0
2015 $15,171 $1,338,333 $0 $0
2014 $15,171 $1,305,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $2,200,000 +292.9% $798 / Sq Ft
08/31/2016 08/31/16 Sold $560,000 -2.6% $560 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $575,000 0.0% $575 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $575,000 -- $575 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $1,305,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Closed $919,000 Adjustable Rate Mortgage/ARM
Closed $975,000 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: MDMC2194498

Bright MLS

APN: 04-03634986

Maryland Montgomery County Potomac 20854

12500 Park Potomac Ave, Potomac, MD

This home is located at 12500 Park Potomac Ave, Potomac, MD 20854 and is currently priced at $2,200,000, approximately $797 per square foot. This property was built in 2008. 12500 Park Potomac Ave is a home located in Montgomery County with nearby schools including Ritchie Park Elementary School, Julius West Middle School, and Richard Montgomery High School.

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Wendy Banner
Listing Agent
Wendy Banner
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Compass
(227) 238-0376