23 Arch Place Unit 475 Gaithersburg, MD 20878
Kentlands NeighborhoodEstimated payment $3,984/month
Total Views
5,309
2
Beds
2.5
Baths
1,652
Sq Ft
$319
Price per Sq Ft
Highlights
- Fitness Center
- Gourmet Kitchen
- Clubhouse
- Rachel Carson Elementary School Rated A
- Open Floorplan
- Traditional Architecture
About This Home
Welcome to this beautifully updated 2-bed, 2.5-bath penthouse residence in the highly coveted Colonnade at the Kentlands. Perfectly situated just steps from vibrant Downtown Kentlands, this spacious home offers over 1,650 sq ft of refined living space with stylish finishes and thoughtful upgrades throughout. Step inside to a sunlit open-concept layout featuring 10-ft ceilings, hardwood floors, elegant crown molding, and a seamless flow that enhances both comfort and functionality. The kitchen showcases crisp white cabinetry, granite countertops, stainless steel appliances—including a new refrigerator (2023)—modern fixtures (2021), and a pantry for added convenience. The inviting living room is anchored by a gas fireplace with a custom wood-trim mantel and new tiled hearth (2021), framed by built-in shelving and accented by an updated chandelier. The adjacent dining area is highlighted by classic wainscoting, while a fully renovated powder room (2021) adds a touch of sophistication with a contemporary vanity and designer tile flooring. Both generously sized bedrooms are private en-suite retreats, each offering direct access to the expansive, peaceful balcony with pool views. The bathrooms, fully redesigned in 2021, feature dual vanities, updated tile flooring, fixtures, and showers, and ample storage. A laundry closet with a full-sized washer and dryer (2021–2024) adds everyday convenience. Additional upgrades include new LED lighting, ceiling fans, window shades, a programmable Wi-Fi thermostat, fresh interior paint, a replaced garbage disposal, and a flushed water heater with new mixing valve and piping (2021-2024). The expansive balcony with three separate access points offers elevated views, ideal if looking to unwind with some fresh air. One assigned parking space conveys PLUS, and additional garage space #243 is leased and has been fully paid through June 2026! (lease conveys to new buyer and future extensions are possible). Residents of The Colonnade enjoy exceptional amenities, including a resort-style outdoor pool, two-story fitness center, library, wine room, and a stylish party room with a pool table and foosball. The community also hosts lively events such as themed dinners, a Super Bowl chili cook-off, and an annual summer pool party. With Downtown Kentlands less than a mile away, you’ll enjoy easy access to premier shopping, dining, and entertainment, including Whole Foods, Cinepolis Luxury Cinema, weekly farmers markets, Oktoberfest, and more. Don’t miss your chance to experience this exceptional home and worry-free lifestyle.
Listing Agent
Keller Williams Capital Properties License #638126 Listed on: 05/29/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,861
Year Built
- Built in 2005
HOA Fees
Parking
- 2 Assigned Parking Garage Spaces
- Assigned parking located at #328, 243
- Off-Street Parking
- Rented or Permit Required
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 1,652 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Built-In Features
- Crown Molding
- Wainscoting
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Family Room Off Kitchen
- Combination Dining and Living Room
Kitchen
- Gourmet Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry in unit
- Dryer
- Washer
Schools
- Rachel Carson Elementary School
- Lakelands Park Middle School
- Quince Orchard High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Accessible Elevator Installed
- Balcony
Listing and Financial Details
- Assessor Parcel Number 160903513997
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, management, trash, pool(s), snow removal
- Low-Rise Condominium
- The Colonnade Condos
- The Colonnade Codm Community
- The Colonnade At Kentlands Subdivision
Amenities
- Common Area
- Clubhouse
- Billiard Room
- Party Room
- Community Library
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Limit on the number of pets
- Pet Size Limit
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,861 | $368,333 | $0 | $0 |
| 2023 | $4,731 | $360,000 | $108,000 | $252,000 |
| 2022 | $4,391 | $343,333 | $0 | $0 |
| 2021 | $3,508 | $326,667 | $0 | $0 |
| 2020 | $3,976 | $310,000 | $93,000 | $217,000 |
| 2019 | $3,946 | $306,667 | $0 | $0 |
| 2018 | $3,920 | $303,333 | $0 | $0 |
| 2017 | $3,872 | $300,000 | $0 | $0 |
| 2016 | $3,896 | $286,667 | $0 | $0 |
| 2015 | $3,896 | $273,333 | $0 | $0 |
| 2014 | $3,896 | $260,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | For Sale | $527,500 | +27.1% | $319 / Sq Ft |
| 03/02/2021 03/02/21 | Sold | $415,000 | 0.0% | $251 / Sq Ft |
| 02/01/2021 02/01/21 | Pending | -- | -- | -- |
| 02/01/2021 02/01/21 | Price Changed | $415,000 | +1.2% | $251 / Sq Ft |
| 01/26/2021 01/26/21 | For Sale | $409,900 | 0.0% | $248 / Sq Ft |
| 09/12/2016 09/12/16 | Rented | $1,995 | -9.3% | -- |
| 08/31/2016 08/31/16 | Under Contract | -- | -- | -- |
| 07/25/2016 07/25/16 | For Rent | $2,200 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $415,000 | Kvs Title Llc | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $305,000 | New Conventional | |
| Previous Owner | $288,718 | New Conventional | |
| Previous Owner | $328,320 | Purchase Money Mortgage | |
| Previous Owner | $61,560 | Stand Alone Second |
Source: Public Records
Similar Homes in Gaithersburg, MD
Source: Bright MLS
MLS Number: MDMC2179326
APN: 09-03513997
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