NOT LISTED FOR SALE

Ritz-Carlton Residences 8551 Connecticut Ave Unit 203 Chevy Chase, MD 20815

Chevy Chase Lake Neighborhood

Estimated Value: $1,354,000 - $1,517,955

2 Beds
2.5 Baths
1,565 Sq Ft
$1,769/mo HOA Fee

Last Sold April 28, 2023

Last sale price $1,299,900 $831 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $11,046/month

Highlights

  • Concierge
  • Fitness Center
  • Gourmet Kitchen
  • Rosemary Hills Elementary School Rated A-
  • New Construction
  • Open Floorplan

About This Home

As of April 2023

Offering exceptional service and peerless attention to detail, The Ritz-Carlton Residences, Chevy Chase embodies the same legendary standards of hospitality that guests expect from Ritz-Carlton hotels the world over. Onsite services and amenities include Valet, Doorman, 24/7 Concierge, Porter Service, Onsite Management and Building Engineer, 12,000sf Amenitiy Space with Fitness center, multiple Club Rooms, Onsite Catering Kitchen and Outdoor Spaces with BBQ Grills, Fire pits, and free wifi throughout the building. One Bedroom +Den to Three Bedroom homes spanning six floors, each serviced to the world-renowned Ritz-Carlton standards and set atop stylish, ground-level retail. Town Square retail to include grocer, pharmacy, restaurants, wine bar, and retail. Easy access to future Purple Line Metro and Capital Cresent Trail. This is a life, a space, a home created to celebrate what lightens you. Please contact the sales gallery for more information and to schedule a presentation!

Last Listed By

AJINDER Mann

McWilliams/Ballard Inc. Listed on: 03/29/2023

McWilliams/Ballard Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,278

Year Built

  • Built in 2022 | New Construction

HOA Fees

  • $1,769 Monthly HOA Fees

Parking

  • Garage Door Opener

Home Design

  • Penthouse
  • Contemporary Architecture
  • Steel Siding
  • Masonry

Interior Spaces

  • 1,565 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Tray Ceiling
  • Double Pane Windows
  • Double Hung Windows
  • Window Screens
  • Wood Flooring
  • Monitored

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Electric Front Loading Dryer
  • Front Loading Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, trash, sewer, water, high speed internet
  • Mid-Rise Condominium
  • Built by Bozzuto
  • Chevy Chase Subdivision
  • Property Manager

Amenities

  • Concierge
  • Doorman
  • Meeting Room
  • Party Room

Recreation

  • Pool Membership Available

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,278

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$1,769 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer - Front Loading, Dryer - Electric, Exhaust Fan, Freezer, Icemaker, Oven/Range - Gas, Refrigerator, Washer - Front Loading, Water Heater - Tankless
  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Interior Amenities: Floor Plan - Open, Kitchen - Gourmet, Walk-In Closet(s), Window Treatments
  • Window Features: Screens, Double Pane, Double Hung
  • Wall Ceiling Types: Tray Ceilings
  • Levels Count: 1
  • Room List: Bedroom 1, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1565
  • Living Area Sq Ft: 1565
  • Price Per Sq Ft: 830.61
  • Above Grade Finished Sq Ft: 1565
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8551

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: Concrete, Masonry, Steel Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Limited Common Elements
  • Garage Features: Underground, Garage Door Opener
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Tankless, Natural Gas
  • Security: Doorman, Desk In Lobby, Monitored, Resident Manager
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1769.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Fitness Center, Meeting Room, Party Room, Concierge, Pool Mem Avail, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Gas, Insurance, Trash, Sewer, Water, High Speed Internet
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Property Condition: Excellent
  • Zoning: 0000
  • In City Limits: No

Building Info

  • Builder Name: Bozzuto

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 0000
  • Tax Year: 2022
  • Close Date: 04/28/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Apr 28, 2023
Sold by
Ba B2 Residential Llc
Bought by
Fralin Kate S and Fralin William S
Seller's Agent
AJINDER Mann
McWilliams/Ballard Inc.
Buyer's Agent
Dana Rice
Compass
List Price
$1,299,900
Sold Price
$1,299,900
Total Days on Market
0
Views
1
Current Estimated Value
$1,428,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,589
Avg. Annual Appreciation
4.78%
Original Mortgage
$540,000
Outstanding Balance
$527,832
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$900,657

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fralin Kate S $1,299,900 Stewart Title Guaranty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fralin Kate S $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $1,299,900 0.0% $831 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $1,299,900 -- $831 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $16,278 $1,400,000 $420,000 $980,000
2023 $16,281 $1,400,000 $420,000 $980,000
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • AJINDER Mann

    Seller's Agent in 2023

    AJINDER Mann

    McWilliams/Ballard Inc.

    (703) 945-6983

    23 in this area

    75 Total Sales

    AJINDER Mann
    Section Image
  • Miriam Fernandez

    Seller Co-Listing Agent in 2023

    Miriam Fernandez

    McWilliams/Ballard Inc.

    (703) 850-1159

    22 in this area

    61 Total Sales

    Miriam Fernandez
    Section Image
  • Dana Rice

    Buyer's Agent in 2023

    Dana Rice

    Compass

    (202) 669-6908

    1 in this area

    588 Total Sales

    Dana Rice
    Section Image
  • Kate Fralin

    Buyer Co-Listing Agent in 2023

    Kate Fralin

    Compass

    (202) 422-3524

    1 in this area

    40 Total Sales

    Kate Fralin
    Section Image
See All Agents

About Ritz-Carlton Residences

Map

Similar Homes in the area

  • 6820 Wisconsin Ave Unit 8001, Chevy Chase, MD 20815

    $1,595,000

    • 3 Beds
    • 3.5 Baths
    • 2,485 Sq Ft
    • 6820 Wisconsin Ave
    • Unit 8001
    • Chevy Chase, MD

    $105,000 PRICE REDUCTION - AMAZING VALUE FOR A HIGH-END CONDO IN BETHESDA. Welcome to Unit 8001 at the Adagio, a boutique luxury residence in the heart of Bethesda. Enjoy all the perks of urban living right at your doorstep.This rarely available two-level corner unit offers 3 bedrooms, 3.5 bathrooms over 2,485 square feet of thoughtfully designed living space. Finished in a sleek, modern style,

    Eric Stewart Long & Foster Real Estate, Inc.

    Section Image
  • 8551 Connecticut Ave Unit 206, Chevy Chase, MD 20815

    $1,649,000

    • 2 Beds
    • 2.5 Baths
    • 1,400 Sq Ft
    • 8551 Connecticut Ave
    • Unit 206
    • Chevy Chase, MD

    Bright and spacious 2BR 2.5 BA. Chefs Kitchen. Largest Balcony in the Building accessible from the living room and both bedrooms. Everything you love about the 5-star Ritz Carlton, but you now get to call this home. Convenient to Crescent Trail, Purple Line, shopping and amenities. The building boasts full concierge service with gyms, catering kitchen, multiple party rooms, outdoor space with

    Sarah Aschenbach Compass

    Section Image
  • 8551 Connecticut Ave Unit 207, Chevy Chase, MD 20815

    $1,375,000

    • 2 Beds
    • 2.5 Baths
    • 8551 Connecticut Ave
    • Unit 207
    • Chevy Chase, MD

    Welcome to Unit 207-a two-bedroom 1,430sf exquisite beauty located in the Ritz-Carlton Residences where exceptional services becomes part of your daily life. That would include a valet, doorman, 24/7 concierge, porter service, and an onsite management and building engineer; plus 12,000sf of space dedicated to remarkable amenities: a fitness center, multiple Club Rooms, onsite catering kitchen and

    Bay Buchanan Corcoran McEnearney

    Section Image
  • 8551 Connecticut Ave Unit 603, Chevy Chase, MD 20815

    $1,650,000

    • 2 Beds
    • 2.5 Baths
    • 1,565 Sq Ft
    • 8551 Connecticut Ave
    • Unit 603
    • Chevy Chase, MD

    Experience the pinnacle of luxury living in this exquisite penthouse corner unit at the prestigious Ritz Carlton Residences. Spanning 1,565 square feet, this elegant home offers an open floor plan that seamlessly blends sophistication with comfort. The gourmet kitchen is a culinary masterpiece, featuring a stunning waterfall quartz island that serves as the centerpiece for both cooking and

    Pamela Sislen Compass

    Section Image
  • 8551 Connecticut Ave Unit 302, Chevy Chase, MD 20815

    $1,579,900

    • 2 Beds
    • 2 Baths
    • 1,782 Sq Ft
    • 8551 Connecticut Ave
    • Unit 302
    • Chevy Chase, MD

    Building Close-out! Only a few homes remain! Seller is offering 12 months of paid condo fees for all agreements submitted by 4/30/25. Offering exceptional service and peerless attention to detail, The Ritz-Carlton Residences, Chevy Chase embodies the same legendary standards of hospitality that guests expect from Ritz-Carlton hotels worldwide. Onsite services and amenities include Valet,

    AJINDER Mann McWilliams/Ballard Inc.

    Section Image
  • 8551 Connecticut Ave Unit 210, Chevy Chase, MD 20815

    $1,732,400

    • 2 Beds
    • 2 Baths
    • 8551 Connecticut Ave
    • Unit 210
    • Chevy Chase, MD

    Building Close-out! Only a few homes remain! Seller is offering 12 months of paid condo fees for all agreements submitted by 4/30/25. With exceptional service and peerless attention to detail, The Ritz-Carlton Residences, Chevy Chase embodies the same legendary standards of hospitality that guests expect from Ritz-Carlton hotels worldwide. Onsite services and amenities include Valet, Doorman,

    AJINDER Mann McWilliams/Ballard Inc.

    Section Image
  • 8551 Connecticut Ave Unit 412, Chevy Chase, MD 20815

    $1,232,400

    • 2 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 8551 Connecticut Ave
    • Unit 412
    • Chevy Chase, MD

    Building Close-out! Only a few homes remain! Seller is offering 12 months of paid condo fees for all agreements submitted by 4/30/25. With exceptional service and peerless attention to detail, The Ritz-Carlton Residences, Chevy Chase embodies the same legendary standards of hospitality that guests expect from Ritz-Carlton hotels the world over. Onsite services and amenities include Valet,

    Miriam Fernandez McWilliams/Ballard Inc.

    Section Image
  • 8302 Woodmont Ave Unit 306, Bethesda, MD 20814

    $1,250,000

    • 2 Beds
    • 2 Baths
    • 1,555 Sq Ft
    • 8302 Woodmont Ave
    • Unit 306
    • Bethesda, MD

    Discover modern urban living in this spacious 1,551 sq ft corner unit at Stonehall, a premier condominium located in the heart of Bethesda, MD. Designed with contemporary elegance, this residence offers a blend of luxury and convenience.Key Features:• Bright and Open Living Spaces: Enjoy an abundance of natural light streaming through expansive windows, highlighting the rich hardwood

    Yiwei Chang Fortune Washington Realty Group LLC

    Section Image
  • 7171 Woodmont Ave Unit 412, Chevy Chase, MD 20815

    $1,195,000

    • 2 Beds
    • 2 Baths
    • 1,660 Sq Ft
    • 7171 Woodmont Ave
    • Unit 412
    • Chevy Chase, MD

    Situated in the heart of downtown Bethesda, this exquisite 2 bedroom den, two bath condo, with 2 garage spots and a storage unit is located in the Darcy, a pet-friendly boutique building with countless amenities. Located on the west-facing side of Woodmont Avenue, this unit highlights stunning sunsets and views into downtown Bethesda. The open floor plan has no shortage of natural light and

    Jane Fairweather Long & Foster Real Estate, Inc.

    Section Image
See All Homes in Chevy Chase

Source: Bright MLS

MLS Number: MDMC2087500

Bright MLS

APN: 07-03867286

Maryland Montgomery County Chevy Chase 20815 Chevy Chase Lake

8551 Connecticut Ave Unit 203, Chevy Chase, MD

Homes for Sale in Chevy Chase, MD

This home is located at 8551 Connecticut Ave Unit 203, Chevy Chase, MD 20815 since 29 March 2023 and is currently estimated at $1,428,489, approximately $912 per square foot. This property was built in 2022. 8551 Connecticut Ave Unit 203 is a home located in Montgomery County with nearby schools including Rosemary Hills Elementary School, North Chevy Chase Elementary School, and Silver Creek Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.