542 Market St E

Gaithersburg, MD 20878
  • $874,900

    Price
  • 3

    Bed
  • 4

    Bath
  • 3,100

    SqFt
  • 0.04

    Acre

About the Listing TTRS13 - 3371013

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.

Listing Highlights for 542 Market St E

Status Active With Contingency
Days on Site 40
Property Type Townhome
MLS ® MDMC2258146
Year Built 2003
Total Square Footage 3,100
Lot/Acreage 0.04
County Montgomery
Neighborhood Lakelands
HOA Dues 135/Monthly

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full / 2 Half
  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Air Cond:
  • Heating: Forced Air,Heat Pump(s),Zoned
  • Fireplaces: 1, Corner,Fireplace - Glass Doors,Gas/Propane,1 Fireplace
  • Floor: Ceramic Tile,Hardwood,Carpet
  • Above Ground Sq Ft: 2400
  • Below Ground Sq Ft: 700
  • Basement: Fully Finished,Improved,Sump Pump
  • Other: 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,No Pet Restrictions,Pets Allowed
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No,In City Limits
  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Zoning: MXD
  • Roof: Asphalt
  • Others: Excellent,Basketball Courts,Club House,Common Grounds,Community Center,Exercise Room,Fitness Center,Lake,Party Room,Pool - Outdoor,Tennis Courts,Tot Lots/Playground,Common Area Maintenance,Pool(s),Recreation Facility,Snow Removal,Trash
  • Sewer: Public Sewer
  • Parking Features: Garage Door Opener,Detached Garage,On Street,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $8,972
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2026

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542 Market St E Gaithersburg, MD 20878

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Originating MLS: BRIGHT_MAIN

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Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

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