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20901 Merle Dr, Gaithersburg, MD, 20882

5beds
5baths
4,583sqft
$1,290,000
$281price/sqft
$8,806/moest. monthly cost
$352,240/yrincome needed

About This Home

NEW LISTING ALERT in the Damascus Cluster starting in 2027! Welcome to your dream home where modern luxury meets effortless flow across an impressive 7,322 total square feet! Completely transformed with high-end renovations from top to bottom, the main level features brand-new, seamless hardwood flooring and a dramatically opened floor plan connecting the dining room, kitchen, and family room. This seamless layout is anchored by a chef’s dream kitchen with custom cabinetry, premium appliances, and a stunning center island with waterfall granite countertops, flowing right into the family room centered around a sleek new electric fireplace. The main floor also offers a flexible office space (with a closet) that easily doubles as a main-floor bedroom near an upgraded bath. Upstairs boasts 5 bedrooms and 3 fully upgraded bathrooms, while the newly updated basement features a wet/dry bar and another full bath. Every inch of this turn-key home is ready for you to move right in!

Getting Around

1
WalkingCar-Dependent
23
TransitMinimal Transit
19
BikeSomewhat Bikeable

Schools

6/10
3/10
3/10
Gaithersburg High SchoolGrades 9-125.0 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Other
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Central Vacuum,Cooktop,Down Draft,Oven,Refrigerator,Stainless Steel Appliance(s),Washer,Dryer,Dishwasher,Disposal,Water Heater
  • Laundry features: Upper Level

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Finished,Walk-Out Access,Exterior Entry

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bathrooms: 1

Features

  • Soaking Tub,Central Vacuum,Family Room Off Kitchen,Recessed Lighting,Upgraded Countertops,Walk-In Closet(s),Bar
  • Door features: Double Entry
  • Flooring: Wood
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 4,583

Heating & Cooling

  • Heating features: Forced Air,Electric,Oil
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 4,583
  • Total interior livable area: 4,583 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 160101709591
  • Zoning: RE2
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None
  • Patio & porch: Brick,Deck
  • Exterior features: Flood Lights

Lot

  • Lot size: 1.06 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Side,Inside Entrance,Asphalt,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Drought
Heat Wave
Winter Weather

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,522$78,264
Home Insurance *$401$4,812
Property Taxes $1,300$15,600
Electricity $583$7,006
Total$8,806$105,672
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$301,920/yr
40% on housing$264,180/yr
45% on housing$234,826/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.5%
15.5%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 20882$259
Montgomery County$281

vs Homes Sold Last Month

Median $/sqft

ZIP 20882$268
Montgomery County$318

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-25Listed for sale$1,290,000
2026-03-05Sold$805,000
2026-02-26Contingent$799,000
2026-02-20Listed for sale$799,000

For Sale by Agent

AgentKristine DeCastro
BrokerageDeausen Realty

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