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16408 Apache Ln, Gaithersburg, MD, 20878

5beds
4baths
3,020sqft
$779,000
$258price/sqft
$5,217/moest. monthly cost
$208,680/yrincome needed

About This Home

Beautifully maintained single-family home nestled on a lush, tree-lined lot offering privacy and charm. Featuring hardwood floors throughout, updated recessed lighting, new paint, and stylish ceiling fixtures, this home is move-in ready. The upper level offers four spacious bedrooms and two full baths, including a serene primary suite with a freestanding soaking tub and separate shower. Enjoy outdoor living on the large Trex deck overlooking a peaceful wooded backdrop, perfect for relaxing or entertaining. The fully finished walkout basement adds valuable living space with an additional bedroom and full bath—ideal for guests or extended living. Conveniently located near major commuter routes, shopping, and parks.

Getting Around

49
WalkingCar-Dependent
33
TransitSome Transit
34
BikeSomewhat Bikeable

Schools

6/10
Ridgeview Middle SchoolGrades 6-80.2 mi
8/10

Construction

Condition

  • Year built: 1973

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 1040

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 1,040
  • Finished area above ground: 1,980

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Other,Electric

Interior Area

  • Total structure area: 3,020
  • Total interior livable area: 3,020 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 160601509323
  • Zoning: R200
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None

Lot

  • Lot size: 0.32 Acres

Parking

  • Total spaces: 2
  • Parking features: Inside Entrance,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Hail
Heat Wave
Inland Flooding
Strong Wind

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 $3,939$47,268
Home Insurance *$152$1,824
Property Taxes $742$8,904
Electricity $384$4,617
Total$5,217$62,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$178,868/yr
40% on housing$156,510/yr
45% on housing$139,120/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

$258This listing

vs Other Active Listings

Avg $/sqft

ZIP 20878$268
Montgomery County$281

vs Homes Sold Last Month

Median $/sqft

ZIP 20878$289
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
2026-05-02Listed for sale$795,000
2012-04-26Sold$430,000
2012-01-20Listing removed$449,900
2011-12-26Price change$449,900
2011-11-17Price change$464,900
2011-10-27Price change$474,900
2011-10-01Listed for sale$484,900
2008-04-01Sold$505,000
2004-09-29Sold$500,000
2001-08-23Sold$304,900

For Sale by Agent

AgentSang Lee
BrokerageFairfax Realty 50/66 LLC

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