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18012 Rolling Meadow Way #289, Olney, MD, 20832

2beds
2baths
986sqft
$325,000
$330price/sqft
$2,293/moest. monthly cost
$91,720/yrincome needed

About This Home

Welcome to 18012 Rolling Meadow Way #289, a beautifully situated 2-bedroom, 2-bath residence offering effortless living in one of Olney’s most desirable and convenient locations. Featuring an updated Kitchen with Silestone countertops and stainless-steel appliances. HVAC, Hot Water Heater, Windows and Doors all replaced within the last two years. Fireplace in the living room. Seller offers a flooring allowance of $7,000. OR use it towards closing costs! This home presents an exceptional opportunity to enjoy a low-maintenance lifestyle in the heart of town. Inside, a thoughtfully designed floor plan features spacious living and dining areas filled with natural light, creating an inviting setting for both everyday living and entertaining. The well-proportioned bedrooms provide comfortable private retreats, while two full baths add convenience and functionality. Beyond the condo itself, residents enjoy access to a collection of community amenities, including a swimming pool, tot lots, tennis courts and a recreation and gathering room. Just moments from your front door, downtown Olney offers an impressive mix of dining, fitness, retail, and everyday conveniences, including Fitness First, specialty restaurants, grocery stores, banking, salons, dry cleaning services, and more. The Olney Library and Post Office are also within easy walking distance, enhancing the ease of daily life. Perfectly positioned in the center of one of Montgomery County’s most established communities, this residence offers the ideal blend of convenience, community, and lock-and-leave living. Whether you're seeking a primary residence, a downsizing opportunity, or an investment property, this is a rare chance to enjoy an exceptional lifestyle in a premier Olney location. CAT on premises, he is old and won't bother you, please don't let him out.

Getting Around

75
WalkingVery Walkable
32
TransitSome Transit
71
BikeVery Bikeable

Schools

5/10
Olney Elementary SchoolGrades K-50.4 mi
9/10
6/10
Sherwood High SchoolGrades 9-122.9 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1987

Materials

  • Foundation: Slab
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Transitional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Microwave,Built-In Range,Dishwasher,Disposal,Dryer,Refrigerator,Washer,Gas Water Heater
  • Laundry features: Main Level,Washer In Unit,Dryer In Unit

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Breakfast Area,Ceiling Fan(s),Entry Level Bedroom,Eat-in Kitchen
  • Window features: Window Treatments
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 986

Heating & Cooling

  • Heating features: Heat Pump,Natural Gas
  • Cooling features: Heat Pump,Electric

Interior Area

  • Total structure area: 986
  • Total interior livable area: 986 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Property

Accessibility

  • Accessibility features: Accessible Entrance,2+ Access Exits

Details

  • Parcel number: 160802751048
  • Zoning: CONDO
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community
  • Exterior features: Sidewalks

Parking

  • Parking features: Parking Lot

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
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Winter Weather
Heat Wave

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 $1,643$19,716
Home Insurance *$73$876
Property Taxes $296$3,552
Electricity $281$3,374
Total$2,293$27,516
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,617/yr
40% on housing$68,790/yr
45% on housing$61,146/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

$330This listing

vs Other Active Listings

Avg $/sqft

ZIP 20832$232
Montgomery County$281

vs Homes Sold Last Month

Median $/sqft

ZIP 20832$279
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
2026-07-30Listed for sale$325,000
1988-02-29Sold$89,390

For Sale by Agent

AgentLarry Pendleton
BrokerageRory S. Coakley Realty, Inc.

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