See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

122 E Deer Park Dr, Gaithersburg, MD, 20877

3beds
3baths
1,694sqft
$510,000
$301price/sqft
$3,446/moest. monthly cost
$137,840/yrincome needed

About This Home

Updated Rancher on a Half-Acre Lot in Prime Gaithersburg Location Welcome to this well-maintained 3-bedroom, 1 full bath/2 half bath rancher situated on a ½-acre lot, offering comfortable single-level living with a finished walkout lower level. Recent updates include a brand-new driveway and a beautifully remodeled eat-in kitchen featuring quartz countertops, soft-close cabinetry, and a charming bay window that fills the space with natural light. The main level showcases hardwood floors throughout and a spacious living room with a wood-burning fireplace, creating a warm and inviting space for everyday living. The finished lower level expands the living space with a large recreation room, a separate office or den, a dedicated laundry room, and a half bath that can easily be expanded into a full bath, providing additional flexibility for future needs. Conveniently located near area schools, shopping, restaurants, and public transportation, this home also offers quick access to the ICC (MD-200), I-270, Shady Grove Metro, Rio Lakefront, and Downtown Crown, making commuting and everyday errands a breeze. This move-in ready home combines classic charm, modern updates, generous outdoor space, and an outstanding location. Don't miss this opportunity!

Getting Around

58
WalkingSomewhat Walkable
47
TransitSome Transit
37
BikeSomewhat Bikeable

Schools

3/10
3/10
Gaithersburg High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1961

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch/Rambler
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Exhaust Fan,Range Hood,Refrigerator,Microwave,Oven/Range - Electric,Gas Water Heater
  • Laundry features: In Basement,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Improved,Rear Entrance,Walk-Out Access

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main

Features

  • Ceiling Fan(s)
  • Window features: Vinyl Clad
  • Flooring: Hardwood,Tile/Brick
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 425
  • Finished area above ground: 1,269

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 2,538
  • Total interior livable area: 1,694 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Lower

Living Room

  • Level: Main

Recreation Room

  • Level: Lower

Storage Room

  • Level: Lower

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 160900819307
  • Zoning: RA
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 0.50 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,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

  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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 $2,578$30,936
Home Insurance *$131$1,572
Property Taxes $456$5,472
Electricity $281$3,374
Total$3,446$41,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$118,148/yr
40% on housing$103,380/yr
45% on housing$91,893/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

$301This listing

vs Other Active Listings

Avg $/sqft

ZIP 20877$208
Montgomery County$281

vs Homes Sold Last Month

Median $/sqft

ZIP 20877$245
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
2026-08-18Contingent$510,000
2026-08-13Listed for sale$510,000
1974-08-23Sold$51,000

For Sale by Agent

AgentAndy Werner
BrokerageRE/MAX Realty Services

Similar Homes