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2 Tivoli Lake Ct, Silver Spring, MD, 20906

4beds
4baths
1,706sqft
$585,000
$343price/sqft
$3,934/moest. monthly cost
$157,360/yrincome needed

About This Home

Welcome to 2 Tivoli Lake Court. Lovingly cared for and recently updated. This end unit townhouse sits at the end of the street and backs up to park land and mature trees. The design of the neighborhood is comfortable and fits the landscape. Enter into a formal living room with a soaring cathedral ceiling. The open stairway to the open second floor magnifies the feeling of space. Two-sided fireplace separates the Living and Dining areas. Sliding door off the Dining room gives access to the full width deck off the back. Once there, look out on the landscaped back yard and mature stand of trees beyond the fence. The Breakfast nook connects the Dining Room to the Kitchen and acts as the perfect staging area for a Bar B Que or Thanksgiving Dinner. New Cabinets and new-ish appliances and an Herb Window round out the Kitchen. Three large Bedrooms and Two Full Bathrooms upstairs. Both upstairs bathrooms have been completely replaced, including wall, tiles and plumbing updates. Lots of closet space in the main bedroom. No more second bedroom closet for the spouse. Fully Finished Level Walkout Basement with Rec Room, Fourth Bedroom/Study, Full Bathroom and Utility room. Did I mention the landscaped back yard? Take a seltzer from the refrigerator before going down stairs and take a moment to enjoy the space. Updates include a new roof, two bathrooms, water heater, newer furnace, windows. Check out the seller disclosures for details. Enjoy the low HOA fee and community amenities, including a gym, playground, and scenic walking paths, along with close proximity to Brookside Gardens and Wheaton Regional Park for even more outdoor enjoyment.

Getting Around

9
WalkingCar-Dependent
40
TransitSome Transit
15
BikeSomewhat Bikeable

Schools

4/10
3/10
4/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 1986

Materials

  • Foundation: Concrete Perimeter
  • Roof: Architectural Shingle
  • Construction materials: Other

Notable Dates

  • Major remodel year: 2026

Other

  • Builder name: Richmarr

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Exhaust Fan,Oven/Range - Electric,Refrigerator,Washer,Water Heater,Electric Water Heater
  • Laundry features: In Basement,Dryer In Unit,Washer In Unit

Basement

  • Has basement: Yes
  • Basement: Connecting Stairway,Full,Finished,Interior Entry,Exterior Entry,Rear Entrance,Walk-Out Access,Windows

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main

Features

  • Attic,Breakfast Area,Ceiling Fan(s),Floor Plan - Traditional,Formal/Separate Dining Room,Eat-in Kitchen,Kitchen - Table Space,Dry Wall
  • Flooring: Carpet,Hardwood,Luxury Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Double Sided
  • Fireplace: Yes
  • Finished area below ground: 330
  • Finished area above ground: 1,376

Heating & Cooling

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

Interior Area

  • Total structure area: 1,706
  • Total interior livable area: 1,706 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Recreation Room

  • Level: Lower

Utility Room

  • Level: Lower

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 161302460073
  • Zoning: R90
  • Special condition: Standard

Features

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

Lot

  • Lot size: 3,920 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,Garage Door Opener,Attached,Driveway,Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1

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 $2,958$35,496
Home Insurance *$147$1,764
Property Taxes $548$6,576
Electricity $281$3,374
Total$3,934$47,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$134,880/yr
40% on housing$118,020/yr
45% on housing$104,906/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

$343This listing

vs Other Active Listings

Avg $/sqft

ZIP 20906$165
Montgomery County$281

vs Homes Sold Last Month

Median $/sqft

ZIP 20906$262
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
2026-08-07Contingent$585,000
2026-07-22Price change$585,000
2026-06-20Listed for sale$599,000
2001-06-12Sold$239,900

For Sale by Agent

AgentJay Schlaffer
BrokerageColdwell Banker Realty

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