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2531 Island Grove Blvd, Frederick, MD, 21701

3beds
4baths
2,728sqft
$559,000
$205price/sqft
$4,154/moest. monthly cost
$166,160/yrincome needed

About This Home

PRICE ADJUSTMENT! This thoughtfully designed three-bedroom, three-and-a-half-bath townhome offers approximately 2,918 square feet of beautifully appointed living space in the sought-after Wormans Mill community. 🏡🏡 A dramatic two-story entry foyer welcomes you into this elegant urban home, where upper-level views of the Catoctin Mountain peaks provide a stunning backdrop. The spacious dining room serves as the heart of the main level, flanked by a gourmet kitchen and an inviting living room featuring a cozy wood-burning fireplace. 🏡🏡The kitchen is equipped with high-end Monogram stainless-steel appliances and showcases hardwood floors, extended warm cherry cabinetry, and granite countertops. Convenient access from the attached two-car garage makes unloading groceries and deliveries effortless. 🏡🏡Upstairs, the spacious primary suite features a walk-in closet and a luxurious private bath complete with a soaking tub, separate walk-in shower, and dual vanities. Two additional bedrooms, a full bath, and a laundry room complete the second level. 🏡🏡The finished lower level offers exceptional flexibility for a variety of uses, including a recreation room, hobby space, guest quarters, or home office. A full bathroom on this level adds additional convenience. 🏡🏡Outdoor living is equally impressive, with a composite deck and patio fully surrounded by mature trees, creating a unique private oasis. A retractable awning provides shade throughout the day, creating a peaceful outdoor retreat ideal for relaxing or entertaining. 🏡🏡Residents of Wormans Mill enjoy outstanding amenities, including a Clubhouse with a Fitness Room, Library, and full Kitchen, as well as a Community Pool, Pickleball Courts, Tennis Courts, and Basketball Courts. 🏡🏡Ideally located near historic Frederick, Carroll Creek events, major commuter routes, shopping, and dining, this exceptional home combines comfort, convenience, and community living. 🏡🏡Don’t miss the opportunity to tour this beautiful property.

Getting Around

19
WalkingCar-Dependent
21
TransitMinimal Transit
27
BikeSomewhat Bikeable

Schools

6/10
9/10
5/10
Walkersville High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 2008

Materials

  • Foundation: Concrete Perimeter
  • Roof: Architectural Shingle
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional,Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range Hood,Refrigerator,Stainless Steel Appliance(s),Water Heater,Oven/Range - Gas,Gas Water Heater

Basement

  • Area: 808

Basement

  • Has basement: Yes
  • Basement: Partial,Full,Finished,Heated,Improved,Interior Entry,Windows

Bedrooms & Bathrooms

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

Features

  • Soaking Tub,Bathroom - Tub Shower,Bathroom - Walk-In Shower,Breakfast Area,Built-in Features,Ceiling Fan(s),Combination Kitchen/Living,Crown Molding,Dining Area,Family Room Off Kitchen,Open Floorplan,Kitchen - Gourmet,Kitchen Island,Primary Bath(s),Recessed Lighting,Upgraded Countertops,Walk-In Closet(s)
  • Flooring: Engineered Wood,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 808
  • Finished area above ground: 1,920

Heating & Cooling

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

Interior Area

  • Total structure area: 2,728
  • Total interior livable area: 2,728 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1102259486
  • Zoning: PND
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community
  • Fencing: Privacy

Lot

  • Lot size: 3,920 sqft
  • Features: Corner Lot/Unit

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Rear,Garage Door Opener,Detached,On Street
  • 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Heat Wave
Lightning
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 $2,826$33,912
Home Insurance *$120$1,440
Property Taxes $861$10,332
Electricity $347$4,170
Total$4,154$49,848
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$142,422/yr
40% on housing$124,620/yr
45% on housing$110,773/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: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$205This listing

vs Other Active Listings

Avg $/sqft

ZIP 21701$222
Frederick County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 21701$216
Frederick County$230

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
2026-08-14Contingent$559,000
2026-08-14Listed for sale$559,000
2026-08-10Contingent$559,000
2026-07-08Price change$559,000
2026-06-29Price change$564,900
2026-06-05Listed for sale$572,900
2009-01-29Sold$406,350

For Sale by Agent

AgentJoan Reilly
BrokerageColdwell Banker Realty

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