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$924,900

Beds
3
Baths
4.0
sq ft
2,717

5808 Riggs Rd, Gaithersburg, MD 20882

5808 Riggs Rd

GAITHERSBURG, MD 20882

  • 1 day on market
    • Open house Apr 06
Stunning Brick Contemporary Home on 4.88 Acres Nestled on nearly five acres of picturesque, park-like land in the desirable Laytonsville/Gaithersburg area, this custom-built, sun-drenched home offers the perfect blend of comfort, and accessibility. Step inside to a spacious interior featuring soaring vaulted ceilings with exposed beams, a striking two-story stone fireplace, and an open-concept layout designed for effortless living. A wall of oversized casement windows fills the main level with natural light, offering spectacular views of the expansive backyard. Designed with both comfort and convenience in mind, this thoughtfully crafted home includes accessibility-friendly upgrades throughout. A generous mudroom provides seamless entry to the oversized two-car garage with soaring 10+ ft ceilings. For added convenience, a Bruno top-of-the-line lift connects the garage directly to the kitchen area, ensuring easy access for all. Well-Designed Living Spaces The main floor features a primary suite, an additional bedroom, and two full bathrooms, along with a well-appointed kitchen, living room, and dining area. The recently renovated bathroom is designed with wide doorways, a roll-in shower, a roll-under vanity, and non-slip flooring, enhancing ease of use for all. Upstairs, a spacious loft overlooks the great room, leading to an additional primary suite with full bathroom and loft area providing a private owner's retreat. Versatile Lower Level The partially finished, daylight-filled basement offers endless possibilities. With a full bathroom already in place, this space is perfect for an exercise room, storage, or a future home theater. The walk-out access to the backyard allows for potential customization, whether transforming the space into additional bedrooms, an in-law suite, a private apartment, or a home business. Outdoor Oasis Enjoy rolling green lawns, perfect for entertaining, along with a large wooden shed for tools and equipment. The property also features three acres of mature trees surrounding a tranquil stream, offering a private, peaceful retreat—all while being just minutes from shopping and dining in Olney and Gaithersburg. Recent Upgrades: •

Details

Property type

Single Family Residence

Est. home value

$788,588

Lot size

4.88 acres

Price per sq ft

$341

Year built

1989

Annual property taxes

$8,157

HOA

No

Price History

04/03/2025
Bright

Bright #MDMC2168438

Listed
$924,900
+49.78%
11/20/2020
Bright

Bright #MDMC730310

Sold
$617,500
+15.42%
07/11/2019
Bright

Bright #MDMC657920

Sold
$535,000

Schools & Community

Elementary school: 

LAYTONSVILLE

Middle school: 

GAITHERSBURG

High school: 

GAITHERSBURG

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$488,760
Asking price
$924,900
Closing costs (~8% of asking)
-$73,992
Est. remaining loan balance
-$362,148
Cash to seller
$488,760

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

November 2020

Original loan amount

$401,000

Est. remaining balance

$362,148

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

David Arthur Helton and Mary Jane Helton

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 12:00 PM

Listing updated: 04/03/2025 at 9:16 AM

Listed by: Valerie D Harnois, Long & Foster Real Estate, Inc. Phone #: (301) 299-6000

MLS: Bright #MDMC2168438

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