Guide to Luxury Apartments, Condos and Townhomes

The amenities and prices for the buildings that just opened or will soon

February 25, 2016 9:40 a.m.

Condominiums

Bethesda

4825 MONTGOMERY LANE

ADDRESS: 4825 Montgomery Lane

DEVELOPER: 4825 Montgomery Lane LLC

DETAILS: This five-floor condominium building near the Bethesda Metro station was completed last year. There are four units in the building, each taking up an entire floor above a ground-floor parking garage. One of the units, a three-bathroom, 1,504-square-foot space, was sold in 2015 for $2.35 million, according to real estate records.

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8008 WISCONSIN

ADDRESS:  8008 Wisconsin Ave.

DEVELOPER: Toll Brothers City Living

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DETAILS: Toll Brothers City Living bought this project in December, according to a local real estate newsletter, and in January announced it would convert it from a 14-story, 140-unit apartment building to a 14-story, 100-unit luxury condominium.  Toll Brothers City Living hopes to begin construction on the building in the summer of 2017. It’s at the former site of the Ranger Surplus store. The project will require additional approvals from the county Planning Department.

 

 

CHEVAL

ADDRESS: 4990 Fairmont Ave.

DEVELOPER: Duball LLC

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DETAILS: Construction is scheduled to start on the project formerly known as 4990 Fairmont early this year, and move-ins could begin late in 2017. The 17-story, 71-unit, mostly glass tower will feature an above-ground parking garage, about 3,000 square feet of street-level retail and one-, two- and three-bedroom units ranging from 950 to more than 2,500 square feet. Penthouses will have individual rooftop areas accessed via staircases within the units. At press time, prices weren’t available.

 

HAMPDEN ROW

ADDRESS: 4915 Hampden Lane

DEVELOPER: Toll Brothers City Living

DETAILS: Construction is underway on the corner of Hampden Lane and Arlington Road and is expected to be finished late this year. Toll Brothers City Living is adding to downtown Bethesda’s market of new luxury condominiums with this seven-story, 55-unit building of one-, two- and three-bedroom units ranging from $400,000 to more than $4 million. The building will include parking, a 24-hour concierge and a rooftop terrace.

 

QUARRY SPRINGS

ADDRESS: 8101 River Road

DEVELOPER: 1788 Holdings

DETAILS: The first phase of this project, almost 50 units in two buildings, opened last year, and the first residents moved in last October. Condos from 2,200 to more than 4,500 square feet are priced from $1.5 million to $4 million. The development, on the site of the former Stoneyhurst Quarries, will feature walking trails and a three-tiered waterfall with a stream once complete. The already completed clubhouse at the center of the site has a fitness center, yoga studio, spa and pool. Residents looking to access the clubhouse won’t have to venture outside, as private underground tunnels connect occupants of each building to the recreation space. The developer is holding off on construction of the project’s second phase, 50 units in two buildings on the other side of the property, until most units in the first phase are sold.

 

STONEHALL

ADDRESS: Intersection of Woodmont Avenue and Battery Lane

DEVELOPER: Duball LLC

DETAILS: Construction is in the early stages on the nine-story, 46-unit building and expected to be completed early next year. Two-bedroom units start in the $800,000s, three-bedroom units start at $1.7 million, and penthouse units start at $2.3 million. The building will feature a rooftop terrace, and the site is located across the street from a Harris Teeter grocery store that’s scheduled to open later this year in the Flats 8300 apartment project.

 

THE DARCY

ADDRESS: 7171 Woodmont Ave.

DEVELOPERS: PN Hoffman and StonebridgeCarras

DETAILS: The Darcy and its companion apartment building, the Flats, officially opened last June. Several of the pricier units in the nine-story, 88-unit building have sold for at least $2.5 million. Prices start at more than $600,000. The units have 9-foot ceilings, and some have private balconies with views of the bustling Bethesda Row area. A private parking area was built into the 1,250-space Montgomery County garage below, and PassionFish Bethesda, a seafood restaurant, opened on the building’s first floor late last summer.

 

THE LAUREN

ADDRESS: 4934 Hampden Lane

DEVELOPER: 1788 Holdings

DETAILS: Construction on this eight-story, 35-unit building is expected to be complete in March. The building will include 28 residences ranging from $1.5 million to $4.5 million, plus a 5,700-square-foot, three-bedroom penthouse, which, at $10.5 million, could become the most expensive condominium ever sold in the Washington, D.C.-area market. In addition to the 29 regularly priced units, there are six income-restricted affordable housing units as well as five guest suites available for purchase to those who have already bought a market-rate condo. Residents will have access to a basement wine lounge that can double as a party venue or conference room. Direct-access elevators will lead to units that feature 9- and 10-foot ceilings and home-automation systems that allow a unit’s thermostat, electronic equipment and shades to be controlled with an iPad.

 

Gaithersburg

DOWNTOWN CROWN

ADDRESS: Diamondback Drive at Copley Street

DEVELOPER: Michael Harris Homes/Streetscape Partners

DETAILS: Michael Harris Homes and Streetscape Partners, which built the well-regarded Symphony Park townhome community at Strathmore, are teaming again to develop a three-building luxury condo community with about 140 units. Built with a “postindustrial” design, the condos will feature a factory brick exterior and oversize windows and loft spaces inside. Each of the units, which will have either one or two bedrooms, will include a balcony, terrace or rooftop patio. Construction is due to be completed in 2017 and prices will range
from the low $300,000s to the $500,000s.

 

Rockville

930 ROSE

ADDRESS: 930 Rose Ave., Pike & Rose

DEVELOPER: Federal Realty Investment Trust

DETAILS: This 11-story, 104-unit luxury condominium project, under construction at Pike & Rose, will sit atop a 10-story Canopy by Hilton hotel. The complex will include a rooftop resident lounge and outdoor terrace with grills, a dog walk and a fitness area. Residents also will have access to many of the hotel amenities, including the cafe, lounge and garden terrace. Entertainment options at Pike & Rose, including the iPic Theaters and Summer House Santa Monica restaurant, are within easy reach. Units start at $315,000 and range from 585-square-foot studios to 2,350-square-foot three-bedroom penthouse residences. Units feature panoramic views, Italian cabinetry and customizable finishes and appliances.

 

Silver Spring

OCTAVE 1320

ADDRESS: 1320 Fenwick Lane

DEVELOPER: ProMark Real Estate Services

DETAILS: This nine-story, 102-unit project, which is a short walk from the Silver Spring Metro station, was completed last fall. One-bedroom units in the converted office building average 500 square feet, and two-bedroom units average 800 square feet, with prices starting at a little more than $200,000. Despite the relatively small size of the units, each features 9-foot ceilings. Some units have sliding bedroom doors to conserve space, and the building has first-floor common areas, basement storage space, a fitness center and a rooftop lounge with views of Bethesda and Washington, D.C.

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