Nestled in a lush 24-acre gated estate in Bethesda, The Promenade defines luxury living, with resort-style amenities and splendid views across Montgomery County.
The community’s storied history stretches back almost a century. The grounds once housed the sprawling estate of Nation’s Business publisher and civic leader Merle Thorpe. The property then served as home to the exiled Norwegian Royal Family during World War II.
In the 1970s, developer Nathan Landow built the high-rise complex that would “cater to the luxury-recreation market,” according to The Washington Post. The complex included indoor and outdoor pools, a tennis complex, fitness center with classes, hair salon, dry cleaner, grocery store, massage therapy, and a bar, restaurant, and lounge. All of these amenities, now updated, Promenade residents still enjoy!
In the 1980s, The Promenade was converted to a cooperative community and has kept pace with the times ever since, like many of the region’s most prestigious residences. The community is collectively owned and managed by residents. They are shareholders in the non-profit corporation, electing directors to oversee management and maintenance. Unlike a condominium, the monthly co-op fee covers: property taxes, utilities, master insurance policy, cable TV, management, 24-hour front desk, gated entry, garage parking, pool, gym and tennis club memberships, and much more. Located close to downtown Bethesda with easy access to the Capital Beltway and I-270 for a smooth commute, The Promenade enjoys Ride On bus service from its palatial main lobby to the Metro.
“The Promenade is the best value in luxury resort-style, high-rise living in Bethesda,” says Jim Nickelsporn, President of the Board of Directors. Residences range from 630 to over 2,500 square feet and range from $165,000 to $600,000. The Promenade makes every day seem like a vacation. This building must be seen to be believed! It’s smoke-free, too!