542 Market St E, GAITHERSBURG, MD

$874,900

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3

Beds

3

Baths

3,100

Square feet

0.04

Acres

About 542 Market St E

Four levels, beautiful updates, and exceptional flexibility in the heart of the Lakelands. Welcome to 542 Market Street East, a move-in ready Tarquin townhome offering three bedrooms plus a spacious fourth level ideal as a fourth bedroom or private retreat, two full and two half baths, a finished lower level with two bonus rooms, a deck, and a detached two-car garage. Hardwood floors, refinished and custom stained in 2025, set the tone on the main level, where abundant natural light meets beautiful architectural details including crown molding, columns, wainscoting, and tray ceilings. The separate dining room is perfect for entertaining, and the family room with gas fireplace opens naturally to the spacious eat-in kitchen. It features 42-inch white cabinetry, granite countertops, a center island, pantry, gas cooktop, wall oven, built-in microwave, and stainless steel appliances, including a new LG refrigerator (2025) and Bosch dishwasher (2021). Upstairs, new carpet installed in 2024 leads to the primary suite, with two walk-in closets and a bath with soaking tub, double vanity, and frameless glass shower. Custom closet systems and built-ins throughout provide exceptional storage. The fourth level is what truly sets this home apart. Finished with luxury vinyl plank flooring, it's a private, versatile space that works as a fourth bedroom, guest retreat, home office, media room, or additional living area. The finished lower level adds recreation space, room for a gym or office, a powder room, laundry, and storage. Recent improvements include nine custom Vytex Fortis replacement windows (2023), an upper-zone Bryant heat pump (2022), and approximately $15,000 in custom built-ins and closet systems. Even the detached two-car garage stands out, with a commercial diamond-ground polyaspartic flake epoxy floor completed in April 2023 and an extensive slat wall organization system. Enjoy the deck and Lakelands amenities including pools, fitness facilities, a clubhouse, tennis and basketball courts, and playgrounds. Beautifully updated, thoughtfully maintained, and truly move-in ready. Simply unpack, settle in, and enjoy the Lakelands lifestyle.

Features of 542 Market St E

MLS® # MDMC2258146
Price $874,900
Bedrooms 3
Bathrooms 3.00
Full Baths 2
Half Baths 2
Square Footage 3,100
Acres 0.04
Year Built 2003
Type Residential
Sub-Type Interior Row/Townhouse
Style Colonial
Status Active
HOA/Condo/Coop Fee Amenities Basketball Courts, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Lake, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground

Community Information

Address 542 Market St E
Subdivision LAKELANDS
City GAITHERSBURG
County MONTGOMERY-MD
State MD
Municipality Gaithersburg
Zip Code 20878

Amenities

Amenities Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors
# of Garages 2
Garages Garage Door Opener
Is Waterfront No
Has Pool Yes

Interior

Interior Features Floor Plan - Open
Appliances Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Heating Forced Air, Heat Pump(s), Zoned
Cooling Other
Has Basement Yes
Basement Fully Finished, Improved, Sump Pump
Fireplace Yes
# of Fireplaces 1
Fireplaces Corner, Fireplace - Glass Doors, Gas/Propane
Stories 4

Exterior

Exterior Vinyl Siding
Roof Asphalt
Construction Vinyl Siding
Foundation Permanent

School Information

District MONTGOMERY COUNTY PUBLIC SCHOOLS

Additional Information

Date Listed October 8th, 2026
Days on Market 2
Zoning MXD
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Ownership Fee Simple

Listing Details

OfficeTTR Sotheby's International Realty

Listing Map

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