- The Washington Times - Wednesday, February 8, 2006

Condominiums appeal to first-time buyers, empty-nesters and young professionals desiring a lifestyle with few home maintenance obligations. Often, this housing style includes other appealing features such as a location close to public transportation or a town center or urban area with entertainment, shops and restaurants.

While condominium prices continued to climb in Montgomery County over the past year, the market slowed during 2005 with fewer settlements taking place.

In Montgomery County, the average price for a condominium climbed from $257,758 in December 2004 to $306,217 in December 2005.

At the same time, there were 32 percent fewer contracts and settlements when comparing December 2004 with December 2005. New listings of condominiums were up slightly by 2.7 percent when comparing December 2004 with December 2005.

Among the new condominiums in Montgomery County, KSI Services Inc. is developing Midtown Bethesda North at 5750 Bou Ave. in North Bethesda. The high-rise building has concierge services; garage parking; a guest suite; a library and conference room; a billiards room; a sports center; a cafe with wireless Internet service; a private theater; a 20th-floor “skybox” with a swimming pool with a waterfall; a hot tub; a landscaped sundeck; a summer kitchen with a grill; and a party room with a catering kitchen.

The homes include kitchens with Italian cabinets and granite counters, hardwood flooring in the living areas and kitchen, pre-wiring for a plasma TV and surround sound, walk-in closets, Berber carpeting in the bedrooms, and full-size washers and dryers.

The one-bedroom and den homes are base-priced from $439,000 to $476,000 and the two-bedroom and two-bedroom homes with a library are base-priced from $570,000 to $985,000.

Monthly condominium fees range from $300 to $600.

Call 301/770-8604 or visit www.condosofmidtown.com.

Duball Woodmont LLC is developing Lionsgate at Woodmont Corner, an upscale condominium community at the corner of Woodmont Avenue and Old Georgetown Road in Bethesda. The address is 7710 Woodmont Ave.

Sales have not yet begun on the development, but buyers can be added to a preview list by phone at 301/986-0066 or by visitingthe Web site at www.lionsgatebethesda.com.

Monument Realty LLC will begin sales later this year at the Chase at Bethesda at 7500 Woodmont Ave. in Bethesda.

Buyers may place their names on a preview list and register to receive more information as it becomes available at www.thechasebethesda.com.

Toll Bros. Inc will be building condominiums at White Flint Station in North Bethesda. Visit www.whiteflintstation.com to be placed on a priority list for information as it becomes available.

The Jade Group Inc. is building condominiums at Mallard Cove, within walking distance of the Shady Grove Metro Station at 8009 Needwood Road in Rockville.

The development includes a community center with a kitchen, a business center and areas for socializing, plus a swimming pool, a fitness center, a basketball court, storage units and garage parking.

The two-bedroom, two-bath homes include oak cabinets in the kitchen, which opens onto a breakfast area, ceramic tile flooring in the kitchen, bath and laundry room, which includes a full-size washer and dryer.

Base prices for these homes range from $269,990 to $289,900, with monthly condo fees ranging from $253 to $273. Call 301/519-8206 or visit www.mallardcovecondos.com.

At Rockville Town Square, at the Rockville Metro station, a 12.5-acre mixed-used community includes a wide range of condominiums from studios up to three-bedroom homes being built by SJ Ross Development and Danac Corp.

The community includes a grocery store, a cultural arts center, restaurants, shops, a library, a sports club, swimming pools, fitness centers and clubrooms.

Each home has 9-foot ceilings and features such as hardwood flooring, stainless steel appliances, granite counters, hardwood kitchen cabinets and gas heat and cooking.

Garage parking is included in the price of the home. The studio homes are priced from the upper $200,000s, one-bedroom homes from the mid-$300,000s, one-bedroom-and-a-den homes from the mid-$400,000s, and two-bedroom homes from the high $400,000s.

The three-bedroom homes are priced from the high $600,000s.

Condominium fees average $500 per month.

Call 301/610-6035 or visit www.rockvilletownsquare.com.

Elad Group Florida is building the Fitz at Rockville Town Center at 501 Hungerford Drive, a high-rise building with elevator service and garage parking close to shops, restaurants, night life and two Metro stations.

The Fitz offers a theater lounge, a resort-style swimming pool, a cyber cafe with high-speed Internet service, a courtyard with a fountain and a fitness center. The homes include gas fireplaces, center-island kitchens with breakfast bars, ceramic tile flooring, walk-in closets, a full-size washer and dryer, marble vanities and soaking tubs.

Some of the one-, two- and three-bedroom homes include a loft.

The homes are priced from $321,000 for a one-bedroom home, from $446,000 for a two-bedroom home and from $494,000 for a three-bedroom home.

Monthly condominium fees range from $215 to $430.

Call 301/315-8860 or visit www.thefitzatrockville.com.

Elad Group Florida is also building the Colonnade at Kentlands, in the heart of the planned community of Kentlands at 23 Arch Place in Gaithersburg.

Shops and restaurants are within walking distance, and the development includes a resort-style swimming pool with fountains, a sauna, a fitness center, a theater lounge, a pub, a wine room and a courtyard.

Each of homes includes a center island in the kitchen, walk-in closets, garage parking and cable and Internet wiring. One-, two- and three-bedroom homes are available, some with lofts and computer niches.

The homes are base priced from $305,100 to $359,900 for one-bedroom homes, from $452,100 to $454,900 for the two-bedroom homes and from $494,100 for the three-bedroom homes.

Condominium fees range from $262 to $535 per month.

Call 301/840-2060 or visit the Web site at www.ColonnadeAtKentlands.com.

Centex Homes is building town-home-style, two-level condominiums at Buckingham Station in Germantown, near Metro stations and a MARC train station.

The community includes a swimming pool and a clubhouse and is located close to multiple shopping areas. Each two-story home has two or three bedrooms, two full baths, a powder room and a one-car garage.

The homes range from 1,246 to 1,783 finished square feet. The homes are priced from the $390,000s to the $445,000s, with monthly condominium fees of about $300. Call 888/206-8242 or visit www.centexhomesdcmetro.com.

Fairfield Residential LLC is building condominiums at 13500 Carlow Point Circle in Germantown. This resort-style community, known as Ashmore at Germantown, will include a swimming pool with a Jacuzzi, a party room, a business center, a fitness center and surface parking.

Garage parking is also available, and the community is near the MARC train station.

The condominiums have one, two or three bedrooms and one or two baths, and are base-priced from $199,900 to $374,900. Condominium fees range from $215 to $300 per month.

Call 866/375-8351 or visit www.ashmorecondos.com.


Copyright © 2018 The Washington Times, LLC. Click here for reprint permission.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide