Derwood Homes under $500,000

Derwood Homes under $500,000

Welcome to Derwood, Maryland – a hidden gem nestled in the heart of Montgomery County! Just a stone’s throw from the bustling city life of Washington, D.C., Derwood offers a perfect blend of suburban tranquility and urban convenience. This charming community is known for its picturesque landscapes, friendly neighborhoods, and a strong sense of community.

Derwood boasts a rich history and a vibrant culture, making it an appealing destination for families, young professionals, and retirees alike. With access to a variety of parks, trails, and recreational facilities, residents enjoy an active lifestyle amidst nature. The nearby Rock Creek Regional Park offers endless opportunities for hiking, biking, and picnicking, ensuring that outdoor enthusiasts will feel right at home.

When it comes to housing, Derwood is a treasure trove for homebuyers seeking affordability without compromising on quality. With a selection of homes available for under $500,000, this area presents an incredible opportunity for first-time buyers and those looking to invest in a growing market. From charming single-family homes to cozy townhouses, Derwood’s real estate options cater to a variety of tastes and budgets.

Living in Derwood means you’re not just buying a home; you’re investing in a lifestyle. Enjoy the convenience of nearby shopping centers, excellent schools, and a strong sense of community. With easy access to major highways and public transportation, commuting to D.C. or exploring the surrounding areas is a breeze. Discover the allure of Derwood and find your dream home today!

Newest Derwood Homes under $500,000

7251 Mill Run Dr Unit 12-3, Derwood
$399,900
3 Beds ⋅ 3 Baths
Welcome to 7251 Mill Run Dr! Discover this move-in-ready contemporary townhouse featuring 3 bedrooms and 2.5 baths. Freshly painted and filled with natural light, this inviting home boasts an open and airy split-level floor plan, oversized windows, soaring ceilings, and generously sized rooms throughout. The main level offers a spacious living room with extra-high ceilings and a convenient half bath. The next level has the kitchen with an eat-in space that overlooking the living room. Upstairs, the primary bedroom with full bath features excellent closet space and an adjoining den area—perfect for a home office, reading nook, or private retreat. The versatile lower level provides additional space ideal for a recreation room, home office, gym or hobby area, with sliding glass doors leading to the backyard. The lowest level has an unfinished utility storge space with the laundry, a refrigerator that conveys and lots of space for storage, crafts, or a workshop. Step outside to enjoy the private patio overlooking peaceful trees and green space, creating a tranquil setting for morning coffee, outdoor dining, or entertaining guests. Fully fenced for privacy and perfect for pets. The home also includes one assigned parking space and offers low-maintenance living in a convenient location, ideally situated near shopping, dining, parks, and the neighborhood swimming pool. With easy access to Shady Grove Metro Station, I-270, Route 355 and the ICC, this home combines comfort, functionality, and commuter-friendly convenience. Don't miss this wonderful opportunity to make 7251 Mill Run Dr your new home. Schedule your private tour today!

7251 Mill Run Dr Unit 12-3, Derwood

Listing courtesy of LPT Realty, LLC. Contact:

8010 Needwood Rd Unit 203, Derwood
$320,000
2 Beds ⋅ 2 Baths
<p>Light-filled, top-floor living awaits in this beautifully updated 2BR/2BA condo with sunroom and balcony at desirable Mallard Cove. Hardwood flooring throughout, vinyl replacement windows and sliding doors, abundant natural light anchored by skylights, and four ceiling fans that create a bright, comfortable interior.</p> <p>The renovated kitchen features quartz countertops and opens to a sunny sunroom with center island, ideal for dining or entertaining. The spacious primary suite includes a walk-in closet and en-suite bath, while a private balcony adds inviting outdoor living space overlooking abundant greenery and the swimming pool. Full-size laundry room located in unit and a storage closet is accessed from the balcony.</p> <p>Assigned parking space #42 conveys.</p> <p>Community amenities include a clubhouse, fitness center and swimming pool. Walk or bike to the nearby Shady Grove Metro or Washington Grove MARC stations, Giant Food, Blueberry Hill Park & the new Shady Grove West Library.</p> <p>Condo fee includes water/sewer, trash, landscaping, snow removal, common-area maintenance, master insurance and reserves. Pets and rentals are permitted subject to association rules.</p> <p>Mallard Cove is FHA- and VA-approved.</p>

8010 Needwood Rd Unit 203, Derwood

Listing courtesy of RE/MAX Gateway, LLC. Contact:

7109 Mill Run Dr Unit 17-1, Derwood
$449,000
4 Beds ⋅ 3 Baths
Welcome to this spacious and beautifully updated 4-bedroom, 2.5-bath end-unit condo townhome in the desirable Mill Creek Towne community! Thoughtfully enhanced with numerous improvements, including a new roof, a beautifully renovated kitchen in 2025, brand-new appliances, and all-new interior doors and trim, this home offers the perfect blend of style, comfort, and functionality. The main level features attractive LVP flooring and a stunning, updated semi-custom kitchen showcasing crisp white cabinetry, hand-selected granite countertops, a stylish tile backsplash, and a brand-new stainless steel appliance package. A cozy sitting area just off the kitchen provides the perfect spot for morning coffee or casual gatherings and flows effortlessly into the dining area and spacious family room. Sliding glass doors open to a private rear patio enclosed by a wooden privacy fence, creating an inviting outdoor retreat for relaxing or entertaining. A convenient powder room completes the main level. Upstairs, beautiful hardwood flooring extends throughout the bedroom level, featuring four generously sized bedrooms and two full bathrooms with attractive tile finishes. The primary bedroom offers a walk-in closet and direct access to a full bathroom, also conveniently accessible from the hallway. The partially finished basement provides additional flexible living space, ideal for a recreation room, home office, fitness area, or comfortable second lounge, along with a generous storage area and washer and dryer. Additional highlights include assigned parking and a convenient location near Mill Creek Towne Park, scenic walking trails, shopping, dining, Shady Grove Metro, I-270, and MD-200/ICC. With its extensive updates, spacious layout, and desirable end-unit location, this move-in-ready home is an exceptional opportunity in the heart of Derwood!

7109 Mill Run Dr Unit 17-1, Derwood

Listing courtesy of Coldwell Banker Realty. Contact:

7804 Epsilon, Derwood
$445,000
3 Beds ⋅ 3 Baths
Welcome to 7804 Epsilon Drive, a beautiful three-level, brick-front townhome tucked away on a quiet cul-de-sac in the peaceful Derwood community of Montgomery County. This well-maintained 3-bedroom, 2.5-bath home offers a wonderful combination of comfort, style, privacy, and convenience. Inside, you’ll find beautifully refinished hardwood floors, recessed lighting throughout, newer windows (approximately 2 years old), and a bright kitchen featuring stainless steel appliances. The lovely fenced backyard provides a private space to relax, entertain, or enjoy the outdoors. Enjoy the tranquility of a quiet neighborhood while remaining just minutes from major commuter routes, including I-270 and the ICC, as well as the Shady Grove Metro, shopping, restaurants, downtown Rockville, and Gaithersburg. Ideally located for both convenience and lifestyle, this home offers easy access to everything you need while providing a peaceful place to call home. Priced to sell—don’t miss the opportunity to make this wonderful Derwood townhome your own.

7804 Epsilon, Derwood

Listing courtesy of Samson Properties. Contact:

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