- 5 beds
- 5 baths
- 6,465 sqft
- ~1/2 acre lot
- $208 per sqft
- 2004 build
RARELY AVAILABLE IN THE RESERVE, FIRST ONE ON MARKET SINCE 2023! PRIVATE OASIS BACKING TO ALMOST 20 ACRES OF PRESERVED PARKLAND. OVER 6,400 SQ FT OF ELEGANT LIVING SPACE ON A PRIVATE CUL-DE-SAC. GOES TO OLNEY SCHOOLS! Welcome to 301 Reserve Gate Terrace, an extraordinary residence nestled in the highly sought-after Reserve section in the Ashton Preserve community. Lightly lived-in and meticulously cared for by its original owner, this impressive Brookline model is positioned on a beautifully landscaped .38-acre lot that backs to an expansive, roughly 20-acre wooded preserve—offering the rare combination of privacy, views, and tranquility. With more than 6,400 square feet of finished living space across three thoughtfully designed levels, this 5-bedroom, 4.5-bathroom, 3-car garage estate delivers elegance, functionality, and modern sophistication at every turn. From the moment you step through the grand two-story foyer, you’re greeted by rich hardwood flooring and soaring ceilings, setting the tone for the refined finishes that follow. The main level boasts a formal living and dining room, a full-sized private office overlooking lush greenery, and a breathtaking two-story family room centered around a beautiful fireplace. Natural light floods the sunroom addition, featuring floor-to-ceiling windows on three sides and scenic views of the backyard. At the heart of the home lies the gourmet chef’s kitchen, with gleaming stainless steel appliances (1 year old), granite countertops, double oven, a large island with 5-burner cooktop, butler’s pantry, and oversized sink framed by windows that offer peaceful views of the treetops beyond. Upstairs, you’ll find four generously sized bedrooms, all with hardwood flooring. The primary suite is a true retreat, complete with a separate sitting room, bedroom-sized walk-in closet, and a luxurious bath featuring dual vanities, soaking tub, and separate shower. A guest suite with its own full bath and two additional bedrooms connected by a Jack-and-Jill bath complete the upper level. The fully finished walk-out lower is nearly 2,500 square feet and includes a dedicated media room, bedroom with full bath, second family room with fireplace, and multiple recreation and flex spaces perfect for entertaining, fitness, or play. Dual-zone HVAC system was updated in 2016. Step outside to the custom Trex deck with a charming gazebo, ideal for dining al fresco while surrounded by the serenity of mature trees. The home is located in a private cul-de-sac featuring a charming community green space with gazebo and sitting areas. Just 10 minutes to downtown Olney, this residence is a rare offering in a neighborhood where homes are rarely available. Don’t miss your opportunity to experience luxury, space, and serenity all in one unforgettable address.
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Last updated Jun 5, 2025
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MLS# MDMC2180898 —
The Building
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Year Built:2004
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Structure Type:Detached
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Architectural Style:Colonial
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Levels:3
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Accessibility Features:None
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Foundation Details:Other
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Basement:Yes
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Basement Type:Walkout Level, Fully Finished
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Total SqFt Source:Estimated
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Total Below Grade SqFt:2495
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Total Below Grade SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:3970
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Estimated
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Below Grade Finished SqFt:2495
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Tax Total Finished SqFt:4670
Interior
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Room List:Game Room, Family Room, Study, Sun/Florida Room, Laundry, Mud Room, Storage Room, Utility Room
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Fireplace:Yes
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Fireplaces:2
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:6465
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Living Area SqFt:6,465 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:GPS
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Latitude:39.13369000
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Longitude:-77.01648000
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.38
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Lot Size Source:Assessor
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Lot SqFt:16,592 Sqft
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Zoning:RNC
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In City Limits:No
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (301) 526-2380
- Office phone:
- (301) 540-2232
Taxes
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Tax ID Number:160803396702
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Tax Year:2024
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Tax Lot:16
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Tax Annual Amount:$12,243
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Tax Assessed Value:$1,071,233
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Year Assessed:2025
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County Tax:11659.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:5
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Upper Level Bedrooms:4
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Upper Level 1 Bedrooms:4
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Lower Level Bedrooms:1
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Lower Level Bedrooms:1
Baths
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Total Baths:5
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Full Baths:4
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Half Baths:1
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Main Level Baths:1.00
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Main Level Half Baths:1
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Upper Level Full Baths:3
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Lower Level Full Baths:1
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Upper Level Total Baths:3
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Upper Level Total Baths:3.00
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All Lower Levels Total Baths:1
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Lower Level Total Baths:1.00
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Upper Level Full Baths:3
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Lower Level Full Baths:1
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Central
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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Elementary School:Sherwood
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Middle School:William H. Farquhar
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High School:SHERWOOD
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School District Name:Montgomery County Public Schools
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School District Source:3rd Party
The Community
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Subdivision Name:Ashton Preserve
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Senior Community:No
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Pool:No Pool
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HOA:Yes
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Condo/Coop Association:No
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HOA Fee:$593
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HOA Fee Frequency:Semi-Annually
Parking
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Total Garage and Parking Spaces:3
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Garage:Yes
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Garage Features:Garage - Side Entry
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Garage Spaces:3.00
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Type of Parking:Attached Garage
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# of Attached Garage Spaces:3
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$1,349,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$7,223
|
Taxes | $1,020 |
Insurance | $370 |
Utilities | $255 See report |
Total | $8,868/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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6/5/25
Jun 5, 2025
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Listed / Active | BRIGHT | $1,349,000 |