Derwood Homes under $500,000

Derwood Homes under $500,000

Welcome to Derwood, Maryland—a charming and vibrant community nestled in the heart of Montgomery County. Just a stone’s throw from the bustling city of Rockville and the scenic beauty of Lake Needwood, Derwood offers a perfect blend of suburban tranquility and urban convenience. With its rich history, family-friendly atmosphere, and an array of recreational opportunities, it’s no wonder that Derwood is a sought-after location for homebuyers.

One of the most appealing aspects of Derwood is its diverse housing market, where you can find homes under $500,000. This makes it an ideal spot for first-time homebuyers, young families, and those looking to downsize while still enjoying the benefits of a thriving community. From charming single-family homes to cozy townhouses, there’s something to suit every taste and budget.

The local amenities in Derwood are second to none. Residents enjoy easy access to parks, trails, and recreational facilities, perfect for outdoor enthusiasts. The nearby Shady Grove Metro station provides a quick commute to Washington, D.C., making it an excellent choice for professionals working in the capital. Additionally, top-rated schools, shopping centers, and dining options are just minutes away, ensuring that everything you need is within reach.

In Derwood, you'll not only find a place to live, but a community to thrive in. With homes under $500,000, this charming city invites you to explore the possibilities and make it your own. Come experience the warmth and welcoming spirit of Derwood—your dream home awaits!

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>OPEN HOUSE, SATURDAY, OCTOBER 24, 2026: 1:00-4:00 PM</p> <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:

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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