Potomac is included in a single zip code, 20854, and is located along the Potomac River outside the Beltway. Potomac Village is the geographical center of Potomac located at the intersection of River Road and Falls Road. Here you’ll find small upscale shops, restaurants and local businesses.
Most homes in Potomac are assigned to the Winston Churchill H.S. Cluster. Other homes are assigned to Thomas Wootton H.S., Walt Whitman H.S. and Richard Montgomery H.S. A couple streets in the far west of Potomac are assigned to Northwest H.S. Always verify a home’s school assignment at MCPS.
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Potomac Home Prices
What can you buy in Potomac? Here’s a quick summary of available inventory by price range and type of home. Scroll down to see a list of all homes available in this area.
Neighborhoods in Potomac
Here’s a few of the most popular neighborhoods in Potomac:
|- Avenel||- Lake Normandy Estates|
|- Bedfordshire||- McAuley Park|
|- Bells Mill Estates||- Montgomery Square|
|- Beverly Farms||- Oldfield|
|- Bradley Farms||- Orchard Ridge|
|- Clagett Farm||- Palatine|
|- Copenhaver||- Park Potomac|
|- East Gate of Potomac||- Pine Knolls|
|- Falconhurst||- Piney Glen Village|
|- Fallsberry||- Potomac Commons|
|- Fallsmead||- Potomac Crest|
|- Fallsreach||- Potomac Manor|
|- Fawcett Farms||- Potomac Ranch|
|- Fawsett Farms Manor||- Potomac View Estates|
|- Fox Hills||- Potomac Village|
|- Glen Mill Knolls||- Potomac Woods|
|- Glen Oaks||- Regency Estates|
|- Great Falls Estates||- Regent Park|
|- Heritage Farm||- River Falls|
|- Highland Stone||- Roberts Glen|
|- Horizon Hill||- Saddle Ridge|
|- Inverness Forest||- Wheel of Fortune|
|- Inverness Knolls||- Willerburn Acres|
|- Inverness North||- Windsor Hills|
|- Kentsdale Estates||- Winterset|
Potomac Homes for Sale
1 - 10 of 275.
See more Available Homes for Sale in Potomac.
(all data current as of 5/21/2013)
$1,500,000 : 10414 Oaklyn Dr, Potomac4 beds, 4 full, 1 part baths
$710,000 : 8613 Aqueduct Rd, Potomac4 beds, 3 full, 1 part baths
$499,900 : 8132 Inverness Ridge Rd, Potomac4 beds, 3 full, 1 part baths
$1,095,000 : 11217 Potomac Crest Dr, Potomac5 beds, 5 full baths
$645,000 : 4 Deborah Ct, Potomac4 beds, 3 full baths
$679,900 : 2418 Chilham Pl, Potomac4 beds, 2 full, 1 part baths
$699,000 : 11903 Grey Hollow Ct #75, Potomac3 beds, 3 full, 1 part baths
$759,000 : 8513 Victory Ln, Potomac5 beds, 3 full, 1 part baths
$768,000 : 10216 Democracy Ln, Potomac4 beds, 2 full, 1 part baths
$949,000 : 11801 Stoney Creek Rd, Potomac4 beds, 3 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Montgomery County missed a direct hit from super-storm Sandy, but we did get a ton of rain. The force of water in the Potomac River was spectacular, so we created a short video. Luckily for us, the river stayed in it’s bank (this time).
See more parks in Montgomery County.
The Travilah Oak was around when the Constitution was signed. This giant oak tree is impossible to miss on Travilah and Glen Road in Potomac. The tree’s canopy is massive with limbs bigger than most trees. If you visit in the summer, drop by Jed’s Shaved Ice while you’re there.
Sales of upper bracket homes have suffered over the last couple of years, yet 2010′s numbers show signs of a turnaround. Is this the beginning of a recovery for this segment of the market, or are we seeing a dead cat bounce (apologies to cat lovers)? Let’s take a look.
Most Expensive Sales in 2009 and 2010
Before we dig into the numbers, let’s look at the five most expensive sales in 2009 and 2010. Read the rest of this entry »
Even in today’s market, you’ll see sprawling new estates sprout up along River Road in Potomac. A few of our clients heard that the upper end of the market was really strong, and others heard it was really soft. So who’s right? Let’s take a look at the stats.
Sales History Since 2005
Our market peaked in 2005/2006, so I went back to 2005 to summarize all sales for homes listed $2M or higher:
The sales stats show the demand for $2M+ homes has steadily declined since 2006. I noted the Lehman Brothers Bankruptcy since it heralded the beginning of the current Great Recession. Still, credit for high-end properties tightened-up many months before that. My own personal benchmark was a very tough $1M closing in March of 2008. The buyer got what could have been the last jumbo loan with 5% down offered by Bank of America.
Taking a look at annual sales better shows this trend:
Location of 2M+ Sales
It’s no surprise that most of these home sales were located in Bethesda, Chevy Chase and Potomac. What may be a little surprising is that practically all sales in Montgomery County occurred here – 98%.
Days to Sell
Let’s look at one more metric: time required to sell. Compared to other price ranges, the most expensive homes have always taken longer to sell. Since 2006, the average number of days to sell has gone up every year.
As home prices have come down, home buyers in this price segment can get a lot more house for the money. Still, these trends tell us that downward pricing pressure is still very strong. Contact us and we can help guide your home search in this market segment of Montgomery County.
June 14th, 2010 Categories: Potomac
The overall contract activity in Potomac is 40% higher than 2009. These statistics suggest that home prices have generally gone up this year with much stronger sales activity for homes priced over $600,000. The market for homes priced $1.5M or higher, however, is still soft. 15% fewer homes in this price bracket have gone under contract so far this year.
January 2nd, 2010 Categories: Potomac
Not counting the last couple days of 2009, 451 homes sold for nearly $440 million in Potomac, Maryland. 2009 past sales for the most popular neighborhoods in Potomac can be accessed below. Check them out and let us know what you think. Contact us for information on these or other Potomac neighborhoods not listed here.
Inventory remains super high for the most expensive homes in Montgomery County, so I expect to see distress sales for some time in this market segment. Here’s a summary of three upper bracket homes in Potomac that I previewed this week:
11752 Lake Potomac Drive, Potomac
This home is an imposing wall of bricks. It’s big with 7,000 sq feet of living on the main two levels and about 4,000 more on the finished lower level. From the street, it’s classic, regal and impressive; but the layout and finishings inside are a bit bewildering. Except for hardwoods in the library, the entire main level has granite tile flooring which most buyers would find cold and impractical. The main level has a traditional room layout, but the upper level is maze-like – I would describe it if I could. The lower level is bright and usable.
For a bank-owned property, it’s in good shape. Still, especially with a home this size, a buyer will likely make significant investments to bring out its true potential. The previous owner paid Read the rest of this entry »
August 11th, 2009 Categories: Potomac
Contracts in Potomac for the last six months are up a tepid 8% compared to the same time period in 2008. This stat doesn’t tell the whole story, however. For homes priced $1.1M and lower, contracts are up a dazzling 35%. For homes priced over $1.1M, contracts are down 36%. Here’s the breakdown by price range: Read the rest of this entry »
Tuesdays are traditionally a day for real estate agents in the area to preview homes and hold Broker’s Opens. I took a look at a few homes with acreage in Potomac and Darnestown. Here’s my impression of the most interesting ones I saw today.
Bank Owned in Potomac
I get a lot of questions about foreclosures in Potomac. Normally, there isn’t much to report. Today’s the exception. 19 Pettit Court came on the market on July 26th, is priced at $964,900 and is listed by Long and Foster. This home has 3,900 sq feet of living space on the main two levels, sits on 2 acres and has a nice pool in back. All the kitchen appliances and some light fixtures have been removed, but it’s in good showing condition. The master suite and another bedroom is on the main level, and the upper level has 3 bedrooms. A buyer would likely update bathrooms, replace some carpet and paint. The cedar shake roof looks like it might be original (the home was built in 1978), but it’s hard to tell with cedar shake. No funky smells and no obvious abuse. Overall, I liked it. It’s definitely priced to sell. The previous owners paid $1,404,000 in 2005.
A Trip Back to the 1970s
13500 Deakins Lane in Darnestown sits on a jaw-droppingly beautiful lot of 13.5 acres. One could mistake the manicured back yard for a country club. This home really gives off a strong vibe. I’ve never met the owners, but I would bet this home has seen a lot of good times. There’s definitely a lot of love here — sounds corny, but that’s how it feels. The interior decor is a time capsule of the 1970s — the shag carpet, the bold wall paper, the wood paneling — its all here. I’m guessing that the buyer will fall in love with the lot and won’t mind bringing the home up to date. It’s currently priced at $1,395,000. Andrea Alderdice with W.C. & A.N. Miller/Long & Foster is the listing agent.
One Level Living with Nice Acreage
13520 Deakins Lane in Darnestown is listed for $1,199,000. It sits on over 8 acres and has quite a regal approach. The rooms are big and the hardwood floors are very nice. The kitchen has been upgraded and every view outside is fantastic. Built in 1964, it has some quirks. The super low ceilings in the basement reduce the utility of the lower level. I think the buyer on this home will place a high value on the main level layout and the privacy of the lot. Andrea Alderdice with W.C. & A.N. Miller/Long & Foster also the listing agent on this property.
|Call us at 301-527-9079 or send an email for more info about these homes or any others in Montgomery County, Maryland.|
June 28th, 2009 Categories: Potomac
Looking to buy a home in Potomac priced under $1M? Don’t be surprised to be competing with other buyers. It’s a strong seller’s market Read the rest of this entry »