Discover a remarkable investment opportunity in Pineway Towers, where a major renovation is set for 2025, enhancing the value of this spacious 3-bedroom, 2-bathroom unit. With 1,442 sq. ft. of potential, this hi-rise apartment offers a solid foundation for future returns. The renovation will modernize the space, appealing to a broad range of renters and buyers alike. Enjoy the convenience of included utilities such as electricity, gas, and water, along with maintenance services that ensure a hassle-free living experience. The property features secure main entrance access and ample parking with three dedicated spaces, making it attractive for those seeking comfort and security. Investors will appreciate the strategic location and the anticipated increase in property value post-renovation. With no pool and minimal amenities, the focus remains on the unit's spacious layout and the potential for customization. This is a prime opportunity to secure a property poised for growth in a thriving community.
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Montgomery Knolls Elementary School
Public PreK-2 • Assigned • 0.4mi
Eastern Middle School
Public 6-8 • Assigned • 0.9mi
6/10
Montgomery Blair High School
Public 9-12 • Assigned • 1.4mi
6/10
Provided by GreatSchools
About Clifton Park
Village
Clifton Park Village, located between Georgia Avenue and Colesville Road, is a residential and commuter-friendly Silver Spring neighborhood with garden-style apartments and wooded greenbelts. The neighborhood’s character concentrates around the Georgia Ave–Forest Glen Road corridor, where small storefronts, takeout counters, and everyday services set a steady, lived-in rhythm. Mid-century brick buildings and townhouse clusters line curving streets, with pockets of mature trees buffering traffic. Sligo Creek’s trails and stream valleys shape the outdoor routine, while nearby Metro stations keep downtown Silver Spring within reach. Community touchstones include the AFI Silver Theatre and Cultural Center, Quarry House Tavern, and the Fillmore Silver Spring.
Provided by Walk Score and Local Logic
Market insights
8830 Piney Branch Rd #602 · $200,000
DAYS ON MARKET
1 days
The average home goes pending in 65 days.
SALE-TO-LIST
98.2%
Most homes are selling 2% below list price.
LIST PRICE
$200,000
Median sale price in this area is $274,750. (37% higher than this home)
PRICE DROP
0 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
No basement
Bedrooms
3 bedrooms on the main level
Bathrooms
2 full bathrooms on the main level
Laundry & utility
Main-floor laundry
Heating & cooling
Forced-air heating with natural gas
Central air conditioning with electric cooling
Home design
Condominium unit
Hi-rise building with 9 or more floors
Entry on the 6th floor
Elevator access
Level main entry
Parking
Parking lot with 3 spaces
Construction
Brick construction
Major renovation in 2025
Utilities
Public water
Public sewer
Natural gas hot water
HOA & community
Monthly condominium fee of $1,258.66
Fee includes electricity, gas, lawn maintenance, parking, sewer, snow removal, trash, water, and air conditioning
Financial info
Total actual rent: $28,800
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 8830 Piney Branch Rd #602
Sale History
Tax History
Date
Event
Price
BRIGHT MLS #MDMC2262832
Nov 7, 2026
Listed
$200,000
$139/sq ft
BRIGHT MLS #1002448315
Nov 1, 2016
Sold
$130,000
$90/sq ft
+16
Just renovated. Sparkling 3 bedroom, 2 full bath balcony unit in elevator hi-rise. Fresh paint, new carpet, new ceramic kitchen floor, and more. Reserved garage parking space. Utilities included in condo fee. FIOS available.
The intent of the R-10 zone is to provide designated areas of the County for higher-density, multi-unit residential uses. The predominant use is residential in an apartment building, although detached house, duplex, and townhouse building types are allowed.
Downtown Silver Spring, MD, is known for its vibrant mix of shopping, dining, and entertainment options, including venues like The Fillmore and the AFI Silver Theatre. It also features a walkable urban center with Metro, events, festivals, and a...
People not familiar with the area often call it Silver Springs. The downtown area is an urban core on the border of DC with tremendous access to transportation, shopping, restaurants & various types of housing but the geographic area of Silver Spring...