Real Estate in Maryland, DC

North Potomac

Overview

North Potomac is a relatively small residential community, located outside of Washington, D.C. and just a short distance east of the Potomac River. Future homeowners are certain to become enchanted by North Potomac's beautiful estates, top-rated golf courses and majestic riding clubs. CNN Money Magazine said it best when it stated that North Potomac is perfect for those with "a flair for fine living".

Real Estate

North Potomac has a population of 24,000 people, who reside in nearly 7,000 homes and apartments. Approximately 90% of residences are owner-occupied. Those that do decide to purchase a home in North Potomac are rewarded with an excellent return on their investment. In the past year, average appreciation rates have exceeded the national average. Over the past ten years, average appreciation rates have reached nearly 80%, which is one of the highest appreciation rates in America. These homes were built primarily between the 1970s and 1990s with a good-sized portion of homes being built in the past 15 years. Homes are primarily set in serene suburban neighborhoods.

Currently, there are 44 houses for sale in North Potomac. The median sales price of 108 recently sold homes is approximately $568,000. This works out to about $257 per square foot. Condominiums in North Potomac range in price from the mid 200s to the mid 400s and up. If you're not looking to purchase a house or condo in North Potomac right now, there are also a number of rental options in North Potomac. The median gross rent in North Potomac is approximately $1,800; however, rent will vary depending on location.

Education

The Montgomery County Public School District serves the residents of North Potomac. Students attend one of three high schools: Thomas S. Wotton High School, Churchill High School, or Quince Orchard High School. Newsweek Magazine selected Wotton as the 17th best high school in America and also selected Quince Orchard as one of the best high schools in America. U.S. News also selected Churchill as one of the top 50 high schools in America and in 2007 these schools received the Maryland Blue Ribbon of Excellence. Parents need not worry about which one of these excellent schools their children attend; overall students of the Montgomery County Public School District outscore their peers throughout Maryland with respect to reading and math proficiency.

Shop and Dine

North Potomac is located a short distance from Kentlands Market Square. As its motto suggests, Kentlands has "something for everyone". There are a number of shops, boutiques, grocery stores, and restaurants that are sure to fulfill your needs. North Potomac is also only a short distance away from the dozens of shopping centers, and hundreds of fine restaurants throughout the Washington, D.C. metro region.

Recreation

Located just minutes away from North Potomac are dozens of hiking and biking trails, recreational centers, and parks. Located in North Potomac is the immensely popular Muddy Branch Greenway Trail. Extending from Route 28 to the shores of the Potomac River, Muddy Branch is a hiking trail reaching over nine miles in length. Muddy Branch also accommodates bikers and horseback riders. The trail has garnered popularity due to its varied landscape, which includes rocky forests, stream banks, scenic meadows, and a number of historic buildings. A brand-new pedestrian bridge connects the trail to the Pennyfield Lock and the C & O Canal. The Pennyfield Lock is a local hot spot for launching small boats into the Potomac and for fishing. Interestingly, the area was also a favorite vacation spot of President Grover Cleveland. The Blockhouse Point Conservation Park is also located at the terminus of the Muddy Branch Trail. Sitting along the Potomac, Blockhouse offers over 600 acres of parkland. Due to its location on the banks of the Potomac, Blockhouse offers a unique environment for recreation and observation. Blockhouse is also home to a number of Civil War era ruins that add unique character and educational opportunities to the area.

Transportation

North Potomac is easily accessible by Route 28, which allows for an easy connection to Interstate 270, and to downtown Washington, D.C. and neighboring towns. The Metro's red line is also accessible through the nearby Shady Grove Metro Station, which offers ample parking.