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$821,591

984 Exchange Ave

Gaithersburg, MD
ACTIVE-BRIGHT
4
Bedrooms
3.5
Bathrooms
2,340
Square Feet
2026
Year Built
22
Days On Market

Introducing the Frankton Way Townhome at Watkins Mill Station — Luxury Living at an Exceptional Value! Discover the perfect blend of modern design, spacious living, and exceptional value with The Frankton Way, an impressive four-story townhome offering approximately 2,340 square feet of beautifully designed living space in Gaithersburg, Maryland. With up to 3–5 bedrooms, and 4.5 bathrooms, and a two-car garage, this versatile home offers the flexibility to fit your lifestyle, whether you need extra space for guests, a home office, or a growing family. Step inside and enjoy contemporary finishes, including stunning quartz countertops, stainless steel appliances, and luxury vinyl plank flooring throughout the kitchen and gathering space. Thoughtfully designed for both everyday living and entertaining, the open-concept layout creates an inviting atmosphere where style and functionality come together. Take your lifestyle to the next level with a private rooftop terrace—the perfect place to unwind after a long day, enjoy your morning coffee, entertain friends, or simply take in the fresh air. With four levels of thoughtfully designed living space, generous room options, modern finishes, and the convenience of a two-car garage, The Frankton Way delivers the space and style today’s homebuyers are looking for. And here’s what makes it even more exciting: The Frankton Way is the only townhome currently available in Gaithersburg, making it an exceptional opportunity for buyers seeking space, luxury, and value in one remarkable home. The Frankton Way: Four stories. Endless possibilities. Modern luxury. Exceptional value. Don’t miss your opportunity to make this impressive townhome your own!

Listing Information

Listing Updated
18 days ago
Listed By
Joseph A Petrone, 2402741219 · Monument Sotheby's International Realty, 4105255435
MLS#
MDMC2260474
Source
Bright
Status
ACTIVE-BRIGHT

Facts & Features

Location

Community Information

Address
984 Exchange Ave, Gaithersburg, MD 20878
City
Gaithersburg
County
Montgomery
Neighborhood
WATKINS MILL STATION
Zip Code
20878

Architecture

Bedrooms
4
Bathrooms
3.5
Year Built
2026
Style
Traditional
Construction Materials
Frame, Stone, Brick, Concrete, HardiPlank Type, Brick Veneer, Blown-In Insulation, Batts Insulation
Building Area
2,340 sq. ft.
Foundation
Slab, Concrete Perimeter
Roof
Shingle
Levels
Three Or More
Garage
Yes
Garage Spaces
2
Parking Features
Driveway, Attached, Garage Door Opener, Garage, Concrete, On Street, Inside Entrance

Features & Amenities

Interior Features
Pantry, Kitchen Island, High Ceilings, Open Floorplan
Appliances
Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer, Cooktop, Oven, Freezer, Stainless Steel Appliance(s), Water Heater
Flooring
Vinyl, Carpet, Ceramic Tile
Exterior Features
Other
Patio and Porch
Terrace
Community Features
Pool, Sidewalks
Cooling
Central Air, Electric, Zoned
Heating
Forced Air, Natural Gas, Zoned, Central

Property Features

Water
Public
Sewer
Private Sewer
Utilities
Cable Available, Sewer Available, Electricity Available, Water Available, Natural Gas Available, Underground Utilities

Square Footage

Above Grade
2,340 sq. ft.
Total
2,340 sq. ft.

Tax & Financial Information

List Price
$821,591
Annual Taxes
$7,131
Association Fee
$147 (paid Monthly)
Fee Includes
Snow Removal, Trash, Water, Sewer, Gas
Association Amenities
Playground, Clubhouse, Fitness Center

Schools

100/100
Watkins Mill Elementary
Elementary · Grades PK–05 · 1.4 mi
City
Montgomery Village
Students
672
Parent reviews
2.0★ avg · 4 reviews
Student body
49% Hispanic / Latino · 34% Black · 9% Asian
Free/reduced lunch
76%
Phone
(240) 740-5280
100/100
Roberto W. Clemente Middle
Middle · Grades 06–08 · 1.6 mi
City
Germantown
Students
1,277
Parent reviews
1.0★ avg · 4 reviews
Student body
28% Hispanic / Latino · 26% Asian · 25% Black
Free/reduced lunch
34%
Phone
(301) 284-4750
78/100
Diamond Elementary
Elementary · Grades PK–05 · 1.3 mi
City
Gaithersburg
Students
738
Parent reviews
5.0★ avg · 2 reviews
Student body
50% Asian · 23% White · 12% Hispanic / Latino
Free/reduced lunch
10%
Phone
(240) 740-2120
78/100
Fox Chapel Elementary
Elementary · Grades PK–05 · 1.8 mi
City
Germantown
Students
619
Parent reviews
5.0★ avg · 2 reviews
Student body
42% Hispanic / Latino · 27% Black · 17% Asian
Free/reduced lunch
58%
Phone
(240) 740-0680
76/100
Stedwick Elementary
Elementary · Grades PK–05 · 1.8 mi
City
Montgomery Village
Students
497
Parent reviews
5.0★ avg · 4 reviews
Student body
51% Hispanic / Latino · 31% Black · 8% White
Free/reduced lunch
66%
Phone
(240) 740-7190
76/100
Ridgeview Middle
Middle · Grades 06–08 · 2 mi
City
Gaithersburg
Students
752
Parent reviews
5.0★ avg · 2 reviews
Student body
39% White · 26% Hispanic / Latino · 15% Black
Free/reduced lunch
29%
Phone
(240) 740-3330
74/100
Fields Road Elementary
Elementary · Grades PK–05 · 2.2 mi
City
Gaithersburg
Students
487
Parent reviews
4.7★ avg · 18 reviews
Student body
35% Hispanic / Latino · 27% White · 19% Black
Free/reduced lunch
37%
Phone
(240) 740-7000
68/100
Brown Station Elementary
Elementary · Grades PK–05 · 0.8 mi
City
Gaithersburg
Students
579
Parent reviews
4.0★ avg · 2 reviews
Student body
48% Hispanic / Latino · 26% Black · 12% Asian
Free/reduced lunch
68%
Phone
(240) 740-0260

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
10/16/2026Listed for sale$821,591

Listed by Joseph A Petrone · Monument Sotheby's International Realty · 4105255435

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: October 20, 2026 at 4:59 PM | Source: Bright | MLS#: MDMC2260474

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