4-bedroom, 3.5-bath Colonial, perfectly situated on one of the largest lots in the highly sought-after Hallowell community in Olney, Maryland. Meticulously updated inside and out, this spacious home combines timeless elegance with today's most desirable amenities. Elegant Main Level Designed for both everyday living and entertaining, the main level features: Formal living room Elegant formal dining room Spacious family room with a cozy fireplace Private home office—ideal for working remotely Beautifully updated kitchen with: White quartz countertops Stainless steel appliances New luxury vinyl flooring New deep double bowl sink and updated facet Convenient laundry/mud room Updated powder room Exceptional Recent Improvements 2026 Upgrades Include: Brand-new roof with remote-controlled skylights New asphalt driveway Fresh Benjamin Moore paint throughout the entire home New carpeting in three bedrooms Hardwood flooring throughout the main living areas New luxury vinyl flooring in the kitchen, laundry room, and powder room Updated bathroom sink facets and fixtures New lighting New blinds (all convey) Professionally designed landscaping New outdoor lighting New front walkway Spacious new rear deck—perfect for entertaining family and friends Fully fenced backyard offering privacy and room to play Recently renovated garage featuring additional storage, plus an extra refrigerator and freezer that convey with the home Incredible Finished Lower Level The fully finished basement provides an abundance of additional living space and outstanding flexibility, making it ideal for entertaining, extended family, or multigenerational living. Features include: Spacious TV viewing and recreation area Wet bar with refrigerator Dedicated exercise/workout area Full bathroom Multiple storage rooms Excellent potential for an in-law or guest suite Community Amenities Enjoy everything Hallowell has to offer with a low HOA fee, including: Community swimming pool membership Scenic neighborhood pond Walking and biking trails Parks and open green spaces Convenient access to Chesterbrook Academy Preschool Prime Olney Location Hallowell is one of Olney's most desirable neighborhoods, known for its welcoming community, mature trees, scenic surroundings, and convenient access to shopping, restaurants, parks, recreation, and major commuter routes throughout Montgomery County and the Washington, D. C. metropolitan area. Whether you're entertaining on the expansive new deck, enjoying peaceful walks around the neighborhood pond, relaxing by the fireplace, working from your private home office, or taking advantage of the versatile finished lower level, this home offers the space, comfort, and lifestyle today's buyers are looking for.
Single-familyProperty Type
1986Year Built
0.33 acresLot Size
$309Price/Sq.Ft.
$124/moHOA Dues
2 car garageParking
Listed by Karen Rollings• EXP Realty, LLC
•301-924-8200 (broker)
•md.broker@exprealty.net (broker)
Bought with Douglas Miller• Miller Realty Services, LLC
Est. $3,385 per month, based on comparable rentals
Sale and tax history for 3358 Megans Way
Sale History
Tax History
Date
Event
Price
BRIGHT MLS #MDMC2251806
Sep 18, 2026
Sold
$860,000
$309/sq ft
Sep 4, 2026
Contingent
—
Aug 21, 2026
Listed
$870,000
$313/sq ft
Aug 18, 2026
Coming Soon
$870,000
$313/sq ft
Public Records
Jan 3, 1996
Sold
$249,900
$90/sq ft
Public Records
May 17, 1994
Sold
$276,000
$99/sq ft
Public Records
Dec 24, 1986
Sold
$190,000
$68/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,174 (+6.9%)
$273,000 + $396,300
$669,300
2024
$6,712 (+6.3%)
2023
$6,316 (+9.2%)
2022
$5,781 (+5.5%)
$273,000 + $298,800
$571,800
2021
$5,482 (+5.2%)
2020
$5,213 (+0.3%)
2019
$5,197
$273,000 + $232,300
$505,300
2018
$5,199 (−2.9%)
$273,000 + $232,300
$505,300
2017
$5,352 (+8.5%)
$273,000 + $236,800
$509,800
2015
$4,934 (−1.2%)
$251,500 + $223,900
$475,400
2014
$4,996 (+1.7%)
2013
$4,915 (−10.9%)
2012
$5,518 (+5.7%)
2011
$5,219
2010
$5,219 (+41.2%)
2009
$3,697
Public record
Public record
Zoning
Permits
Beds
—
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.33 Acres
Year renovated
—
Sq. Ft.
2,784
Year built
1986
Style
Single Family Residential
County
Montgomery County
APN
08 02568010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
RE-2
Residential Estate - 2 Zone
The intent of the RE-2 zone is to provide designated areas of the County for large-lot residential uses. The predominant use is residential in a detached house.
Permitted uses
Include but are not limited to:
Agriculture-Other
Religious facility
Housing-Single unit
Housing-Senior
Infrastructure-Other
Public service
Kennel
Transportation-Other
Park & open space
May 19, 2006 • Active
Mechanical
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Attached Garage Spaces: 2
Garage Features: Garage - Front Entry, Inside Access
# of Total Garage and Parking Spaces: 2
Has Garage
# of Garage Spaces: 2
Attached Garage
Interior
Bedroom Information
# of Bedrooms On 1st Upper Level: 4
Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 2
# of Bathrooms (Half) On Main Level: 1
# of Bathrooms (Full) On 1st Lower Level: 1
# of Bathrooms (Full) On All Upper Levels: 2
# of Bathrooms (Full) On All Lower Levels: 1
# of Bathrooms (Half): 1
# of Bathrooms (Full): 3
Interior Information
Living Area Sq.Ft. Source: Assessor
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Basement Information
Basement: Yes
Fully Finished
Exterior
Property Information
Total Below Grade Sq. Ft.: 1232
Front Foot Fee Payment Frequency: Annually
Irrigation Water Rights
Improvement Assessed Value: $396,300
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Foundation Details: Other
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Pool Information
Community Pool
Lot Information
Tidal Water: No
Land Information
Land Assessed Value: $273,000
Above Grade Information
Finished Sq.Ft.: 2,784
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft.: 1,232
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
County Tax: $7,331
Tax Assessed Value: $669,300
Tax Year: 2025
Tax Annual Amount: $7,866
Assessments Information
Year Assessed: 2026
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location
Homeowners Association Information
HOA Fee: $124
HOA Fee Frequency: Monthly
School Information
Elementary School: SHERWOOD
Middle Or Junior School: WILLIAM H. FARQUHAR
High School: JAMES HUBERT BLAKE
School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
Elementary School Source: Listing Agent
Middle School Source: Listing Agent
High School Source: Listing Agent
School District Source: 3rd Party
Location Information
Outside City Limits
Directions: Put in GPS for best results.
Public facts
Beds: —
Baths: 2.5
Sq. Ft.: 2,784
Stories: 2.0
Lot Size: 0.33 acres
Style: Single Family Residential
Year Built: 1986
Year Renovated: —
County: Montgomery County
APN: 08 02568010
Home facts updated by county records on Jul 17, 2026
Around this home
Schools
Sherwood Elementary School
Public PreK-5 • Assigned • 1.8mi
9/10
William H. Farquhar Middle School
Public 6-8 • Assigned • 1.3mi
9/10
James Hubert Blake High School
Public 9-12 • Assigned • 3.3mi
4/10
Provided by GreatSchools
Local insights from Redfin agents
You will love living in Olney, MD; a wonderful place with a small town feel!. The heart of Olney is where Georgia Ave and Route 108 meet. Parks, entertainment, supermarkets and wonderful dining options are plentiful in this AMAZING community. Your...
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Olney, MD • 20832
Average low and high temperatures (°F)
36
22
41
27
61
38
69
47
73
54
84
63
88
70
81
61
77
59
68
46
56
38
43
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 16% for direct sun exposure in Olney. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$772,000 – $935,000
Reach more buyers when you sell with Redfin. Plus, you'll save $8,124 in fees.