Derwood Homes under $400,000

Derwood Homes under $400,000

Welcome to Derwood, Maryland—a charming gem nestled in Montgomery County, just a stone's throw away from the bustling metropolis of Washington, D.C. Known for its serene suburban atmosphere and close-knit community, Derwood offers a picturesque setting that perfectly balances convenience and tranquility. With lush parks, scenic walking trails, and a variety of local amenities, this vibrant area is ideal for families, young professionals, and anyone seeking a peaceful retreat from the hustle and bustle of city life.

One of the most appealing aspects of Derwood is its diverse real estate market, particularly for those looking for homes under $400,000. Here, you’ll discover a range of options that cater to various lifestyles and preferences. From cozy townhomes to charming single-family residences, there is something for everyone. Many of these homes feature modern amenities, spacious layouts, and inviting outdoor spaces, making them perfect for entertaining or simply enjoying a quiet evening at home.

Living in Derwood means you’ll have easy access to excellent schools, shopping centers, and recreational facilities. The nearby Metro stations ensure a seamless commute to D.C. and beyond, making it an attractive choice for those who work in the city but prefer the comfort of suburban life.

With its welcoming community, affordable housing options, and prime location, Derwood is not just a place to live—it’s a place to thrive. Explore the possibilities today and find your dream home in this delightful corner of Maryland!

Newest Derwood Homes under $400,000

7251 Mill Run Dr Unit 12-3, Derwood
$399,900
3 Beds ⋅ 3 Baths ⋅ MDMC2258292 MLS
Welcome to 7251 Mill Run Dr! Discover this move-in-ready contemporary townhouse featuring 3 bedrooms and 2.5 baths. Freshly painted and filled with natural light, this inviting home boasts an open and airy split-level floor plan, oversized windows, soaring ceilings, and generously sized rooms throughout. The main level offers a spacious living room with extra-high ceilings and a convenient half bath. The next level has the kitchen with an eat-in space that overlooking the living room. Upstairs, the primary bedroom with full bath features excellent closet space and an adjoining den area—perfect for a home office, reading nook, or private retreat. The versatile lower level provides additional space ideal for a recreation room, home office, gym or hobby area, with sliding glass doors leading to the backyard. The lowest level has an unfinished utility storge space with the laundry, a refrigerator that conveys and lots of space for storage, crafts, or a workshop. Step outside to enjoy the private patio overlooking peaceful trees and green space, creating a tranquil setting for morning coffee, outdoor dining, or entertaining guests. Fully fenced for privacy and perfect for pets. The home also includes one assigned parking space and offers low-maintenance living in a convenient location, ideally situated near shopping, dining, parks, and the neighborhood swimming pool. With easy access to Shady Grove Metro Station, I-270, Route 355 and the ICC, this home combines comfort, functionality, and commuter-friendly convenience. Don't miss this wonderful opportunity to make 7251 Mill Run Dr your new home. Schedule your private tour today!

7251 Mill Run Dr Unit 12-3, Derwood
8010 Needwood Rd Unit 203, Derwood
$320,000
2 Beds ⋅ 2 Baths ⋅ MDMC2259314 MLS ⋅ Mallard Cove Codm BLDG.
<p>Light-filled, top-floor living awaits in this beautifully updated 2BR/2BA condo with sunroom and balcony at desirable Mallard Cove. Hardwood flooring throughout, vinyl replacement windows and sliding doors, abundant natural light anchored by skylights, and four ceiling fans that create a bright, comfortable interior.</p> <p>The renovated kitchen features quartz countertops and opens to a sunny sunroom with center island, ideal for dining or entertaining. The spacious primary suite includes a walk-in closet and en-suite bath, while a private balcony adds inviting outdoor living space overlooking abundant greenery and the swimming pool. Full-size laundry room located in unit and a storage closet is accessed from the balcony.</p> <p>Assigned parking space #42 conveys.</p> <p>Community amenities include a clubhouse, fitness center and swimming pool. Walk or bike to the nearby Shady Grove Metro or Washington Grove MARC stations, Giant Food, Blueberry Hill Park & the new Shady Grove West Library.</p> <p>Condo fee includes water/sewer, trash, landscaping, snow removal, common-area maintenance, master insurance and reserves. Pets and rentals are permitted subject to association rules.</p> <p>Mallard Cove is FHA- and VA-approved.</p> <p>BUYER INCENTIVE: Eligible for 100% conventional financing with a $5,000 lender credit, no mortgage insurance, no income limit and a competitive rate through one of our mortgage partners. Ask your agent for details.</p>

8010 Needwood Rd Unit 203, Derwood
8101 Needwood Rd Unit T104, Derwood
$290,000
2 Beds ⋅ 2 Baths ⋅ MDMC2257322 MLS ⋅ Mallard Cove Codm BLDG.
Fresh, bright and move-in ready! This spacious 2-bedroom, 2-bath condo offers convenient main-level entry, fresh paint, new LVP flooring and a fantastic open flow throughout. The recently updated kitchen features renovated cabinetry, counters and appliances, plus a large eat-in area with floor-to-ceiling windows that fill the space with natural light. The kitchen opens to the separate dining room and living room, while two sliding glass doors provide easy access to the private patio and extend the living space outdoors. The spacious primary bedroom features an en-suite bath and walk-in closet. In-unit washer and dryer add everyday convenience. Ideally located with easy access to Metro, shopping, dining and commuter routes, plus community amenities including a pool and clubhouse.

8101 Needwood Rd Unit T104, Derwood
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© 2026 TReND. All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the TReND Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Lehigh Valley Just Listed LLC participates, and is provided by TReND through a licensing agreement. Real estate listings held by brokerage firms other than Lehigh Valley Just Listed LLC are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
All information provided is deemed reliable but is not guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The information being provided is 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.

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