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Ritz-Carlton Residences

Ritz-Carlton Residences

Ritz-Carlton Residences
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

8507 Connecticut Ave
Chevy Chase, MD 20815
65 Units
6 Stories
2022 Year Built
$907K - $2.4M Value Range

Available Units

For Sale
For Rent

Highlights

  • Concierge
  • Rosemary Hills Elementary School Rated A-
  • Fitness Center
  • 24-Hour Security
  • On-Site Retail
  • Rooftop Deck

Luxury Living in Chevy Chase Lake's Newest Addition

The Ritz-Carlton Residences, completed in 2022, stands as a testament to modern luxury in the burgeoning Chevy Chase Lake development. This six-story condominium building houses 65 meticulously crafted units, offering residents an unparalleled living experience. Situated in a prime location between Bethesda and Silver Spring, the Ritz-Carlton Residences occupies land once home to the historic Chevy Chase Lake Amusement Park, a popular streetcar destination known for its dancing, boating, and merry-go-round. Today, this prestigious address combines the area's rich history with contemporary elegance, providing a sophisticated haven for discerning homeowners.

Spacious Layouts with High-End Finishes

The Ritz-Carlton Residences offers a range of luxurious living spaces, from one-bedroom units to expansive three-bedroom homes. One-bedroom layouts span from 1,107 to 1,346 square feet, featuring 1.5 to 2 bathrooms and commanding prices around $1,220,000. Two-bedroom units, ranging from 1,344 to 2,200 square feet with 2 to 2.5 bathrooms, are priced between $1,232,400 and $2,276,900. The largest offerings are the three-bedroom residences, approximately 2,000 square feet with 3 bathrooms, available for around $2,200,000. Each residence showcases meticulous attention to detail and premium finishes. Wide plank white oak floors run throughout, complemented by recessed LED lighting and elegant tray ceilings in the bedrooms. Gourmet kitchens feature Italian cabinetry and top-of-the-line Thermador or Bosch appliance packages. Expansive windows and doors flood the open-concept living areas with natural light, while many units boast private balconies or terraces overlooking the surrounding greenery. Primary suites are a true retreat, with custom-designed walk-in closets and spa-inspired en-suite bathrooms. These luxurious bathrooms showcase floor-to-ceiling marble, deep soaking tubs, frameless glass showers, and separate water closets. Secondary bedrooms are equally well-appointed, often with their own en-suite bathrooms and custom closet systems. Monthly HOA fees range from $1,800 to $2,900, covering common area maintenance, gas, insurance, trash, sewer, water, and high-speed internet access throughout the building. This comprehensive fee structure ensures residents can fully enjoy the building's amenities and services without additional concerns.

World-Class Amenities and Signature Ritz-Carlton Service

The Ritz-Carlton Residences elevates the concept of luxury living with its extensive array of amenities and services. The building boasts over 12,000 square feet of dedicated amenity space, designed to cater to residents' every need. A state-of-the-art fitness studio allows for convenient workouts without leaving the building. Multiple lounges and club rooms provide elegant spaces for socializing, relaxing, or hosting private events. Outdoor enthusiasts will appreciate the thoughtfully designed exterior spaces. A veranda and sky terrace offer breathtaking views and fresh air, while BBQ grills and fire pits create perfect settings for al fresco dining and gatherings. For those who love to entertain, an on-site catering kitchen is available to assist with larger events. True to the Ritz-Carlton brand, the building offers an unparalleled level of service. Residents enjoy 24/7 concierge assistance, valet parking, and attentive doorman and porter services. A full-time on-site management team and dedicated building engineer ensure smooth operations and prompt attention to any concerns. For added convenience and security, the building features a 24-hour access system. Additional amenities include air conditioning throughout common areas, a security system for peace of mind, and complimentary Wi-Fi in all public spaces. The building has also achieved LEED Silver certification, demonstrating a commitment to sustainability and energy efficiency. For those who work from home or need to conduct business, the Ritz-Carlton Residences provides an ideal environment. High-speed internet is available throughout the building, and the various lounges and club rooms can serve as impromptu meeting spaces when needed.

A Vibrant Community with Urban Conveniences

The Ritz-Carlton Residences is at the heart of the evolving Chevy Chase Lake neighborhood, a community that blends suburban tranquility with urban amenities. The development is anchored by a town square concept, creating a self-contained ecosystem of retail, dining, and residential spaces. At the center of this burgeoning community is the newly opened Amazon Fresh grocery store, offering residents a convenient option for daily essentials and gourmet items. The ground floor of the development houses a variety of retail spaces, including a pharmacy and a wine bar, with more shops and restaurants slated to open in the near future. For those seeking culinary variety, Manoli Canoli, located steps from the residences, serves a delightful fusion of Greek and Italian cuisine. The restaurant not only offers dishes like pork souvlaki and eggplant parmesan but also sells its own brand of olive oil. Residents craving farm-fresh produce can visit Norman's Farm and Market Stand on nearby Jones Mill Road, which functions as a daily farmers market. Outdoor enthusiasts will appreciate the proximity to several parks and green spaces. North Chevy Chase Park, just a 15-minute walk away, offers a range of recreational facilities including soccer and baseball fields, basketball and tennis courts, and a shaded playground. The Audubon Naturalist Society's Woodend Nature Sanctuary, a mere 20-minute walk from the residences, provides walking trails and a nature center for those seeking a serene escape. For a more extensive shopping experience, Bethesda Row is about a 5-minute drive away. This celebrated, upscale outdoor mall features a variety of trendy retail shops, restaurants, and a movie theater. The Collection at Chevy Chase, another high-end shopping destination, is approximately a 5-minute drive from the residences. The neighborhood is also home to excellent educational options. North Chevy Chase Elementary School, rated 'A' by Niche, is within walking distance. Bethesda-Chevy Chase High School, boasting an A+ rating from Niche and an 8/10 from GreatSchools, is just a short 5-minute drive away.

Strategic Location with Growing Transit Options

The Ritz-Carlton Residences enjoys a prime location that balances accessibility with suburban serenity. While the immediate area around the building offers some walkable amenities, residents typically rely on personal vehicles for most daily activities. For those commuting to Washington D.C. or other parts of the metropolitan area, the Capital Beltway (Interstate 495) is less than a mile away, providing quick access to major regional highways. This proximity to the Beltway also facilitates easy travel to nearby business centers and attractions. Public transportation options are set to expand significantly in the coming years. The future Purple Line, a 16-mile light rail project, will have a stop at Chevy Chase Lake, connecting the neighborhood directly to other parts of Montgomery and Prince George's Counties. This addition, projected for completion around late 2027, will greatly enhance the area's transit accessibility. For current public transit needs, the Bethesda Metrorail station, served by the Red Line, is about a 5-minute drive or 30-minute walk from the residences. This provides a direct link to downtown Washington D.C. and other key areas of the metropolitan region. Additionally, the Kensington MARC station, offering service on the Brunswick Line, is approximately a 5-minute drive away, providing another option for commuters heading to Washington D.C. or points north. Air travelers have multiple options within reasonable driving distance. Ronald Reagan Washington National Airport is about a 25-minute drive, while both Washington Dulles International Airport and Baltimore/Washington International Thurgood Marshall Airport can be reached in approximately 45 minutes by car. As the Chevy Chase Lake development continues to grow and the Purple Line nears completion, the neighborhood's transit-oriented character is expected to evolve, potentially reducing reliance on personal vehicles and enhancing the overall accessibility of the area.

Available Condos

Building Details

Recreation

  • Fitness Center
  • Pool Membership Available

Amenities

  • Views
  • Concierge
  • Doorman
  • Rooftop Deck
  • On-Site Retail
  • On-Site ATM
  • Meeting Room
  • Party Room
  • Lounge
  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • 24 Hour Access

Parking

  • 2 Car Detached Garage
  • 2 Parking Garage Spaces Per Unit
  • 2 Assigned Subterranean Spaces
  • Electric Vehicle Home Charger

Pet Policy

  • Dogs and Cats Allowed

Condo Association

  • $2,235 Monthly HOA Fees
  • Monthly HOA Fees Range from $1,616 - $2,910
  • Association fees include common area maintenance, gas, high speed internet, insurance, sewer, trash, water
  • Ritz Carlton Residences Condos
  • Built by Bozzuto
  • Chevy Chase Subdivision
  • Property Manager

Building Design

  • LEED For Homes Silver Status
  • High-Rise Condominium
  • Elevator

Unit Features

  • Open Floorplan
  • Laundry in unit
  • Washer and Dryer Hookup

Energy Efficiency

Unit Information

Unit
201
210
302
411
412
603
Beds
2 Beds
2 Beds
2 Beds
1 Bed
2 Beds
2 Beds
Baths
2.5 Baths
2 Baths
2 Baths
1.5 Baths
2 Baths
2.5 Baths
Sq Ft
2,204
0
1,782
1,107
1,344
1,565
Price
$2,050,000
$1,732,400
$1,579,900
$849,900
$1,232,400
$1,650,000
Price / Sq Ft
$930 / Sq Ft
--
$887 / Sq Ft
$768 / Sq Ft
$917 / Sq Ft
$1,054 / Sq Ft
List Date
09/24/2024
01/07/2025
03/24/2025
01/07/2025
06/05/2024
04/23/2025

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
1,107 - 1,346
Est. Values
$906,523 - $1,217,661
2 Bedroom Units
Sq Ft Range
1,344 - 2,204
Est. Values
$1,207,229 - $2,356,428
3 Bedroom Units
Sq Ft Range
1,756 - 1,980
Est. Values
$2,091,431 - $2,165,131
All Units
Sq Ft Range
1,107 - 2,204
Est. Values
$906,523 - $2,356,428

Map

Area Factors

Low Crime

Crime Score®

2 / 10

Somewhat Bikeable

Bike Score®

47 / 100

Car-Dependent

Walk Score®

48 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

72 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$755K - $2.1M
Range of Taxes in Building
$162 - $24,337
Range of Taxes per Sq Ft
$0.12 - $11.06

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Website

Building Team

Developer
The Bozzuto Group
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.