Section Image

Chevy Chase Lake

Chevy Chase Lake

Suburban Neighborhood in Chevy Chase, Maryland

Montgomery County 20815

$1,415,053 Average Value
$495 Average Price per Sq Ft
16 Homes For Sale

Planned Chevy Chase community that's growing every year

Chevy Chase Lake is a burgeoning mixed-use development within Chevy Chase, Maryland. Neil Bacchus, a real estate agent with Long & Foster Real Estate, says, “Chevy Chase is approximately a 4-5 mile radius, within that you have subdivisions; Chevy Chase Lake is one of those subdivisions. The Lake is a small community with homes averaging $1 million. A developer by the name of Ritz Carlton built a community of condos in the area there too.” This development is brand new and may feel like an investment to buy a home here, but it has the potential of being a popular retail and dining hub minutes away from D.C. to the south or Bethesda to the west soon. Though there are occasional single-family properties and townhouses, the community is slowly being defined by the high-rise condos and apartments built near the Georgetown Branch Trail, where a new light rail is being constructed to simplify metro commutes for Maryland locals. This parcel of land between Bethesda and Silver Spring was once the home of Chevy Chase Lake Amusement Park -- a streetcar stop that offered city residents a diversion with dancing, boating and a merry-go-round. The park, initially a marketing tool for the adjacent planned suburban housing development, faded away with the decline of trolleys. The manmade lake, long ago used for leisurely rowboating and seasonal ice skating, is now the site of a condo building.

Residents can decorate their law in townhome communities in the Chevy Chase Lake neighborhood.
Residents can decorate their law in townhome communities in the Chevy Chase Lake neighborhood.
Spend a Sunday afternoon in the park with your four-legged best friend in Chevy Chase Lake.
Spend a Sunday afternoon in the park with your four-legged best friend in Chevy Chase Lake.
1/2

Mixed-use retail soon to come, with nearby options in Bethesda or Woodmont

Bacchus mentions that much of the heavy lifting for setting up these shops in the mixed-use developments is done, “They’re about 90% complete; they’re just finding tenants for their storefronts.” Already open to shoppers is Amazon Fresh, the e-commerce titan’s grocery store location with fast QR-code checkout, which rests at the center of Chevy Chase Lake. Ground-floor stores promote walkability and add to the area’s convenience – A Starbucks or a local restaurant like Manoli Canoli is just a few steps from home. Manoli Canoli serves Greek and Italian cuisine, from pork souvlaki to eggplant parmesan entrees, and they also sell their brand of olive oil. Residents searching for homegrown and freshly harvested food can head to Norman’s Farm and Market Stand on Jones Mill Road. The produce stand serves as a daily farmers market, stocked with local fruits and vegetables for the quick-stop shopper or discerning regulars. Significant retail is already in place less than 2 miles west in Woodmont and the Bethesda Row outdoor mall, featuring a Honda car dealership, Apple store, and numerous high-end diners like matchbox, a regional chain bistro serving wood-fired pizzas, cocktails and seafood.

Chevy Chase Lake residents love mixed use plazas that have homes, retail, restaurants and parks.
Chevy Chase Lake residents love mixed use plazas that have homes, retail, restaurants and parks.
Stop by Playa Bowls for more healthy choices like smoothies, fresh juices and acai bowls.
Stop by Playa Bowls for more healthy choices like smoothies, fresh juices and acai bowls.
1/2

Luxury condos and detached single-family homes are options in Chevy Chase Lake

Home values in Chevy Chase Lake range from $700,000 to over $2.5 million, for anything from modest condos and townhouses under 2,000 square feet or newly built detached single-family Contemporary homes with 5,000 square feet and luxury condos with amenities like fitness center, free building internet connection or a 24/7 concierge. Chevy Chase Lake’s median household income is more than double the national average, around $160,000, and the reputation of the city of Chevy Chase is defined by its upscale, planned suburban communities, filled with stately colonials and split-level houses dotting the outskirts of the neighborhoods. Cul-de-sacs, roundabouts and dead-end streets help limit vehicle traffic on residential roads. At the same time, front lawns are marked by traditional boxwoods and colorful azaleas, and slate or brick walkways lead to the entrances of houses. "Since this an older community, there is still a lot of green," says Theresa Helfman Taylor with Keller Williams Capital Properties. The pockets of suburban tranquility weave into the newest Chevy Chase Farm development. This mixture of condos, apartments and retail space is designed around a modern town square, providing an almost self-sustaining and contemporary living space.

Many residents in the Chevy Chase Lake neighborhood take pride in their flourishing flowers.
Many residents in the Chevy Chase Lake neighborhood take pride in their flourishing flowers.
Large single-family homes are prominent throughout the Chevy Chase Lake neighborhood.
Large single-family homes are prominent throughout the Chevy Chase Lake neighborhood.
1/2

Play sports at North Chevy Chase Park, or hike to D.C. on Rock Creek Trail

North Chevy Chase Local Park has soccer and baseball fields and basketball and tennis courts for outdoor playtime and exercise. Kids can climb on the park’s playground, and an activity building is available for community use. You can take a morning or early evening run along Georgetown Branch Trail, a gravel portion of the Capital Crescent Trail that runs from the retail-heavy streets of Georgetown north as far as Silver Spring, Maryland. Ray’s Meadow Park allows for nature walks along Rock Creek Trail, leading from Chevy Chase deep into Northwest D.C. The park also has a playground and quaint views of the bubbling Rock Creek stream.

Spend a Sunday afternoon in the park with your four-legged best friend in Chevy Chase Lake.
Spend a Sunday afternoon in the park with your four-legged best friend in Chevy Chase Lake.
There are many walking paths and bike trails near the Chevy Chase Lake neighborhood.
There are many walking paths and bike trails near the Chevy Chase Lake neighborhood.
1/2
Stunning hibiscus flowers bring a pop of color to the Chevy Chase Lake neighborhood.
Stunning hibiscus flowers bring a pop of color to the Chevy Chase Lake neighborhood.

Women's Club of Chevy Chase hosts events in town

The Women’s Club of Chevy Chase, a nonprofit civic and philanthropic organization, hosts guest speaker luncheons and produces annual events such as a community art sale and seasonal gatherings. The club also rents garden space at its Connecticut Avenue location for weddings and private parties.

Montgomery County Public Schools come highly rated

Students in Chevy Chase Lake fall under the Montgomery County Public School system. Nearby options include Bethesda Elementary, North Chevy Chase Elementary and Silver Creek Middle, all rated an A on Niche, and Bethesda-Chevy Chase High School, boasting an A-plus on Niche.

North Chevy Chase Elementary School, in the Chevy Chase Lake neighborhood, serves grades 3-5
North Chevy Chase Elementary School, in the Chevy Chase Lake neighborhood, serves grades 3-5
South Kensington's Silver Creek Middle School is of the Top 10 Middle Schools in the County
South Kensington's Silver Creek Middle School is of the Top 10 Middle Schools in the County
1/2

Capitol Beltway access, with the Purple Line expanding rail access in the next few years

Chevy Chase Lake will be connected to the upcoming public rail project called the Purple Line, a 16-mile light rail line stretching east-to-west from Montgomery County to Prince George's County that will ease Maryland commutes and increase neighborhood access. It will allow Maryland commuters to travel across the state by rail without taking the metro through D.C. The Purple Line will run through the Georgetown Branch Trail, so alternate routes and detours are currently in place to allow the trail to be used during its construction. “It’s still a brand new area and not heavily trafficked yet. Adjacent to that, the Metrorail from Bethesda to Chevy Chase is about four years out.” Bacchus discusses Chevy Chase Lake’s potential growth once the Purple Line is completed, which is projected to be around late 2027. “It’s great because it's within the Beltway for the whole region. Fantastic access to get into DC, about a mile to the beltway, and a skip, hop, and jump to the metro when that’s finished.” The Capital Beltway is Interstate 495, a significant highway encircling Washington D.C. to ease commutes through the massive metropolitan center. Chevy Chase Lake’s residents are less than a mile from the nearest access point to the Beltway.

Maxwell Olarinde
Written By
Maxwell Olarinde
Jessica Livoni
Photography Contributed By
Jessica Livoni
Gabriel Miller
Video By
Gabriel Miller

Agents Specializing in this Area

See All Agents

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

Interested in learning more about homes in this area? Reach out to Nicola Taylor, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Ronald Reagan Washington Ntl

26 min drive

Bus

Jones Mill Rd & Farmington Dr

Bus

Connecticut Ave & Jones Bridge Rd

Bus

Connecticut Ave & Chevy Chase Lake Dr

Bus

East West HWY & Rocton Ave

Bus

Connecticut Ave & Manor Rd

Bus

East-West HWY & Maple Ave

Bus

Jones Mill Rd & Coquelin Ter

Crime and Safety

1 - Low Crime, 10 - High Crime Chevy Chase Lake US
Homicide 1 4
Sexual Assault 1 4
Assault with Weapon 1 4
Robbery 2 4
Burglary 2 4
Motor Vehicle Theft 2 4
Larceny 3 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$1,550,000
Median Single Family Price
$1,702,495
Median Townhouse Price
$950,000
Median 2 Bedroom Price
$870,000
Median 1 Bedroom Price
$552,500
Average Price Per Sq Ft
$495
Number of Homes for Sale
16
Last 12 months Home Sales
35
Months of Supply
5.50
Median List Price
$1,579,900
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
27%

Home Facts

Number of Homes in Neighborhood
647
Median Year Built
1963
Avg. Single Family Home Size Sq Ft
3,550
Significantly above the national average
1,935
Average Townhouse Size Sq Ft
3,142
Average 2 Bedroom Size Sq Ft
1,661
Average 1 Bedroom Size Sq Ft
1,227
Median Lot Size Sq Ft
7,840

Open Houses

  • Sunday, Apr 27
    1 - 3pm

    8101 Connecticut Ave Unit S701, Chevy Chase, MD 20815

    $525,000

    • 1 Bed
    • 1.5 Baths
    • 1,313 Sq Ft
    • 8101 Connecticut Ave
    • Unit S701
    • New 2 days ago

    Spacious & sun filled corner 1 bedroom 1.5 bath penthouse condo with over 1,300 SQFT of finished living space on the 7th floor. Updated kitchen with granite counters, stainless steel appliances, and refinished cherry wood cabinets. Enjoy an open living room with high ceilings, luxury vinyl plank floors throughout, crown molding, a large window, and a door leading to a large balcony overlooking

    Agent Photo
    Peter Maser
    Compass
    (240) 896-1320
    Section Image
    Section Image
  • Sunday, Apr 27
    1 - 3pm

    3336 Jones Bridge Ct, Chevy Chase, MD 20815

    $1,699,990

    • 5 Beds
    • 4.5 Baths
    • 4,430 Sq Ft
    • 3336 Jones Bridge Ct
    • New 4 days ago

    Once upon a time, in the charming neighborhood of Chevy Chase, at 3336 Jones Bridge CT, a residence awaited those who sought luxury blended with functional design. This stunning home invites you to enter, where sophistication greets you at every turn. The journey begins on the main level, showcasing an elegant office adorned with French doors and a coffered ceiling, setting an immediate tone of

    Tumi Demuren TTR Sotheby's International Realty

    Section Image
  • Sunday, Apr 27
    1 - 3pm

    8101 Connecticut Ave Unit C502, Chevy Chase, MD 20815

    $625,000

    • 2 Beds
    • 2 Baths
    • 1,432 Sq Ft
    • 8101 Connecticut Ave
    • Unit C502
    • New 8 days ago

    Located in Chevy Chase, Maryland, and within the beloved 8101 Connecticut Avenue condominiums, #C-502 presents a spacious one-level Condominium offering one Bedroom, a Den (second Bedroom) and two Full Baths across 1,432 square feet, with enviable design notes such as built-ins and a mirrored accent wall. The Entry Foyer greets residents and guests, offering a closet to hang their coats and make

    Alyssa Crilley Washington Fine Properties

    Section Image

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Nicola Taylor, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
4,076
Median Age
48
Population Density
10 ppl/acre
Population under 18
21.1%
On par with the national average
23.8%
Population over 65
27.4%
Above the national average
19.1%

Finances

Median Household Income
$176,913
Significantly above the national average
$71,702
Average Household Income
$192,241

Education and Workforce

High School Graduates
99.9%
College Graduates
88.8%
Significantly above the national average
34.1%
Advanced Degrees
46.6%
Significantly above the national average
13.3%
% Population in Labor Force
69.2%

Weather

Annual Precipitation
42''
Average Winter Low Temperature
31°F
Average Summer High Temperature
89°F
Annual Snowfall
13''

Area Factors

Somewhat Bikeable

Bike Score®

32 / 100

Car-Dependent

Walk Score®

49 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Reviews

Are you familiar with the Chevy Chase Lake neighborhood? to let others know what life in this neighborhood is like.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Chevy Chase Lake