1516 Gridley Ln, Silver Spring, MD 20902
Property image
Property image
OFF MARKET

$575,900

Trulia Estimate
as of Oct 20, 2026
  • 5 Beds
  • 2 Baths
  • 1,248 sqft

1516 Gridley Ln, Silver Spring, MD 20902

Chestnut Ridge

Home Highlights

Single-Family Home
Built in 1950
1,248 sqft
$461/sqft

Local Information

  • Map ViewExplore the area around 1516 Gridley Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Spacious eat-in kitchenOpen living space
Available now! This 5 bedroom, 2 bath home is centrally located 5 minutes from the beltway and minutes away from downtown Silver Spring, Wheaton Plaza, and 4 Corners shopping center. Note this listing is for the top two levels of the home only!! Main level is complete with open living space, spacious eat-in kitchen, sunroom, three bedrooms, and a full bathroom. Two additional bedrooms and a full bath are situated on the top level. Note basement unit is rented separately with private entrance. Large backyard shared with basement tenant. Pets negotiable with $45 per month in pet rent. Lawncare included in rent. Virtual tour available from property manager. Schedule your showing today!
1516 Gridley Ln, Silver Spring, MD 20902 is a 5 bedroom, 2 bathroom, 1,248 sqft single-family home in Chestnut Ridge, built in 1950. It last sold for $430,000 on Dec 4, 2018 (16,126% above the $2,650 asking price). More recently, it was listed as a rental in November 2025 with an asking price of $2,650 per month. That rental listing was removed on April 1, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $575,900, with a rent estimate of $3,572/month.

Home Details for 1516 Gridley Ln

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central Air, Ceiling FanHeating Fuel: Forced Air
Appliances & Utilities
Refrigerator
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood, Tile

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Comparable Sales for 1516 Gridley Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Single-Family Home
$475,000
12/09/25
3
2
1,676 sqft
0.31
Single-Family Home
$525,000
09/02/26
5
2
1,133 sqft
0.01
Single-Family Home
$615,000
05/04/26
5
3
2,080 sqft
0.12
Single-Family Home
$525,000
09/29/26
3
2
1,592 sqft
0.16
Single-Family Home
$605,000
06/22/26
3
2
1,288 sqft
0.24
Single-Family Home
$466,000
06/01/26
3
2
1,442 sqft
0.19
Single-Family Home
$570,000
06/24/26
4
2
1,804 sqft
0.17
Single-Family Home
$480,000
05/19/26
2
1.5
1,192 sqft
0.26
Single-Family Home
$535,000
12/12/25
4
2
1,664 sqft
0.23
Single-Family Home
$583,000
01/28/26
5
2
2,184 sqft

Nearby homes

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Apr 1, 2026
Source: Zillow Rentals
ListingRemoved
$2,650
Nov 11, 2025
Source: Zillow Rentals
Listed For Rent
$2,650
Nov 29, 2024
Source: Zillow Rentals
ListingRemoved
$2,650
Oct 18, 2024
Source: Zillow Rentals
PriceChange
$2,650
Price decreased by 5%
Sep 24, 2024
Source: Zillow Rentals
Listed For Rent
$2,800

Frequently asked questions about 1516 Gridley Ln

  • What is 1516 Gridley Ln estimated to be worth?
    Trulia's estimated value for 1516 Gridley Ln in Silver Spring, MD is $575,900.
  • What is the price history for 1516 Gridley Ln?
    1516 Gridley Ln in Silver Spring, MD last sold for $430,000 in December 2018.
  • Is Silver Spring a buyer's or seller's market?
    Silver Spring is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Silver Spring?
    The median sale price in Silver Spring is $541K. That is down $5K from the prior month.
  • Does 1516 Gridley Ln have air conditioning?
    Yes, 1516 Gridley Ln in Silver Spring, MD has air conditioning.

Homes for rent near 1516 Gridley Ln

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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