407 Lanark Way, Silver Spring, MD 20901
Property image
Property image
OFF MARKET

407 Lanark Way
Silver Spring, MD 20901

Fairway
  • Studio
  • 2 Baths
  • 1,741 sqft

$699,500

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $4,155/mo*

$699,500

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $4,155/mo*
Studio
2 Baths
1,741 sqft

Home Value

Trulia Estimate
$700K
Since last month
Decreased$4K (-0.6%)
Since last year
Increased$3K (+0.5%)
Since last sale
Increased$45K (+6.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +95% in the last 10 years
MonthEstimated value
2026
August 2026$700K
July 2026$704K
June 2026$713K
May 2026$683K
April 2026$681K
March 2026$682K
February 2026$678K
January 2026$676K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Single-Family Home
$570,000
09/05/25
3
2
1,676
0.08
Single-Family Home
$650,000
05/13/26
3
2
1,764
0.10
Single-Family Home
$600,000
06/10/26
3
2
1,610
0.24
Single-Family Home
$674,900
09/18/25
5
2
1,877
0.31
Single-Family Home
$538,000
01/07/26
5
2
1,758
0.24
Single-Family Home
$615,000
08/27/25
3
2
1,718
0.18
Single-Family Home
$625,000
05/08/26
3
2.5
1,606
0.19
Single-Family Home
$689,000
07/14/26
3
2.5
1,919
0.11
Single-Family Home
$750,000
08/25/25
4
3
2,232
0.20
Single-Family Home
$395,000
11/26/25
5
2.5
1,922

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$576,600
3
2
1,676
Off Market
0.04
$579,700
3
2
1,330
Off Market
0.06
$591,100
3
1.5
1,564
Off Market
0.08
$650,000
3
2
1,764
Recently Sold
0.06
$755,800
3
2.5
1,916
Off Market
0.08
$690,400
3
2
1,767
Off Market
0.10
$600,000
3
2
1,610
Recently Sold
0.10
$708,700
3
2.5
1,432
Off Market
0.06
$687,400
3
2
1,648
Off Market
0.09
$544,400
3
2
1,735
Off Market
0.08
$588,500
4
2
1,370
Off Market
0.09
$711,800
5
3
1,920
Off Market

Local Information

  • Map ViewExplore the area around 407 Lanark Way.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1941
Living Area
1,741 sqft
Price/Sqft
$402
Parking
Garage

About this House

This single-family home is located at 407 Lanark Way, Silver Spring, MD. 407 Lanark Way is in the Fairway neighborhood in Silver Spring, MD and in ZIP code 20901. This property has 2 bathrooms and approximately 1,741 sqft of floor space. This property has a lot size of 7546 sqft and was built in 1941.
407 Lanark Way, Silver Spring, MD 20901 is a studio, 2 bathroom, 1,741 sqft single-family home in Fairway, built in 1941. It last sold for $654,950 on Aug 31, 2022. It is currently off market. The Trulia Estimate is $699,500, with a rent estimate of $3,424/month.

Home Details for 407 Lanark Way

Interior Features

Interior Details
Basement
Levels, Entrance, & Accessibility
Stories: 1.5
Heating & Cooling
Air Conditioning
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Brick
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1941
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Community

Units in Building: 1

Lot Information

Lot Area: 7546 sqft

Price and Tax history

DateEventPrice
Dec 27, 2025
Source: Bright MLS #MDMC2199074
ListingRemoved
$689,900
Oct 23, 2025
Source: Bright MLS #MDMC2199074
PriceChange
$689,900
Price decreased by 1%
Sep 18, 2025
Source: Bright MLS #MDMC2199074
Listed For Sale
$699,900
Aug 31, 2022
Source: Bright MLS #MDMC2060440
Sold
$654,950
Jul 29, 2022
Source: Bright MLS #MDMC2060440
Pending
$650,000

Market trends in Silver Spring

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$535K
$9.98K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$276
$1
MoM
Available listings
685
33
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Fairway

  • Trulia User
    "Very safe, ultra low property crime, close to DC & beltway but still feels small town. Very diverse, friendly neighborhood."
  • Jfranco600
    "You walk and see dog owners walking their pets and some are friendly and others you’re not allowed to pet them "

LGBTQ Local Legal Protections

Frequently asked questions about 407 Lanark Way

  • What is 407 Lanark Way estimated to be worth?
    Trulia's estimated value for 407 Lanark Way in Silver Spring, MD is $699,500.
  • What is the price history for 407 Lanark Way?
    407 Lanark Way in Silver Spring, MD last sold for $654,950 in August 2022.
  • Is Silver Spring a buyer's or seller's market?
    Silver Spring is currently a seller'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 $535K. That is up $9.98K from the prior month.
  • How big is the lot at 407 Lanark Way?
    The lot at 407 Lanark Way in Silver Spring, MD is about 0.17 acres (7,546 sq ft).
  • Does 407 Lanark Way have a garage?
    Yes, 407 Lanark Way in Silver Spring, MD has a garage.

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