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

$635,800

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,445 sqft

503 Lanark Way, Silver Spring, MD 20901

Fairway
Est. Refi. Payment $4,045/mo*
Refinance Your Home
Currently Off Market - Sold Sep 30, 2022 for $575,000

Home Value

Trulia Estimate
$636K
Since last month
Decreased$5K (-0.7%)
Since last year
Decreased$9K (-1.4%)
Since last sale
Increased$61K (+10.6%)
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 +33% in the last 10 years
MonthEstimated value
2026
October 2026$636K
September 2026$642K
August 2026$641K
July 2026$651K
June 2026$659K
May 2026$662K
April 2026$661K
March 2026$661K
February 2026$647K
January 2026$638K
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
0.05
Single-Family Home
$600,000
06/10/26
3
2
1,610
0.16
Single-Family Home
$482,500
06/18/26
4
2
1,320
0.08
Single-Family Home
$650,000
05/13/26
3
2
1,764
0.12
Single-Family Home
$525,000
04/09/26
4
2.5
1,642
0.32
Single-Family Home
$547,000
07/14/26
4
2
1,248
0.26
Single-Family Home
$615,000
07/31/26
3
1.5
1,482
0.13
Single-Family Home
$625,000
05/08/26
3
2.5
1,606
0.30
Single-Family Home
$630,000
12/19/25
3
2
1,570
0.33
Single-Family Home
$597,500
11/07/25
4
2
2,040
0.28
Single-Family Home
$538,000
01/07/26
5
2
1,758

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
0.01
$508,100
5
2
1,230
Off Market
0.01
$635,300
3
2
1,352
Off Market
0.02
$603,100
3
2
1,635
Off Market
0.02
$747,000
Studio
3
2,186
Off Market
0.02
$609,900
3
3
1,194
Off Market
0.03
$540,300
3
2
1,735
Off Market
0.03
$661,600
Studio
3
1,932
Off Market
0.03
-
-
-
-
Off Market
0.03
$689,300
3
2
1,950
Off Market
0.03
$587,000
3
2
1,090
Off Market
0.03
$565,000
3
2
2,031
For Sale
0.03
$584,800
4
2
1,388
Off Market
0.03
$588,900
3
3
1,609
Off Market
0.04
$651,200
3
2
2,045
Off Market
0.04
$665,200
3
2
1,750
Off Market
0.04
$591,500
3
2
2,180
Off Market
0.04
$773,200
4
2
2,692
Off Market
0.04
$491,400
Studio
2
1,400
Off Market
0.04
$544,500
Studio
2
1,270
Off Market
0.04
$615,700
4
3
1,873
Off Market

Local Information

  • Map ViewExplore the area around 503 Lanark Way.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1940
1,445 sqft
$440/sqft

About this House

What's unique:Grand fireplaceFine diningTree lined streetsNew flooringDowntown silver springForest glen metro
NEW PRICE! Meticulously maintained 4BR/3BA Cape Cod in an awesome location! Hardwoods throughout first floor, updated bathrooms, eat-in kitchen with door leading to spacious deck, stairs to outside patio with hot tub hook-up, large finished basement. Must see!
503 Lanark Way, Silver Spring, MD 20901 is a 4 bedroom, 2 bathroom, 1,445 sqft single-family home in Fairway, built in 1940. It last sold for $575,000 on Sep 30, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $635,800, with a rent estimate of $2,873/month.

Home Details for 503 Lanark Way

Interior Features

Interior Details
Basement
Levels, Entrance, & Accessibility
Stories: 3
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Other, Brick

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Community

Units in Building: 1

Lot Information

Lot Area: 5806 sqft

Price and Tax history

DateEventPrice
Sep 30, 2022
Source: Bright MLS #MDMC2069648
Sold
$575,000
Sep 22, 2022
Source: Bright MLS #MDMC2069648
Contingent
$569,000
Sep 19, 2022
Source: Bright MLS #MDMC2069648
Listed For Sale
$569,000
Aug 30, 2022
Source: Bright MLS #MDMC2053304
ListingRemoved
$599,000
Aug 19, 2022
Source: Bright MLS #MDMC2053304
PriceChange
$599,000
Price decreased by 3%

Market trends in Silver Spring

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$541K
$5K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$282
$4
MoM
Available listings
707
44
MoM
Sourced by Trulia Market Trends

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 youโ€™re not allowed to pet them "

LGBTQ Local Legal Protections

Frequently asked questions about 503 Lanark Way

  • What is 503 Lanark Way estimated to be worth?
    Trulia's estimated value for 503 Lanark Way in Silver Spring, MD is $635,800.
  • What is the price history for 503 Lanark Way?
    503 Lanark Way in Silver Spring, MD last sold for $575,000 in September 2022.
  • 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 503 Lanark Way have air conditioning?
    Yes, 503 Lanark Way in Silver Spring, MD has air conditioning.
  • How big is the lot at 503 Lanark Way?
    The lot at 503 Lanark Way in Silver Spring, MD is about 0.13 acres (5,806 sq ft).

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