734 Silver Spring Ave, Silver Spring, MD 20910

Property Description

For the first time in nearly 50 years, one of Downtown Silver Spring's most beloved homes is preparing for its next chapter. This extraordinary 1928 bungalow is a rare blend of timeless character, thoughtful modern updates, and exceptional income potential. Beautifully renovated and surrounded by newly completed professional landscaping, this one-of-a-kind home offers the perfect balance of historic charm and contemporary living. Wake up on a quiet tree-lined street, walk to your favorite coffee shop, catch the Metro without fighting traffic, and return home to a beautifully restored 1928 bungalow where guests stay in their own private studio apartment. Step inside to discover light-filled living spaces, beautifully restored architectural details, and quality improvements throughout. Every update has been carefully chosen to preserve the home's original character while enhancing comfort and style. The high ceilings throughout and large picturesque windows bring lots of light, the custom built-ins and large closets offer ample storage, and the beautiful refinished original wood floors add warmth and timeless style to the main level. With 3 bedrooms (including the primary) all on the main level, it makes for easy access and comfort. The primary bedroom addition on the main level has a pitch-high ceiling with lots of light, and its own private separate entrances to the back deck and to the driveway. The kitchen is the heart of the home, with new GE, appliances, glass cabinets, farm sink, the countertops have butcher block and marble slab inset for baking, lots of storage, a large butlers pantry, with easy access to the backyard. The standout feature is the private lower-level studio apartment, complete with a kitchenette, its own private entrance and full bath, and private fully fenced patio. Previously operated as a successful Airbnb, with hundreds of 5-star review and "Super Host" status, it generated up to $30,000 annually in rental income, offering an exceptional opportunity for supplemental income, multigenerational living, or a private guest suite. Enjoy the serenity on the peaceful front porch overlooking the beautiful professionally landscaped front yard with mature trees. It was awarded a grant from Montgomery County "Rainscapes" with new design & drainage. The backyard is your own private oasis that feels like a secluded retreat, with a 1/4 acre to create the gardens, the workshop, the guest house, the garage, and more! It is an entertaining dream of a backyard, with a spacious new 2-tiered back deck and multiple entertaining spaces, two separate beautiful new flagstone patios, a large fire pit area, beautiful trees and privacy. Location is everything, and this home delivers. Situated in one of Montgomery County's most sought-after neighborhoods, you'll enjoy a true walkable lifestyle just 8 blocks to the Silver Spring Metro and 5 blocks to the upcoming Purple Line, with acclaimed restaurants, coffee shops, Koiner Farm, farmers markets, Montgomery College, Whole Foods, The Fillmore, The AFI Theatre, entertainment, parks, and shopping all just moments away. There are many easy commuting options for the professionals working or going to school in these nearby areas: Bethesda, Washington, DC, NIH, Walter Reed, Downtown Silver Spring, University of Maryland, Federal agencies. Homes of this caliber—and with this combination of historic charm, modern updates, walkability, and income-producing potential—rarely become available. Having been lovingly maintained by the same owners for nearly five decades, this is far more than a home—it's a legacy property waiting for its next chapter. Don't miss this exceptional opportunity to own one of Downtown Silver Spring's most distinctive homes and Best-Kept Secrets. Disclosure: Listing Agent is the owner.