7401 WESTLAKE TERRACE #506BETHESDA, MD 20817

Condo · 1 Bed · 1 Full Bath · 841 Sq. ft.
$249,000 ACTIVE

7401 WESTLAKE TERRACE #506 Overview

Time on Site:
190 days
Visits:
3

Welcome to this beautifully updated one-bedroom, one-bath condominium in Chelsea Tower, a well-established Bethesda community that has truly stood the test of time. This light-filled residence features upgraded flooring throughout and a tastefully renovated kitchen, ideal for both everyday living and entertaining and it is complemented by a private balcony that adds to the home's comfort and appeal. The spacious bedroom offers ample closet space, Perfectly located just minutes from Montgomery Mall and Cabin John Park, this condo also provides access to Chelsea Tower's outstanding amenities, including a concierge staffed lobby, swimming pool, tennis and pickleball courts, exercise room, party and meeting rooms, and abundant parking for residents and guests.

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7401 WESTLAKE TERRACE #506 Facts & Features

  • Type Condo
  • Sq. ft. 841
  • Price/Sq.ft. $296

Details

General

Association/HOA

  • Association Amenities: Elevator, Exercise Room, Sauna, Pool - Outdoor, Tennis Courts
  • Association Fee 2: 544.00
  • Association Fee 2 Frequency: Monthly
  • Association Fee Includes: Ext Bldg Maint, Pool(s)
  • Association Name 2: Chelsea Tower
  • Association: No
  • Condo/Coop Association: Yes

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • Building Name: CHELSA TOWER
  • New Construction: No
  • Pool: Yes - Community
  • Total SQFT: 841
  • Year Built: 1979

Location/Region

  • Country: US
  • County: MONTGOMERY
  • County Or Parish: MONTGOMERY
  • In City Limits: No
  • Subdivision Name: CHELSEA TOWERS

Parking Information

  • Type of Parking: Parking Lot

Community/Development

  • Community Pool Features: In Ground

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • City/Town Tax Payment Frequency: Annually
  • County Tax: 2360.00
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $2,436.00
  • Tax Assessed Value: 205000.00
  • Tax Year: 2025

General Information

  • Historic: No
  • Municipal Trash: No
  • Pets Allowed: No
  • Property Type: Residential
  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: U

Interior

Building Information

  • Building Winterized: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Full Main Level: 1
  • Bathrooms Half: 0
  • Bathrooms Half Main Level: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1

Building Exterior/Construction

  • Structure Type: Unit/Flat/Apartment

Building Interior

  • Above Grade Finished Area: 841
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Elevators Count: 3
  • Hot Water: Electric
  • Laundry Type: Common

General Information

  • Accessibility Features: None
  • Appliances: Refrigerator, Dishwasher, Stove, Disposal
  • Basement: No
  • Cooling: Central A/C
  • Electric: 120/240V
  • Entry Level: 5
  • Fireplace: No
  • Interior Features: Dining Area, Kitchen - Table Space, Floor Plan - Traditional
  • Levels: 1
  • Living Area: 841
  • Living Area Source: Assessor
  • Main Level Bathrooms: 1.00
  • Main Level Bedrooms: 1
  • Security Features: 24 hour security,Desk in Lobby
  • Spa: No
  • Stories Total: 16

Unit Information

  • Unit Number: 506

Exterior

Parking Information

  • Parking Features: Free, Handicap Parking, Lighted Parking, Paved Parking, Unassigned

Lot Information

  • Additional Parcels: No
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Colonial
  • Construction Materials: Brick
  • Direction Faces: West
  • Patio And Porch Features: Balcony

General Information

  • Exterior Features: Secure Storage, Other
  • Horse: No
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Utilities: Electric Available
  • Water Access: No

7401 WESTLAKE TERRACE #506 Neighborhood

Community

20817 (BETHESDA) Demographics

45
Median Age
2,731
Population Density (per sq. mile)
87%
College Educated
$206,592
Estimated Median Income
11,149
Estimated Total Home Owners
2,276
Estimated Total Renters
83% / 17%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

7401 WESTLAKE TERRACE #506 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7401 WESTLAKE TERRACE #506 Market Data

Based on the last 30 days in this zip code

$2,160,663
Average List Price
$467
Average Price per Square Foot
46
Properties Sold
81
Average Days on Market
206
Properties for Sale
Calculations provided by Reliance Network

7401 WESTLAKE TERRACE #506 History

Date Event Value Agent
2/27/2026Source: BRIGHT MLS Price Reduction
$249,000 -3.9%
1/9/2026Source: BRIGHT MLS Status Change
ACTIVE
12/22/2025Source: BRIGHT MLS Added to Database
December 22, 2025
12/3/2024Source: BRIGHT MLS Status Change
ACTIVE UNDER CONTRACT
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
12/3/2024Source: BRIGHT MLS Added to Database
January 13, 2024
Listing provided courtesy of REMAX Platinum Realty- MLS# MDMC2211490MLS ProviderContact Information: [email protected] - 2404970408