$250,000
THE RESIDENCE
A superior unit on the 17th floor of The Promenade, 1720 S is a large one-bedroom (981 sq ft) with a corner balcony and a treetop view that stretches across the tennis courts to NIH, Walter Reed, and the downtown Bethesda skyline. A full wall of glass plus a second wide window flood the living and dining area with light all day, and the wraparound balcony puts the view at your doorstep — morning coffee, evening horizon. Inside, the work is already done: gray luxury vinyl plank flooring throughout, quartz countertops, maple shaker cabinetry, a tall pantry cabinet, and stainless appliances less than a year old, including a gas range. A second counter run with floating shelves at the kitchen entry makes an ideal coffee bar or work nook. The dining area sits just off the kitchen under a crystal chandelier. The bedroom is generously sized with its own treetop view and a fully built-out walk-in closet — and storage runs throughout the unit, closet after closet, every one shelved. The bathroom features a glass-door walk-in shower, decorative tile band, and updated vanity. Notably, this unit has a smooth ceiling: the popcorn ceiling found in many Promenade residences has already been removed, saving a buyer roughly $15,000 in future work. An assigned underground garage space conveys, so there's never a hunt for parking or snow to clear. Move-in ready, with nothing left to do but unpack.
THE PROMENADE
Set on approximately 24 landscaped acres behind a gated entrance and a long tree-lined drive, The Promenade is Bethesda's premier full-service co-op — a community that lives like a private resort. The recently renovated grand lobby opens onto a terrace overlooking the Olympic-size outdoor pool and sun deck, the social heart of a very active community. Residents enjoy a heated indoor pool with hot tub and sauna, a 24-hour fitness center, lighted tennis and pickleball courts with their own observation deck, walking paths, grilling terraces, a community garden, firepit, and resident lounges. The Arcade level houses a market and deli, dry cleaner and alterations, salon and massage services, medical offices, a library, party and card rooms, and guest accommodations, with a new restaurant space in the works. EV charging, a car-wash bay, 24-hour front-desk concierge, roving security patrols, and professional on-site management round out the picture. The social calendar is full: trivia and open-mic nights, movie nights, lectures and performances, exercise and meditation classes, book club, bridge, canasta, mahjong, wine-and-cheese gatherings in the lobby, and holiday celebrations — The Promenade even has its own voting district.
Ownership is refreshingly simple. The monthly co-op fee of $1,409 covers electricity, gas, heat, A/C, water, sewer, basic cable, real estate taxes, building insurance, trash and snow removal, exterior maintenance, reserves, amenities, and garage parking. The co-op carries no underlying mortgage — every dollar goes to operations and reserves, not interest — and the building has never had a special assessment. Buyers pay no Montgomery County recordation or transfer taxes.
The Ride-On bus stops at the front circle for a quick trip to the Grosvenor-Strathmore and Medical Center Metro stations. NIH, Walter Reed, and Suburban Hospital are minutes away, with easy access to I-270, I-495, Route 355, and Old Georgetown Road. Giant is across the street; Wildwood Shopping Center, Montgomery Mall, Pike & Rose, and downtown Bethesda are all close by.
CO-OP REQUIREMENTS
Offers must include the GCAAR contract and The Promenade addendum. Minimum 10% down, 700+ credit score, liquid assets equal to 10 months of combined co-op fee and mortgage payment, and verification of income and source of funds. No leasing during the first 12 months of ownership. $500 move-in fee. Non-smoking community. Renovations require management approval. Recommended co-op lenders and title companies available on request.
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COMING SOON
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5225 Pooks Hill Rd Unit #1720S, Bethesda
