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Luxury home sales in Chevy Chase

For levy year 2025, 76 Chevy Chase Village principal residences carried assessments of $3 million or more. At that level, each comparable weighs heavily.
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The Service

Luxury home sales

Luxury home sales run on a different physics: smaller buyer pools, longer timelines, and presentation standards that decide seven-figure outcomes.

Selling a luxury property in Chevy Chase means working in a market where seven figures is common. On levy year 2025 rolls, 76 Chevy Chase Village principal residences topped $3 million in assessed value, and 269 of the Village’s 657 topped $2 million. Across ZIP 20815, 65.8% of owner-occupied homes carry Census values of $1,000,000 or more for 2020-2024. Luxury here is defined less by price alone than by lot, setting and condition.

Comparables are thin at the very top. In the Village, the median principal-residence assessment was $1,871,400 and the median total tax bill $22,418.07. A house worth twice that may have only two or three true comparisons in a year. We document upgrades, lot size and recent work for the appraiser in advance, with receipts where you have them. That sheet often decides whether an appraisal supports the contract price, especially when the closest sale is a year old.

Some top-tier owners live elsewhere when they sell. The state keeps back 8.75% at settlement when an individual seller lives outside Maryland, and above $1,500,000 the tentative refund route isn’t available. A tax adviser can explain the paperwork that follows. We flag the figure early, before you commit to a purchase elsewhere.

Our approach is quiet and specific: a short list of likely buyers and their agents, private showings, a printed property book and a launch timed around competing listings. Luxury home sales covers the service. Launch timing sits on when to list a home in Chevy Chase, and quieter routes on off-market home sale in Chevy Chase. Luxury home sales in Potomac works on larger acreage. For a pricing review, sit down with a Chevy Chase real estate agent.

Where We Work

Chevy Chase

Top-tier houses cluster in a few places. Chevy Chase Village holds the deepest pool, many on generous lots near Connecticut Avenue. The Town of Chevy Chase and Section 3 include rebuilt and expanded houses that reach high values on condition. Martin’s Additions has newer replacements on older lots. A few large homes near the Chevy Chase Club and Columbia Country Club trade rarely. Each house gets a comparison set drawn from its own pocket. We assemble it before naming a number, and we show you every sale in it with notes.
Neighborhood Coverage

Chevy Chase, block by block.

Serving every neighborhood across the city. Ask us about yours.

Neighborhood-level guidance comes standard: pricing, timing, and positioning tuned to the block, not just the ZIP code.

Where else to go

Keep exploring.

Everything else we publish about this service, this city, and the rest of the DMV.

Answered

Chevy Chase, answered.

Q: How many Chevy Chase homes are worth $3 million or more? A: In Chevy Chase Village alone, 76 principal residences carried assessments of $3,000,000 or more for levy year 2025. Sale prices often exceed assessments at that level, so we price Chevy Chase luxury homes from the closest true comparables we can find. Q: Why is pricing a luxury Chevy Chase home harder? A: Fewer close comparables. A Chevy Chase Village house worth twice the $1,871,400 median assessment may have only two or three true matches a year. We document upgrades, lot size and recent work so the appraisal can support the agreed price. Q: Is Maryland tax withheld on a large Chevy Chase sale by an out-of-state owner? A: Yes. For sellers living outside Maryland, 8.75% is held back at settlement, and above $1,500,000 there’s no tentative refund route to lower it. We estimate the amount early so your Chevy Chase sale proceeds plan holds up through closing day.

Sources

Last reviewed October 2, 2026 by Levi Loveless, licensed in Maryland and Virginia. Every rule, rate and figure on this page links to the source we checked.

  1. Montgomery County Department of Finance, Real Property Taxes 2025 dataset (Chevy Chase parcels), levy year 2025
  2. U.S. Census Bureau, ACS 2020-2024 5-year, Table DP04, ZCTA 20815, 2020-2024
  3. Comptroller of Maryland Tax Alert, July 1, 2025

Build the comparison set before naming a number.

Share the address and a list of recent work. We’ll gather the closest true comparables and prepare an upgrade summary for the appraiser. You’ll also get a short buyer list with private showing dates, plus a withholding estimate if you live out of state.