Promenade Towers – Bethesda

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PROMENADE TOWERS | 5225 POOKS HILL ROAD BETHESDA

5225 POOKS HILL ROAD • BETHESDA, Maryland 20814

2Bedroom(s)
1Bathroom(s)
1Picture(s)
1,117Sqft
Two-Bedroom Unit with Scenic Views - As-Is SalennWelcome to this inviting two-bedroom unit, conveniently situated on the 4th floor. Spanning 1117 sq. ft., it's an ideal space for creating a personal sanctuary. Its location near the stairs makes for a quick trip down to the Atrium level, where you'll find Chef Tony's Restaurant and other amenities.
$239,000

PROMENADE TOWERS | 5225 POOKS HILL ROAD BETHESDA

5225 POOKS HILL ROAD • BETHESDA, Maryland 20814

1Bedroom(s)
1Bathroom(s)
33Picture(s)
1,250Sqft
Now Back on Market Following Repairs! nnWelcome to an exclusive living experience in this spacious one-bedroom and den, one-bathroom corner unit at the prestigious Promenade. Spanning an expansive 1250 square feet, this unit is a perfect blend of style, comfort, and practicality.
$259,000

PROMENADE TOWERS | 5225 POOKS HILL ROAD BETHESDA

5225 POOKS HILL ROAD • BETHESDA, Maryland 20814

1Bedroom(s)
1Bathroom(s)
44Picture(s)
630Sqft
Welcome Home to the Promenade of Bethesda! A community unlike any other. Resort style living provides lifestyle amenities just steps from your door. Convenient access to public transportation from the lobby for adventures beyond the community.
$189,900

PROMENADE TOWERS | 5225 POOKS HILL ROAD BETHESDA

5225 POOKS HILL ROAD • BETHESDA, Maryland 20814

2Bedroom(s)
2Bathroom(s)
27Picture(s)
1,448Sqft
PRICE REDUCTION!!! Welcome to this light filled CORNER unit at the Promenade! With 1,448 sq ft of living space this unit lives like a dream with wood floors throughout plus the renovated kitchen is open to the large Living Room. From every window there are tree views, and the southwest exposure brings in warm light throughout the day.
$339,000
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    The Promenade Towers North and South are located on Pooks Hill Road in Bethesda.  This is a Cooperative Building, and not a condominium.  The amenities at the Promenade are second to none.  You never have to leave this community, everything is right at your fingertips.

    There are storage units that are leased out, but they don’t necessarily convey with the unit you are buying.  There is a bike rack down in the Garage, and 2 ‘bike rooms’ with a key.  No dogs are allowed.  Cats are fine.  If you plan on renting out your unit, you must live in the unit first for a year.  There’s a $125 application fee if you want to buy in this community.  A Board of Directors, the Promenade Towers Mutual Housing Corporation, will review your application for approval.  They will look at your credit report, verify income, financials, and basic details about you the Buyer.  To purchase a ‘co-op’, you are buying shares of stock.  Liability Insurance must be obtained to complete this Stock purchase, and a $250 Stock Transfer Fee is paid by the buyer at closing.

    There are only a handful of lenders who finance a Cooperative building in Maryland.  From what I’ve seen you’ll need at least 10% for your down payment.  The co-op fee initially appears to be on the high side.  However, it includes utilities AND your property taxes.  Most condo fees don’t cover either.  Plus you’re paying for amenities that are first class… take a look for yourself, you will be happily impressed after touring the campus with me.

    The following can do Co-ops, and they are familiar with the Promenade Towers;
    Caliber Home Loans
    Matthew Palmer 202-302-9692

    First Home Mortgage
    Scott Story 301-275-8660
    The lender you use must be willing to use the Promenade’s proprietary Recognition Agreement.  If the lender has it’s own version, it must submit for legal review and verbiage incorporation.  The Promenade charges a $100 fee to complete the Lender Questionnaire.

    main  301-493-4700  •  front desk  301-530-7200
    Pooks Hill Road – www.thepromenade.org

    Promenade Tower coop Bethesda MD