- $2,450,000
- 4Bd
- 5Ba
- 5,406 Sq Ft

Just seven miles northwest of the Nation's Capital lies the charming, upscale, and affluent area known as Chevy Chase, MD. Chevy Chase is sparsely populated, compared to other DC suburbs, leaving plenty of room for new homeowners to the area to expand and grow. Homes here are grand and elegant, and you'll find lots of gorgeous old colonials, craftsman-style bungalows, and contemporary homes to suit every taste.
Chevy Chase boasts a population of 9,344. The average age of the people who reside in this popular suburb of Washington, DC is 44 years old. The majority of residents are white-collar professionals who are employed in the fields of finance, business or management. The average annual household income is a generous $157,000.
Chevy Chase is 90 percent Caucasian and less than four percent Black, with a racial mix of Asian, Native American, and other ethnicities comprising the remaining six percent. Sixty percent of the population is married.
The cost of living in this gorgeous Maryland town is more than twice the national average, coming in at an intimidating 239 on a scale of 1 to 100. Home prices are high here as well, with the average coming in just shy of $900,000. The cost to rent an apartment in Chevy Chase runs between $1,300 and $2,800.
Crime in this upscale, residential neighborhood is lower than the national average, making this a nice place to raise a family or to settle after retirement, and the four public schools that serve the area are all rated a 7 or higher on a scale of 1 to 10 by Greatschools.org.
For such an urban area, there is a surprising amount of wide-open spaces, nature trails and other outdoor recreation areas for families relocating here. And afterwards, an evening of shopping or a night of fine dining in Chevy Chase is also on the menu:
Quality of life in affluent Chevy Chase is high. Jobs pay well in this area, featuring such major employers as Howard Hughes Medical Institute, Ritz-Carlton, Access Funding, and Capital Source. It's a short, 26-minute commute into the city from this suburb that's located a mere seven miles northwest of the Nation's Capital.
Homes in the area feature an abundance of living space as well as such perks as radiant-floor heat, owner's suites, multiple baths with luxury fixtures, and gorgeously manicured and landscaped lawns.
As far as transportation goes, Chevy Chase is served by the Washington, D.C. Metro Rail, as well as a number of local commuter bus lines.
Chevy Chase, MD is best known as a somewhat exclusive and affluent suburb of Washington, D.C. The area is home to two billionaires -- Ted Lerner, owner of the Washington Nationals baseball team, whose estimated net worth is $3.3 billion, and Bernard Saul II, the original founder of Chevy Chase Bank, who's worth a cool $1.1 billion.
Chevy Chase has been described as both quiet and elegant by the people who live there. Homes in the area are spacious and sprawling, as are the well maintained lawns. There are plenty of parks in the area and superior schools, as well as tons of fine eating establishments and places to shop. A short commute takes you into scenic Washington, DC and all of its history and culture.
When it's time to home shop in the Washington, DC Metropolitan Area, don't mark Chevy Chase MD off your list.