Rare Development Opportunity in Prime Olney Residential Location!
This unique offering includes both an R200-zoned parcel of land and a charming Cape Cod-style home, providing an ideal investment/development opportunity. Together, these parcels—one with a single-family home & Detached Garage built in 1957 and the other as additional land—offer a total of 2.98 acres (1.5 acres + 1.48 acres) potential for 5 total lot subdivision. Existing Home Features: Living Space: 1,818 sq. ft. above grade, Unfinished Basement:1,511 sq. ft. with mechanical storage and laundry area, Bedrooms: 4 total (2 on the main level, 2 on the upper level) Bathrooms: 2 full bathrooms (one on each level) Additional Spaces: Living room, dining room, family room, and an enclosed rear porch Side Porch & Deck (decking requires replacement; please exercise caution when viewing) Detached two-car garage for added convenience, Brick and vinyl siding, Gutters & Downspouts: Aluminum, Windows: Metal double-hung. HOME & LAND SOLD STRICTLY "AS IS" Public water and sewer is on the street, buyer is responsible for any further future development process & utilities connections fees associated with the purchase . Don't miss this opportunity to invest in a versatile property in a desirable Olney location! Cross listed in Land Bright id #MDMC2155798 Additional parcel Tax ID #160800707723 conveys
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Listing Snapshot
Price
$1,200,000
Days On Site
690 Days
Bedrooms
4
Inside Area (SqFt)
2,327 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
1.5 Acres
Year Built
1957
MLS® Number
MDMC2155786
Status
Pending
Property Tax
$5,838
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
8 months ago
Listing updated with changes from the MLS®
2 years ago
Status changed to Pending
2 years ago
Listing first seen on site
General Features
Acres
1.5
Foundation
Block
Garage
Yes
Garage Spaces
2
Levels
Three Or More
Parking
Off StreetGarageDrivewayDetached
Parking Spaces
6
Property Sub Type
Single Family Residence
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2327
SqFt Total
3955
Style
Cape CodColonial
Water Source
Public
Zoning
R200
Interior Features
Appliances
Gas Water Heater
Basement
Walk-Out AccessUnfinishedSump Pump
Cooling
DuctlessElectric
Fireplace
Yes
Fireplaces
2
Flooring
WoodCarpetHardwood
Heating
Natural GasForced Air
Main Level Bedrooms
2
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Exterior Features
Construction Details
Brick
Lot Features
Front YardLevelBack Yard
Other Structures
Workshop
Pool Features
None
Roof
Asphalt
Community Features
School District
MONTGOMERY COUNTY PUBLIC SCHOOLS
Schools
School District
MONTGOMERY COUNTY PUBLIC SCHOOLS
Elementary School
BELMONT
Middle School
ROSA M. PARKS
High School
SHERWOOD
Listing courtesy of Long & Foster Real Estate, Inc.
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