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 Residential Bright id # MDMC2155786 FIRST OPEN HOUSE 11/17/24 12-2PM.
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Listing Snapshot
Price
$1,200,000
Days On Site
427 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.48 Acres
Year Built
N/A
MLS® Number
MDMC2155798
Status
Pending
Property Tax
$2,591
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
12 months ago
Status changed to Pending
12 months ago
Listing updated with changes from the MLS®
a year ago
Listing first seen on site
General Features
Acres
1.48
Special Circumstances
Standard
Utilities
None
Zoning
R200
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Exterior Features
Lot Features
Wooded
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Trees/WoodsStreet
Waterview
Trees/WoodsStreet
Community Features
School District
MONTGOMERY COUNTY PUBLIC SCHOOLS
Schools
School District
MONTGOMERY COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Long & Foster Real Estate, Inc.
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