****Owner financing may be available with acceptable terms. Rarely does an opportunity like this become available in one of Waldorf's fastest-growing corridors.*****Rare 4+ acre opportunity in the heart of Waldorf’s expanding growth corridor. Zoned RM (Residential Medium Density), this property offers exceptional potential for investors, builders, and developers seeking a prime location within one of Charles County’s most active development areas. Ideally positioned just off the Route 301 corridor, the property is surrounded by established residential communities, retail, commuter routes, and ongoing commercial expansion. The parcel backs to active commercial development, further enhancing its long-term strategic value and future potential. The property is improved by an existing occupied all-brick rambler that is well-maintained and serviced by public water and sewer. While the home offers functional use and rental potential, the primary value is believed to be in the land and future possibilities. Potential opportunities may include townhomes, single-family residential development, cluster-style housing, or possible assemblage with neighboring parcels, subject to county approvals, engineering, and feasibility studies. Conceptual yield estimates may support approximately 24–36 townhomes or 6–10 single-family lots, but all density and development potential must be independently verified by the buyer. This is a unique chance to acquire a sizable parcel in a transitional area experiencing both residential growth and commercial investment along the 301 corridor. Buyer to perform all due diligence regarding zoning, land use, utility capacity, subdivision potential, environmental matters, approvals, and development feasibility with Charles County and all applicable agencies.
Lot/land
$1,200,000
4023 Old Washington Rd, Waldorf, MD 20602
--beds
--baths
4.12Acres
Unimproved Land
Built in ----
4.12 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 120 days
- 122
- 1
Zillow last checked:
Listing updated:
Listed by:
Lisa Wills 301-752-1442,
RE/MAX One 4432956123,
Co-Listing Agent: Catherine C Meyers 301-848-8330,
RE/MAX One
Source: Bright MLS,MLS#: MDCH2055610
Facts & features
Property
Lot
- Size: 4.12 Acres
Details
- Parcel number: 0906037437
- Zoning: RM
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Waldorf
Financial & listing details
- Tax assessed value: $590,933
- Annual tax amount: $6,786
- Date on market: 5/29/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $1,200,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,010 +110.9% | $502,267 +21.4% |
| 2024 | $3,324 -35.9% | $413,600 |
| 2023 | $5,182 +12.7% | $413,600 |
| 2022 | $4,599 -12.6% | $413,600 -1.5% |
| 2021 | $5,264 +3.8% | $420,100 +3.8% |
| 2020 | $5,073 -1.1% | $404,833 -3.6% |
| 2019 | $5,131 +4.1% | $420,100 +12.2% |
| 2018 | $4,930 +3.1% | $374,300 +3.1% |
| 2017 | $4,781 -11.1% | $363,000 +3.2% |
| 2016 | $5,377 | $351,700 +3.3% |
| 2015 | $5,377 | $340,400 |
| 2014 | $5,377 | $340,400 |
| 2013 | -- | $340,400 -18.4% |
| 2012 | -- | $417,000 |
| 2011 | -- | $417,000 |
| 2010 | -- | $417,000 -22.3% |
| 2009 | -- | $536,930 +14.8% |
| 2008 | -- | $467,570 +17.4% |
| 2007 | -- | $398,210 +21.1% |
| 2006 | -- | $328,850 +6.2% |
| 2005 | -- | $309,620 +6.6% |
| 2004 | -- | $290,390 +7.1% |
| 2003 | -- | $271,160 |
| 2002 | -- | $271,160 |
| 2001 | -- | $271,160 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 20602
Nearby schools
Schools provided by the listing agent
- District: Charles County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





