4918 40th Pl, Hyattsville, MD 20781

Under contract - 12/20 open house cancelled! Skip the flips and overpriced renovations. At 4918 40th Place, you get possibility - the rare chance to buy a parkside Victorian with real character, real space, and real equity potential — without paying for someone else’s taste. Set along one of Hyattsville’s most peaceful, tree-lined blocks and backing directly to Driskell Park, this nearly 2,850-square-foot, 4-bedroom, 4-bath home offers the best of both worlds: a functional layout you can live in right away and the flexibility to update at your own pace. From the back deck, you’ll enjoy quiet views of the woods and trails behind the home, creating a sense of privacy and natural connection that’s rare in such a walkable location. The shed adds extra functionality. And in the front, an enormous and inviting front porch offers space to hang out with friends and neighbors. Inside, tall ceilings, large rooms, and classic Victorian details such as an exceptionally large pocket door and several historic crystal lighting fixtures set the stage for your vision. There's plenty of natural light throughout, and the finished third level with its own full bath offers outstanding versatility — ideal for an in-law suite, au pair suite, guest level, or even potential rental income, giving buyers additional living options and meaningful long-term value. This home is an ideal match for buyers who want authentic charm, prefer to choose their own finishes, need room to grow, value outdoor space, crave walkability and nature, and appreciate the rare, 5 car private parking pad. To help offset the cost of improvements, buyers may explore a range of historic incentives available for this property, including Prince George’s County Historic Property Grants and property tax credits, as well as Maryland Historical Trust income tax credits for qualified work. Whether you’re dreaming of a designer kitchen, a reimagined primary suite, or simply updating room by room as life allows, every improvement has the potential to build real equity in one of Hyattsville’s most loved pockets.