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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Zillow last checked:
Listing updated:
Listed by:
Alecia Scott301-252-2177,
Long & Foster Real Estate, Inc.301-424-0900,
Listing Team: The Scott Team., Co-Listing Agent: Robert Alexander Scott301-252-0618,
Long & Foster Real Estate, Inc.
Source: Bright MLS,MLS#: MDMC2155798
Facts & features
Property
Features
Has view: Yes
View description: Trees/Woods, Street
Lot
Size: 1.48 Acres
Features: Wooded, Suburban
Details
Additional parcels included: 4201 Briars Rd Olney , MD TAX ID 160800707712 HOME, GARAGE & LOT CONVEY TOGETHER.
Parcel number: 160800707723
Zoning: R200
Zoning description: The R-200 zoning district primarily allows single family detached housing.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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