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.
Details
MLS #
MDMC2155798
Listing Type
For Sale
Sub-Type
Resale
Status
Pending-bright
Days On Site
679
Listing Provided By
Long & Foster Real Estate, Inc. | Alecia R Scott
Features
Zoning
R200
Acreage
1.48
Property View
Trees, Woods, Street
Exterior
Lot Features
Trees/Wooded
Parking
Garage Yes / No
No
Utilities
Utilities
None
Taxes
Tax Annual Amount
2591
Area Information
State
MD
County
MONTGOMERY MD
City
OLNEY
Zip Code
20832
Area
MONTGOMERY MD
School District
MONTGOMERY COUNTY PUBLIC SCHOOLS
Sourced by Back At You
MLS Number: MDMC2155798
Alecia R Scott – (301) 252-2177 – alecia@soldbyscottteam.com
Long & Foster Real Estate, Inc. – (301) 424-0900
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