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… Read More - 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. Read Less
Courtesy of Alecia Scott, Long & Foster Real Estate, Inc. [email protected]
Listing Snapshot
Days Online
39
Last Updated
Property Type
Unimproved Land
Lot Size
1.48 Acres
MLS Number
MDMC2155798
30 Days Snapshot Of 20832
$586k
-3%
(avg) sold price
15
-16%
homes sold
14
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
64,468 sqft, 1.48 acres, Trees/Wooded
Property
Additional Parcels, View: Trees/Woods, Street
Sewer
Public Hook/Up Avail
Taxes
County Tax: $2,591, County Tax Pymnt Freq: Annually, Tax Annual Amount: $2,591, Tax Year: 2024
Utilities
None
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