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Olney,MD 20832
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDMC2155798
Annual Tax Amount $2,591
Tax Year 2024
Lot Size 1.480 Acres
Property Description
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.
Location
State MD
County Montgomery
Zoning R200
Exterior
Utilities Available None
Water Access N
View Trees/Woods,Street
Building
Lot Description Trees/Wooded
Sewer Public Hook/Up Avail
Water Public Hook-up Available
Schools
School District Montgomery County Public Schools
Others
Acceptable Financing Cash,Bank Portfolio,Conventional
Listing Terms Cash,Bank Portfolio,Conventional
Special Listing Condition Standard