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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
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $2,591
Tax Year 2024
Lot Size 1.480 Acres
Acres 1.48
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
Waterfront N
Water Access N
View Trees/Woods,Street
Garage N
Building
Lot Description Trees/Wooded
Sewer Public Hook/Up Avail
Water Public Hook-up Available
Schools
School District Montgomery County Public Schools
Others
Tax ID 160800707723
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Bank Portfolio,Conventional
Listing Terms Cash,Bank Portfolio,Conventional
Financing Cash,Bank Portfolio,Conventional
Special Listing Condition Standard