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$449,988

A rare opportunity to create a distinguished custom estate in one of Olney's most desirable locations. This exceptional 2.44 acre residential parcel offers an increasingly uncommon combination of privacy, scale, gently level topography and long-term value in an established luxury setting. Perfectly positioned just off Old Baltimore Road between Ampeg Lane and Winter Morning Drive, the property is immediately adjacent to the prestigious Toll Brothers Olney Estates community, where neighboring luxury residences exceed 8,000 square feet and home values range from approximately $1.5 million to over $1.8 million. The surrounding neighborhood provides an outstanding backdrop for a thoughtfully designed custom home while supporting long-term investment potential. Unlike many vacant parcels, the property's relatively level terrain offers excellent buildability and flexibility for designing a private estate tailored to your vision. Whether envisioning an elegant custom residence with expansive outdoor living spaces, a resort style backyard, pool, gardens or additional recreational amenities, this exceptional homesite provides the space and setting to bring that vision to life. The property is ideally suited for a luxury custom residence and offers a practical development opportunity through private well and septic systems, subject to all applicable approvals and permitting requirements. Buyers are encouraged to conduct their own due diligence regarding development plans, zoning requirements and the approval process. This offering is intended for those seeking to create a single exceptional residence consistent with the surrounding estate character. Residents will enjoy convenient access to shopping, dining, parks, recreation and major commuter routes while benefiting from highly regarded Montgomery County Public Schools. Nearby private school options, including Our Lady of Good Counsel High School, further enhance the area's appeal. Opportunities to acquire a homesite of this size and quality in the heart of Olney have become increasingly rare. Surrounded by established luxury homes and enduring community appeal, this remarkable property presents the opportunity to build not simply a house, but a legacy residence designed to be enjoyed for generations.

17403 Old Baltimore Rd, Olney

Listing courtesy of Long & Foster Real Estate, Inc.. Contact:

$1,200,000

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.

Briars Rd, Olney

Listing courtesy of Long & Foster Real Estate, Inc.. Contact: