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Sold for $990,000 on 04/17/25
  • $990,000

    16508 Marlboro Pike, Upper Marlboro, MD 20772

    --beds
    --baths
    15.74Acres
    Unimproved Land
    Built in ----
    15.74 Acres Lot
    $923,100 Zestimate®
    $--/sqft
    $3,083 Estimated rent

    What's special

    List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, February 27, 2025 & ends Tuesday, March 4, 2025 at 11:00 am. Prime 50+ Acre Development Opportunity in Historic Upper Marlboro, MD. Location: Upper Marlboro, MD 20772 (Prince George's County). Discover an exceptional investment opportunity with this expansive 50+ acre parcel in the heart of historic Upper Marlboro, Maryland. Adjacent to the prestigious Compton Bassett Estate, this prime land offers a unique blend of rural tranquility and convenient access to Washington, D.C. Its flat, usable terrain and strategic location make it ideal for a variety of development possibilities. Property Highlights • Expansive Acreage: 50+ acres of level, usable land, providing a blank canvas for your vision. • Historic Significance: Neighboring the iconic Compton Bassett Estate, adding prestige and character. • Convenient Location: Close proximity to Upper Marlboro's town center, shopping, schools, public transportation, Route 4, and the Capital Beltway (I-495), offering easy access to Washington, D.C. and surrounding areas. • Zoning: Currently zoned for rural and agricultural uses, allowing for residential and farming possibilities. Development Potential: This versatile property presents a multitude of exciting development options: • Residential Development: Create a prestigious residential community, build luxurious estate homes, or design a charming neighborhood, capitalizing on the desirable location and ample space. • Equestrian Estate/Farm: Embrace the rural charm and establish a private equestrian estate with stables, riding arenas, and pastures. Alternatively, cultivate a thriving farm or vineyard, taking advantage of the fertile land and convenient access to markets. • Event Venue/Retreat Center: Leverage the serene surroundings and proximity to the historic Compton Bassett Estate to create an exceptional event venue, wedding destination, or tranquil retreat center. • Preservation/Public Space: Consider preserving this historically significant land or creating a public park, ensuring its enjoyment for future generations while honoring the area's heritage. The property comprises 2 Tax ID Accounts: Tax ID# 0235325 - Land Area of 11.9573 acreas as determined by a boundary survey. Tax ID# 0235283 - Land Area of 38.9759 acreas as determined by a boundary survey. From the Prince George's County Planning Department: Zoning: Agricultural and Preservation (AG) Zone. The purposes of the Agriculture and Preservation (AG) Zone are: • To provide for low density and development intensity as indicated on the General Plan or applicable Area Master Plan or Sector Plan. To provide for areas that are to be devoted to uses that preserve the County’s ecological balance and heritage, while providing for the appropriate use and enjoyment of natural resources. The use of the AG Zone is intended to promote the economic use and conservation of agriculture, natural resources, residential estates, nonintensive recreational uses, and similar uses.

    Zillow last checked: 7 hours ago

    Listing updated: May 05, 2025 at 03:55pm

    Listed by:

    Paul Cooper 410-977-4707,

    Alex Cooper Auctioneers, Inc.

    Bought with:

    Vincent Payne, 300238

    Realty Navigator

    Source: Bright MLS,MLS#: MDPG2140714MLS Logo

    Facts & features

    Property

    Lot
    • Size: 15.74 Acres
    Details
    • Additional parcels included: Tax ID# 0235325 Land Area of 11.9573 acres as determined by a boundary survey Tax ID# 0235283 Land Area of 38.9759 acres
    • Parcel number: 17030235283
    • Zoning: AG
    • Special conditions: Auction

    Utilities & green energy

    • Sewer: Other
    • Water: Well Required

    Community & neighborhood

    Location
    • Region: Upper Marlboro

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    Services availability