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For sale
  • $1,390,000

    2701 Olney Sandy Spring Rd, Olney, MD 20832

    4beds
    5,475sqft
    : 
    $8,696/mo
    Get pre-qualified
    Single Family Residence
    Built in 1945
    1.03 Acres Lot
    $1,330,000 Zestimate®
    $254/sqft
    $-- HOA

    What's special

    Administrative office spaceAttached professional office suiteFive private patient roomsAmple parkingSecondary administrative areaLarge reception area
    Stop paying rent to a landlord! Pay yourself rent. Perfect home for the self employed. You can't beat the commute. Home and work, all in one! Discover a rare hybrid residential–professional property offering exceptional flexibility and long-term value. Set on a full acre along Route 108—one of Olney’s primary corridors—this unique property combines comfortable living space with a purpose-built professional office, providing visibility, functionality, and versatility seldom found in a residential setting. This property allows an owner-occupant to operate a professional business on-site, while residing in the home, with the ability to pay oneself rent rather than paying rent to a third party. The property includes approximately 3,526 square feet of finished residential living space, plus an attached professional office suite of approximately 1,710 square feet, originally constructed by the owner and successfully used for medical and healthcare practices for decades. A 1993 expansion thoughtfully integrated both components, creating a cohesive and well-designed layout. The property currently holds a transferable Use Permit for a Home Healthcare Practitioner. However, under Montgomery County Zoning Ordinance Chapter 59, a clinic with up to four medical or dental practitioners may be permitted for conditional use upon approval by the Hearing Examiner. The professional office suite space is presently configured for a Chiropractic practice and features ample parking, a large reception area, administrative office space, five private patient rooms, and a secondary administrative area, offering adaptability for a variety of medical, wellness, or other professional uses. And although zoned residential, the property allows a wide range of uses by right. A mother-in-law suit could also be configured in this space as it is on the ground level. The residential portion of the home is beautifully maintained and offers four spacious bedrooms, each with its own en suite bathroom, along with a living room that includes a fireplace, an exceptionally large formal dining room, a butler’s pantry/bar area, and a spacious kitchen open to a breakfast area and family room. Recessed lighting enhances the living spaces, while sliding glass doors lead to a private, fenced rear patio and a generous backyard—ideal for outdoor entertaining and relaxation. One upstairs bedroom—ideal as a primary suite—features a cathedral ceiling, while the primary suite on the main level includes a separate private office with serene views of the surrounding woods. A two-car garage with interior access adds everyday convenience. This property is ideal for operating a professional practice on-site, living and working in one location, or leasing the residential and office components separately and presents a compelling opportunity to build equity in owned real estate. Although this property sits on a quiet wooded lot in central Olney, within just a couple of minutes is Montgomery Medstar Hospital, the Olney Theater, Good Council High School and a variety of Strip malls and Shopping centers, Restaurants and Cafes (ranging from casual to sit-down favorites), as well as other Services and Offices, all offering much sought after unique amenities.
    14 days
    525
    23

    Zillow last checked:

    Listing updated:

    Listed by:

    Tom Riley 301-351-3897,

    TTR Sotheby's International Realty 301-967-3344,

    Listing Team: The Burr Group, Co-Listing Team: The Burr Group,Co-Listing Agent: William C.D. Burr 301-346-3345,

    TTR Sotheby's International Realty

    Source: Bright MLS,MLS#: MDMC2254512MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bathrooms: 3
      • Main level bedrooms: 3
      Basement
      • Area: 576
      Heating
      • Forced Air, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Cooktop, Dishwasher, Dryer, Microwave, Oven, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
      • Laundry: Main Level
      Features
      • Bar, Soaking Tub, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Breakfast Area, Butlers Pantry, Ceiling Fan(s), Chair Railings, Crown Molding, Family Room Off Kitchen, Open Floorplan, Formal/Separate Dining Room, Kitchen - Country, Eat-in Kitchen, Kitchen Island, Kitchen - Table Space, Recessed Lighting, Walk-In Closet(s)
      • Flooring: Carpet, Wood
      • Basement: Heated,Partial
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 6,051
      • Total interior livable area: 5,475 sqft
      • Finished area above ground: 5,475
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 14
      • Parking features: Garage Faces Front, Asphalt, Attached, Driveway, Parking Lot
      • Attached garage spaces: 2
      • Uncovered spaces: 12
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Patio & porch: Patio, Porch
      • Pool features: None
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 1.03 Acres
      • Features: Backs to Trees, Wooded
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 160800703018
      • Zoning: R200
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial,Contemporary,Other
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame, Stucco
      • Foundation: Block
      • Roof: Asphalt
      Condition
      • Very Good
      • New construction: No
      • Year built: 1945
      • Major remodel year: 1993

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Olney
      HOA
      • Has HOA: No
      Location
      • Region: Olney

      Financial & listing details

      • Price per square foot: $254/sqft
      • Tax assessed value: $745,900
      • Annual tax amount: $9,416
      • Date on market: 9/8/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        $1,330,000

        $1.26M - $1.40M

        $4,901/mo

        Price history

        DateEventPrice
        9/8/2026Listed for sale$1,390,000$254/sqft
        Source: Bright MLS #MDMC2254512 Report a problem
        6/27/2026Listing removed$1,390,000$254/sqft
        Source: Bright MLS #MDMC2144244 Report a problem
        5/2/2026Price change$1,390,000-4.1%$254/sqft
        Source: Bright MLS #MDMC2144244 Report a problem
        1/25/2026Listed for sale$1,450,000-3.3%$265/sqft
        Source: Bright MLS #MDMC2144244 Report a problem
        1/10/2026Listing removed$1,500,000$274/sqft
        Source: Bright MLS #MDMC2144244 Report a problem
        1/9/2026Listed for sale$1,500,000$274/sqft
        Source: Bright MLS #MDMC2144244 Report a problem
        12/11/2025Listing removed$1,500,000$274/sqft
        Source: Bright MLS #MDMC2144244 Report a problem
        10/28/2025Listed for sale$1,500,000$274/sqft
        Source: Bright MLS #MDMC2144244 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,724 +1.6%$745,900
        2024$8,587 -4.5%$745,900 -4.4%
        2023$8,993 +12%$780,500 +7.2%
        2022$8,033 +7.9%$727,933 +7.8%
        2021$7,446 +8.4%$675,367 +8.4%
        2020$6,871 +1.8%$622,800
        2019$6,749 -0.2%$622,800 +1.8%
        2018$6,762 -1.8%$612,067 +0.9%
        2017$6,885 -5.4%$606,700 +0.9%
        2016$7,280 $601,067 +0.9%
        2015$7,280 $595,433 +1%
        2014$7,280 $589,800
        2013-- $589,800
        2012-- $589,800 -17.8%
        2011-- $717,840
        2010-- $717,840
        2009-- $717,840 -8.6%
        2008-- $785,020 +10.8%
        2007-- $708,476 +12.1%
        2006-- $631,933 +13.8%
        2005-- $555,390 +11.1%
        2004-- $499,870
        2003-- $499,870 +28.6%
        2002-- $388,830
        2001-- $388,830
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 20832

        Getting around

        61 / 100
        Somewhat Walkable
        33 / 100
        Some Transit
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Brooke Grove
        • Middle: William H. Farquhar
        • High: Sherwood
        • District: Montgomery County Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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