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.
Pending
$1,200,000
Briars Rd, Olney, MD 20832
--beds
--baths
1.48Acres
Est.:
Unimproved Land
Built in ----
1.48 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 405 days |
- 12 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 05:40pm
Listed by:
Alecia Scott 301-252-2177,
Long & Foster Real Estate, Inc. 301-424-0900,
Listing Team: The Scott Team., Co-Listing Team: The Scott Team.,Co-Listing Agent: Robert Alexander Scott 301-252-0618,
Long & Foster Real Estate, Inc.
Source: Bright MLS,MLS#: MDMC2155798
Facts & features
Property
Features
- Has view: Yes
- View description: Trees/Woods, Street
Lot
- Size: 1.48 Acres
- Features: Wooded, Suburban
Details
- Additional parcels included: 4201 Briars Rd Olney , MD TAX ID 160800707712 HOME, GARAGE & LOT CONVEY TOGETHER.
- Parcel number: 160800707723
- Zoning: R200
- Zoning description: The R-200 zoning district primarily allows single family detached housing.
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
- Utilities for property: None
Community & HOA
HOA
- Has HOA: No
Location
- Region: Olney
Financial & listing details
- Tax assessed value: $225,033
- Annual tax amount: $2,591
- Date on market: 11/16/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Bank Portfolio,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2025 | Pending sale | $1,200,000 |
Source: | ||
| 11/16/2024 | Listed for sale | $1,200,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$7,010/mo
Principal & interest
$5740
Property taxes
$850
Home insurance
$420
Climate risks
Neighborhood: 20832
Nearby schools
GreatSchools rating
- 8/10Greenwood Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 9/10Rosa M. Parks Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Sherwood High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- 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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