A rare and compelling opportunity in the heart of Olney, this premium 2.44 acre parcel offers a fantastic combination of location, scale and flexibility. Perfectly situated off Old Baltimore Road between Ampeg Lane and Winter Morning Drive, the property sits just two homes away from the sought after Toll Brothers built Olney Estates community, where neighboring residences exceed 8,000 square feet and values surpass $1.8 million supporting strong long term upside while remaining accessible for a range of custom home visions. The lot’s gently level topography provides excellent buildability, making it well suited for anything from a thoughtfully designed custom home to a larger estate or future investment. Surrounded by established homes, green space and community landmarks, the setting offers both immediate appeal and enduring value. Families will appreciate access to highly regarded Montgomery County public schools, recognized for both academic strength and competitive athletic programs. Nearby private options further enhance the area’s appeal, including Our Lady of Good Counsel High School, known for its strong college preparatory curriculum and standout athletics. This blend of scholastic and athletic opportunity adds meaningful lifestyle value for a wide range of buyers. Positioned adjacent to Faith Presbyterian Church, the property also presents potential for institutional or faith based use. With ample space to accommodate a sizable congregation and parking (subject to planning and approvals), the lot offers versatility to suit a variety of needs and visions. Whether you’re building your dream home, developing or investing, this property delivers a unique chance to secure land in one of Olney’s most desirable and established locations. A review of aerial and satellite imagery highlights its strategic placement among higher value homes and key community features. Opportunities like this are increasingly limited, don’t miss your chance to bring your vision to life in this sought after setting.
Lot/land
$449,988
Old Baltimore Rd, Olney, MD 20832
--beds
--baths
2.44Acres
Unimproved Land
Built in ----
2.44 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 10 days |
- 200 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Aklilu Seium 202-271-7691,
Long & Foster Real Estate, Inc. 301-975-9500
Source: Bright MLS,MLS#: MDMC2228808
Facts & features
Property
Lot
- Size: 2.44 Acres
Details
- Parcel number: 160801995246
- Zoning: RE2
- Special conditions: Standard
Utilities & green energy
- Sewer: Other
- Water: Other
Community & HOA
HOA
- Has HOA: No
Location
- Region: Olney
Financial & listing details
- Tax assessed value: $324,700
- Annual tax amount: $4,032
- Date on market: 4/22/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Listed for sale | $449,988 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 20832
Nearby schools
GreatSchools rating
- 8/10Sherwood Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 6/10William H. Farquhar Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10James Hubert Blake High SchoolGrades: 9-12Distance: 3 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Maryland
- Montgomery County
- Olney
- 20832
- Old Baltimore Rd




