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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

Listed by Alecia Scott • Long & Foster Real Estate, Inc.

$1,200,000

Est. payment - /mo

1.48 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID MDMC2155798

HOA Y/N N

Available Date 2024-11-16

Annual Tax Amount $2,591

Tax Year 2024

Lot Size 1.480 Acres

Acres 1.48

Property Sub-Type Land

Source BRIGHT

Property Description

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.

Location

State MD

County Montgomery

Zoning R200

Exterior

Utilities Available None

Water Access N

View Trees/Woods, Street

Garage N

Building

Lot Description Trees/Wooded

Sewer Public Hook/Up Avail

Water Public Hook-up Available

Schools

School District Montgomery County Public Schools

Others

Tax ID 160800707723

Ownership Fee Simple

Acceptable Financing Cash, Bank Portfolio, Conventional

Listing Terms Cash, Bank Portfolio, Conventional

Financing Cash,Bank Portfolio,Conventional

Special Listing Condition Standard

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Nearby School & Business

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William Mercogliano III

+1(856) 472-9836

Broker Associate License ID: 0893537

BRIARS RD Olney, MD 20832

William Mercogliano III

Key Details

Location

Exterior

Building

Schools

Others

Nearby School & Business

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