Olney MD Land for Sale

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Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.48 Acres
Baths:
MLS#:
MDMC2155798

ADDITIONAL INFORMATION

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 parcelsâone with a single-family home & Detached Garage built in 1957 and the other as additional landâoffer 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.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.51 Acres
Baths:
MLS#:
MDMC2149492
Subdivision:
Williamsburg Village

ADDITIONAL INFORMATION

Taking contract as they come in! Do not wait. A rare find in the heart of Olney, a flat level ½ acre square, middle of the block lot in and old much-loved subdivision of Williamsburg Village. Public water and sewer available as well as natural gas. Arguably, the nicest building lot in Olney, no HOA restrictions, and a great location so convenient to Rockville, ICC, shopping, excellent public and private schools, parks, and aquatic center.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.5 Acres
Baths:
MLS#:
MDMC2073622

ADDITIONAL INFORMATION

DRASTICALLY REDUCED! THE LISTING PRICE OF $374,990.00 IS $254,210.00 BELOW THE COUNTY TAX ASSESSED VALUE OF $629,200.00! This is your rare opportunity to own a piece of prime real estate in the heart of Olney WAY BELOW MARKET VALUE! This Deeded parcel is 1.5 acres located directly adjacent to Medstar Montgomery Medical Center, previously known as Montgomery General Hospital. A small stream that is part of James Creek runs through the bottom of the property near Brooke Farm Dr., but it is NOT located in a Federal Flood Zone. FEMA Zone Rating is X. The property connects to both Brooke Farm Dr. and Tall Timbers Rd. and can possibly be subdivided into more than one lot. Public utilities are available at the street level but are not connected to the property. The parcel is being conveyed As-Is. Buyer is advised to verify available public utilities or questions related to building/subdivision with Montgomery County Planning Department for M-NCPPC. Thank you for your consideration.

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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.



Olney Real Estate

The median home value in Olney, MD is $555,000. This is lower than the county median home value of $556,100. The national median home value is $338,100. The average price of homes sold in Olney, MD is $555,000. Approximately 87.74% of Olney homes are owned, compared to 10.5% rented, while 1.76% are vacant. Olney real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Olney real estate agent to arrange a tour today!

Olney, Maryland has a population of 35,815. Olney is more family-centric than the surrounding county with 38.51% of the households containing married families with children. The county average for households married with children is 37.16%.

The median household income in Olney, Maryland is $161,065. The median household income for the surrounding county is $117,345 compared to the national median of $69,021. The median age of people living in Olney is 42.4 years.

Olney Weather

The average high temperature in July is 87 degrees, with an average low temperature in January of 25 degrees. The average rainfall is approximately 43.3 inches per year, with 15.8 inches of snow per year.

Olney Real Estate Market Conditions

  • Median sales price

    $555,000
    11.2% change since last quarter
  • # Active listings

    27
    30-day change

Olney Schools and Demographics

Education near Olney, MD

Metric City County
High School Graduates 95.55 91.23
College Degree - 2 year 5.17 5.52
College Degree - 4 year 66.05 59.78
Graduate Degree 22.88 19.66
Expenditures per Student 19,736 19,736
Students per Teacher 13.6 13.6

Elementary Schools near Olney, MD

School Grades Students P/T Ratio ZIP
Belmont Elementary School KG - 05 309 15.6 20832
Brooke Grove Elementary School PK - 05 402 14.9 20832
Greenwood Elementary School PK - 06 510 18.3 20833
Mill Creek Towne Elementary School PK - 05 413 12.6 20855
Olney Elementary School PK - 05 633 19 20832
Sequoyah Elementary School PK - 05 440 11.8 20855
Sherwood Elementary School PK - 06 496 15.6 20860

Middle Schools near Olney, MD

School Grades Students P/T Ratio ZIP
Redland Middle School 06 - 09 545 13.9 20855
Rosa M. Parks Middle 06 - 09 906 17.5 20832
William H. Farquhar Middle 06 - 08 582 14.9 20832

High Schools near Olney, MD

School Grades Students P/T Ratio ZIP
Col. Zadok Magruder High 09 - 12 1,526 17.4 20855
Sherwood High School 09 - 12 1,894 17.1 20860

Demographics near Olney, MD

Metric City County
Neighborhood Type Suburban
Population 35,815 1,057,201
Population Density 2,211 2,144
Median Age 42.4 39.6
People per Household 3 2.7
Median Household Income 161,065 117,345
Average Income per Capita 61,056 59,384