4023 Old Washington Rd, Waldorf, MD 20602

$1,200,000
6
BD
4
BA
2,496
SqFt

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List Price
$1,200,000
Days on Market
66
MLS#
MDCH2054684
Status
ACTIVE
Type
Single Family Residential
Style
Raised Ranch/Rambler
Year Built
1959
Bedrooms
6
Full-baths
4
County
Charles
Neighborhood
Maryland Gardens Sub
Subdivision
Maryland Gardens Sub

Property Description

***Owner financing may be available with acceptable terms. Rarely does an opportunity like this become available in one of Waldorf's fastest-growing corridors.***Zoned RM (Residential Medium Density) This home is situated on approximately 4+ acres in the heart of Waldorf’s rapidly growing corridor, this all-brick rambler offers a rare combination of comfortable living today and exceptional future potential. The home has been lovingly cared for over the years and features solid construction, spacious living areas, and timeless character throughout. While the interior reflects a more traditional style and could benefit from updating, the property presents an outstanding opportunity for homeowners, investors, or builders alike. The values is believed to be in the development potential. Positioned just off the Route 301 corridor and surrounded by ongoing residential and commercial growth, the setting offers convenience, visibility, and long-term upside. The expansive lot provides room to spread out while still being close to shopping, dining, commuter routes, and everyday amenities. Whether you are looking for a well-built home with acreage, an investment opportunity, or a property with future development potential, this unique offering deserves a closer look. The primary value is believed to be in the land and future development possibilities. Potential uses may include a town home community, single-family subdivision, cluster-style residential development, or possible assemblage opportunities with neighboring parcels. Conceptual yield estimates may support approximately 24–36 town homes or 6–10 single-family lots, subject to county approvals and engineering. Buyer to verify zoning, land use, subdivision potential, utility availability, and all property information with Charles County.

Additional Information

Acres
4.12
Lot Size
179,467
Living Area
2,496
Exterior Features
Exterior Lighting, Secure Storage, Sidewalks
Roof
Asphalt
Cooling
Central A/C
Heating
90% Forced Air
Basement
Yes
Taxes
$6,786

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Calculator source: Real Geeks

Listing courtesy of RE/MAX One. Contact: 4432956123