**RARE** 3.83 Acre Development Opportunity located in Silver Spring, MD. Exceptional opportunity to acquire 3.83 acres in one of Montgomery County's desirable infill development corridors, just 1 mile from ICC/MD-200 and New Hampshire Avenue. Located within the established Drumeldra Hills community in the Colesville area of Silver Spring, this offering presents potential for up to six residential lots (subject to approvals) as determined by a review of the property by Land Planning Consultants, Benning & Associates, Inc. The property is zone R-200 and within the water service category W-1 and the sewer service category S-1 which indicates that water and sewer is available for immediate use provided appropriate approvals are obtained from Montgomery County. See full report in the online documents. The property includes one existing well-maintained home with five bedrooms and three bathrooms, providing potential holding income, occupancy, or redevelopment flexibility while planning future development. Home is available for touring with an approved scheduled showing through Showing Time. Surrounded by mature neighborhoods, shopping, dining, and major commuter routes, the site offers an ideal combination of residential appeal and accessibility. Convenient to Colesville Shopping Center, Orchard Center, and Downtown Silver Spring. Offered as a package only, this is a rare opportunity for builders, developers, and investors to capitalize on limited land inventory in a high-demand Montgomery County market. Buyer to conduct independent due diligence regarding zoning, subdivision potential, density, utilities, environmental conditions, and all required governmental approvals. Please contact listing agent with any questions.
Based on the average sale price from the Columbia, MD office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
13904 Overton Lane Silver Spring, MD is a Single Family Home for sale at $1899000 with 2720 sqft and a lot size of 3.83 Acres Acre(s). 13904 Overton Lane Silver Spring has 5 bedrooms, 3 baths and was built in 1942. The property's zip code is 20904 which is in Silver Spring, MD
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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