Active

8426 Piney Branch Rd

Silver Spring MD, 20901

$2,900,000


$752.07 per sqft

Active

3 Beds

2 Baths

3,856 sqft

Residential

Built in 1943

PRICE REDUCED! ALL OFFERS WILL BE CONSIDERED.
If you are seeking an excellent investment opportunity zoned for Commercial and/or Residential use in a prime location this is for you! Opening soon is the new "Purple Line ", a 16 mile light rail line situated minutes from this property which may bring many opportunities for investors. This exceptional 3-lot package is .43 acres (tax id: 161301397842, 161301397831, 161301397853). Investors, developers and homeowners alike will find a wealth of potential in this property.
The brick cape cod boasts spacious rooms with hardwood floors, providing a comfortable and charming living space. With close proximity to the Metro, its strategic location is ideal for those who value convenient commuting.
Beyond the charm of the residence, the three adjacent commercially-zoned lots, totaling 21,241 square feet offer endless possibilities. These lots could be developed into a retail space, an office building, or any other lucrative commercial venture.
With a location convenient to major highways, shopping, and dining, this property is highly desirable and poised for success. Don't miss out on this exceptional opportunity to secure a valuable investment in a thriving area. Schedule an experience today to explore the possibilities firsthand.
NOTE: PROPERTY IS ZONED FOR BOTH RESIDENTIAL AND COMMERCIAL. SEE COMMERCIAL LISTING #MDMC2149642

MDMC2102990

MLS ID

August 7, 2023

Listed

November 1, 2024

Updated

Map

8426 Piney Branch Rd
Silver Spring MD, 20901

Interior Features

Total Stories

3


Bedrooms

3


Total Bathrooms

2


Full Bathrooms

1


Half Bathrooms

1


Interior Features

Wood


Appliances

Electric Water Heater


Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.14 Acres


Architectual Style

Cape Cod


Roof

Slate


Sewer

Public Sewer

School Information

School District

MONTGOMERY COUNTY PUBLIC SCHOOLS

Other Property Details

Area Name

SILVER SPRING


Taxes

$7,241


Tax Frequency

Annually


Days on Market

449


Garage

No


Parking

Off Street


View

No


County

MONTGOMERY


Water Source

Public


Pool

No

Listing History

Date

Event

Price

9/13/2024

Price change

$2,900,000

-24%

9/9/2024

Price change

$3,800,000

31%

5/4/2024

Price change

$2,900,000

-24%

11/12/2023

Price change

$3,800,000

-5%

Listed by Smart Realty, LLC
Listing Contact: 4104048173 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/1/2024 at 3:19 AM UTC

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