Incredible Development Opportunity - 4.38 Acres in Prime Derwood/Rockville Location Located at 5904 Muncaster Mill Road, across from Magruder High School, this approximately 4.38-acre property is currently zoned R-200 with easy access to the ICC. The site offers a wide range of potential development possibilities, subject to county approval and… Read More legal allowances. Prospective uses may include: private school, church, synagogue, Mediterranean cooking school, daycare center or summer camp, assisted living or nursing facility, medical office with special exception, physical therapy rehabilitation center, townhomes, or upscale single-family homes. Close proximity to Silver Spring, Norbeck Road, multiple places of worship, assisted living facilities, and the renowned Leisure World Retirement Community. Outdoor recreation abounds with nearby Lake Needwood, offering ziplining, paddleboarding, boat rentals, hiking/biking trails, archery, volleyball, picnic areas, gazebos, cabins, and even a nearby horse farm for riding enthusiasts. The Lake Needwood bike trail also connects directly to Washington, D.C. A single-family home currently occupies the site, with a septic system (not currently in use and may require repair). Public water and sewer are now available through WSSC. The property is exempt from Montgomery County's building construction moratorium. Owner financing is available. An exceptional investment or development opportunity in a highly desirable location. Read Less
Courtesy of Sarah Reynolds, Keller Williams Chantilly Ventures [email protected]
Listing Snapshot
Days Online
1
Last Updated
Property Type
Unimproved Land
Lot Size
4.37 Acres
MLS Number
MDMC2176792
30 Days Snapshot Of 20855
$636k
-15%
(avg) sold price
20
+66%
homes sold
43
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Fees
Front Foot Fee Pymt Freq: Annually
Lot
190,357 sqft, 4.37 acres
Sewer
Public Sewer
Taxes
City/Town Tax Pymnt Freq: Annually, County Tax: $5,002, County Tax Pymnt Freq: Annually, Tax Annual Amount: $5,472, Tax Year: 2024
Utilities
Water Available, Sewer Available
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