Cell: (410) 693-3354 | Office:(410) 505-9700
Mia Anderson

8620 Falls Road, Potomac, MD 20854

$1,350,000
  • 8620 Falls Road, Potomac, MD 20854 Main Photo

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BEDS4 BATHS3 full SQUARE FEET2,202 MLS#MDMC2217916
STATUSACTIVE PROPERTY TYPEResidential - Single Family SUBDIVISIONPOTOMAC OUTSIDE SCHOOLMONTGOMERY COUNTY PUBLIC SCHOOLS

Property Description

An exceptional opportunity for a builder, investor or new homeowner to take advantage of a property where much of the heavy lifting has already been completed to put a new build on this lot. The preliminary work that typically slows a project has been thoughtfully addressed, allowing the next owner to move quickly into starting to build a new home. Architectural plans are complete and supported by a professionally-developed interior design board, tailored to today’s Potomac luxury buyer. A Montgomery County Plat Exemption has been awarded, and key infrastructure milestones are in place, including utility disconnections, completed well and septic abandonment, installation of a temporary electric pole, approved WSSC water and sewer category changes, and $30,000 in paid WSSC connection fees. An approved Grading Plan has been secured, and all property boundaries and Limits of Disturbance have been professionally staked. The existing home offers meaningful flexibility. Expand and reposition the current structure for a high-end resale, or pursue a tear-down and construct a custom residence designed to command a premium price in the Potomac market. Situated along Falls Road, the location offers very convenient access to the natural beauty of the Great Falls Overlook with the park entrance only a couple of minutes away. This location also offers easy access to Olmstead Island, the Billy Goat Trail, highly regarded Winston Churchill High School, and the amenities of Potomac Village, with proximity to major commuter routes. For a builder or future new homeowner who understands the value of time, preparation, and location, this property presents a great opportunity.

8620 Falls Road | MLS# MDMC2217916

This single family home located at 8620 Falls Road, Potomac, MD 20854 is currently listed for sale with an asking price of $1,350,000. This property was built in 1951 and has 4 bedrooms and 3 full baths with 2202 sq. ft. Falls Road is located in the POTOMAC OUTSIDE subdivision within the MONTGOMERY COUNTY PUBLIC SCHOOLS school district. Search POTOMAC OUTSIDE real estate on www.miamovesyou.com today.

Property Features

Property Type: Residential - Single Family
Basement: Connecting Stairway, Interior Access, Outside Entrance, Poured Concrete, Unfinished, Walkout Stairs, Water Proofing System, Windows
Basement: Yes
Cooling: Central A/C
Fireplaces: 2
Fuel Type: Oil, Electric
Heating: Zoned
Lot Size: 0.61 Acres
Stories: 2.0
Taxes: $9,754
Year Built: 1951

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Refrigerator, Water Conditioner - Owned
Exterior: Extensive Hardscape
Exterior: Frame
Interior: Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Recessed Lighting, Wood Floors, Skylight(s)
Lot Dimensions: 0.61 Acre(S)
Rooms: Living Room, Bedroom 2,Bedroom 3,Bedroom 4,Kitchen, Family Room, Basement, Foyer, Bedroom 1,Laundry, Office, Bathroom 1,Bathroom 2,Bathroom 3
Sewer: Public Hook/Up Avail
SQFT Above Finished: 2202
SQFT Total Finished: 2202
Structure Type: Detached
Water: Public Hook-up Available

Local Schools

High School: WINSTON CHURCHILL
Middle School: HERBERT HOOVER
Elementary School: POTOMAC
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Samson Properties
Agency Phone: 7033788810

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Estimated Payment

$ 4,211.10 per month $3,004.51 Principal & Interest $812.83 Property Tax $393.75 Homeowner's Insurance

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