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.
Listed By
Agency Name: Samson Properties
Agency Phone: 7033788810
Shown By
Agent Name: Mia Anderson
Agent Phone: Cell: (410) 693-3354
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 4,211.10 per month $3,004.51 Principal & Interest $812.83 Property Tax $393.75 Homeowner's Insurance
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.