Estimated payment $8,973/month
Total Views
718
4
Beds
4.5
Baths
5,475
Sq Ft
1.03
Acres
Highlights
- 1.03 Acre Lot
- Colonial Architecture
- Wood Flooring
- Brooke Grove Elementary School Rated A
- Wooded Lot
- No HOA
About This Home
A Rare Hybrid Opportunity in the Heart of Olney. Discover the perfect blend of serene living and professional potential with this truly special property, situated on a full acre. Nestled along Route 108—one of the community’s main arteries—this unique residence offers the rare opportunity to live and work in one seamless, versatile space. Build Wealth, Not Your Landlord’s. Instead of paying rent to someone else, channel that money into an asset you own — creating long-term equity.
Discover the perfect blend of serene living and professional potential with this truly special property, situated on a full acre in the heart of Central Olney. Nestled along Route 108—one of the community’s main arteries—this unique residence offers the rare opportunity to live and work in one seamless, versatile space.
Originally built in 1945 with a second wing added in 1993, the property features two distinct areas:
Primary Residence – Approximately 3,526 square feet, this beautifully maintained home includes 4 spacious bedrooms, 4 full bathrooms, a formal dining room, living room, family room, and a 2-car garage. Step outside into a generous backyard ideal for outdoor entertaining, relaxation, or expansion.
Professional Office Space – An attached, dedicated office suite of about 1,710 square feet, currently configured for use as a chiropractic practice, but easily adaptable to other professional services or business uses.
This is more than a home—it’s a flexible lifestyle property. With ample on-site parking, a high-visibility location, and zoning that allows for a wide range of by-right uses, the possibilities are nearly endless with a multitude of permitted uses.
Whether you’re an entrepreneur looking to run your business from home, a medical or wellness professional in need of a turnkey space, or a visionary buyer looking to transform this property into a specialized residential or commercial venue—this property delivers.
Don’t miss this rare opportunity to live where you work, work where you live, and become part of a vibrant, growing community.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,356
Year Built
- Built in 1945
Lot Details
- 1.03 Acre Lot
- Wooded Lot
- Backs to Trees or Woods
- Property is in very good condition
- Property is zoned R200
Parking
- 2 Car Attached Garage
- 12 Open Parking Spaces
- Front Facing Garage
- Driveway
- Parking Lot
- Off-Street Parking
Home Design
- Colonial Architecture
- Contemporary Architecture
- Block Foundation
- Frame Construction
Interior Spaces
- Property has 3 Levels
- Wood Burning Fireplace
- Family Room Off Kitchen
Kitchen
- Eat-In Country Kitchen
- Gas Oven or Range
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Basement
- Heated Basement
- Partial Basement
Outdoor Features
- Patio
- Porch
Schools
- Brooke Grove Elementary School
- William H. Farquhar Middle School
- Sherwood High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Olney Subdivision
Listing and Financial Details
- Coming Soon on 9/25/25
- Assessor Parcel Number 160800703018
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,307 | $745,900 | $296,000 | $449,900 |
| 2024 | $9,307 | $745,900 | $296,000 | $449,900 |
| 2023 | $10,356 | $780,500 | $296,000 | $484,500 |
| 2022 | $7,987 | $727,933 | $0 | $0 |
| 2021 | $6,724 | $675,367 | $0 | $0 |
| 2020 | $6,724 | $622,800 | $296,000 | $326,800 |
| 2019 | $6,642 | $617,433 | $0 | $0 |
| 2018 | $6,587 | $612,067 | $0 | $0 |
| 2017 | $6,651 | $606,700 | $0 | $0 |
| 2016 | -- | $601,067 | $0 | $0 |
| 2015 | $7,280 | $595,433 | $0 | $0 |
| 2014 | $7,280 | $589,800 | $0 | $0 |
Source: Public Records
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Public Records
Similar Homes in the area
Source: Bright MLS
MLS Number: MDMC2144244
APN: 08-00703018
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