$1,100,000
COMING SOON SEP 02, 2025

4912 Downland Terrace Olney, MD 20832

Estimated payment $6,996/month

Total Views 405
4 Beds
4.5 Baths
5,442 Sq Ft
9,093 Sq Ft Lot

Highlights

  • Colonial Architecture
  • Two Story Ceilings
  • Garden View
  • Olney Elementary School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

Located in sought after Norbeck Grove, 4912 Downland Terrace is an expansive residence offering three beautifully finished levels of living space! Sited on a corner lot in a wonderful section of the neighborhood, this prime property has more than 6000 square feet of total living space with 4 Bedrooms, 4 Full Bathrooms (THREE FULL BATHROOMS ON UPPER LEVEL), 1 Half Bathroom, a MAIN LEVEL OFFICE, a full walkout lower level with a KITCHENETTE, a fully fenced backyard and more! This home truly combines size, style, and versatility—perfect for those seeking both everyday comfort and exceptional entertaining spaces. Enter to an impressive 2 story foyer and the main staircase. Sightlines from the front entry to the 2 story stone fireplace flanked by floor to ceiling windows speak of luxury. The banquet sized Living Room is on the left and a perfectly proportioned Sitting Room is on the right, both with large windows. The spacious Chef’s Kitchen with stainless appliances, a center island, abundant cabinetry and breakfast area has plenty of room for family and friends. There is a workstation in the Kitchen ideal for all kinds of projects. A side-load Two Car Garage with an electric car charger leads to the Mudroom and then the Kitchen. The 2 story Great Room is off the Kitchen and has new french doors that leads to the backyard. The main level also features a dedicated Office and of course a Powder Room. Outside, a brick Patio with access from the Kitchen and the Great Room is ideal for entertaining or enjoying all on your own. With Dual Staircases to the top level, no-one ever gets in your way! Ascend the back staircase from the Kitchen and Family Room to a delightful open hallway that overlooks the Great Room and the Foyer. Upstairs, you’ll find a private retreat with a luxurious Primary Suite with tray ceilings TWO walk-in closets and a Sitting Area. An upscale large spa-inspired Bathroom with quartzite and marble tiles, 2 vanities, a separate soaking tub and a separate shower are sure to delight. The 2nd Bedroom has its own EN-SUITE Bathroom. A THIRD hall bathroom and two additional Bedrooms complete the top level.
The full finished walk-out Lower Level with a KITCHNETTE, potential 5th Bedroom and a full Bathroom offer endless possibilities—whether you envision a home theater, game room, fitness area, or guest suite, the space is flexible and ready to meet your needs.
Additional highlights include Dual HVAC system, hardwood flooring, designer carpeting, multiple storage areas, 25 year architectural roof (2015). 5 foot privacy fence, and a full house generator. Community amenities include a pool, playgrounds, walking paths, basketball, tennis, pickleball courts and more. You will love the neighborhood park just down the street. The property is zoned for top rated schools including Olney Elementary School, close to major throughfares and the unbeatable lifestyle that the Olney area offers. A fantastic floor plan, generous living spaces, a lovely street and the friendly, popular community makes this the perfect place to call home!

Listing Agent

Karen Friedman

Long & Foster Real Estate, Inc. License #SP98378444 Listed on: 08/21/2025

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,909

Year Built

  • Built in 1998

Lot Details

  • 9,093 Sq Ft Lot
  • Privacy Fence
  • Extensive Hardscape
  • Corner Lot
  • Property is zoned RE1

HOA Fees

  • $93 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Synthetic Stucco Exterior

Interior Spaces

  • Property has 3 Levels
  • Tray Ceiling
  • Two Story Ceilings
  • 1 Fireplace
  • Garden Views

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Rear Basement Entry

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Coming Soon on 9/2/25
  • Tax Lot 8
  • Assessor Parcel Number 160803097257

Community Details

Overview

  • Association fees include pool(s), recreation facility, common area maintenance, management
  • The Management Group HOA
  • Norbeck Grove Subdivision

Amenities

  • Common Area
  • Community Center

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Dog Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,909

Year Built

Built in 1998

Lot Details

0

HOA Fees

$93 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 9/2/2025 12:00:00 AM
  • Year Built: 1998
  • Remarks Public: Located in sought after Norbeck Grove, 4912 Downland Terrace is an expansive residence offering three beautifully finished levels of living space! Sited on a corner lot in a wonderful section of the neighborhood, this prime property has more than 6000 square feet of total living space with 4 Bedrooms, 4 Full Bathrooms (THREE FULL BATHROOMS ON UPPER LEVEL), 1 Half Bathroom, a MAIN LEVEL OFFICE, a full walkout lower level with a KITCHENETTE, a fully fenced backyard and more! This home truly combines size, style, and versatility—perfect for those seeking both everyday comfort and exceptional entertaining spaces. Enter to an impressive 2 story foyer and the main staircase. Sightlines from the front entry to the 2 story stone fireplace flanked by floor to ceiling windows speak of luxury. The banquet sized Living Room is on the left and a perfectly proportioned Sitting Room is on the right, both with large windows. The spacious Chef’s Kitchen with stainless appliances, a center island, abundant cabinetry and breakfast area has plenty of room for family and friends. There is a workstation in the Kitchen ideal for all kinds of projects. A side-load Two Car Garage with an electric car charger leads to the Mudroom and then the Kitchen. The 2 story Great Room is off the Kitchen and has new french doors that leads to the backyard. The main level also features a dedicated Office and of course a Powder Room. Outside, a brick Patio with access from the Kitchen and the Great Room is ideal for entertaining or enjoying all on your own. With Dual Staircases to the top level, no-one ever gets in your way! Ascend the back staircase from the Kitchen and Family Room to a delightful open hallway that overlooks the Great Room and the Foyer. Upstairs, you’ll find a private retreat with a luxurious Primary Suite with tray ceilings TWO walk-in closets and a Sitting Area. An upscale large spa-inspired Bathroom with quartzite and marble tiles, 2 vanities, a separate soaking tub and a separate shower are sure to delight. The 2nd Bedroom has its own EN-SUITE Bathroom. A THIRD hall bathroom and two additional Bedrooms complete the top level. The full finished walk-out Lower Level with a KITCHNETTE, potential 5th Bedroom and a full Bathroom offer endless possibilities—whether you envision a home theater, game room, fitness area, or guest suite, the space is flexible and ready to meet your needs. Additional highlights include Dual HVAC system, hardwood flooring, designer carpeting, multiple storage areas, 25 year architectural roof (2015). 5 foot privacy fence, and a full house generator. Community amenities include a pool, playgrounds, walking paths, basketball, tennis, pickleball courts and more. You will love the neighborhood park just down the street. The property is zoned for top rated schools including Olney Elementary School, close to major throughfares and the unbeatable lifestyle that the Olney area offers. A fantastic floor plan, generous living spaces, a lovely street and the friendly, popular community makes this the perfect place to call home!
  • Special Features: ComingSoon
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Tray Ceilings
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Full, Outside Entrance, Rear Entrance, Walkout Stairs
  • Total Sq Ft: 6114
  • Living Area Sq Ft: 5442
  • Price Per Sq Ft: 279.05
  • Above Grade Finished Sq Ft: 3942
  • Below Grade Finished Sq Ft: 1500
  • Below Grade Sq Ft: 672
  • Total Below Grade Sq Ft: 2172
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4912

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Synthetic Stucco, Vinyl Siding
  • Exterior Features: Sidewalks, Exterior Lighting, Extensive Hardscape
  • Roof: Architectural Shingle
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 279.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Community Center, Dog Park, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Recreation Facility, Common Area Maintenance, Management
  • HOA Name: THE MANAGEMENT GROUP
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Fencing: Privacy
  • Land Use Code: R
  • Lot Features: Corner
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9093.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2025
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10909.00
  • Assessor Parcel Number: 160803097257
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 5442
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $10,909 $983,100 $257,000 $726,100
2024 $10,909 $908,767 $0 $0
2023 $9,342 $834,433 $0 $0
2022 $8,103 $760,100 $244,800 $515,300
2021 $8,616 $757,133 $0 $0
2020 $8,616 $754,167 $0 $0
2019 $8,566 $751,200 $244,800 $506,400
2018 $8,313 $727,633 $0 $0
2017 $8,195 $704,067 $0 $0
2016 $7,650 $680,500 $0 $0
2015 $7,650 $680,500 $0 $0
2014 $7,650 $680,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2015 09/15/15 Sold $765,000 -1.8% $141 / Sq Ft
06/21/2015 06/21/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $779,000 -- $143 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $840,000 --
Deed $840,000 --
Deed $379,515 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 Unknown
Open $544,000 New Conventional
Closed $68,000 Credit Line Revolving
Closed $50,000 Credit Line Revolving
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2196326

Bright MLS

APN: 08-03097257