Takoma Park Land Lot for Sale

/55
$12,500,000
- Land
- 2.82 Acres
- $4,432,624 per Acre
117 Elm Ave, Takoma Park, MD 20912

Set on a rare and expansive 2.82-acre parcel in the heart of Takoma Park and just over the DC line, this unique property presents a compelling opportunity for visionary developers, institutional uses, and investors. Most recently operated as a private school, 117 Elm Avenue sits within the R-60 residential zone of Montgomery County, offering a variety of redevelopment possibilities in one of the

MJ Frazier

Serhant

(240) 244-4650

117 Elm Ave, Takoma Park, MD 20912

Maryland Takoma Park Takoma Park

Home Trends in Takoma Park, MD

On average, homes in Takoma Park, MD sell after 30 days on the market compared to the national average of 51 days. The median sale price for homes in Takoma Park, MD over the last 12 months is $803,803, up 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$803,803

Median Single Family Sale Price

$849,000

Median Townhouse Sale Price

$675,000

Median 2 Bedroom Sale Price

$230,000

Median 1 Bedroom Sale Price

$185,000

Average Price Per Sq Ft

$351

Number of Homes for Sale

Last 12 months Home Sales

137

Months of Supply

3.10

Median List Price

$772,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

Takoma Park Types of Homes for Sale

More About Living in Takoma Park

Homes in Nearby Neighborhoods

Homes in Nearby Cities

Homes in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage