This exceptional residential property, with an additional property on lot situated in the desirable Gaithersburg Outside subdivision, presents a unique investment opportunity with significant potential for appreciation and development. Spanning 1.38 acres, the lot features a combination of wooded areas and open space, offering a serene environment while also allowing for subdivision possibilities. This flexibility enhances the potential for maximizing returns through future development or resale. The existing structure, is 2 detached homes with a fully finished basement. with four bedrooms and three full bathrooms, the property is well-suited for various rental strategies, capitalizing on the growing demand for housing in the area. The property boasts three fireplaces. Investors will appreciate the absence of a homeowners association fee, allowing for greater flexibility in property management and potential cost savings. The combination of a prime location, substantial lot size, and the potential for subdivision makes this property a compelling choice for those looking to invest in a growing market with promising returns.
Listed by:
Long & Foster Real Estate, Inc.
Source:
BRIGHT MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Oct 13, 2025 | 2 mos ago | Price increased150,000 (11%) | $1,350,000 |
| Oct 7, 2025 | 2 mos ago | Price increased1,080,000 (90%) | $1,200,000 |
| Oct 7, 2025 | 2 mos ago | Price decreased880,000 (88%) | $120,000 |
| Sep 26, 2025 | 2 mos ago | New on market | $1,000,000 |