***Owner financing may be available with acceptable terms. Rarely does an opportunity like this become available in one of Waldorf's fastest-growing corridors.***Zoned RM (Residential Medium Density) This home is situated on approximately 4+ acres in the heart of Waldorfs rapidly growing corridor, this all-brick rambler offers a rare combination of comfortable living today and exceptional future potential. The home has been lovingly cared for over the years and features solid construction, spacious living areas, and timeless character throughout. While the interior reflects a more traditional style and could benefit from updating, the property presents an outstanding opportunity for homeowners, investors, or builders alike. The values is believed to be in the development potential. Positioned just off the Route 301 corridor and surrounded by ongoing residential and commercial growth, the setting offers convenience, visibility, and long-term upside. The expansive lot provides room to spread out while still being close to shopping, dining, commuter routes, and everyday amenities. Whether you are looking for a well-built home with acreage, an investment opportunity, or a property with future development potential, this unique offering deserves a closer look. The primary value is believed to be in the land and future development possibilities. Potential uses may include a town home community, single-family subdivision, cluster-style residential development, or possible assemblage opportunities with neighboring parcels. Conceptual yield estimates may support approximately 2436 town homes or 610 single-family lots, subject to county approvals and engineering. Buyer to verify zoning, land use, subdivision potential, utility availability, and all property information with Charles County.
Based on the average sale price from the Owings Mills, MD office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
4023 Old Washington Road Waldorf, MD is a Single Family Home for sale at $1200000 with 4496 sqft and a lot size of 4.12 Acres Acre(s). 4023 Old Washington Road Waldorf has 6 bedrooms, 4 baths and was built in 1959. The property's zip code is 20602 which is in Waldorf, MD
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.