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Olney, MD, 20832 • 20832 • Montgomery County
$265/sqft
Down payment assistance available
4Beds
5Baths
5,475Sqft
1 acLot
1945Built
Trees/Woods Views
Trees/Woods
Colonial,Contemporary,Other Style
Built 1945 · 81 years of history
Olney
20832
Outdoor Living
Patio · Porch
1 Fireplace
Wood Burning
Special Features
Above Grade · Below Grade
2-Car Garage
Garage Faces Front · Asphalt · Parking Lot · Driveway · Attached
Premium Finishes
Bathroom - Walk-In Shower · Walk-In Closet(s) · Crown Molding
This home is getting attention
Listed 169 days ago · 1,264 views · 10 saves
Demand and pricing signals for this listing
1,264 views
People checking out this listing
10 saves
Buyers have saved this home
169 days on market
Established listing
$265/sqft
Price per square foot
This home ranks in the top 46% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family · Built 1945
Discover a rare hybrid residential–professional property offering exceptional flexibility and long-term value. Set on a full acre along Route 108—one of Olney’s primary corridors—this unique property combines comfortable living space with a purpose-built professional office, providing visibility, functionality, and versatility seldom found in a residential setting. This property allows an owner-occupant to operate a professional business on-site, while residing in the home, with the ability to pay oneself rent rather than paying rent to a third party. The property includes approximately 3,526 square feet of finished residential living space, plus an attached professional office suite of approximately 1,710 square feet, originally constructed by the owner and successfully used for medical and healthcare practices for decades. A 1993 expansion thoughtfully integrated both components, creating a cohesive and well-designed layout. The property currently holds a transferable Use Permit for a Home Healthcare Practitioner. However, under Montgomery County Zoning Ordinance Chapter 59, a clinic with up to four medical or dental practitioners may be permitted for conditional use upon approval by the Hearing Examiner. The professional office suite space is presently configured for a Chiropractic practice and features ample parking, a large reception area, administrative office space, five private patient rooms, and a secondary administrative area, offering adaptability for a variety of medical, wellness, or other professional uses. And although zoned residential, the property allows a wide range of uses by right. A mother-in-law suit could also be configured in this space as it is on the ground level. The residential portion of the home is beautifully maintained and offers four spacious bedrooms, each with its own en suite bathroom, along with a living room that includes a fireplace, an exceptionally large formal dining room, a butler’s pantry/bar area, and a spacious kitchen open to a breakfast area and family room. Recessed lighting enhances the living spaces, while sliding glass doors lead to a private, fenced rear patio and a generous backyard—ideal for outdoor entertaining and relaxation. One upstairs bedroom—ideal as a primary suite—features a cathedral ceiling, while the primary suite on the main level includes a separate private office with serene views of the surrounding woods. A two-car garage with interior access adds everyday convenience. This property is ideal for operating a professional practice on-site, living and working in one location, or leasing the residential and office components separately and presents a compelling opportunity to build equity in owned real estate. Although this property sits on a quiet wooded lot in central Olney, within just a couple of minutes is Montgomery Medstar Hospital, the Olney Theater, Good Council High School and a variety of Strip malls and Shopping centers, Restaurants and Cafes (ranging from casual to sit-down favorites), as well as other Services and Offices, all offering much sought after unique amenities.
Based on current rates
Est. 6.09% rate · 30yr fixed · $1,160,000 loan
Full calculator →Key facts and listing details
15 categories of property features
1 room detailed
Basement
Market data and value estimates
3 schools rated nearby
Olney, MD, 20832
5 events
25 years of records
Local context around this listing
Olney, MD • Montgomery County
Nearby cities
Nearby zip codes
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