Old Baltimore Road, Olney, MD 20832Asking Price of: $449,988

A rare and compelling opportunity in the heart of Olney, this premium 2.44 acre parcel offers a fantastic combination of location, scale and flexibility. Perfectly situated off Old Baltimore Road between Ampeg Lane and Winter Morning Drive, the property sits just two homes away from the sought after Toll Brothers built Olney Estates community, where neighboring residences exceed 8,000 square feet and values surpass $1.8 million supporting strong long term upside while remaining accessible for a range of custom home visions. The lot’s gently level topography provides excellent buildability, making it well suited for anything from a thoughtfully designed custom home to a larger estate or future investment. Surrounded by established homes, green space and community landmarks, the setting offers both immediate appeal and enduring value. Families will appreciate access to highly regarded Montgomery County public schools, recognized for both academic strength and competitive athletic programs. Nearby private options further enhance the area’s appeal, including Our Lady of Good Counsel High School, known for its strong college preparatory curriculum and standout athletics. This blend of scholastic and athletic opportunity adds meaningful lifestyle value for a wide range of buyers. Positioned adjacent to Faith Presbyterian Church, the property also presents potential for institutional or faith based use. With ample space to accommodate a sizable congregation and parking (subject to planning and approvals), the lot offers versatility to suit a variety of needs and visions. Whether you’re building your dream home, developing or investing, this property delivers a unique chance to secure land in one of Olney’s most desirable and established locations. A review of aerial and satellite imagery highlights its strategic placement among higher value homes and key community features. Opportunities like this are increasingly limited, don’t miss your chance to bring your vision to life in this sought after setting.