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.
For sale
$1,450,000
2701 Olney Sandy Spring Rd, Olney, MD 20832
4beds
5,475sqft
Est.:
Single Family Residence
Built in 1945
1.03 Acres Lot
$1,388,700 Zestimate®
$265/sqft
$-- HOA
What's special
- 122 days |
- 2,305 |
- 21 |
Zillow last checked: 8 hours ago
Listing updated: February 11, 2026 at 05:37pm
Listed by:
Tom Riley 301-351-3897,
TTR Sotheby's International Realty 301-967-3344,
Listing Team: The Burr Group, Co-Listing Team: The Burr Group,Co-Listing Agent: William C.D. Burr 301-346-3345,
TTR Sotheby's International Realty
Source: Bright MLS,MLS#: MDMC2144244
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Basement
- Area: 576
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer, Microwave, Oven/Range - Electric, Water Heater, Cooktop, Oven, Electric Water Heater
- Laundry: Main Level
Features
- Kitchen Island, Kitchen - Table Space, Eat-in Kitchen, Kitchen - Country, Bar, Soaking Tub, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Breakfast Area, Butlers Pantry, Ceiling Fan(s), Chair Railings, Walk-In Closet(s), Crown Molding, Family Room Off Kitchen, Open Floorplan, Formal/Separate Dining Room, Recessed Lighting
- Flooring: Wood, Carpet
- Basement: Heated,Partial
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 6,051
- Total interior livable area: 5,475 sqft
- Finished area above ground: 5,475
- Finished area below ground: 0
Property
Parking
- Total spaces: 14
- Parking features: Garage Faces Front, Asphalt, Parking Lot, Driveway, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Patio, Porch
- Pool features: None
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 1.03 Acres
- Features: Backs to Trees, Wooded
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160800703018
- Zoning: R200
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,Contemporary,Other
- Property subtype: Single Family Residence
Materials
- Frame, Stucco, Brick
- Foundation: Block
- Roof: Asphalt
Condition
- Very Good
- New construction: No
- Year built: 1945
- Major remodel year: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Olney
HOA
- Has HOA: No
Location
- Region: Olney
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $745,900
- Annual tax amount: $10,356
- Date on market: 10/22/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$1,388,700
$1.32M - $1.46M
$5,050/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/25/2026 | Listed for sale | $1,450,000-3.3%$265/sqft |
Source: | ||
| 1/10/2026 | Listing removed | $1,500,000$274/sqft |
Source: | ||
| 1/9/2026 | Listed for sale | $1,500,000$274/sqft |
Source: | ||
| 12/11/2025 | Listing removed | $1,500,000$274/sqft |
Source: | ||
| 10/28/2025 | Listed for sale | $1,500,000$274/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,724 +1.6% | $745,900 |
| 2024 | $8,587 -4.5% | $745,900 -4.4% |
| 2023 | $8,993 +12% | $780,500 +7.2% |
| 2022 | $8,033 +7.9% | $727,933 +7.8% |
| 2021 | $7,446 +8.4% | $675,367 +8.4% |
| 2020 | $6,871 +1.8% | $622,800 |
| 2019 | $6,749 -0.2% | $622,800 +1.8% |
| 2018 | $6,762 -1.8% | $612,067 +0.9% |
| 2017 | $6,885 -5.4% | $606,700 +0.9% |
| 2016 | $7,280 | $601,067 +0.9% |
| 2015 | $7,280 | $595,433 +1% |
| 2014 | $7,280 | $589,800 |
| 2013 | -- | $589,800 |
| 2012 | -- | $589,800 -17.8% |
| 2011 | -- | $717,840 |
| 2010 | -- | $717,840 |
| 2009 | -- | $717,840 -8.6% |
| 2008 | -- | $785,020 +10.8% |
| 2007 | -- | $708,476 +12.1% |
| 2006 | -- | $631,933 +13.8% |
| 2005 | -- | $555,390 +11.1% |
| 2004 | -- | $499,870 |
| 2003 | -- | $499,870 +28.6% |
| 2002 | -- | $388,830 |
| 2001 | -- | $388,830 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,917/mo
Principal & interest
$6854
Property taxes
$1063
Climate risks
Neighborhood: 20832
Nearby schools
GreatSchools rating
- 6/10Brooke Grove Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 6/10William H. Farquhar Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Sherwood High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Brooke Grove
- Middle: William H. Farquhar
- High: Sherwood
- District: Montgomery County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






