Skip main navigation
For sale
  • $1,450,000

    2701 Olney Sandy Spring Rd, Olney, MD 20832

    4beds
    5,475sqft
    : 
    Single Family Residence
    Built in 1945
    1.03 Acres Lot
    $1,388,700 Zestimate®
    $265/sqft
    $-- HOA

    What's special

    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.
    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#: MDMC2144244MLS Logo

    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
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $1,388,700

    $1.32M - $1.46M

    $5,050/mo

    Price history

    Price history
    DateEventPrice
    1/25/2026Listed for sale$1,450,000-3.3%$265/sqft
    Source: Bright MLS #MDMC2144244 Report a problem
    1/10/2026Listing removed$1,500,000$274/sqft
    Source: Bright MLS #MDMC2144244 Report a problem
    1/9/2026Listed for sale$1,500,000$274/sqft
    Source: Bright MLS #MDMC2144244 Report a problem
    12/11/2025Listing removed$1,500,000$274/sqft
    Source: Bright MLS #MDMC2144244 Report a problem
    10/28/2025Listed for sale$1,500,000$274/sqft
    Source: Bright MLS #MDMC2144244 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
      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.

      Local experts in 20832

      Similar homes

      Skip to the end of the carouselSkip to the beginning of the carousel
      • Loading
      • Loading