2701 Olney Sandy Spring Road
Olney, MD, 20832 $ 1,450,000
Bedrooms4 Baths4.1 Sq 5,475 Monthly Estimate*
$ 8,928
for $1,450,000 with 4 bedrooms and 4 full baths, 1 half bath. This 5,475 square foot home was built in 1945 on a lot size of 1.03.
Discover a rare hybrid residentialprofessional property offering exceptional flexibility and long-term value. Set on a full acre along Route 108one of Olneys primary corridorsthis 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 butlers 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 backyardideal for outdoor entertaining and relaxation. One upstairs bedroomideal as a primary suitefeatures 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.
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FeaturesGeneralLiving Area 5475
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Roof Asphalt
Appliances Dishwasher Dryer Refrigerator Washer Microwave Oven/Range - Electric Water Heater Cooktop Dryer - Electric Oven - Wall
Zoning R200
Garage Spaces 2.00
Patio/Porch Features Patio(s) Porch(es)
Architectural Style Colonial Contemporary Other
Construction Materials Frame Stucco Brick
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 1945
View Trees/Woods
Levels 3
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County MONTGOMERY
New Construction N
Property Type Residential
HOA N
Subdivision Name OLNEY
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 4
Status ACTIVE
Directions Entrance off of Route 108.
City OLNEY
Disclosures Prop Disclosure Lead Based Paint - Federal Lead Based Paint - State
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 44866.00
Tax Annual Amount 10356.0
Property Condition Very Good
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 3
Bathrooms Count Main Level 3.00
Price Per Sq Ft Total AG 264.84
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision OLNEY OUT RES (3)
Association Recreation Fee N
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InteriorInterior Amenities Wood Floors Kitchen - Island Kitchen - Table Space Kitchen - Eat-In Kitchen - Country Bar Bathroom - Soaking Tub Bathroom - Stall Shower Bathroom - Walk-In Shower Breakfast Area Butlers Pantry Carpet
Heating Fuel Electric
Basement Heated Partial
Flooring Wood Carpet
Total Fireplaces 1
Fireplace Features Wood
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 5475
Half Baths 1
Central Air Y/N Y
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Laundry Type Main Floor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 5
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ExteriorPool No Pool
Parking Features Asphalt Driveway
Lot Features Backs to Trees Trees/Wooded
Water Source Public
Garage Features Garage - Front Entry
Type of Parking Parking Lot Driveway Attached Garage
Foundation Details Block
Water View Y/N N
Lot Size Acres 1.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 296000.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByTtr Sotheby's International RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,928
- Monthly Property Taxes
- $863
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Olney, MD
Average List Price $897,342
Percent of Sale Price 38%
About Olney, MD 35,956 Population
9% Since 2002
$ 130,536 Median Income
44.55 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
3537693 Elementary School
3533360 Middle School
Sherwood High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/25/2026 | $1,450,000 | -3.33% | Price Down |
| 9/2/2025 | $1,500,000 | | Listed Price |