This distinctive 3,036 SF two-story home with basement, originally built in 1875, is situated on a rare 1.76-acre level lot and offers a unique blend of residential charm and commercial functionality. For more than 50 years, the property has successfully operated as an established daycare center. This property can create a rare opportunity for investors, business owners, or buyers seeking a flexible live/work environment. The home is currently configured to support business operations and is equipped with a commercial-grade fire alarm and sprinkler system, making it well-suited for continued approved commercial use, adaptive reuse, or potential residential conversion. Zoned RSF95 with a commercial property classification, the property offers exceptional flexibility for a variety of future possibilities. With nearly two acres of usable level land, there may be potential for subdivision or future development opportunities (buyer to verify with local zoning and planning authorities), adding additional long-term value for investors and developers alike. Whether you establish another approved business use, create a live/work setup, renovate for residential purposes, or explore redevelopment potential, this property presents a rare and versatile opportunity in a highly desirable setting.
Listed By
Agency Name: Long & Foster Real Estate, Inc.
Agency Phone: 4107303456
Shown By
Agent Name: Jody Bailey
Agent Phone: (302) 894-7994
Agency Title: Maverick Realty, LLC
Estimated Payment
$ 2,567.60 per month $1,734.83 Principal & Interest $605.42 Property Tax $227.35 Homeowner's Insurance
11723 Chilcoate Lane | MLS# MDPG2200828
This single family home located at 11723 Chilcoate Lane, Beltsville, MD 20705 is currently listed for sale with an asking price of $779,500. This property was built in 1875 and has 3 bedrooms and 2 full and 1 partial baths with 2024 sq. ft. Chilcoate Lane is located in the BELTSVILLE subdivision within the PRINCE GEORGES COUNTY PUBLIC SCHOOLS school district. Search BELTSVILLE real estate on jbailey.maverickrealtyusa.com today.