8620 FALLS ROAD

POTOMAC, MD 20854

An exceptional opportunity for a builder, investor or new homeowner to take advantage of a property where much of the heavy lifting has already been completed to put a new build on this lot. The preliminary work that typically slows a project has been thoughtfully addressed, allowing the next owner to move quickly into starting to build a new home. Architectural plans are complete and supported by a professionally-developed interior design board, tailored to today’s Potomac luxury buyer. A Montgomery County Plat Exemption has been awarded, and key infrastructure milestones are in place, including utility disconnections, completed well and septic abandonment, installation of a temporary electric pole, approved WSSC water and sewer category changes, and $30,000 in paid WSSC connection fees. An approved Grading Plan has been secured, and all property boundaries and Limits of Disturbance have been professionally staked. The existing home offers meaningful flexibility. Expand and reposition the current structure for a high-end resale, or pursue a tear-down and construct a custom residence designed to command a premium price in the Potomac market. Situated along Falls Road, the location offers very convenient access to the natural beauty of the Great Falls Overlook with the park entrance only a couple of minutes away. This location also offers easy access to Olmstead Island, the Billy Goat Trail, highly regarded Winston Churchill High School, and the amenities of Potomac Village, with proximity to major commuter routes. For a builder or future new homeowner who understands the value of time, preparation, and location, this property presents a great opportunity.

Listing courtesy of Samson Properties



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.