GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 990,000
$ 1,000,000 1.0%
Est. payment /mo
Sold on 04/17/2025
16508 MARLBORO PIKE Upper Marlboro, MD 20772
15.74 Acres Lot
UPDATED:
Key Details
Sold Price $990,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDPG2140714
Sold Date 04/17/25
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $112
Tax Year 2024
Lot Size 15.740 Acres
Acres 15.74
Property Sub-Type Land
Property Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, February 27, 2025 & ends Tuesday, March 4, 2025 at 11:00 am. Prime 50+ Acre Development Opportunity in Historic Upper Marlboro, MD. Location: Upper Marlboro, MD 20772 (Prince George's County). Discover an exceptional investment opportunity with this expansive 50+ acre parcel in the heart of historic Upper Marlboro, Maryland. Adjacent to the prestigious Compton Bassett Estate, this prime land offers a unique blend of rural tranquility and convenient access to Washington, D.C. Its flat, usable terrain and strategic location make it ideal for a variety of development possibilities. Property Highlights • Expansive Acreage: 50+ acres of level, usable land, providing a blank canvas for your vision. • Historic Significance: Neighboring the iconic Compton Bassett Estate, adding prestige and character. • Convenient Location: Close proximity to Upper Marlboro's town center, shopping, schools, public transportation, Route 4, and the Capital Beltway (I-495), offering easy access to Washington, D.C. and surrounding areas. • Zoning: Currently zoned for rural and agricultural uses, allowing for residential and farming possibilities. Development Potential: This versatile property presents a multitude of exciting development options: • Residential Development: Create a prestigious residential community, build luxurious estate homes, or design a charming neighborhood, capitalizing on the desirable location and ample space. • Equestrian Estate/Farm: Embrace the rural charm and establish a private equestrian estate with stables, riding arenas, and pastures. Alternatively, cultivate a thriving farm or vineyard, taking advantage of the fertile land and convenient access to markets. • Event Venue/Retreat Center: Leverage the serene surroundings and proximity to the historic Compton Bassett Estate to create an exceptional event venue, wedding destination, or tranquil retreat center. • Preservation/Public Space: Consider preserving this historically significant land or creating a public park, ensuring its enjoyment for future generations while honoring the area's heritage. The property comprises 2 Tax ID Accounts: Tax ID# 0235325 - Land Area of 11.9573 acreas as determined by a boundary survey. Tax ID# 0235283 - Land Area of 38.9759 acreas as determined by a boundary survey. From the Prince George's County Planning Department: Zoning: Agricultural and Preservation (AG) Zone. The purposes of the Agriculture and Preservation (AG) Zone are: • To provide for low density and development intensity as indicated on the General Plan or applicable Area Master Plan or Sector Plan. To provide for areas that are to be devoted to uses that preserve the County's ecological balance and heritage, while providing for the appropriate use and enjoyment of natural resources. The use of the AG Zone is intended to promote the economic use and conservation of agriculture, natural resources, residential estates, nonintensive recreational uses, and similar uses.
Location
State MD
County Prince Georges
Zoning AG
Exterior
Water Access N
Garage N
Building
Sewer Other
Water Well Required
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17030235283
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
Listed by Paul R Cooper • Alex Cooper Auctioneers, Inc.
Bought with Vincent J Payne • Realty Navigator
Bought with Vincent J Payne • Realty Navigator
GET MORE INFORMATION