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Updated Two-Bedroom Residential Income Property
For Sale
$364,999

18054 ROLLING MEADOW WAY #259, Olney, MD 20832

OLNEY, MD

Property SizeContact for details
Days on Market40

Property Features for 18054 ROLLING MEADOW WAY #259

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2
Subdivision HOMELAND VILLAGE
Elementary school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status Active

Amenities

swimming pool
tennis courts
pickleball courts
tot lots
green spaces
walking paths
biking paths
private balcony
exterior storage closet

Building Details

Year built 1987
Listing Agency: North Potomac/Rockville
Listed By: Diane Faulkner
Added: Aug 7 Changed: Sep 11 Last Checked: Sep 15 at 12:06AM
MLS# MDMC2250110

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-bedroom condominium offers a private entrance, an open interior layout, vaulted ceilings, and luxury vinyl plank flooring. The living room includes a wood-burning fireplace with a marble surround, while the dining area provides room for a full-size table. The renovated kitchen features white soft-close cabinetry, stainless steel LG appliances, granite countertops, tile backsplash, pantry storage, a built-in glass rinser, and full-size laundry appliances. The primary bedroom has a walk-in closet and updated en-suite bath, with a second bedroom and another remodeled full bath supporting flexible living arrangements.

A private balcony and exterior storage closet extend the usable space. Improvements include HVAC installed in 2026, windows replaced in 2025, fireplace service in 2026, updated lighting, and multiple ceiling fans. Homeland Village amenities include a swimming pool, tennis and pickleball courts, tot lots, green spaces, and walking and biking paths. The property is near the ICC, downtown Olney, restaurants, shopping, parks, and everyday services.

Key Highlights

  • Two‑bedroom condominium with private entrance and vaulted ceilings
  • Renovated kitchen with LG stainless steel appliances, granite counters, pantry, and full‑size laundry
  • Primary suite includes a walk‑in closet and updated en‑suite bath

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,206
Businesses Nearby

Demographics for 20832, MD

25,969
Population
8,581
Households
3
Avg Household Size
43
Median Age
64%
College-Educated
96%
High-School Grad
9.6 sq mi
ZIP Area
2,705
Density / Sq Mi
$166,892
Median Household Income
$72,309
Median Earnings
$2,429
Median Rent
$601,300
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom condo with private entry, renovated kitchen, balcony, and community recreation amenities.
Where is this residential income property located?
The property is located at 18054 ROLLING MEADOW WAY #259 Olney, MD.
What is the asking price?
The asking price for this property is $364,999.
What are key features of this property?
This property features: Two‑bedroom condominium with private entrance and vaulted ceilings; Renovated kitchen with LG stainless steel appliances, granite counters, pantry, and full‑size laundry; Primary suite includes a walk‑in closet and updated en‑suite bath
More about this property
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