Residential Development Site with
For Sale
$1,250,000
7406 Piney Branch Rd, Takoma Park, MD 20912
For sale development site offering a classic bungalow plus approval to add two additional lots.
Property SizeContact for details
Days on Market57
Property Features for 7406 Piney Branch Rd
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$9,266
Listing Agency:
PERENNIAL REAL ESTATE
(301) 450-6999
Listed By:
DANIEL F METCALF · License #BR98377994
Source:
Corcoran
Added: Jun 14
Changed: Aug 8
Last Checked: Jul 15 at 9:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PERENNIAL REAL ESTATE
Investment Insights
Based on property information with market context.
This for-sale property is a residential development site centered on a classic bungalow home that offers an opportunity for restoration, along with space to develop two additional lots. The seller has preliminary concept plan approval, supporting an expansion beyond the existing dwelling. Buyers should also note that the lot area may be larger than what is shown in public records through Bright.
Located at 7406 Piney Branch Rd in Takoma Park, MD 20912, the site is positioned for buyers looking to combine renovation with a multi-lot residential concept. The property presentation includes the preliminary plan approval as part of the development pathway, while the public-record discrepancy regarding lot area is specifically called out for due diligence.
For an owner, this configuration can appeal to those who want to restore a home while creating additional development capacity on the same parcel. For developers and builders, the preliminary concept plan approval provides a documented starting point toward realizing a two-lot addition alongside the existing bungalow. As with any subdivision-type project, confirming lot area and related information through appropriate verifications will be important before finalizing plans.
Located at 7406 Piney Branch Rd in Takoma Park, MD 20912, the site is positioned for buyers looking to combine renovation with a multi-lot residential concept. The property presentation includes the preliminary plan approval as part of the development pathway, while the public-record discrepancy regarding lot area is specifically called out for due diligence.
For an owner, this configuration can appeal to those who want to restore a home while creating additional development capacity on the same parcel. For developers and builders, the preliminary concept plan approval provides a documented starting point toward realizing a two-lot addition alongside the existing bungalow. As with any subdivision-type project, confirming lot area and related information through appropriate verifications will be important before finalizing plans.
Key Highlights
- Development site includes a classic bungalow home and approval to add two additional lots
- Seller has preliminary concept plan approval for the proposed additional lots
- Lot area may be larger than what populates to Bright via public record
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,555
Businesses Nearby
Explore this area
Business Placement
Demographics for 20912, MD
25,463
Population
10,140
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
86%
High-School Grad
2.7 sq mi
ZIP Area
9,431
Density / Sq Mi
$82,097
Median Household Income
$48,447
Median Earnings
$1,452
Median Rent
$671,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - For sale development site offering a classic bungalow plus approval to add two additional lots.
Where is this residential land & home lot located?
The property is located at 7406 Piney Branch Rd Takoma Park, MD.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Development site includes a classic bungalow home and approval to add two additional lots; Seller has preliminary concept plan approval for the proposed additional lots; Lot area may be larger than what populates to Bright via public record
