$1,200,000
 $6,442 est/mo Sourced by Back At You

4023 Old Washington Rd,WALDORF, MD 20602

WALDORF, MD 20602

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Description

***Owner financing may be available with acceptable terms. Rarely does an opportunity like this become available in one of Waldorf's fastest-growing corridors.***Zoned RM (Residential Medium Density) This home is situated on approximately 4+ acres in the heart of Waldorf's rapidly growing corridor, this all-brick rambler offers a rare combination of comfortable living today and exceptional future potential. The home has been lovingly cared for over the years and features solid construction, spacious living areas, and timeless character throughout. While the interior reflects a more traditional style and could benefit from updating, the property presents an outstanding opportunity for homeowners, investors, or builders alike. The values is believed to be in the development potential.Positioned just off the Route 301 corridor and surrounded by ongoing residential and commercial growth, the setting offers convenience, visibility, and long-term upside. The expansive lot provides room to spread out while still being close to shopping, dining, commuter routes, and everyday amenities.Whether you are looking for a well-built home with acreage, an investment opportunity, or a property with future development potential, this unique offering deserves a closer look.The primary value is believed to be in the land and future development possibilities. Potential uses may include a town home community, single-family subdivision, cluster-style residential development, or possible assemblage opportunities with neighboring parcels. Conceptual yield estimates may support approximately 24-36 town homes or 6-10 single-family lots, subject to county approvals and engineering. Buyer to verify zoning, land use, subdivision potential, utility availability, and all property information with Charles County.

Details

MLS #MDCH2054684
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive-bright
Year1959
Days On Site100
Listing Provided ByRE/MAX One | Elizabeth W Wills

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet4,496
Garage1
BasementY
Story(s)2
ZoningRM
Acreage4.12

Interior

CoolingCentral A/C
Heating Yes / NoYes
Heating90% Forced Air

Exterior

Exterior FeaturesExterior Lighting, Secure Storage, Sidewalks
RoofAsphalt
Construction MaterialsBrick
Foundation DetailsConcrete Perimeter

Parking

Garage Yes / NoYes
Parking FeaturesCircular Driveway, Asphalt Driveway

Taxes

Tax Annual Amount6786

Area Information

StateMD
CountyCHARLES MD
CityWALDORF
Zip Code20602
AreaCHARLES MD
Community NameMARYLAND GARDENS SUB
School DistrictCHARLES COUNTY PUBLIC SCHOOLS
Listing VS Median (in MARYLAND GARDENS SUB)
Price:
$1,200,000
low | high
Med:
$794,950
83.754166666667% of Average
sqft:
4,496
low | high
Med:
2,920
85.053380782918% of Average
$ / sqft:
$267
low | high
Med:
$279
45.653819444444% of Average
On site:
100
low | high
Med:
58
100% of Average
Sourced by Back At You

Market Activity 20602

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Learn More About This Property

StateMD
CountyCHARLES MD
CityWALDORF
Zip Code20602
AreaCHARLES MD
Community NameMARYLAND GARDENS SUB
School DistrictCHARLES COUNTY PUBLIC SCHOOLS
Listing VS Median (in MARYLAND GARDENS SUB)
Price:
$1,200,000
low | high
Med:
$794,950
83.754166666667% of Average
sqft:
4,496
low | high
Med:
2,920
85.053380782918% of Average
$ / sqft:
$267
low | high
Med:
$279
45.653819444444% of Average
On site:
100
low | high
Med:
58
100% of Average
Sourced by Back At You
Listing Updated: September 3, 2026 at 5:58:17 PM PDT