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Barnesville Farm c.1850

17700 Barnesville Rd, Barnesville, MD 20838, USA
CONTRACT
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Description

Gorgeous location in Montgomery County outside of Barnesville and near to MC amenities & schools. The c.1850 farm house can be restored or removed. This is may be a great opportunity for an estate home developer, a winery/vineyard, horses, farm and more. Mix of woods & fields. TDR’s & BLT’s are intact.

The property was appraised at $1,550,000 in 2017.
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The following takes into account the demolition and disposal costs of the existing dwelling, the excess TDRs
and both the AR and R-A zoned land, in and outside the Town of Barnesville.
87.4 acres (acreage not in Town of Barneville) x $8,000 acres: + $699,200
Cost of demolition of the house: – $50,000
14 TDR’s x $30,000: + $520,000 (there are 17 TDR’s, however, 3 are retained to allow for 3 building lots)
18.26 acres in the Town of Barnesville = +391,195 (suitable for 3 building lots)
Total: $1,560,395
INDICATED MARKET VALUE BY THE SALES COMPARISON APPROACH ROUNDED TO $1,550,000
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  • Address: 17700 Barnesville Rd, Barnesville, MD 20838, USA
  • City: Barnesville
  • State/county: Maryland
  • Zip/Postal Code: 20838
  • Country: United States

Detail

Updated on November 14, 2021 at 2:52 pm

  • Property ID: 3001
  • Price: CONTRACT
  • Property Size: 3546 sqft
  • Land Area: 105.66 Acres
  • Bedrooms: 6
  • Bathrooms: 2
  • Year Built: 1850
  • Property Type: Farms
  • Property Status: Contract

Video

Contact info

Gary Gestson
Gary Gestson
301-975-9500 ext. 4604301-646-0046
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