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About this home
Stop paying rent to a landlord! Pay yourself rent. Perfect home for the self employed. You can't beat the commute. Home and work, all in one! Discover a rare hybrid residential–professional property offering exceptional flexibility and long-term value. Set on a full acre along Route 108—one of Olney’s primary corridors—this unique property combines comfortable living space with a purpose-built professional office, providing visibility, functionality, and versatility seldom found in a residential setting. This property allows an owner-occupant to operate a professional business on-site, while residing in the home, with the ability to pay oneself rent rather than paying rent to a third party. The property includes approximately 3,526 square feet of finished residential living space, plus an attached professional office suite of approximately 1,710 square feet, originally constructed by the owner and successfully used for medical and healthcare practices for decades. A 1993 expansion thoughtfully integrated both components, creating a cohesive and well-designed layout. The property currently holds a transferable Use Permit for a Home Healthcare Practitioner. However, under Montgomery County Zoning Ordinance Chapter 59, a clinic with up to four medical or dental practitioners may be permitted for conditional use upon approval by the Hearing Examiner. The professional office suite space is presently configured for a Chiropractic practice and features ample parking, a large reception area, administrative office space, five private patient rooms, and a secondary administrative area, offering adaptability for a variety of medical, wellness, or other professional uses. And although zoned residential, the property allows a wide range of uses by right. A mother-in-law suit could also be configured in this space as it is on the ground level. The residential portion of the home is beautifully maintained and offers four spacious bedrooms, each with its own en suite bathroom, along with a living room that includes a fireplace, an exceptionally large formal dining room, a butler’s pantry/bar area, and a spacious kitchen open to a breakfast area and family room. Recessed lighting enhances the living spaces, while sliding glass doors lead to a private, fenced rear patio and a generous backyard—ideal for outdoor entertaining and relaxation. One upstairs bedroom—ideal as a primary suite—features a cathedral ceiling, while the primary suite on the main level includes a separate private office with serene views of the surrounding woods. A two-car garage with interior access adds everyday convenience. This property is ideal for operating a professional practice on-site, living and working in one location, or leasing the residential and office components separately and presents a compelling opportunity to build equity in owned real estate. Although this property sits on a quiet wooded lot in central Olney, within just a couple of minutes is Montgomery Medstar Hospital, the Olney Theater, Good Council High School and a variety of Strip malls and Shopping centers, Restaurants and Cafes (ranging from casual to sit-down favorites), as well as other Services and Offices, all offering much sought after unique amenities.
Single-familyProperty Type
1945Year Built
1.03 acresLot Size
$254Price/Sq.Ft.
2 car garageParking
Listed by Tom Riley• TTR Sotheby's International Realty
•301-967-3344 (broker)
•chevychase@ttrsir.com (broker)
Listed by Corey Burr• TTR Sotheby's International Realty
Sale and tax history for 2701 Olney Sandy Spring Rd
Sale History
Tax History
Date
Event
Price
BRIGHT MLS #MDMC2254512
Sep 8, 2026
Listed
$1,390,000
$254/sq ft
Sep 7, 2026
Coming Soon
$1,390,000
$254/sq ft
BRIGHT MLS #MDMC2144244
Jun 27, 2026
Listing Removed
—
May 1, 2026
Price Changed
$1,390,000
$254/sq ft
Jan 25, 2026
Relisted
—
Jan 23, 2026
Price Changed
$1,450,000
$265/sq ft
Jan 10, 2026
Listing Removed
—
Jan 9, 2026
Relisted
—
Dec 11, 2025
Listing Removed
—
Oct 28, 2025
Relisted
—
Oct 22, 2025
Listing Removed
—
Oct 22, 2025
Listed
$1,500,000
$274/sq ft
Sep 2, 2025
Coming Soon
*
Public Records
May 20, 1991
Sold
$158,750
$29/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,724 (+1.3%)
$296,000 + $449,900
$745,900
2024
$8,615 (−16.8%)
$296,000 + $449,900
$745,900
2023
$10,356 (+29.7%)
$296,000 + $449,900
$745,900
2022
$7,987 (+8.8%)
$296,000 + $484,500
$780,500
2021
$7,339 (+9.1%)
2020
$6,724 (+1.2%)
2019
$6,642 (+0.8%)
$296,000 + $326,800
$622,800
2018
$6,587 (−1.0%)
2017
$6,651 (+4.0%)
$296,000 + $310,700
$606,700
2015
$6,392 (−1.2%)
$296,000 + $293,800
$589,800
2014
$6,469 (+4.5%)
2013
$6,191 (−15.0%)
2012
$7,280 (+4.9%)
2011
$6,939
2010
$6,939 (+23.9%)
2009
$5,600
Public record
Public record
Zoning
Permits
Beds
—
Baths
3.5
Stories
2
Lot width
—
Lot depth
—
Lot size
1.03 Acres
Year renovated
—
Finished Sq. Ft.
5,475
Unfinished Sq. Ft.
—
Total Sq. Ft.
5,475
Year built
1945
Style
Single Family Residential
County
Montgomery County
APN
08 00703018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
R-200
Residential - 200 Zone
The intent of the R-200 zone is to provide designated areas of the County for residential uses with a minimum lot size of 20,000 square feet. The predominant use is residential in a detached house.
Permitted uses
Include but are not limited to:
Agriculture-Other
Assembly/ meeting place
Housing-Single unit
Housing-Senior
Infrastructure-Other
Public service
Kennel
Transportation-Other
Park & open space
Oct 4, 2000 • Final
Building residential
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
You will love living in Olney, MD; a wonderful place with a small town feel!. The heart of Olney is where Georgia Ave and Route 108 meet. Parks, entertainment, supermarkets and wonderful dining options are plentiful in this AMAZING community. Your...