This distinctive 3,036 SF two-story home with basement, originally built in 1875, is situated on a rare 1.76-acre level lot and offers a unique blend of residential charm and commercial functionality. For more than 50 years, the property has successfully operated as an established daycare center. This property can create a rare opportunity for investors, business owners, or buyers seeking a flexible live/work environment. The home is currently configured to support business operations and is equipped with a commercial-grade fire alarm and sprinkler system, making it well-suited for continued approved commercial use, adaptive reuse, or potential residential conversion. Zoned RSF95 with a commercial property classification, the property offers exceptional flexibility for a variety of future possibilities. With nearly two acres of usable level land, there may be potential for subdivision or future development opportunities (buyer to verify with local zoning and planning authorities), adding additional long-term value for investors and developers alike. Whether you establish another approved business use, create a live/work setup, renovate for residential purposes, or explore redevelopment potential, this property presents a rare and versatile opportunity in a highly desirable setting.
Based on the average sale price from the ALEXANDRIA, VA office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
11723 Chilcoate Lane Beltsville, MD is a Single Family Home for sale at $779500 with 2024 sqft and a lot size of 1.76 Acres Acre(s). 11723 Chilcoate Lane Beltsville has 3 bedrooms, 2 baths and was built in 1875. The property's zip code is 20705 which is in Beltsville, MD
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.