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4023 Old Washington RoadWaldorf, MD 20602Price: $1,200,000

  • Price: $1,200,000
  • Est. Mortgage of $/month
  • 47 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,200,000List Price
  • 6Bedrooms
  • 4Bathrooms
  • 4,496Square Feet
***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.
Listed by Elizabeth W Wills of RE/MAX One

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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More Info

Location Information

  • Date Listed05/29/2026
  • ZoningRM
  • UsmAreaWaldorf

Parking

  • Parking FeaturesCircular Driveway, Asphalt Driveway
  • Parking TypesDriveway, Attached Carport, Attached Garage
  • Total Garage And Parking Spaces2

Location

  • Address4023 Old Washington Road
  • Area Total4,816
  • SubdivisionMaryland Gardens Sub
  • TownWaldorf
  • StateMD
  • Zip20602
  • CountyCharles

Exterior

  • RoofAsphalt
  • FoundationConcrete Perimeter
  • Exterior FeaturesExterior Lighting, Secure Storage, Sidewalks

Property Information

  • Lot Size Square Feet179,467
  • Above Grade Finished Area2496
  • Below Grade Area Total2,320
  • Below Grade Unfinished Area320
  • Below Grade Finished Area2000

Other

  • Other Structures ListBarn/Stable
  • View Count1

Basic Information

  • MLS NumberMDCH2054684
  • Ownership InterestFee Simple
  • List Price$1,200,000
  • Square Feet4,496
  • Acreage4.12
  • Year Built1959
  • MLS Property TypeResidential
  • StatusACT

Basic Information

Property

  • New Construction YNN

Interior

  • FlooringCarpet, Vinyl, Ceramic Tile
  • Heating YNYes
  • CoolingCentral A/C
  • Basement YNYes

Utilities

  • Water SourcePublic
  • SewerPublic Sewer
  • Central Air YNYes
  • Cooling FuelElectric
  • Water HeaterElectric
  • Heating FuelOil
  • Heat System90% Forced Air

Amenities

  • PoolNo Pool
  • PricePerSqFt481
  • Other AmenitiesBasement, Fireplace

Tax Information

  • Total Taxes Payment FrequencyAnnually
  • Tax Total Finished Sq Ft4,496
  • Tax Assessment Amount590933
  • Tax Year2025
  • Taxes$6,786
  • County Tax$6,459
  • County Tax Payment FrequencyAnnually
  • Assessment Year2026

Building

  • High School DistrictCharles County Public Schools
  • Broker NameRE/MAX One
  • Building Number4023
  • DirectionsUse GPS directions....***NOTE*** property is located at the far end of Old Washington Ave closest to Billingsley Road
  • Num Attached Garage Spaces1
  • Lower Levels Total Baths1
  • Lower Level1 Total Baths1
  • Lower Level1 Full Baths1
  • Lower Level1 Bedrooms2
  • Lower Levels Total Bedrooms2
  • Lower Levels Total Full Baths1
  • Num Attached Carport Spaces1
  • Main Level Total Baths3
  • Main Level Bedrooms4
  • Main Level Full Baths3
  • Story ListLower 1, Main
  • Structure Design TypeDetached
  • Construction MaterialsBrick
  • Property StyleRaised Ranch/Rambler
  • Bedrooms6
  • BasementFully Finished
  • Full Bath4
  • Bathroom4
  • Laundry TypeBasement
  • Levels2
  • Fireplace YNYes
  • Fireplace2
  • Garage TypeGarage - Side Entry
  • Garage Spaces1
  • GarageYes
  • Patio And Porch FeaturesBreezeway, Porch(es)

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated July 15, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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