Residential Land for Sale in Olney, Maryland

A rare opportunity to create a distinguished custom estate in one of Olney's most desirable locations. This exceptional 2.44 acre residential parcel offers an increasingly uncommon combination of privacy, scale, gently level topography and long-term value in an established luxury setting. Perfectly positioned just off Old Baltimore Road between Ampeg Lane and Winter Morning Drive, the property is immediately adjacent to the prestigious Toll Brothers Olney Estates community, where neighboring luxury residences exceed 8,000 square feet and home values range from approximately $1.5 million to over $1.8 million. The surrounding neighborhood provides an outstanding backdrop for a thoughtfully designed custom home while supporting long-term investment potential. Unlike many vacant parcels, the property's relatively level terrain offers excellent buildability and flexibility for designing a private estate tailored to your vision. Whether envisioning an elegant custom residence with expansive outdoor living spaces, a resort style backyard, pool, gardens or additional recreational amenities, this exceptional homesite provides the space and setting to bring that vision to life. The property is ideally suited for a luxury custom residence and offers a practical development opportunity through private well and septic systems, subject to all applicable approvals and permitting requirements. Buyers are encouraged to conduct their own due diligence regarding development plans, zoning requirements and the approval process. This offering is intended for those seeking to create a single exceptional residence consistent with the surrounding estate character. Residents will enjoy convenient access to shopping, dining, parks, recreation and major commuter routes while benefiting from highly regarded Montgomery County Public Schools. Nearby private school options, including Our Lady of Good Counsel High School, further enhance the area's appeal. Opportunities to acquire a homesite of this size and quality in the heart of Olney have become increasingly rare. Surrounded by established luxury homes and enduring community appeal, this remarkable property presents the opportunity to build not simply a house, but a legacy residence designed to be enjoyed for generations.