11723 Chilcoate Ln, Beltsville, MD 20705

$779,500
: 3
BD
: 3
BA
: 2,024
SqFt

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List Price: $779,500
Days on Market: 94
Status: ACTIVE
MLS#: MDPG2200828
Bedrooms: 3
Bathrooms: 3
Full Baths: 2
Half Baths: 1
Living Area: 2,024
Lot Size (Acres): 1.76
Style: Colonial
Year Built: 1875
County: Prince Georges
School District: Prince George's County Public Schools

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Property Description

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.

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