Olney Real Estate | Olney Properties between $400,000 and $500,000 for Sale

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.

17403 Old Baltimore Rd, Olney

Listing courtesy of Long & Foster Real Estate, Inc.. Contact:

$489,900

3 Beds ⋅ 3 Baths ⋅ ACTIVE Status

Open Sunday from 1 pm to 3 pm, sharp :) Fully renovated and beautiful. Everything you can think off, its already done. Just move in and live.

3115 Benton Square Dr, Olney

Listing courtesy of Weichert, REALTORS. Contact: afitzgerald@weichertrealtors.net

$470,000

4 Beds ⋅ 4 Baths ⋅ ACTIVE Status

Motivated Seller!!!Welcome home to this hidden gem, three-level townhome nestled in the heart of Olney. Offering the perfect blend of comfort and convenience, this spacious residence features wood flooring on the main and upper levels with tile in the basement. The inviting living room flows into the kitchen, complete with a large pantry providing abundant storage space. The adjacent dining area opens through sliding glass doors to a private deck overlooking a peaceful tree-lined setting—perfect for morning coffee, outdoor dining, or entertaining guests. The upper-level features three generously sized bedrooms and two full bathrooms, including a spacious owner's suite with a private bath and ample closet space. The fully finished lower level provides a large family room, an additional bedroom, and extra space ideal for a fifth bedroom, home office, guest suite, or private in-law accommodations. The basement has a full bathroom, dedicated laundry area with washer and dryer, and a utility sink adds to the home functionality. Step outside to a private patio, creating another inviting space for relaxation and gatherings. Recent updates include a new roof (2023), new water heater (2026), and updated lighting in the living room and lower level (2025). Home is being sold As-Is. Ideally situated near major commuter routes, top-rated schools, scenic walking trails, playgrounds, shopping centers, grocery stores, and an abundance of dining options. Residents enjoy easy access to local favorites including the Olney Theatre Center, Olney Manor Recreational Park, the public library, and Lone Oak Farm Brewing Company. Combining space and an exceptional location, this Olney gem presents an outstanding opportunity to enjoy one of Montgomery County's most sought-after communities. Schedule your private tour today and discover all this home has to offer.

4524 Cannes Ln, Olney

Listing courtesy of Bennett Realty Solutions. Contact: 3016464047

$428,000

3 Beds ⋅ 3 Baths ⋅ ACTIVE Status

Welcome to this spacious 3 bed, 2 full bath and 2 half bath townhome offering 1,900 sq ft in Olney. Enjoy wood flooring throughout and beautifully updated bathrooms. The kitchen features granite countertops with a functional layout. Major systems include a roof approximately 10 years old and an HVAC system in great working condition. A comfortable and well-kept home with great potential. Property sold AS-IS

17720 King William Ct Unit #127, Olney

Listing courtesy of Sell Your Home Services. Contact: 8882193009

$449,988

ACTIVE Status

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.

17403 Old Baltimore Rd, Olney

Listing courtesy of Long & Foster Real Estate, Inc.. Contact:

Olney Properties between $400,000 and $500,000 for Sale

Newest Olney Properties between $400,000 and $500,000 for Sale