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17801-17805 October Ct
Derwood, MD 20855
Land For Sale
·
3.04 AC
Investment Highlights
- Legacy Estate Offering on 3.04 Acres
- First Time Offered by Original Ownership
- Significant Long-Term Value Through Potential Repositioning, Adaptive Reuse, or Future Development Opportunities (subject to approvals)
- 12,600+ SF Residence with Guest Accommodations
- Located in Affluent Montgomery County, Maryland
- Opportunity to preserve portions of the existing structure while delivering an entirely modern product
Executive Summary
The land at 17801 and 17805 October Court is improved with more than 12,600 square feet of existing structures, including a primary residence, accessory dwelling unit, extensive parking areas, gated entry, and multiple garage bays. The site benefits from mature landscaping, elevated views, and direct adjacency to protected parkland and stream corridor areas, creating a uniquely private setting rarely available within close proximity to Washington, D.C., Rockville, and the region's major employment centers.
Beyond its immediate residential appeal, the property's physical characteristics present a variety of potential future opportunities. Existing improvements include clear-span construction elements, large open gathering spaces, commercial-grade electrical capacity, and a site configuration that may support future adaptive reuse strategies. Prospective purchasers may evaluate the property for continued estate use, multi-generational living, wellness-oriented uses, residential care concepts, educational facilities, institutional uses, or other applications, subject to purchaser due diligence and applicable governmental approvals.
The surrounding area continues to benefit from significant public infrastructure investment, including nearby water, sewer, and pedestrian mobility improvements. These projects, combined with the property's substantial acreage, strategic location, and existing improvements, create a compelling opportunity for investors, owner-users, family offices, institutional operators, and luxury residential buyers seeking a truly irreplaceable asset.
PROVENANCE: The property is truly rare and is situated directly in front of Rock Creek Park, backing with 800 linear feet directly abutted to federal land and Rock Creek which extends into Washington, D.C. It features 3.04 Acres of extensive privacy with elevated views of the creek and highly protected forested land.
The subject property at 17801 October Court represents a premier RE-2 (Residential Estate, 2-Acre Minimum) asset within a highly sought-after Montgomery County corridor. The property consists of a primary residence exceeding 10,600 square feet, an independent Accessory Dwelling Unit (ADU), large parking area, circular driveway with attractive double-gated entrance, and an 8-car garage capacity.
• Zoning Optimization: The RE-2 designation provides a superior by-right, highest and best use, and conditional use profile for a Residential Care Facility
• Acreage Compliance: The 3.04-acre site area inherently satisfies the density and green-space requirements (70%) mandated by Montgomery County for a resident facility, minimizing the regulatory friction typically associated with 1-acre (RE-1) parcels
The structure is engineered with Clear-Span Trusses, eliminating load-bearing interior partitions and allowing for an efficient, custom reconfiguration of the resident floor plan.
• High-Performance Envelope: Double 2'x4' exterior wall construction provides exceptional thermal efficiency and acoustic isolation - critical for a high-luxury memory care environment
• The Wellness Space: A dedicated 24'x56' open-span wing featuring 12-foot ceilings. This space is currently fully mirrored and equipped with professional-grade flooring and audio integration
• Foundation: Commercial design and build
• Electric: Commercial 400-amp, 240-volt service
• Strategic Utility: Turnkey physical therapy or common social center, representing significant cost savings for a prospective operator
The property has maintained a consistent 30-year operational history as a high-occupancy professional dance studio (25+ daily attendees). This history establishes a "Proof of Concept" for the neighborhood's capacity to absorb the impact traffic associated with any premier care model.
• Connectivity: Immediate access to the Intercounty Connector (ICC/MD-200) and the Washington DC Metro system provides essential logistics for high caliber staffing and family visitation
While the property is currently improved as an exceptional residential estate, the existing structure offers a rare opportunity for complete adaptive reuse. Preliminary architectural studies demonstrate that the building can be stripped to its primary structural elements, creating open floor plates for a completely customized mixed-use or commercial redevelopment, subject to applicable zoning and permitting.
Rather than beginning with a ground-up project, a future owner may capitalize on the existing structural envelope while designing an entirely new interior layout tailored to their intended use.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.04 AC |
| Property Type | Land | ||
| Zoning | RE-2 | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.04 AC |
| Zoning | RE-2 |
1 Lot Available
Lot
| Lot Size | 3.04 AC |
| Lot Size | 3.04 AC |
The land at 17801 and 17805 October Court is improved with more than 12,600 square feet of existing structures, including a primary residence, accessory dwelling unit, extensive parking areas, gated entry, and multiple garage bays.
Description
The land at 17801 and 17805 October Court is improved with more than 12,600 square feet of existing structures, including a primary residence, accessory dwelling unit, extensive parking areas, gated entry, and multiple garage bays. The site benefits from mature landscaping, elevated views, and direct adjacency to protected parkland and stream corridor areas, creating a uniquely private setting rarely available within close proximity to Washington, D.C., Rockville, and the region's major employment centers. Beyond its immediate residential appeal, the property's physical characteristics present a variety of potential future opportunities. Existing improvements include clear-span construction elements, large open gathering spaces, commercial-grade electrical capacity, and a site configuration that may support future adaptive reuse strategies. Prospective purchasers may evaluate the property for continued estate use, multi-generational living, wellness-oriented uses, residential care concepts, educational facilities, institutional uses, or other applications, subject to purchaser due diligence and applicable governmental approvals. The surrounding area continues to benefit from significant public infrastructure investment, including nearby water, sewer, and pedestrian mobility improvements. These projects, combined with the property's substantial acreage, strategic location, and existing improvements, create a compelling opportunity for investors, owner-users, family offices, institutional operators, and luxury residential buyers seeking a truly irreplaceable asset.
Property Taxes
| Parcel Numbers | Improvements Assessment | $473,700 | |
| Land Assessment | $365,400 | Total Assessment | $839,100 |
Property Taxes
