3BED/2BATH home well maintained, 1st Floor: enclosed side porch with deck, traditional and spacious living room, dining room, kitchen and 2 full bathrooms. 2nd Floor: 3 bedrooms. Great opportunity to live in it while you build new in the large rear yard. ZONED R-200, permits by right: PUBLIC USE BUILDINGS, FAMILY DAY CARE, RESIDENTIAL CARE, CULTURAL INSTITUTIONS, CHURCH, AMATEUR RADIO FACILITY up to 65. Conditional Permitted Uses: Independent Living for seniors, Residential Care up to 9-16 & 16+, Home Health Practitioner, Home Occupation. Major Impact, Day Care Center 13-30 & 30+, Hospital, Private Education Institution. Great redevelopment potential (with lot assemblage). Located in the heart of Sandy Spring, a developing semi-rural community, directly across Smoketown BBQ and in close proximity to Medstar Montgomery General Hospital, 5 minutes from the fabulous Olney Theatre Center, it has prominent visibility and exposure to intersection traffic of Olney Sandy Spring Rd and Brook Rd/Meeting House Rd. Walk to Sandy Spring Museum.
Single-familyProperty Type
1870Year Built
0.33 acresLot Size
$412Est. Price/Sq.Ft.
2 car garageParking
Listed by Ingrid Mendez• Coldwell Banker Realty
•703-518-8300 (broker)
•jennifer.molden@cbmove.com (broker)
Bought with Maribel Adad• Spring Hill Real Estate, LLC.
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Sell
$174,658
Est. take-home
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Refinance
$0
Est. cash available
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Rent
$2,563/mo
Redfin rental estimate
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Market trends in 20860, MD
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
99.0%
+0.0% MoM
Median sale price
$676K
$164K MoM
Avg. days on market
72d
22 days MoM
Recently sold homes
4
1 MoM
Provided by Redfin
Sale history for 708 Olney Sandy Spring Rd
Date
Event
Price
Public Records
May 27, 2021
Sold
$416,000
$341/sq ft
BRIGHT MLS #MDMC722376
Apr 12, 2021
Sold
$416,000
$341/sq ft
Feb 25, 2021
Price Changed
$415,000
$340/sq ft
Jan 15, 2021
Relisted
—
Jan 7, 2021
Listing Removed
—
Aug 23, 2020
Listed
$425,000
$348/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,075 (+4.3%)
$247,700 + $66,900
$314,600
2024
$3,907 (−13.0%)
2023
$4,493 (+52.5%)
2022
$2,945 (+2.1%)
$247,700 + $45,800
$293,500
2021
$2,884 (−18.6%)
2020
$3,541 (+0.4%)
2019
$3,526
$247,700 + $43,300
$291,000
2018
$3,524 (−1.6%)
$247,700 + $43,300
$291,000
2017
$3,583 (−0.4%)
$247,700 + $43,300
$291,000
2015
$3,596 (−1.1%)
$247,700 + $46,400
$294,100
2014
$3,634 (+1.4%)
2013
$3,586 (−15.9%)
2012
$4,263 (+4.6%)
2011
$4,075
2010
$4,075 (+39.2%)
2009
$2,926
Tax history for 708 Olney Sandy Spring Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,075 (+4.3%)
$247,700 + $66,900
$314,600
2024
$3,907 (−13.0%)
2023
$4,493 (+52.5%)
2022
$2,945 (+2.1%)
$247,700 + $45,800
$293,500
2021
$2,884 (−18.6%)
2020
$3,541 (+0.4%)
2019
$3,526
$247,700 + $43,300
$291,000
2018
$3,524 (−1.6%)
$247,700 + $43,300
$291,000
2017
$3,583 (−0.4%)
$247,700 + $43,300
$291,000
2015
$3,596 (−1.1%)
$247,700 + $46,400
$294,100
2014
$3,634 (+1.4%)
2013
$3,586 (−15.9%)
2012
$4,263 (+4.6%)
2011
$4,075
2010
$4,075 (+39.2%)
2009
$2,926
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.33 Acres
Year renovated
—
Sq. Ft.
1,220
Year built
1870
Style
Single Family Residential
County
Montgomery County
APN
08 00711064
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
R-200
Residential - 200 Zone
The intent of the R-200 zone is to provide designated areas of the County for residential uses with a minimum lot size of 20,000 square feet. The predominant use is residential in a detached house.
Permitted uses
Include but are not limited to:
Agriculture-Other
Assembly/ meeting place
Housing-Single unit
Housing-Senior
Infrastructure-Other
Public service
Kennel
Transportation-Other
Park & open space
Feb 13, 2013 • Final
Electrical
Electrical
Jul 16, 2004 • Final
Building residential
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.