GREAT OPPORTUNITY AWAITS - Would you like to own your own apartment complex, condos or small subdivision. This property is zoned * * * High Intensity Mixed Use * * * It's all possible on this 22.28 +/- Acre parcel. This property is split on both sides of Pegg Rd , and has designated entrances already in place suitable for both residential or commercial development. There are endless possibilities with this tract of land. Not to mention that Public Water and Sewer is located within feet of this parcel. * * * Do not enter upon the land on Louden Land without an Appointment * * *
Downtown Lexington Park, located between Great Mills Road and MD-235 (Three Notch Road), is a commercial and civic Lexington Park neighborhood with a strip-mall streetscape and a transit-oriented core. The neighborhood’s energy concentrates around the MD-235 and Great Mills Road junction, where plazas, service storefronts, and bus stops set a steady, practical rhythm. Architectural character leans contemporary and auto-oriented, with low-rise retail centers and wide arterials defining the public realm. St. Mary’s County Library’s Lexington Park Branch anchors daily routines with programs and quiet workspaces. Nearby, the Patuxent River Naval Air Museum adds a local cultural note tied to regional aviation history. Green breaks arrive at John G. Lancaster Park, balancing the hardscape with fields and trails.
Provided by Walk Score and Local Logic
Market insights
21744 Louden Ln · $599,900
DAYS ON MARKET
1284 days
The average home goes pending in 41 days.
SALE-TO-LIST
99.8%
Most homes are selling 0% below list price.
LIST PRICE
$599,900
Median list price in this area is $444,155. (26% lower than this home)
PRICE DROP
1 price drop
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Estimated living area
No basement
Bedrooms
2 bedrooms on the main level
Bathrooms
1 full bathroom
1 half bathroom
Heating & cooling
90% forced air heating
Oil-fired heating and hot water
Window air conditioning units (electric)
Exterior features
No tidal water
Home design
Detached structure
Above-grade living space
Parking
Driveway
Construction
Frame construction
Slab foundation
Estimated year built
Utilities
Well water
On-site septic
Electricity and solar
View estimated energy costs and solar savings for this home
GREAT OPPORTUNITY AWAITS - Would you like to own your own apartment complex, condos or small subdivision. This property is zoned * * * High Intensity Mixed Use * * * It's all possible on this 22.28 +/- Acre parcel. This property is split on both sides of Pegg Rd , and has designated entrances already in place suitable for both residential or commercial development. There are endless possibilities with this tract of land. Not to mention that Public Water and Sewer is located within feet of this parcel.
BRIGHT MLS #MDSM2012154
Feb 15, 2025
Price Changed
$599,900
$400/sq ft
Mar 10, 2023
Listed
$650,000
$433/sq ft
BRIGHT MLS #MDSM171900
Sep 15, 2021
Listing Removed
—
Mar 14, 2021
Price Changed
$650,000
$433/sq ft
Sep 18, 2020
Listed
$850,000
$567/sq ft
Public Records
May 25, 1984
Sold
$17,000
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,340 (+0.9%)
$530,600 + $58,900
$589,500
2024
$6,283 (+0.9%)
2023
$6,227 (+0.2%)
2022
$6,212 (+0.2%)
$530,600 + $43,400
$574,000
2021
$6,198 (+0.2%)
2020
$6,184 (+0.3%)
2019
$6,164 (+0.3%)
$530,600 + $39,900
$570,500
2018
$6,145 (+1.2%)
2017
$6,074 (+2.1%)
$525,600 + $39,900
$565,500
2015
$5,949 (+1.4%)
$525,600 + $39,900
$565,500
2014
$5,867 (+0.9%)
$525,600 + $39,900
$565,500
2013
$5,816 (+1.3%)
2012
$5,744 (+1.1%)
2011
$5,681
2010
$5,681 (+12.6%)
2009
$5,046
Public record
Beds
—
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
22.28 Acres
Year renovated
—
Finished Sq. Ft.
1,500
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,500
Year built
1900
Style
Single Family Residential
County
St. Mary's County
APN
08 030006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 18, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
6/10 Wind Factor
68% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Lexington Park, MD • 20653
Average low and high temperatures (°F)
41
26
46
31
62
42
70
51
75
59
85
68
88
74
80
67
78
65
69
52
60
44
47
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Lexington Park. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 21744 Louden Ln
$525,191
$75K under list price of $600K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $324K to $425K.