Nearly ¼ Acre Rectangular Lot Opportunity in Pimmit Hills, Priced below Assessed Value: Introducing 1729 Olney Rd, which offers a chance to reimagine or rebuild in the sought-after Pimmit Hills neighborhood. Set on a nearly quarter-acre rectangular lot, this property provides outstanding potential for new construction or a complete renovation, making it an excellent opportunity for visionary buyer, builder, or investor. The existing two-level home includes over 1,000 finished sq. ft. above grade plus a finished basement, with 3 bedrooms, 1 full bath, gas and electric service, public water and sewer, and a driveway with off-street parking. Located within the Marshall High School pyramid (featuring the IB Diploma program), with Kilmer Middle School and Westgate Elementary, the property also offers unmatched convenience—just minutes to Tysons, Falls Church, and major commuter routes (Route 7, Route 123, I-66, and I-495), plus quick access to shopping, dining, and area amenities. 1729 Olney Rd is a prime opportunity to build new or restore value in one of Northern Virginia’s most desirable and dynamic communities.
*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
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
9,195 Sq. Ft.
Year renovated
—
Sq. Ft.
1,069
Year built
1962
Style
Single Family Residential
County
Fairfax County
APN
0303 18 0007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
R-4
Residential District, Four Dwelling Units/Acre
The R-4 District provides for single-family detached dwellings and affordable dwelling unit developments and allows other uses that are compatible with the medium-density residential character of the district.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Public service
Property details
Parking
Parking Information
# of Total Garage and Parking Spaces: 1
Off Street - # of Spaces: 1
Off Street, On Street
Interior
Bedroom Information
# of Bedrooms On Main Level: 3
Bathroom Information
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full): 1
Interior Information
Living Area Sq.Ft. Source: Assessor
Room Information
Living Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Full Bath
Basement Information
Basement: Yes
Full
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $358,840
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Construction Materials: Combination
Foundation Details: Slab
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Other Structures: Shed
Lot Information
Tidal Water: No
Land Information
Land Assessed Value: $370,000
Above Grade Information
Finished Sq.Ft.: 1,069
Finished Sq.Ft. Source: Assessor
Below Grade Information
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
County Tax: $8,181
Tax Assessed Value: $728,840
Tax Year: 2025
Tax Annual Amount: $8,425
Assessments Information
Year Assessed: 2025
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Zoned
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
Middle Or Junior School: KILMER
High School: MARSHALL
School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS
Middle School Source: Listing Agent
School District Source: 3rd Party
Location Information
Outside City Limits
Directions: GPS
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,069
Stories: 1.0
Lot Size: 9,195 square feet
Style: Single Family Residential
Year Built: 1962
Year Renovated: —
County: Fairfax County
APN: 0303 18 0007
Home facts updated by county records on Jul 30, 2026
Around this home
Schools
Westgate Elementary School
Public PreK-6 • Assigned • 0.5mi
7/10
Kilmer Middle School
Public 7-8 • Assigned • 1.9mi
9/10
Marshall High School
Public 9-12 • Assigned • 1.3mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 103° expected this year, 16 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Falls Church, VA • 22043
Average low and high temperatures (°F)
38
24
44
30
63
41
70
50
73
57
84
67
88
72
81
65
77
62
68
50
58
42
45
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$675,000 – $817,000
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