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$575,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 4,700 Sq. Ft.
  • 2 Car Garage

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Massive Equity Potential in Lakeview - 4,700 Sq Ft Colonial! ATTENTION INVESTORS, FLIPPERS, AND REHABBERS! This is the rare, heavily discounted bank-owned property you've been waiting for. Located at 4714 Lake Ontario Way in the highly sought-after Lakeview subdivision, this massive 3-level Colonial is a diamond in the rough offering incredible ARV potential. Boasting 4 generously sized bedrooms, 3.5 bathrooms, and over 3,100 sq. ft. of above-grade living space (plus a sprawling 1,590 sq. ft. partially finished basement), the bones and layout are already here. Situated on a premium 0.33-acre lot with a 2-car attached side-entry garage. The property requires significant work and TLC to bring it back to its former 2001 glory, but the built-in equity margin makes the heavy lifting well worth it. Strictly sold AS-IS. Don't let this opportunity slip away-run the comps and bring your contractor today!

Full Property Details for 4714 Lake Ontario Way

General

  • Price: $575,000
  • HOA FEE: $42/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $9,584 (2026)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDPG2219324
  • Updated: 9/15/2026
  • Added to Site: 17 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Baths: 4
  • Main - Full Baths: 3
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Main & Up: 4

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 4
  • Parking Features: Asphalt Driveway
  • Parking Type: Attached Garage, Driveway
  • Garage Description: Garage - Side Entry

Location

  • County: PRINCE GEORGES
  • Subdivision: LAKEVIEW
  • Driving Directions: Head east on New York Avenue NW (US-50 East) out of the city. As you approach the Capital Beltway, follow the signs to merge onto I-495 North toward Baltimore and Silver Spring. From the Beltway, take the exit for MD-450 East (Annapolis Road) heading toward Lanham and Bowie. Continue straight on MD-450 East for a few miles, then turn right onto Lakeview Lane to enter the subdivision. Take your first left onto Lake Victoria Lane, and then make a right onto Lake Ontario Way. You will find the property located on your right.

School Information

  • School District: Prince George's County Public Schools

Community

  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Water Heater: 60+ Gallon Tank

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Structure Type: Detached
  • Construction: Frame
  • Basement: Yes
  • Basement Desc.: Partially Finished
  • Foundation: Other
  • Stories Description: Main
  • Square Feet: 4,700
  • Sq. Ft. Source: Assessor
  • Living Area: 3,110 Sq. Ft.
  • Finished Above Grnd: 3,110 Sq. Ft.
  • Year Built: 2001
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 0.33
  • Lot Size (Sq. Ft.): 14,263
  • Lot Size Source: Assessor
  • Zoning: RR

Financial Considerations

  • Price Per Sq. Ft.: $184.89
  • Association Fee: $125
  • Assoc Fee Freq.: Quarterly
  • Assessment Year: 2026
  • County Tax: $7,172
  • County Tax Freq: Annually
  • Tax w/Assessment: $696,900
  • Tax Amount: $9,584
  • Tax Year: 2026
  • Tax Total Finished Sq. Ft.: 3110

Disclosures and Reports

  • Ownership: Fee Simple
  • Bank-owned: Yes
  • Lot Number: 7

Listed by Berkshire Hathaway HomeServices PenFed Realty, Phillip James J Snedegar

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Listing agent

— 4714 Lake Ontario Way —

  • Phillip James J Snedegar

    Berkshire Hathaway HomeServices PenFed Realty

Listing Office Email: capitolhill@penfedrealty.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4714 Lake Ontario Way

School District:Prince George's County Public Schools
NameGradesDistance
Woodmore Elementary School
12500 Woodmore Rd, Mitchellville, MD 20721
K-52.4 mi
Thomas Johnson Middle School
5401 Barker Place, Lanham, MD 20706
6-81.5 mi
Duval High School
9880 Good Luck Road, Lanham, MD 20706
9-122.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4714 Lake Ontario Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/15/2026
Listed
$575,000
62.56%
MLS
5/11/2001
Sold
$353,710
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4714 Lake Ontario Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,984
66%
$645,000
9%
2023
$6,018
—
$593,100
10%
2023
$6,018
1%
$541,200
1%
2022
$5,975
-13%
$537,300
1%
2019
$6,865
-24%
$533,400
1%
2021
$9,014
9%
$529,500
10%
2020
$8,270
10%
$479,433
12%
2019
$7,526
11%
$429,367
13%
2018
$6,782
5%
$379,300
6%
2017
$6,454
5%
$357,200
7%
2016
$6,125
9%
$335,100
7%
2015
$5,625
—
$313,000
—
2014
$5,625
—
$313,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 4714 Lake Ontario Way

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Berkshire Hathaway HomeServices PenFed Realty, Phillip James J Snedegar

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4714 Lake Ontario Way, Bowie, MD 20720 (MLS# MDPG2219324) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 4714 Lake Ontario Way is currently listed for $575,000 and was received on September 15, 2026. Want to learn more about 4714 Lake Ontario Way? Do you have questions about finding other Single Family real estate for sale in Bowie? You can browse all Bowie real estate or contact a Coldwell Banker agent to request more information.

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