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$200,000
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Property Description
Residential lot in College Park, MD, a community with the ideal blend of small-town charm and urban sophistication. Perfectly located in the heart of College Park, MD, this corner lot presents an exceptional opportunity to build your new home to your specifications. The homes in this community have a consistent history of holding property value. Your newly built home will be within 1 mile of shopping and dining. This location is walking distance to the University of Maryland campus, Paint Branch Elementary, Lakeland Community Center, and Lakeland Park, with access to biking and walking trails. This lot is conveniently close to DC, a few blocks to public transportation (subway, buses, and the MARC train), and close to major highways I-495, I-95, B/W Parkway, and Route 1. The previous home (built in 1900) was a student rental for many years and was torn down with plans to build new. This lot is improved with existing utilities. Partial foundation and driveway remain. Shed conveys.
Full Property Details
Full Property Details for 5021 Lakeland Rd
General
- Sold For: $200,000
- Taxes: $2,240 (2024)
- Status: Closed
- Type: Lots/Land
- Source: BrightMLSMidAtlantic
- MLS ID: MDPG2151540
- Added to Site: 246 day(s) ago
Location
- Municipality: College Park
- County: Prince Georges
- Development Name: Lakeland
- Subdivision: Lakeland
- Driving Directions: Right on Lakeland off Rt. 1
- Location Details: Corner Lot/Unit
- City Limits: Yes
School Information
- School District: Prince George's County Public Schools
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Water Available
Structural Information
- Stories/Levels: 0
- Current Bldg. Use: Land/Lot Only
Lot Features
- Property View: Street, Trees/Woods
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,752
- Lot Size Source: Estimated
- Lot Features: Corner, Cleared
- Zoning: RSF65
- Lot Description: Corner, Cleared
Financial Considerations
- Price Per Sq. Ft.: $29.02
- Assessment Year: 2025
- City/TownTax: $421
- City/TownTax Freq: Annually
- County Tax: $1,349
- County Tax Freq: Annually
- Tax w/Assessment: $125,700
- Tax Amount: $2,240
- Tax Year: 2024
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
Listed by RLAH @properties, Jayme E Park
Sold by Samson Properties, Arelis A Perez
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Schools
Schools serving 5021 Lakeland Rd
School District:Prince George's County Public Schools
| Name | Grades | Distance |
|---|---|---|
Paint Branch Elementary School 5101 Pierce Avenue, College Park, MD 20740 | PK-6 | 0.2 mi |
Greenbelt Middle School 6301 Breezewood Drive, Greenbelt, MD 20770 | 6-8 | 1.5 mi |
Parkdale High School 6001 Good Luck Rd, Riverdale Park, MD 20737 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5021 Lakeland Rd
Date
Details
Price
Change
Source
7/22/2025
Sold
$200,000
-11.11%
MLS
5/17/2025
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5021 Lakeland Road, College Park, MD 20740 (MLS# MDPG2151540) is a Lots/Land property that was sold at $200,000 on July 22, 2025. Want to learn more about 5021 Lakeland Road? Do you have questions about finding other Lots/Land real estate for sale in College Park? You can browse all College Park real estate or contact a Coldwell Banker agent to request more information.

