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$520,500
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Property Description
A seldom opportunity presents for an investor or buyer with a vision to purchase in sought after Olney Mill at this price point. The home sits on a .6 acre lot (large backyard), and features 3 bedrooms, 3 full bathrooms, and a formal living and dining room. The partially finished basement has a rear entrance as well as a wet bar and rec room, perfect for any entertaining needs. Close to commuter routes (Georgia Ave, MD-200), and all that Olney has to offer. Come restore this gem back to its full potential!
Full Property Details
Full Property Details for 18508 Queen Elizabeth Dr
General
- Sold For: $520,500
- HOA FEE: $6/month
- HOA FEE FREQ.: Annually
- Taxes: $6,463 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDMC2192680
- Added to Site: 170 day(s) ago
Interior
- Interior Features: Attic, Bar, Bathroom - Stall Shower, Carpet, Dining Area, Entry Level Bedroom, Wood Floors
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Oven - Single, Microwave, Refrigerator, Washer, Dryer
- Flooring: Carpet, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
- Main - Full Baths: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Has Laundry, Lower Floor
Exterior
- Porch/Patio/Deck: Patio(s)
Parking
- Carport Spaces: 1
- Total Spaces: 1
- Parking Type: Attached Carport, Driveway
Location
- County: Montgomery
- Development Name: Olney Mill
- Subdivision: Olney Mill
- Driving Directions: From 108, turn right onto Queen Elizabeth Dr.
School Information
- School District: Montgomery County Public Schools
Community
- Association: Yes
- Assoc. Name: OLNEY MILL ASSOCIATION
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch/Rambler
- Architectural Style: Ranch/Rambler
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Partially Finished, Rear Entrance
- Foundation: Brick/Mortar
- Roof: Asphalt, Shingle
- Windows: Bay/Bow
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 3,392
- Sq. Ft. Source: Assessor
- Living Area: 2,046 Sq. Ft.
- Year Built: 1974
- Year Built Source: Assessor
- Property Condition: Below Average
Additional Structures
- Other Structures: Shed
Lot Features
- Lot Size (Acres): 0.69
- Lot Size (Sq. Ft.): 29,988
- Lot Size Source: Assessor
- Zoning: R200
Financial Considerations
- Price Per Sq. Ft.: $294.22
- Association Fee: $77
- Assoc Fee Freq.: Annually
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax: $6,015
- County Tax Freq: Annually
- Tax w/Assessment: $553,500
- Tax Amount: $6,463
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2046
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 39
Listed by Long & Foster Real Estate, Inc., Camille Hippolyte
Sold by RE/MAX Realty Centre, Inc., Seema Rodriguez
Get Pre-Approved Today
Schools
Schools serving 18508 Queen Elizabeth Dr
School District:Montgomery County Public Schools, Gaithersburg, MD
| Name | Grades | Distance |
|---|---|---|
Greenwood Elementary School, Brookeville, MD 3336 Gold Mine Road, Brookeville, MD 20833 | K-5 | 0.7 mi |
Rosa M. Parks Middle School 19200 Olney Mill Road, Olney, MD 20832 | 6-8 | 0.8 mi |
Sherwood High School 300 Olney-Sandy Spring Rd, Ashton-Sandy Spring, MD 20860 | 9-12 | 3.2 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 18508 Queen Elizabeth Dr
Date
Details
Price
Change
Source
8/21/2025
Sold
$520,500
4.31%
MLS
7/31/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
18508 Queen Elizabeth Drive, Olney, MD 20832 (MLS# MDMC2192680) is a Single Family property that was sold at $520,500 on August 21, 2025. Want to learn more about 18508 Queen Elizabeth Drive? Do you have questions about finding other Single Family real estate for sale in Olney? You can browse all Olney real estate or contact a Coldwell Banker agent to request more information.

