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$990,000
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Property Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, February 27, 2025 & ends Tuesday, March 4, 2025 at 11:00 am. Prime 50+ Acre Development Opportunity in Historic Upper Marlboro, MD. Location: Upper Marlboro, MD 20772 (Prince George's County). Discover an exceptional investment opportunity with this expansive 50+ acre parcel in the heart of historic Upper Marlboro, Maryland. Adjacent to the prestigious Compton Bassett Estate, this prime land offers a unique blend of rural tranquility and convenient access to Washington, D.C. Its flat, usable terrain and strategic location make it ideal for a variety of development possibilities. Property Highlights Expansive Acreage: 50+ acres of level, usable land, providing a blank canvas for your vision. Historic Significance: Neighboring the iconic Compton Bassett Estate, adding prestige and character. Convenient Location: Close proximity to Upper Marlboro's town center, shopping, schools, public transportation, Route 4, and the Capital Beltway (I-495), offering easy access to Washington, D.C. and surrounding areas. Zoning: Currently zoned for rural and agricultural uses, allowing for residential and farming possibilities. Development Potential: This versatile property presents a multitude of exciting development options: Residential Development: Create a prestigious residential community, build luxurious estate homes, or design a charming neighborhood, capitalizing on the desirable location and ample space. Equestrian Estate/Farm: Embrace the rural charm and establish a private equestrian estate with stables, riding arenas, and pastures. Alternatively, cultivate a thriving farm or vineyard, taking advantage of the fertile land and convenient access to markets. Event Venue/Retreat Center: Leverage the serene surroundings and proximity to the historic Compton Bassett Estate to create an exceptional event venue, wedding destination, or tranquil retreat center. Preservation/Public Space: Consider preserving this historically significant land or creating a public park, ensuring its enjoyment for future generations while honoring the area's heritage. The property comprises 2 Tax ID Accounts: Tax ID# 0235325 - Land Area of 11.9573 acreas as determined by a boundary survey. Tax ID# 0235283 - Land Area of 38.9759 acreas as determined by a boundary survey. From the Prince George's County Planning Department: Zoning: Agricultural and Preservation (AG) Zone. The purposes of the Agriculture and Preservation (AG) Zone are: To provide for low density and development intensity as indicated on the General Plan or applicable Area Master Plan or Sector Plan. To provide for areas that are to be devoted to uses that preserve the County's ecological balance and heritage, while providing for the appropriate use and enjoyment of natural resources. The use of the AG Zone is intended to promote the economic use and conservation of agriculture, natural resources, residential estates, nonintensive recreational uses, and similar uses.
Full Property Details
Full Property Details for 16508 Marlboro Pike
General
- Sold For: $990,000
- Taxes: $112 (2024)
- Status: Closed
- Type: Lots/Land
- Source: BrightMLSMidAtlantic
- MLS ID: MDPG2140714
- Added to Site: 358 day(s) ago
Location
- County: Prince Georges
- Driving Directions: NOTE: 16300 Marlboro Pike is NOT the legal address and is being used to assist in locating the property.
School Information
- School District: Prince George's County Public Schools
Utilities
- Sewer: Other
- Water: Well Required
Structural Information
- Stories/Levels: 0
- Current Bldg. Use: Other
Lot Features
- Lot Size (Acres): 15.74
- Lot Size (Sq. Ft.): 685,634
- Lot Size Source: Assessor
- Zoning: AG
Financial Considerations
- Price Per Sq. Ft.: $1.46
- Assessment Year: 2024
- County Tax: $87
- County Tax Freq: Annually
- Tax w/Assessment: $7,800
- Tax Amount: $112
- Tax Year: 2024
- Terms: Auction
Disclosures and Reports
- Ownership: Fee Simple
Listed by Alex Cooper Auctioneers, Inc., Paul R Cooper
Sold by Realty Navigator, Vincent J Payne
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Schools
Schools serving 16508 Marlboro Pike
School District:Prince George's County Public Schools
| Name | Grades | Distance |
|---|---|---|
Patuxent Elementary School 4410 Bishopmill Drive, Upper Marlboro, MD 20772 | PK-5 | 1 mi |
James Madison Middle School, Upper Marlboro, MD 7300 Woodyard Road, Upper Marlboro, MD 20772 | 6-8 | 6.8 mi |
Dr. Henry A. Wise Jr. High School 12650 Brooke Lane, Upper Marlboro, MD 20772 | 9-12 | 4.1 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 16508 Marlboro Pike
Date
Details
Price
Change
Source
4/17/2025
Sold
$990,000
-1%
MLS
2/05/2025
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16508 Marlboro Pike, Upper Marlboro, MD 20772 (MLS# MDPG2140714) is a Lots/Land property that was sold at $990,000 on April 17, 2025. Want to learn more about 16508 Marlboro Pike? Do you have questions about finding other Lots/Land real estate for sale in Upper Marlboro? You can browse all Upper Marlboro real estate or contact a Coldwell Banker agent to request more information.

