3.04 Acre Legacy Estate + Adaptive Reuse Opportunity — Sale in Rockville, MD

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Rockville, MD 20855

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Description

The land at 17801 and 17805 October Court is improved with more than 12,600 square feet of existing structures, including a primary residence, accessory dwelling unit, extensive parking areas, gated entry, and multiple garage bays. The site benefits from mature landscaping, elevated views, and direct adjacency to protected parkland and stream corridor areas, creating a uniquely private setting rarely available within close proximity to Washington, D.C., Rockville, and the region's major employment centers. Beyond its immediate residential appeal, the property's physical characteristics present a variety of potential future opportunities. Existing improvements include clear-span construction elements, large open gathering spaces, commercial-grade electrical capacity, and a site configuration that may support future adaptive reuse strategies. Prospective purchasers may evaluate the property for continued estate use, multi-generational living, wellness-oriented uses, residential care concepts, educational facilities, institutional uses, or other applications, subject to purchaser due diligence and applicable governmental approvals. The surrounding area continues to benefit from significant public infrastructure investment, including nearby water, sewer, and pedestrian mobility improvements. These projects, combined with the property's substantial acreage, strategic location, and existing improvements, create a compelling opportunity for investors, owner-users, family offices, institutional operators, and luxury residential buyers seeking a truly irreplaceable asset. Investment Highlights: • Legacy Estate Offering on 3.04 Acres, 12,600+ SF Residence with Guest Accommodations. First Time Offered by Original Ownership • Located in Affluent Montgomery County, Maryland with Significant Long-Term Value Through Potential Repositioning, Adaptive Reuse, or Future Development Opportunities (subject to approvals).

Market Context

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