Takoma Park, MD 20912,117 ELM AVE
Takoma Park, MD 20912,117 ELM AVE
Takoma Park, MD 20912,117 ELM AVE
Takoma Park, MD 20912,117 ELM AVE
Takoma Park, MD 20912,117 ELM AVE
Takoma Park, MD 20912,117 ELM AVE
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Listed by MJ Frazier • Serhant
$ 11,500,000
Est. payment | /mo

2.82 Acres Lot


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$ 11,500,000
Est. payment | /mo
Save

2.82 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDMC2181326

HOA Y/N N

Annual Tax Amount $156,027

Tax Year 2024

Lot Size 2.820 Acres

Acres 2.82

Property Sub-Type Land

Source BRIGHT

Property Description

Set on a rare and expansive 2.82-acre parcel in the heart of Takoma Park and just over the DC line, this unique property presents a compelling opportunity for visionary developers, institutional uses, and investors. Most recently operated as a private school, 117 Elm Avenue sits within the R-60 residential zone of Montgomery County, offering a variety of redevelopment possibilities in one of the region's most walkable and desirable neighborhoods.

Surrounded by mature trees, historic homes, and just minutes from the Takoma Metro Station, this site combines location, scale, and flexibility—an ideal canvas for transformation. Whether the vision is residential, a condo development, senior living, or an institutional campus, the property's zoning and size support a broad range of potential uses. Additionally, currently operating schools can take this turn-key property to new heights.

The R-60 zone permits single-family detached homes by-right, and allows for a host of conditional uses that cater to residential, institutional, and community needs. Developers may explore uses such as townhomes or attached units (via special exception), senior housing, day care or medical facilities, or even private educational or religious institutions. Office use is conditionally allowable in the zoning. The property's flat topography, ample street frontage, and proximity to transit further enhance its redevelopment viability.

As a school, it features dozens of classrooms, multiple bathrooms, a regulation-size gymnasium with stage, administrative offices, a kitchen, and more.

Located just steps from downtown Takoma Park and the Washington, D.C. line, this site is walkable to shops, restaurants, parks, and public transportation. It's a rare chance to reimagine a substantial landholding in a neighborhood where demand for thoughtful, community-focused development continues to grow.

Buyers are encouraged to consult with Montgomery County Planning to explore the full range of permitted and conditional uses under the R-60 zoning ordinance. With strong fundamentals and an unbeatable location, 117 Elm Avenue is poised to become one of the region's most impactful residential or mixed-use redevelopments.

A preschool currently leases a small portion of the lowest level of the building. The rest of the building is vacant. Lease can convey or can be terminated.

Location

State MD

County Montgomery

Zoning R60

Exterior

Water Access N

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District Montgomery County Public Schools

Others

Tax ID 161301074073

Ownership Other

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Shepherd Elementary School

    Public | PK - 5

  • 8

    Latin America Montessori Bilingual Lamb Public Charter School

    Public | PK - 5

  • 8

    West Education Campus

    Public | EE - 5

  • 8

    Truesdell Education Campus

    Public | EE - 5

  • 8

    Barnard Elementary School

    Public | EE - 5

  • 8

    Washington Latin Public Charter School Middle School

    Public | 5 - 8

  • 8

    Washington Yu Ying Public Charter School

    Public | PK - 6

  • 7

    Creative Minds International Public Charter School

    Public | PK - 3

  • 7

    Mundo Verde Bilingual Public Charter School

    Public | PK - 2

  • 7

    Center City Brightwood Campus Public Charter School

    Public | PK - 8

  • 7

    Whittier Education Campus

    Public | EE - 5

  • 7

    Cesar Chavez Elementary School

    Public | PK - 6

  • 6

    Woodlin Elementary School

    Public | KG - 5

  • 6

    Powell Elementary School

    Public | EE - 5

  • 6

    Brightwood Education Campus

    Public | EE - 5

  • 6

    Bridges Public Charter School

    Public | PK - 1

  • 6

    Center City Petworth Campus Public Charter School

    Public | PK - 8

  • 6

    Bruce Monroe Elementary School @ Park View

    Public | EE - 5

  • 6

    Sligo Creek Elementary School

    Public | KG - 5

  • 6

    Capital City Lower Public Charter School

    Public | PK - 4

Middle Schools 17
  • 9

    Takoma Park Middle School

    Public | 6 - 8

  • 7

    Columbia Heights Education Campus

    Public | 6 - 8

  • 7

    Eastern Middle School

    Public | 6 - 8

  • 6

    Silver Spring International Middle School

    Public | 6 - 8

  • 5

    Cesar Chavez Public Charter School for Public Policy Chavez Preparatory

    Public | 6 - 9

  • 5

    Paul Public Charter School Middle School

    Public | 6 - 8

  • 0

    Yeshiva of Greater Washington Girls Division

    Private | 7 - 12

  • 0

    Parkmont School

    Private | 6 - 12

  • 0

    MacFarland Middle School

    Public | 6 - 8

  • 0

    San Miguel School

    Private | 6 - 8

  • 0

    San Miguel School

    Private | 6 - 8

  • 0

    New North Middle School

    Public | 6 - 8

  • 0

    National Children's Center

    Private | 6 - 12

  • 0

    Kirov Academy of Ballet of Washington D.C.

    Private | 7 - 12

  • 0

    Brookland Middle School

    Public | 6 - 8

  • 0

    Friendship Public Charter School Woodridge Middle School

    Public | 6 - 8

  • 0

    Pathways School - Northwood at Hyattsville

    Private | 7 - 12

High Schools 15
  • 10

    Washington Latin Public Charter School Upper School

    Public | 9 - 12

  • 7

    E L Haynes Public Charter School Kansas Ave High School

    Public | 9 - 11

  • 6

    Montgomery Blair High School

    Public | 9 - 12

  • 4

    Coolidge High School

    Public | 9 - 12

  • 2

    Roosevelt High School

    Public | 9 - 12

  • 0

    Latin America Youth Center Career Academy

    Public | 9 - 12

  • 0

    The Next Step Public Charter School

    Public | 9 - 12

  • 0

    The Nora School

    Private | 9 - 12

  • 0

    Paul Public Charter School International High School

    Public | 9 - 10

  • 0

    Capital City High School Public Charter School

    Public | 9 - 12

  • 0

    Archbishop Carroll High School

    Private | 9 - 12

  • 0

    Takoma Academy

    Private | 9 - 12

  • 0

    Luke Moore Alternative High School

    Public | 9 - 12

  • 0

    Don Bosco Cristo Rey High School

    Private | 9 - 12

  • 0

    St Anns High School

    Private | 9 - 12

School and business data provided by Attom Data.
MJ Frazier

+1(571) 263-4154

mj@razr.group

1765 Greensboro Station Pl, McLean, VA, 22102-3464, USA

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117 ELM AVE