8620 FALLS RD Potomac, MD 20854 New

UPDATED: 02/20/2026 06:54 PM ON MARKET: 4 days on market

$1,350,000

4 Beds3 Baths2,202 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,202 sqft

Price per Sqft $613

Subdivision Potomac Outside

MLS Listing ID MDMC2217916

Style Other

Bedrooms 4

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 2,202

Year Built 1951

Annual Tax Amount $9,754

Tax Year 2024

Lot Size 0.610 Acres

Acres 0.61

Property Sub-Type Detached

Source BRIGHT

Property Description

An exceptional opportunity for a builder, investor or new homeowner to take advantage of a property where much of the heavy lifting has already been completed to put a new build on this lot. The preliminary work that typically slows a project has been thoughtfully addressed, allowing the next owner to move quickly into starting to build a new home.

Architectural plans are complete and supported by a professionally-developed interior design board, tailored to today's Potomac luxury buyer. A Montgomery County Plat Exemption has been awarded, and key infrastructure milestones are in place, including utility disconnections, completed well and septic abandonment, installation of a temporary electric pole, approved WSSC water and sewer category changes, and $30,000 in paid WSSC connection fees. An approved Grading Plan has been secured, and all property boundaries and Limits of Disturbance have been professionally staked.

The existing home offers meaningful flexibility. Expand and reposition the current structure for a high-end resale, or pursue a tear-down and construct a custom residence designed to command a premium price in the Potomac market.

Situated along Falls Road, the location offers very convenient access to the natural beauty of the Great Falls Overlook with the park entrance only a couple of minutes away. This location also offers easy access to Olmstead Island, the Billy Goat Trail, highly regarded Winston Churchill High School, and the amenities of Potomac Village, with proximity to major commuter routes.

For a builder or future new homeowner who understands the value of time, preparation, and location, this property presents a great opportunity.