Gaithersburg, MD 20882,5011 RIGGS RD

$1,700,000

Est. payment /mo

$1,950,000

12.8%
Est.Price: ?

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5011 RIGGS RD Gaithersburg, MD 20882

84.76 Acres Lot

SOLD DATE : 08/31/2020

Key Details

Sold Price $1,700,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision Laytonsville Outside

MLS Listing ID 1001793090

Sold Date 08/31/20

HOA Y/N N

Originating Board MRIS

Annual Tax Amount $291

Tax Year 2019

Lot Size 84.760 Acres

Acres 84.76

Property Description

A RARE OPPORTUNITY TO PURCHASE A LARGE FARM ON THE EASTERN EDGE OF THE AR ZONE.MANY USES PERMITTED. THE EXISTING HORSE BUSINESS IS NOT FOR SALE ONLY THE REAL ESTATE; 220 X 83 INDOOR ARENA,W OBSERVATION ROOM ATTACHED 54 STALL STABLE/ W 2 FEED ROOMS, 2 TACK ROOMS, 4 WASH STALLS, OFFICE/BATHROOM, 3 OTHER OUTBUILDINGS AND A 300 X 100 LIGHTED OUTDOOR ARENA, FENCED AND CROSS FENCED,CAN BE SUBDIVIDED. JUST GOT 3 ACCEPTABLE WATER TABLE TEST COMPLETED BY MC, LOOKING FOR A BUYER TO COMPLETE THE PERKING TO WORK WITH THEIR SITE PLAN. PUBLIC WATER AVAILABLE TO THE FARM,

Location

State MD

County Montgomery

Zoning AR

Interior

Equipment None

Exterior

Fence Fully

Water Access N

Garage N

Building

Lot Description Pond, Open

Sewer Gravity Sept Fld

Water Well

New Construction N

Schools

School District Montgomery County Public Schools

Others

Tax ID 00004532

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Farm Credit Service

Horse Property Y

Horse Feature Horse Trails, Arena

Listing Terms Conventional, Farm Credit Service

Financing Conventional,Farm Credit Service

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Timothy I McGrath • Mackintosh, Inc.
Bought with Richard O Stoner • The Reist Corporation

Travis Gray

Advisor | License ID: 636268

+1(301) 641-0809

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