Takoma Park Homes with Other Ownership

Takoma Park Homes with Other Ownership

Welcome to Takoma Park, Maryland – a vibrant community that effortlessly blends suburban charm with urban convenience. Nestled in the heart of Montgomery County, this picturesque city is renowned for its tree-lined streets, historic architecture, and a strong sense of community. Just a stone's throw away from Washington, D.C., Takoma Park offers residents the best of both worlds: a serene, family-friendly environment paired with easy access to the bustling capital.

Takoma Park is a haven for those who appreciate diversity and inclusivity, boasting a rich tapestry of cultures and backgrounds. The city is home to an eclectic mix of shops, cafes, and restaurants that reflect its vibrant community spirit. Whether you're enjoying a leisurely stroll through the local farmers' market or exploring the charming boutiques along Carroll Avenue, you'll quickly discover why so many people are drawn to this unique area.

Housing in Takoma Park is as diverse as its residents. From historic bungalows to modern townhomes, there’s something for everyone. Many homes in the area are available for ownership, making it an attractive option for first-time buyers and seasoned investors alike. With a commitment to preserving its rich history while embracing modern living, Takoma Park offers a variety of ownership opportunities that cater to different lifestyles and preferences.

With its strong sense of community, excellent schools, and an abundance of green spaces, Takoma Park is more than just a place to live – it’s a place to thrive. Experience the charm and warmth of this remarkable city, where every corner tells a story, and every neighbor feels like family. Discover your dream home in Takoma Park today!

Newest Takoma Park Homes with Other Ownership

$11,500,000
MDMC2181186 MLS
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.

117 Elm Ave, Takoma Park

$11,500,000
MDMC2181326 MLS
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.

117 Elm Ave, Takoma Park

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