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Description

List price is Opening Bid At The Online Only Auction Sale. Online auction to be conducted on Auctioneers website. Bidding begins Wednesday, October 16th and ends Monday, October 21st, 2024 at 12:30 PM.Unimproved Land Opportunity Zoned RE-2 on a 1.5+/- Acre Lot "Potomac", Montgomery County; located within the Piney Grove Probate subdivision. Zoned RE-2: According to the Montgomery County Website there are many permitted uses for the land including "single-unit living". There are also many uses that are limited use and conditional use. "The RE-2 allow development under the standard method. Site plan approval may be required under Section 7.3.4.A.8. 1. A diversity of lot sizes is required. The Planning Board must evaluate the range of lot sizes provided and ensure that a proposed development is compatible with existing development on adjoining properties and is consistent with the purpose and intent of the zone.2. The Planning Board must favor diversity of house sizes where such diversity would be substantially consistent with neighboring communities.3. A lot developed under the optional method must be connected to a community water and sewerage system, unless the applicant can demonstrate in a preliminary plan application that a limited number of lots on a private well and septic facility within the cluster will provide a more beneficial subdivision design because of environmental or compatibility reasons.4. The RNC zone also allows for an optional method of development without the provision of MPDUs above those required by Chapter 25A, if recommended in the applicable master plan. The maximum density for this type of optional method development is 1 dwelling unit per acre, unless a lesser density is recommended by the applicable master plan." This information is copied from the Montgomery County Zoning website . The above description is for informational purposes only; and do not rely on this information without doing your own due diligence before bidding. Contract Assignment Sale: The winning bidder is purchasing the Rights and Interest in a Purchase Contract dated August 6, 2024, from Kevalla Investments, LLC, for the real property know as 12721 Piney Meetinghouse Rd. Potomac, MD 20854.

Details

Features

Market Activity 20854

MLS Number: MDMC2150606

Listing Provided By: Juan Carlos Flores

Alex Cooper Auctioneers, Inc. – (410) 828-4838