9 months on rocket

5600 Riggs Rd, Gaithersburg, MD, 20882

$2,799,000

62.59 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
ParkingNone
MLS #MDMC2099894
Lot Size62.59 Acres
StatusActive
(ACTIVE)

About 5600 Riggs Rd

SOUGHT AFTER LOCATION. CLOSE TO BLUE MASH GOLF COURSE. TABLE TOP LAND WITH A GENTLE SLOPE ON ONE END. APPROXIMATELY 50 ACRES OF HAY CULTIVATION AND PARTIALLY BORDERED BY APPROX 12 ACRES OF TREES. PERKED & APPROVED FOR 2 HOMESITES. WATER TABLE TEST RESULTS AVAILABLE. MAY BE SUBDIVIDED INTO 2 LOTS.YOUR OWN COUNTRY-ESTATE ON THE DOORSTEP OF THE CITY. IDEAL FOR HORSE FARM OR CULTIVATION OR PERMITTED COMMERCIAL ACTIVITY. PUBLIC WATER HOOK-UP AVAIL & ELECTRICITY HOOKUP AVAIL.AGRICULTURAL RESERVE ZONING. BUYER PAYS ALL TRANSFER TAXES.CURRENTLY TAXED AS AGRICULTURAL. BUYERS TO DO THEIR OWN DUE DILIGENCE REGARDING ALL ASPECTS; AND PURCHASE SOLELY UPON THEIR FINDINGS.

Property Details

Property Features

Listing Office:

  • Office Name: Realty Advantage
  • Office Phone: (301) 881-9800
  • Listing Agent: Mohamed G Desai

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 62.59 Acres

School Info

Assigned Schools Information:

  • Gaithersburg High School, Public District Grades 9-12
  • Gaithersburg Middle School, Public District Grades 6-8
  • Laytonsville Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 270 N, Exit 8, Shady Grove Road [east], [l] Midcounty Hiway, [r] Woodfield Road,[r] Fieldcrest,[l] Rt 108 - Olney -Laytonsville Road,[r] Riggs Road, Go 1 Mile, Property On The Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,799,000
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Housing Market Comparison

See how this home compares to others in Gaithersburg, MD.

Med. Sold Price

$525K

Med. Price/SqFt

$259

Avg. Days On Market

14

# of Sold Homes

51

5600 Riggs Rd vs Gaithersburg

293 DAYS ON ROCKET

+279 Days

$2,799,000

+$2.2M More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price in Gaithersburg, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDMC2099894

Listing Office:

  • Office Name: Realty Advantage
  • Office Phone: (301) 881-9800
  • Listing Agent: Mohamed G Desai

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 10:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,458

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3050760
7
/10
  • Laytonsville Elementary School

  • 21401 Laytonsville Rd

  • 1.45 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3050761
5
/10
  • Gaithersburg Middle School

  • 2 Teachers Way

  • 5.95 miles

  • Public District Grades 6-8

High School

school-card-donut-3050762
3
/10
  • Gaithersburg High School

  • 314 S Frederick Ave

  • 6.66 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $131,250. The most common annual income of people living in Gaithersburg, MD is between $100k-200k. Residents typically live in married, with kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5600 Riggs Rd

What is the listing price of this property?

The listing price of 5600 Riggs Rd property is $2,799,000.

What type of property is this?

The property 5600 Riggs Rd is land located in Gaithersburg, Maryland, 20882.

Is this property for sale now?

Active Listing: 5600 Riggs Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5600 Riggs Rd are:
Laytonsville Elementary School: GreatSchools Rating 7/10
Gaithersburg Middle School: GreatSchools Rating 5/10
Gaithersburg High School: GreatSchools Rating 3/10

How much acreage is this property?

The property 5600 Riggs Rd is 62.59 acres.
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Rocket HomesMarylandMontgomery CountyGaithersburg208825600 Riggs Rd

This home is located at 5600 Riggs Rd in Gaithersburg, MD and zip code 20882. This home sits on a 62.59 acre lot. It has been listed on Rocket Homes since July 11, 2023 and is currently priced at $2,799,000.

Gaithersburg, MD housing market in March 2024 saw over 30 listings sold above listed price, more than 9 sold at listed price and over 12 sold below. In March 2024 in Gaithersburg, MD there were 9.8% more homes for sale than in February 2024. In March 2024, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $525,000.

From Rocket Homes Real Estate and based on county public records data.

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