Listed By:
EXIT Right Realty
Address
2921 Langston Place SE, Washington, DC
Price
$ 768,000
Property Attributes
  • MLS#DCDC2138730
  • TypeLand
  • CountyWASHINGTON
  • CityWashington
  • NeighborhoodRandle Heights
  • Zip20020
  • StyleVacant
  • Taxes$ 2873
  • Price$ 768,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.41 Acres
Data Source:
Bright MLS
Property Description

Exceptional Development Opportunity in Randall Heights Nine Adjacent Lots with R-2 Zoning Discover an unparalleled investment opportunity in Southeast Washington, DC's heart at 2921 Langston Place SE. This expansive offering includes nine adjacent lots (Square 5839, Lots 0001, 0002, 0003, 0004, 0005, 0006, 0008, 0009, and 0010), perfect for developers and investors aiming to make a significant impact in a community where housing demands continue to grow. Key Features: Total Development Area: The package comprises nine wooded lots ready for clearing and development and a three-level, all-brick property needing renovation (Lot 0814, Square 5742). Zoning Perks: Zoned R-2, these lots are predominantly developed with semi-detached housing, offering a blend of density and community-focused living. Potential developers can use inclusionary zoning regulations, possibly qualifying for density bonuses or other tax incentives. Utilities: The existing property already has utilities, including water, gas, and electricity, simplifying the logistical aspects of future development. Strategically situated in a neighborhood with amenities, the site is a stone's throw away from Washington Park, Snow Hill Manor Neighborhood Park, Bedford Neighborhood Park MNCPPC, and Takoma Academy nearby. This prime location enhances the allure of residential development, making it an ideal investment opportunity. Additional Resources: A plot map, soil survey, and complete appraisal are available upon request. These provide all the necessary details to envision and plan the development project. This exceptional real estate is more than just a purchase; it's an investment in the future of Washington, DC. Its potential for semi-detached and possibly detached dwellings presents a unique opportunity to create a new community space tailored to the city's growing needs. Whether envisioning a series of contemporary homes or a more integrated residential complex, these lots provide the flexibility and scale necessary for a landmark development.

Elementary School Middle School High School
Stanton Elementary School Kramer Middle School Anacostia High School
Price History
4/25/2024 Listed $768,000

General Features

Sewer Public Sewer
Possession Settlement
Zoning R-2
Property SubType Land
Tax Year 2022
Current Use Vacant
Percent Ownership Fee Simple
Additional Parcels Description 5839-0001,5839-0002,5839-0003,5839-0004,5839-0005,5839-0006,5839-0008,5839-0009,5839-0010
County WASHINGTON
Property Type Land
HOA / Comm Assn No
Subdivision Name RANDLE HEIGHTS
Water Access Y/N No
Status ACTIVE
Directions Head southeast on 25th St SE,then turn right onto Naylor Rd SE. After 0.5 mi,take a slight right onto 25th St SE. Merge onto Alabama Ave SE,turn right onto Ainger Pl SE,then left onto Langston Pl SE.
ModificationTimestamp 2024-05-13T10:16:06
City WASHINGTON
Buyer Agent Compensation 2.5
Disclosures None
Lot Size Square Feet 17758.00
Tax Assessed Value 369500.0
Waterfront Y/N No
Street Name LANGSTON
Tax Annual Amount 2873.0
Condo/Coop Association Y/N No
Price Per Sq Ft 43.25
Acceptable Financing Conventional,Cash
Additional Parcels Y/N Yes
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 19
Standard Status Active
Legal Subdivision Randle Heights
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Street Suffix PLACE

Exterior Features

Water Source Public
Water View Y/N No
Lot Size Acres 0.41
Lot Size Units Square Feet
Lot Size Source Assessor
Soil Types Urban Land-Beltsville-Chillum,Chillum-Urban Land Complex
Horse Y/N No
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 20020

Price
AVG $470K
$770K
Taxes
AVG $5,920
$2,873
Visits
AVG 60
37
Data Provided by Inside Real Estate®

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