5904 Muncaster Mill Road

Rockville, MD 20855
$3,775,000

Listing provided courtesy of: EXP Realty, LLC.

5904 Muncaster Mill Road

Rockville, MD 20855
$3,775,000
  • 190,358 SQFT
Status: New Listing
  • Est. Payment
    / mo

Exceptional Senior Living Development Opportunity Near Lake Needwood! This 4.45-acre property presents a rare and highly desirable opportunity for future senior living development in a prime Montgomery County location. Nestled near the scenic Lake Needwood and Rock Creek Regional Park, residents will enjoy easy access to serene walking trails, lakeside paddleboats, fishing, and scenic cruise boat tours, creating an ideal setting for an active and peaceful retirement lifestyle.
The property is zoned RE, allowing healthcare-related and senior living use. Preliminary studies indicate the potential for 110–135 senior care units across 3–4 levels (with one below grade), along with the option to add 6–10 triple-sectioned senior cottages. All major utilities, including natural gas and a 6-inch water line, are available on site, with a city sewer connection permit pending.
This unbeatable location sits across from Magruder High School and just minutes from the ICC (Intercounty Connector), offering convenient connections to Washington, DC, Baltimore, and surrounding areas. Embassy Row is approximately 10 miles away via bike paths through nearby park trails. The property is also close to Norbeck Country Club, Needwood Golf Course and Driving Range, Leisure World Shopping Center, medical offices, local churches, and three major hospitals. New residential communities nearby have seen rapid sales, with townhomes selling around $825K and single-family homes exceeding $3.5M, highlighting strong market demand in this sought-after area.
This is a unique opportunity to develop a senior living community in one of Montgomery County's most desirable, nature-rich settings while remaining close to major amenities, healthcare facilities, and transportation routes.

PROPERTY DETAILS

  • Price $3,775,000
  • Price / Sq Ft $20
  • Bldg/Unit Size (Sq Ft) 190,358
  • Land/Lot Size (Sq Ft) 190,358
  • Land/Lot Size (Acres) 4.37
  • Property Type Land
  • MLS Number MDMC2193906
  • Days on Market 4

TAXES & HOA

  • Annual Taxes (USD) $5,472
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF

Listing provided courtesy of: EXP Realty, LLC. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 08/11/2025 12:23:21

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