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11723 Chilcoate Ln, Beltsville, MD, 20705

3beds
3baths
2,024sqft
$779,500
$385price/sqft
$5,164/moest. monthly cost
$206,560/yrincome needed

About This Home

This distinctive 3,036 SF two-story home with basement, originally built in 1875, sits on a rare 1.76-acre level lot. Currently configured to support an established business, the property has been successfully operated as a daycare center for over 50 years. The home is equipped with a commercial-grade fire alarm and sprinkler system, making it well-suited for continued business use or potential adaptive reuse. Zoned RSF95 with a commercial property classification, this property offers flexibility for a variety of future uses. A potential subdivision opportunity may exist (buyer to verify with local authorities), adding additional value for investors or developers. Whether you're looking to convert to residential use, or explore development potential, this property presents a rare and versatile opportunity. This unique property is currently operating as an established day care center and offers an opportunity for those seeking a live/work setup. Situated on nearly 2 acres of level land, the property provides ample space with potential for future subdivision (buyer to verify with local zoning and planning authorities). The existing home has been thoughtfully configured to support business operations, making it well-suited for approved commercial/residential uses. The property is being sold strictly AS-IS, presenting an excellent opportunity for buyers to customize or reposition the asset to meet their specific needs.

Getting Around

38
WalkingCar-Dependent
32
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

5/10
Beltsville AcademyGrades PK-80.7 mi
2/10
High Point High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1875

Materials

  • Foundation: Crawl Space,Other
  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bathroom3

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Plaster Walls,Dry Wall
  • Finished area below ground: 0
  • Finished area above ground: 2,024

Heating & Cooling

  • Heating features: Baseboard,Radiator,Hot Water,Natural Gas
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 3,036
  • Total interior livable area: 2,024 sqft

Property

Accessibility

  • Accessibility features: 2+ Access Exits

Details

  • Parcel number: 17010056085
  • Zoning: RSF95
  • Zoning description: Land Use C Commercial
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 1.76 Acres

Parking

  • Parking features: Crushed Stone,Circular Driveway,Gravel,Private,Driveway,Parking Lot
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Lightning
Winter Weather

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,941$47,292
Home Insurance *$254$3,048
Property Taxes $688$8,256
Electricity $281$3,374
Total$5,164$61,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$177,051/yr
40% on housing$154,920/yr
45% on housing$137,706/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$385This listing

vs Other Active Listings

Avg $/sqft

ZIP 20705$183
Prince George's County$185

vs Homes Sold Last Month

Median $/sqft

ZIP 20705$273
Prince George's County$231

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-27Listed for sale$779,500

For Sale by Agent

AgentAndy Bowen
BrokerageLong & Foster Real Estate, Inc.

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