2921 Langston Place SE
Washington, DC, 20020 $ 768,000
Baths0.0 Monthly Estimate*
$ 5,365
Studio
for $768,000. The lot size is 0.41.
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.
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FeaturesGeneralSewer 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 N
Subdivision Name RANDLE HEIGHTS
Water Access Y/N N
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.
City WASHINGTON
Buyer Agent Compensation 2.5
Disclosures None
Lot Size Square Feet 17758.00
Waterfront Y/N N
Street Name LANGSTON
Tax Annual Amount 2873.0
Condo/Coop Association Y/N N
Price Per Sq Ft 43.25
Acceptable Financing Conventional Cash
Additional Parcels Y/N Y
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 19
Standard Status Active
Legal Subdivision Randle Heights
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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ExteriorWater Source Public
Water View Y/N N
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 N
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Byabeharry@exitrightrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,365
- Monthly Property Taxes
- $239
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Washington, DC
Average List Price $656,951
Percent of Sale Price 14%
About Washington, DC 701,213 Population
23% Since 2002
$ 81,899 Median Income
37.42 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
4206861 Elementary School
3541346 Middle School
Anacostia High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/25/2024 | $768,000 | | Listed Price |