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Marlton 20772 Marlton
12404 WALLACE LANE
$450,000
● House - In Contract

12404 WALLACE LANE

UPPER MARLBORO, MD 20772
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,455 Ft²
$2,734
Est. Monthly

About This Property

Welcome to 12404 Wallace Lane - a rare opportunity with endless potential! This unique 2-level rambler sits proudly on a sprawling 5.5-acre parcel surrounded by mature trees, offering peaceful country living with abundant space both inside and out. There is no HOA and no HOA fee for this property, providing added freedom and flexibility. The 5.5-acre property was previously used for horses and cattle and could be used again for livestock or other agricultural uses, making it ideal for those seeking space for animals or a small hobby farm.

The main level features a welcoming living room with fireplace, a large eat-in kitchen with breakfast bar, generous counter and cabinet space, and an expansive family room with a striking stone wall fireplace. The level also includes three bedrooms and a full bath. Large windows fill the home with natural light, while features such as ceiling fans, refrigerator, dishwasher, and wall-to-wall carpeting add comfort and convenience. The three bedrooms feature hardwood flooring, and the area off the kitchen provides ample space for a dining room set and additional family room seating-perfect for gatherings and everyday living.

The finished walk-out basement expands the home's living space with a carpeted den, an additional bedroom, a full bathroom rough-in, a laundry/utility room with washer and dryer, and a large storage room. A sliding door leads to a private backyard patio, creating easy access to outdoor entertaining and relaxation.

Outside, the property truly shines with a large concrete patio featuring a built-in masonry barbecue grill/fireplace, ideal for hosting family and friends. Car enthusiasts, hobbyists, or those needing extra workspace will appreciate the two separate 2-car garages and a driveway that accommodates four or more vehicles.

Located adjacent to the Marlton community, residents have nearby access to pools, tennis courts, and playgrounds (pool membership required), as well as Marlton Golf Course. The property offers the serenity of acreage living while remaining conveniently located approximately 10 miles from Andrews Air Force Base, about 40 minutes to downtown Washington, DC, 45 minutes to Annapolis, and 55 minutes to Baltimore.

Whether you're looking to renovate, expand, or customize to create your dream home, this exceptional property offers space, flexibility, and a location that blends peaceful surroundings with convenient regional access. Mortgage savings may be available for buyers of this listing.
Unit Size
1,455 Ft²
Days on Market
-
Land Size
5.51 acres
Price per sqft
$309
Property Type
House
Property Taxes
$524
HOA Dues
-
Year Built
1967

Listed By

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Last updated: 4 months ago (Bright MLS #MDPG2207566)

Price History

Date / Event Date Event Price
Jun 18, 2026 Listed by Redfin Corp $450,000
Listed by Redfin Corp

Property Highlights

Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 3
Interior Details
Full Bathrooms: 1
Interior Features: Built-in Features, Ceiling Fan(s), Bathroom - Tub Shower, Carpet, Combination Dining/Living, Entry Level Bedroom, Wood Floors
Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Oven - Wall, Stove
Flooring Type: Carpet, Wood
Has Fireplace
Fireplaces: 2
Basement: Other
Exterior Details
Square Footage: 1455
Square Footage Source: $0
Property Condition: Excellent
Architectural Style: Colonial
Year Built Source: Assessor
Year Built: 1967
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Frame
Lot Size Area: 240016
Lot Size Units: Square Feet
Lot Size Acres: 5.51
Lot Size Square Feet: 240016
Tax Lot: 2
Water Source: Well
Financial Details
Tax Annual Amount: $6,291
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard - Electric
Sewer : Private Septic Tank

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 240,016
  • Total Building Area: 1,455
  • Gross Building Area: 1,455
  • Building Area: 1,455
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,455
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005510
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: COYLES ACRES

Neighborhood

  • School District Name: Prince George's County Public Schools
  • Census Tract: 800705

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: 118 F4 0
  • Account Number: 1725118
  • District: 15
  • Parcel: 15-1725118
  • Lot: 2
  • Latitude: 38.7575
  • Longitude: -76.7908

    Address

  • Full Address: 12404 Wallace Ln
  • Address - House Number: 12404
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Upper Marlboro
  • Carrier Code: R011
  • 4-Digit Zip Code: 7968
  • Zip Code: 20772

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $432,902

    Appraisal Valuation

  • Standard Deviation: 0.1359
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 84
  • Final Value: 517,233
  • High Value: 587,570
  • Low Value: 446,896

    Market Valuation

  • Market Total Value: $435,700
  • Market Land Value: $170,600
  • Market Improvement Value: $265,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $389,300
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marlton


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Frequently Asked Questions

When was property at 12404 Wallace Lane built and last sold?
The property at 12404 Wallace Lane was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 12404 Wallace Lane is $448,500.
What are some comparable homes to 12404 Wallace Lane?
There are currently no comparable homes to 12404 Wallace Lane.