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Good Hope Rd , Silver Spring, MD 20905

$175,000

Welcome to Good Hope Road in Silver Spring, MD! Rare opportunity to own approximately 1 acre of land on Good Hope Road in Silver Spring, Maryland, offering a desirable combination of space, location, and convenient access to the greater Washington metropolitan area. Location is a major highlight. Good Hope Road provides convenient access to New Hampshire Avenue (MD Route 650), a major north-south commuter corridor connecting this area toward Washington, D.C. The property is also well positioned near the Intercounty Connector (MD Route 200/ICC), which intersects Route 650 nearby and provides connections across Montgomery County and toward the I-95 corridor. With access to I-95 and the Capital Beltway (I-495), the location offers multiple commuting options throughout the Washington-Baltimore region. I-495 connects directly with Route 650 and provides access around the Capital Beltway, making destinations throughout Washington, D.C., Bethesda, and Northern Virginia a breeze. For commuters traveling east or north, MD-200 provides convenient connectivity toward I-95, while Route 650 provides a direct corridor south toward the District of Columbia. Whether commuting to Washington, D.C., Northern Virginia, Montgomery County, Prince George’s County, or the Baltimore-Washington corridor, this location offers excellent access to some of the region’s most important transportation routes. All engineering, surveys, studies, permits, approvals, and feasibility investigations are to be performed and verified by the buyer at the buyer’s sole expense. Don't miss this opportunity to create the home you've been dreaming of!

Highlights

  • Land
  • 1.06 Acre Lot
  • 86 days on Market

  • Acres
    1.06
  • Utilities
    Sewer Available, Water Available
  • Water
    Public

  • County
    Montgomery
  • City
    Silver Spring
  • Neighborhood
    SILVER SPRING
  • Zip Code
    20905
  • High School
    NORTHEAST AREA
  • Middle School
    FRANCIS SCOTT KEY
  • Elementary School
    DR. CHARLES R. DREW

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Frequently Asked Questions

How do I schedule a tour of Good Hope Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to Good Hope Rd.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about Good Hope Rd?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $175,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Silver Spring, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for Good Hope Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for Good Hope Rd at around $1,249. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy Good Hope Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Montgomery County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for Good Hope Rd?

In most cases, yes. Whether Good Hope Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Silver Spring's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on Good Hope Rd?

We can handle that for you. Our preferred local agent specializes in lands in Silver Spring and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

Good Hope Rd was listed on August 20, 2026, which means it's been on the market for 86 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

Good Hope Rd sits on a 1.06-acre lot, which is 46,174 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: DR. CHARLES R. DREW
  • Middle: FRANCIS SCOTT KEY
  • High: NORTHEAST AREA

Want to see how these schools compare? Check out our Montgomery County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for Good Hope Rd?

The most recent public record shows annual property taxes for Good Hope Rd were approximately $3,043. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is Good Hope Rd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: November 14, 2026 at 08:47PM | Source: Bright | MLS#: MDMC2252026