Preston Condos: Prices, Pictures, Facts and Map

Important information about features and prices of condos for sale at Preston

The Preston Condos of Potomac Yards are located near the George Washington Parkway in Alexandria, Virginia. The Preston offers something for everyone and cuts down on what could be an otherwise lengthy commute because of the ease of access to the Parkway. Located across the street from the Preston Condos is the Potomac Yard Shopping Center, where you'll find great shopping, entertainment and dining for the whole family.

In addition, the Preston is located near the Four-Mile Run Bike Trail and the historic Mount Vernon Trail, and the Preston is within ten minutes of Regan National Airport. The Preston is situated within a few minutes of the Potomac River, and residents can participate in the fishing and sailing recreational ventures that this natural landscape provides. Residents can also enjoy a convenient shuttle bus that connects to Braddock Road and the Crystal City Metro stations along Jefferson Davis Highway.
The Preston is located at 181 East Reed Avenue in Alexandria, Virginia

The Preston features steel and concrete construction and offers a sleek architectural style with a crisp, urban design. Aside from the outstanding views, other amenities include high ceilings, individual storage units, an exercise room, a private rooftop deck, and underground private parking. The Preston houses 53 contemporary one and two bedroom homes with a balcony or terrace depending on the unit.

Featuring steel and concrete structures with clean architectural and chic urban designs, the Preston provides exceptional views of its beautiful surroundings from 53 contemporary units.


  • Individual Storage
  • High Ceilings
  • Fitness Room
  • Private Rooftop Deck
  • Underground Private Parking.
  • 1 – 2 Bedrooms
  • Balcony / Terraces

Schools that serve the Preston Condo Community:

Golf Courses near the Preston:

Healthcare facilities for both people and pets are located nearby. The Virginia Hospital Center, Alexandria Neighborhood Health Services Inc, PetSmart Potomac Yard and Del Ray Animal Hospital are all just a few minutes away.

The Potomac Yard Shopping Center is just across the street from the Preston, offering fantastic shopping and entertainment experience as well as a variety dining pleasures fit for the entire family. Residents of the Preston can also enjoy the benefit of sailing and angling of the Potomac River that is just a few minutes away. A convenient shuttle bus serves residents, connecting to Braddock Road and the Crystal City metro stations along Jefferson Davis Highway.

To make the location more accessible, the Preston is only 10 minutes away from Ronald Reagan National Airport and a few minutes away from the Four Mile Run Bike Trail and Mount Vernon Trail.

  • Questions about real estate agents?

    The law requires that Realtors

    • Perform essential and customary acts to help out with the purchase or sale of real estate.
    • Properly account for the money or other property put in his or her attention.
    • Reveal any “adverse material facts” which are, or should be the broker’s knowledge.

    Realtors can help buyers pre-qualify for mortgages and keep abreast of the newest house listings. They can assist sellers in screening potential buyers and preparing their homes. They are able to demonstrate investors the properties that fit their risk profiles and long term investment strategies.

    Nesbitt Realty can quickly find the best house for you personally. Our agents can efficiently organize and coordinate meetings with sellers and potential buyers.

    A Nesbitt Realty Realtor is well acquainted with the affairs you’ll need to know about the neighborhood you might be considering:

    • the security of the community,
    • Cost,
    • Metro availability,
    • Nearby parks and sites,
    • Nearby shopping,
    • School quality.

    Our agents have immediate access to homes when they are put in the marketplace. Your agent will help structure the deal to save you money, when you’re prepared to make an offer on a home. She or he will describe the benefits and drawbacks of different types of mortgages and guide you through the mounds of paperwork.

1 Bedroom condos for sale at Preston

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2 Bedroom condos for sale at Preston

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3 Bedroom condos for sale at Preston

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  • Questions about rental agents?


    Renting is a good way to get some firsthand experience with a neighborhood. Renting can let you sign a 1 year lease, say in a Shirlington 2 bedroom condo for example, with the option to continue, if you like the neighborhood. An advantage of this is you can test the waters, to see if you really love the features of this neighborhood or not. If you don’t like where you’re at, say for example, if the 4 bedroom, 2 story home in Lorton is not your style, you can always relocate to another place.

    Pay as You Go

    Many Americans live pay check to pay check. Upfront, you will have a security deposit, with a rate that depends on your credit score. If you have a good credit score, your property manager might only charge 1 months’ rent, for a security deposit. On the other hand, if you have a poor credit score, your property manager might charge 2 months’ rent, for a security deposit. After this initial fee (which can be refunded if you meet the requirements like passing the move out inspection), it’s nice to know that after a chunk of your paycheck is put into your monthly rent, there’s a good portion left for bills, necessities, and fun expenditures, like neighborhood nightlife or personal hobbies.

    Short Term Commitment & Little Investment

    Not sure if you want to stay in Northern Virginia, as a Washington DC commuting, GS-5? Do you have plans of living in California and seeing Napa Valley, Los Angeles, and San Francisco firsthand? Are you Active duty military, with upcoming orders for a new assignment, with no interest in the responsibility of becoming a homeowner? If so, these questions might make you lean towards renting, as opposed to buying. It’s nice to know that as a renter, you won’t have to worry about footing the bill for a repair on a roof that is falling apart, paying a monthly a condo fee (that could range anywhere from $150-$700), or paying the bill for a lawn service to pick up the leaves from your $1,000,000 Mount Vernon home, in fall. Overall, renting can be cheaper up front, but it isn’t for everyone. Also, who says you can’t just buy later?

    Build Your Credit While You Sock Away Savings for a Down Payment

    Paying your bills on time is an excellent way to build your credit score, and to show lenders that you know how to manage your money. If you are frugal, you can take a chip off each pay check, to build up a savings for buying a home in the future. The return on applying your savings to the purchase of the home of your dreams can be exponential. For those with an eye on the future, being a responsible tenant can prepare you financially and teach you the accountability necessary for home ownership.


    Spending time with friends can make for priceless memories. Living together can be fun and slightly cheaper than going solo. The process of getting a group of friends together to rent out a property can be a very rewarding and challenging process. A Nesbitt Realty Realtor, like Stuart Nesbitt, can help make the later stages of finding and renting a property simple. There are many different neighborhoods in Northern Virginia to choose from, that can fit your specific needs (such as being metro accessible, having a main street, Being near a good school, being luxurious, being a certain type of building style [e.g. high-rise or garden style, for example] ,being affordable, or even being off the beaten path).



Studios and 1 Bedroom condos for rent at Preston

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2 Bedroom condos for rent at Preston

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3 Bedroom condos for rent at Preston

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Map of real estate for sale at Preston

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  • Contact Us

    We love helping clients and appreciate the opportunity to serve! Call us at (703)765-0300 or email us using this form.

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Sell your Preston condo!

How does a Realtor determine list price?

We love selling property because we’re good at selling property.

When it comes to buying a home, most potential buyers will use the listing price to as the number one factor to determine the homes that they look at. Even though you and your Realtor may determine the asking price, the buyer will determine the selling price. If the price is too high, most buyers won’t visit the property and won’t consider buying the property – which is why you want to determine the listing price carefully.

At Nesbitt Realty we use our experience, our local knowledge and a software resource called Realtors Property Resource®. Our agents can very accurately predict the sales price of any home, townhouse or condominium in Northern Virginia. We can show you the data points we use and let you see our assumptions, tweaking them when you disagree so that you’ll understand the science of how we make our recommendation. Knowing the value of your property is one of the most important parts of selling your home.

Learn more about selling your property in Northern VA

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