What Has Recently Sold At Marina Towers?

Photo of 501 Slaters Ln #502

Do you have a residence in 22314 in Alexandria that isn't getting any action?

Did you know that in Marina Towers:

  • the average number of days on the market is 53.
  • the most expensive home on the market is 501 Slaters Ln #808.
  • the least expensive unit on the market is 501 Slaters Ln #213.
  • 501 Slaters Ln #502 is currently listed for $329,000.

A home that's seen very little activity when listed for sale for months is frustrating. A few questions to ask your agent include:

  • Is your home listed on your local multiple listing service?
  • Is it time to think about changing representation?
  • Since the day you listed, what residences have accepted offers, how many days did it take, and what price were they asking?

Recently Sold At Marina Towers

501 Slaters Ln #1418

Million dollar views! Enjoy magnificent sunsets and panoramic views from this penthouse floor one-bedroom condo. View the Washington Monument and fireworks from the large balcony. You can change the style and amenities in any home but you cannot change this spectacular view!

Drenched in sunlight, this freshly painted and spacious condo is move-in ready. Features include maple cabinets, stainless appliances and granite counters, hardwood floors, crown molding, and lots of closets with newer windows, dishwasher and microwave.

Condo fee includes ALL UTILITIES except phone, internet and cable. Amenities include ample parking, 24-hour front desk, fitness center, large swimming pool, gazebo, barbecue area, security, party/meeting room, sauna, lending library, car wash, dog park and more. A convenience store is onsite with valet service for dry cleaning and shoe repair. Outside the back door is a private gated entrance to the Mount Vernon Trail. This is resort style living on the Potomac.

A commuters dream….you are near Amazon HQ2, Pentagon, Metro, buses and just 1 traffic light to Reagan National Airport and Washington, D.C. Marina Towers is a luxury hi-rise on the shores of the Potomac River in north Old Town. It is minutes to parks, shopping and restaurants including Harris Teeters, Trader Joe’s, Rustico, Buzz Bakery, T.J. Stones, Vaso’s, the Oak Steakhouse and so much more. [Marina Towers$330,000]

501 Slaters Ln #123

Amazing vista, like the river IS YOUR BACK YARD, not just a view in the distance or from a great height.
COMPLETELY REMODELED THROUGHOUT. The kitchen with granite & stainless, gas cooking, and walls opened up to the living room. Both bathrooms with custom lighting, fixtures, and tile. All hardwood floors. Lots of windows and an end/corner unit for a great breeze. Just one flight of stairs up from parking so you don’t even have to go through the lobby. Nothing left to do but move in and enjoy coming home (or staying home). MUST SEE !! [Marina Towers$549,000]

501 Slaters Ln #823

Don’t Miss this Great Opportunity to Own a Corner Unit Location @ Marina Towers, With Potomac River Waterfront View from Balcony & Beautiful Washington DC Views from Master Bedroom. Price has been adjusted to Sell Quickly! Recently painted. The condo fee includes all utilities and great amenities. Unit faces east/north for lots of natural light, Harwood Floors. Kitchen has breakfast eating area. Beautiful tile in bathroom, walk-in closet in Master bedroom, many closets for storage. Stress free living in a wonderful community close to DC and Old Town Alexandria’s Best Shopping, Dining, Parks, Walking/Jogging/Biking Paths. Easy access to Metro, 395, 95, 495, bus stop one block away. Bike, moped, motorcycle storage available. Pet Friendly, Outdoor picnic areas, The Grounds are Well Maintained with Mature Trees and Flowering Plants. Make this Apartment your Next Home! [Marina Towers$539,900]

501 Slaters Ln #707

Wow! Sit on your 14 ft balcony with your wine, coffee, friends. Entertain. Watch glorious sunrises or moonrises over the river. Be dazzled by the lights of the city and National Harbor. Watch the 4th fireworks or the ones at the Wharf on weekends. Enjoy easy loading and unloading with carts, valets, at the back door of the building. Enjoy the car wash area, garden plots, the waterfront observation deck (new) and the infamous Tiki bar – where you can entertain and grill. This lovely unit has tons of closet space, wood floors, high end appliances like Subzero and Fisher Pykell. The view from every room is stunning. Room for your home office in the corner of the living room or ask to see an example of barn doors/den conversion. When you walk into this lovely lobby, the view is spectacular of the river. The lobby is Italian marble. The staff and the front desk is friendly and helpful, always there 24/7 to assist. Business center services available, a meeting room/party room, a small library/book exchange, and the beautiful river front swimming pool. Like to garden? Sign up for one of garden plots. Or relax on a blanket in our grassy treed area. Like to bike, walk or run? Your key to the building lets you out the gate to the Mt Vernon Bike Trail – private access. Have a dog? There is a private, fenced dog park for owners and their pooches. A fitness buff? Enjoy the private, updated fitness center, with water views, tvs, newer equipment, and access to the locker rooms and pool – oh yes, there is a SAUNA too! Thirsty? Stop in the convenience store, located on the terrace level, open daily 7am-9pm. It even sells beer and wine. But they have all kinds of items that will keep you indoors on those inclement days. They also have dry cleaning/laundry services. You think the condo fee is high, right? Well, not really when you look at all that is included in it. Not only are all of your utilities inc. (except cable/internet), but it also includes: onsite maintenance staff, 24/7 staffed front desk, onsite management, daily custodial services in all common areas, all exterior maintenance (nearly 6 acres of waterfront land), landscape care and maintenance, pool service, lifeguard, gas grills maintained/replaced, hardscaping, arborist fees, outdoor lighting, real estate taxes on the common grounds and the building, master insurance coverage on the building/land/pool/etc., Salaries/benefits of employees who keep the building running, all of the utilities, water, sewer, trash for the entire building and exterior, care and maintenance on your heating/AC systems, maintenance and replacement of all outdoor furniture/pool furniture/floats, care and maintenance of the party room, and the furniture in it – not to mention that HUGE TV and full kitchen that you get to use. Maintenance of the garage, outdoor walkways, boardwalks, fencing, the dog park, the carts/valets, what else? ….the list is longer. You get a LOT for the fee and you get to live worry free in the lock and go lifestyle in a resort like setting with great neighbors and the peace and security of living a simplified life. [Marina Towers$434,900]

Here are collected reasons residences will sometimes have no real buyers:

  • Unreasonable price — The toughest pill to swallow, but here and there this is the problem.
  • Location — Every location has a buyer, but from time to time it takes a while to find THAT buyer
  • Photos — If your listing has yet to sell, you may want to revisit the photos you’re using to present it on the MLS.
  • Parking — A difficult driveway or a unit without good parking can be slow to sell.

These are problems we’ve seen before and challenges we know how to overcome. Are you mulling over the idea of selling your unit in Marina Towers? If so, it's advisable to know what units have sold for in the local area. Those residences can give a home seller an idea of the list price for your $329,000 1-bedroom 1-baths unit. Phone Will Nesbitt to get a free and more accurate assessment of your unit's value. Will Nesbitt can also prepare a marketing plan to reveal to you how we plan to get you the best price as quickly as possible.

Thanks for the opportunity to serve your real estate needs. Your business is appreciated.

Will Nesbitt

View posts by Will Nesbitt
Will is the principal broker of Nesbitt Realty and Condo Alexandria. He is licensed in anywhere in the Commonwealth of Virginia, but focuses on those communities found in and around Alexandria, Arlington, Mount Vernon and Springfield/Franconia. Will has been involved in real estate management, sales and investment for more than twenty years. He is a veteran of the U.S. Army. While in the army, he studied Russian at Monterey's Defense Language Institute. He is also a "veteran of the dotcom wars" and built most of the sites associated with NesbittRealty.com Will currently resides in Belle Haven Estates just outside Old Town, overlooking New Alexandria. He is a former president of the Mount Vernon Youth Athletic Association and founded the Alexandria Fun with Friends Group. Will is the author of BattlestorM, a tabletop fantasy game, which was published by Ral Partha Publishing in the late '90's, and Arthur's Realm, a boardgame available at the Gamecrafter.