Understanding Arlington's Parks and Real Estate Trends
The area in focus is Arlington, Virginia, a community that boasts a combination of residential spaces and public amenities. Arlington is home to various parks that offer recreational opportunities for residents. For instance, Quincy Park provides both green space and sports facilities, including tennis courts and a playground. Barcroft Park features a skate park, baseball fields, and nature trails for an immersive outdoor experience.
Penrose, the subdivision where 507 S Adams St is located, is a neighborhood that offers a variety of amenities including well-maintained sidewalks, street trees, and proximity to essential services.
The real estate market in Penrose generally moves briskly, with an average days on market (DOM) of 12. The average living area in homes here is 1,768 square feet. Prices per square foot average at $594. For those interested in specifics, the most costly property is 2710 1st Rd S priced at $1,749,500, while the least expensive is 945 S Scott St for $539,900. Properties in this area range from 1 to 5 bedrooms.
Property Highlight: 507 S Adams St
As an example of current market listings, 507 S Adams St is a detached early 20th-century bungalow. For additional information, please see the 507 S Adams St Listing. This property offers 1 full bath, 0 half baths, and 2 bedrooms. It is listed for $675,000 and has a size of 885 square feet, making the price per square foot $763.
This bungalow is a significant part of Arlington's historic Penrose neighborhood, sitting on a large corner lot. The property's location makes it ripe for development, located within a well-regarded school district and offering convenient commuting options. The lifestyle is walkable, with nearby shops, restaurants, and parks.
Similar Property Comparisons
- $605,000: 313 S Wayne St
- $450,000: 2000 6th St S
- $685,000: 720 S Veitch St
About Nesbitt Realty
If you have further questions, Nesbitt Realty, a family business serving real estate needs in Northern Virginia, can assist you. Contact us at (703)765-0300.
At Nesbitt Realty, we pride ourselves on being a small-family owned business that values each client. We offer complete access to the MRIS, Homes Database, and other professional affiliations to ensure you have the most up-to-date information when making your decision.
Local Buyer's Advice
When looking at the Arlington area, it's important to consider proximity to public transportation if commuting is a daily activity for you. The Arlington Transit (ART) provides local bus service, while the Metrorail's Orange Line serves the area, connecting you to Washington D.C. and other parts of Northern Virginia.
Summary
This article provides an in-depth look at the amenities, lifestyle, and real estate trends of Arlington, Virginia, specifically focusing on the Penrose community.
