Discover the Charm of Alexandria, Virginia
The City of Alexandria, Virginia, offers a blend of historic allure and modern convenience, making it a unique place for homebuyers looking for character and comfort. With a rich history dating back to the colonial era, Alexandria is home to numerous historic sites, quaint boutiques, and picturesque waterfronts. The Old Town area is a particular highlight, featuring cobblestone streets and beautiful colonial houses, exemplified by properties like the elegant townhouses on S Fairfax Street. Living in Alexandria means access to a variety of amenities and benefits, including proximity to Washington D.C. and a thriving local community.
Real Estate Overview of Old Town, Alexandria
The real estate market in Old Town Alexandria is dynamic, characterized by an average of 21 days on the market for listed properties. With an average living area of 1,584 square feet and a robust price per square foot of $843, the market here reflects a demand for quality and location. From luxurious multimillion-dollar homes like the one at 305 Duke St to more modestly priced residences, Old Town offers a range of options. The area is known for its walkable streets, historical landmarks, and access to local parks, retail, and dining experiences, enhancing the allure of its residential properties.
As an example of what's on the market in Old Town, 427 S Fairfax St is a notable listing. This federal end unit townhouse boasts a history stretching back to the 19th century. With a living space of over 2,000 square feet, it is priced at $1,825,000. This price point delivers value with its blend of historic charm and modern upgrades, making it a desirable purchase for those interested in the unique Alexandria real estate landscape.
427 S Fairfax St has been meticulously renovated to offer a seamless blend of historical architecture and contemporary design. This home is move-in ready, presenting an excellent opportunity to live in a historically significant yet fully updated residence. The details, such as original fireplace mantels, pocket doors, and pine floors, are complemented by modern amenities, including a chef's kitchen with marble countertops and state-of-the-art appliances. The en-suite bathrooms continue the theme of luxury and history, ensuring comfort and elegance.
The location of this home places residents within a short stroll to Old Town's bustling center, as well as the tranquil Potomac River and the scenic Mount Vernon Trail. This offers an exceptional balance between urban convenience and natural beauty. Whether it's for a casual walk, a riverside picnic, or a kayak launch, living at 427 S Fairfax St means having a variety of recreational activities right at your doorstep.
Comparing Property Values in Old Town
- For $1,825,000: 427 S Fairfax St, Alexandria, VA 22314 | Old Town | Comparables |
- For $1,800,000 (less expensive): 530 N Columbus St N, Alexandria, VA 22314 | Old Town | Comparables | SOLD!
- For $1,860,000 (more expensive): 720 Potomac St, Alexandria, VA 22314 | Old Town | Comparables | SOLD!
Comparing these properties, it's clear that the value of homes in Old Town can fluctuate based on a variety of factors, including location, size, historical significance, and condition. The homes mentioned provide a snapshot of the spectrum of properties that can be found in Old Town, from recently sold to active listings, illustrating the competitive nature of the Alexandria real estate market.
Conclusion
Whether you're looking for an investment property, a historic home, or a modern dwelling in a classic setting, Alexandria's Old Town offers an attractive mix for potential buyers. The community's enduring charm, coupled with the area's modern amenities and proximity to the nation's capital, makes Alexandria a desirable place to live. For more information on listings and to explore Alexandria real estate further, consider reaching out to a local real estate expert or visiting online resources.
