Why Arlington, Virginia, is a Smart Choice for Homebuyers

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

Photo of 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

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.

Nesbitt Realty , a family business serving real estate needs in Northern VA.

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.

The Allure of Living in Penrose, Arlington County

Overview of Arlington County and its Vibrant Community, Penrose

If you're curious about Arlington County, Virginia, you're likely aware of its rich history, diverse culture, and bustling economy. In particular, the Penrose neighborhood offers an exciting array of shopping experiences, including the Pentagon City Mall and various boutiques and specialty stores along Columbia Pike. The Penrose Square community, located near 2900 2nd St S, provides a suburban atmosphere with easy access to urban amenities.

Penrose Neighborhood Metrics

The real estate market in Penrose is quite active, with properties usually being on the market for 12 days on average. The average living area here is around 1,784 square feet, and the properties cost an average of $550 per square foot. The largest property currently available is 2710 1st Rd S with a price tag of $1,775,000. On the other end, the most affordable property is 939 S Rolfe St #B, priced at $475,000.

A Sample Property in Penrose: 2900 2nd St S

For instance, 2900 2nd St S is a Colonial detached home on the market as of this writing. This early 20th-century property features 5 full baths and 1 half bath, 5 bedrooms, and is listed for $1,300,000. For further details, you can view the listing here.

Photo of 2900 2nd St S

This property has been renovated and expanded in 2019. It includes modern amenities such as a kitchen with quartz countertops and stainless-steel appliances, hardwood floors, and a master suite with a heated marble floor. With over 3,500 square feet of living space, this property offers ample room for a large family. The outdoor space includes a partially fenced backyard and a composite deck.

Comparable Properties in Penrose

If you're interested in other options within the same budget range, here are some properties to consider:

About Julie Nesbitt

Julie Nesbitt, Licensed Realtor

Julie Nesbitt has been involved in the real estate business since 1988. With more than 30 years of experience, she brings a wealth of knowledge and expertise to the table. If you're looking to purchase a property in Arlington County, you can reach Julie at [email protected] or call (703)765-0300.

Our Family-Run Business Can Sell Your Residence At Penrose

Recently Sold Homes In Arlington

What is your home at Penrose in reality worth? Will Nesbitt can help you find the market value of your residence in 22204 for free.
Will Nesbitt
Will Nesbitt
Are you considering selling your place of residence at Penrose in 22204? If so, it's recommended to know what properties have sold at Penrose in 22204. That info can give a detached home seller a starting point for determining your 5-bedroom Colonial-style home's value. Photo of 2900 2nd St S Connect with Will Nesbitt to get a free and more accurate assessment of your property's value. Will can also prepare a marketing plan to showcase to you how he plans to get you the best price as quickly as possible. Photo of 2900 2nd St S

Did you know that in in the Arlington Area at Penrose:

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311 S Barton St, Arlington VA 22204 For Sale

What Can I Acquire In Arlington, Virginia For $800,000?

When it comes time to buy a residence, the majority of home buyers have a pretty clear idea of what they want to buy and how much they want to invest. 311 S Barton St Arlington VA 22204 is in Penrose and the 22204 Zip code and is currently listed for $799,000. This detached home has 1,209 sqft of above grade living area. If you're comparing for a place around $825,000 then the Arlington area may be where you want to shop. Continue reading

2415 9th Street S, Arlington VA 22204 Listed

3 Bedroom in Penrose For $799,000

If you don't know the Arlington County real estate market should you worry about purchasing a home like 2415 9th Street S in 22204 in Arlington? In fact, you may want to know more about the schools. Conversely, Julie Nesbitt can provide information to help you learn more about Henry Elementary School, and Wakefield High School. Moreover, there are always pitfalls in Arlington County real estate.  Nevertheless, a friendly ace like Julie can advise you to manage or avoid many of the pitfalls  associated with buying a townhouse in 22204 in Arlington County. Continue reading