If you stroll up and down Old Town, you’ll see some of the homes have that little ‘historic Alexandria’ plaque. Much like the plaques you see homes around Capitol Hill in D.C. Some of these homes in Old Town are in the millions range. Not all, though. You still can find under $1 M homes.
There are at least 63 homes on the market within the price range of $1 million plus in the City of Alexandria. The range goes from the low-$1 million to high-$5.8 million. Majority of these homes located in the most pricey zip code in the City, Old Town. At least 45 of the 63 homes is in zip code: 22314.
224 Lee St., Old Town
The most expensive home on the market is 224 Lee St., in Old Town. A few short blocks from the City Hall. It is a four-level historic home built in the 18th century. This house sits on two lots. It has five bedrooms, four and a half baths and basement. Total taxes $27,240. Get this. The number of fireplaces: Seven (7)! Wow.. that’s a lot of fireplaces for a 5304 s.f.
Listed by Old Town McEnearney Associates.
The next most expensive homes are:
2. 12 Wolfe Street #52, a riverfront townhouse in Harborside. Listed for $3.35 M.
3. 24 Wolfe Street#58, another riverfront townhouse. Listed for $3.1 M.
4. 700 Kahn Place. This townhouse was originally listed for $2.6 million now is offered for $2.395 M. A reduction of some $200k there.
5. 602 Fords Landing Way. It has as a waterfront terrace. Property was featured by Spaces. Listed for $2.265 M.
6. 305 Cameron St., a historic Duvall House Tavern that was built in 1700’s. It has 8 fireplaces — more than the most expensive home. Listed for $2.25 M.
7. 204 Saint Asaph St. S., a colonial townhouse that was built in 1900. Listed for $2.245 M.
8. 706 Kahn Place, a waterfront townhouse. Listed for $2 M.
9. 302 Saint Asaph Street. This townhouse is circa 1790. Though, built in the 1700’s, it offers 4-level living. Listed for $1.85 million.
10. 721 Fairfax Street S. When I looked at the picture the first time, it gives you the impression that the design looks like it’s an old home, but when reading between the lines — this home actually was built in 1998. Listed for $1.85 million.
Via MRIS.
You’ll probably notice that those homes on the waterfront, are newer homes. Most of the historic homes on the market, are not waterfront homes.
According to MRIS data, nine million dollar homes went ‘under contract.’ The homes under contract, are priced from low-$1 M to high-$1 M. Only three homes sold the last 30 days, from $1.1 M to $1.5 M.
Of course it takes longer for million dollar homes to sell. The pool of buyers as home prices climb up the ladder, shrinks. The higher the prices, the less number of buyers who can afford it. By the way, those homes under contract, have an average over 125 days on the market. Not bad in this market. To see the full listings, click here.
Snapshot of Old Town. You can live in Old Town and don’t have to spend a cool million to afford a home here. There are condos — for a change. So long as you get the benefit of walk to shops, City Hall, restaurants and other amenities of Old Town.. hey, why not. Condo living is a fine choice.
Go Alexandria 