A Look into Alexandria’s Prestigious Old Town North
The City of Alexandria, Virginia, is steeped in American history, tracing its origins back to the colonial period. Today, Alexandria is known for its well-preserved historic district, Old Town, with Old Town North being a particularly sought-after neighborhood. This area boasts a variety of parks and recreational spaces, including the scenic Rivergate City Park and the bustling Old Town Waterfront, offering residents and visitors alike a blend of natural beauty and urban convenience. The community around 801 N Fairfax St #142, situated within Old Town North, benefits from this unique setting, combining modern living with historical charm.
In Old Town North, properties spend an average of 70 days on the market, reflecting a stable demand for real estate in this historic yet vibrant area. The average living space is 1,183 square feet, with properties fetching an average price of $759 per square foot. At the higher end of the market, 925 N Fairfax St #Ph02 is listed for $2,899,900, showcasing the premium living options available. Conversely, the more accessible 504 Bashford Ln #3103 is listed at $305,000. The variety of properties, ranging from 1 to 3 bedrooms, caters to a diverse demographic, from young professionals to families, all attracted by the neighborhood’s amenities and lifestyle offerings.
Highlighting the current market, 801 N Fairfax St #142 is a recently-built, contemporary condo offering a sleek, modern living experience in the heart of Old Town North’s burgeoning Arts District. Priced at $699,900, this 941 square foot unit features 2 bedrooms and 2 full bathrooms, embodying the area's architectural evolution. Details about this property can be found here.
801 North is a testament to the modernization within Old Town North, offering residents luxurious living spaces with amenities such as a rooftop terrace, club room, and garage parking. The building is pet-friendly and features high ceilings, floor-to-ceiling windows, and designer finishes, including quartz countertops and Bosch appliances. Its location provides unparalleled access to the area’s rich arts scene, shopping, dining, and the Potomac River’s walking paths, directly contributing to the quality of life in Alexandria’s historic heart.
Similar properties in the vicinity include 625 Slaters Ln #401 for $624,990 and 925 Fairfax St N #606 which sold for $715,000. Others, like 625 Slaters Ln #208 West and #208w, are listed for $724,990 and $749,900, respectively. These listings indicate what buyers might expect to afford with a slightly lower or higher budget in the Old Town North area.
For further inquiries, John Newsome is available to assist you at (703)765-0300.
Meet John Newsome
Nesbitt Realty, a family-owned business, values every client and offers unique advantages to buyers, such as in-depth local knowledge and complete access to real estate resources. Whether considering selling or buying in Old Town North, engaging with a team deeply familiar with Alexandria’s nuances is crucial. This local expertise ensures clients find a home that perfectly fits their lifestyle and preferences.
When selling in this area, it's essential to highlight the unique characteristics of your property and its connection to the historical and cultural context of Old Town North.
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