Excerpt from:  Virginia Real Estate News
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December 03, 2008

Northern Virginia Real Estate: November 2008's Most Expensive Home Sales

Most Expensive Home Sales in Northern Virginia for November 2008

Are you wondering about Northern Virginia real estate and pondering what has sold recently?

Here's some information about the most expensive home sales in Northern Virginia (Arlington County, Alexandria City, Fairfax City, Fairfax County, and Falls Church City) for November 2008.  All information was obtained through MRIS.

SPECIAL ALERT:  This month, I am proud that one of my sales made it to the list -- the second most expensive townhouse sold in Northern Virginia in November!

Overall, there were 42 sales topping $1 million during the month of November 2008.  Despite the financial crisis, there are still people in the D.C. metropolitan area with money to purchase their dream homes.

 NOVEMBER'S MOST EXPENSIVE SALES

Single Family Detached Homes:

  • 6661 Sorrell Street, McLean, VA 22101  -- Sold on November 18th for $3,550,000.
    This brand new home in the Langley Forest subdivision features 5 fireplaces, 5 bedrooms, an au pair suite above the garage, 3 porches, and 7 full bathrooms and 2 half bathrooms!  It sold for $440,000 under the asking price. 

  • 520 Innsbruck Avenue, Great Falls, VA 22066 -- Sold on November 7th for $3,400,000.
    On over 2 acres, this French country estate includes a pool, hot tub, pool house, playground and tennis court.  With 7 bedrooms and 11 total bathrooms, there's plenty of space for everyone.  Throw in a billiards room, movie theater, wine cellar, exercise room, and estate size kitchen and the new owners are certainly very happy.  Very happy indeed considering the listing price was $4,250,000!

  • 8408 Sparger Street, McLean, VA 22102  -- Sold on November 3rd for $3,300,000.
    Just built in 2008, this elegant stone and brick home on just under an acre in McLean includes a library, game room, wine cellar, media room, exercise room, and a wet bar elevator.  There's also a pool.  It sold for $275,000 under the asking price.

  • 10910 Beckman Way, Great Falls, VA 22066  -- Sold on November 19th for $3,025,000.
    Chalk this one up as the bargain of the month.  It sold at auction for almost $1 million below the $4M asking price.  Six bedrooms, 6 full bathrooms, and 11 fireplaces on 5 acres.  Someone got a grand deal on this home built in 2007.

  • 7829 Montvale Way, McLean, VA  22102 -- Sold on November 14th for $2,660,000.
    Built in 2001, this 10,284 square foot home on 3/4 acre has 7 bedrooms, 7 full bathrooms, and 5 gas fireplaces.  The new buyer negotiated more than $300,000 off the asking price.

This buyer's market means it is time to negotiate -- as you can clearly see, there's quite a bit of wiggle room on price in the luxury market.

CLICK TO SEARCH FOR AVAILABLE SINGLE FAMILY HOMES IN NORTHERN VIRGINIA 

Townhouses: 

  • 214 Prince Street, Alexandria, VA 22314 -- Sold on November 21st for $1,400,000.
    In the heart of historic Old Town Alexandria, this townhouse was built in 1763.  It is situated 2 blocks to the Potomac River and 2 blocks to King Street (the main shopping street in Old Town).  With 7 working fireplaces, an 12 foot ceilings on 3 levels, this townhouse also features antique heart of pine floors and raised panelled wainscoating.

  • 1048 N. Stafford Street, Arlington, VA 22201 -- Sold on November 7th for $970,000.
    I sold this house.  This townhouse is just a block from the Ballston metro facing a lovely courtyard at the Bromptons at Ballston.  Its four spacious rooms, wood floors and huge windows complement the gracious living space.  My client is thrilled and I can't wait for the housewarming party!
  • 2415 Fairfax Drive, Arlington, VA 22201 -- Sold on November 21st for $890,000.
    Located in Courthouse Hill, this 3 bedroom, 3 bathroom townhouse was built in 1996 and includes a finished loft, hardwood floors, gas fireplace, and whirlpool tub.

  • 1644 Colonial Hills Drive, McLean, VA 22102  -- Sold on November 14th for $765,000.
    With over 2880 square feet of living space, this large townhouse includes a 2 car garage, granite counters and stainless steel appliances.  There's also a roof top deck.


SEE AVAILABLE TOWNHOUSES IN NORTHERN VIRGINIA

Condominiums: 

  • 1450 Emerson Avenue #505, McLean, VA 22101 -- Sold on Novmeber 25th for $1,000,000.
    The only million dollar condo this month sold a the Palladium at McLean.  It's a penthouse unit with a library, spacious kitchen and lots of windows -- right in downtown McLean.

  • 11990 Market Street #302, Reston, VA 20190 -- Sold on November 21st for $925,000.
    This 3 bedroom, 3 bathroom condo features over 2,100 square feet of space with views to the south, east and west.  The Midtown Reston building was just built in 2006 and affords easy access to shops, restaurants and the theater at Reston Town Center.

  • 11990 Market Street #312, Reston, VA 20190 -- Sold on November 25th for $745,000.
    Another condo at Midtown at Reston.  This one was a foreclosure sale.

  • 1830 Fountain Drive #1007, Reston, VA 20190 -- Sold on November 14th for $600,000.
    Reston dominated the list of high-priced condo sales in November.  This condo at the Paramount features floor to ceiling windows and panoramic views of both sunrises and sunsets.  At 1,744 square feet, it is a large 2 bedroom, 2.5 bathroom condo.

  • 2001 N. 15th Street #1513, Arlington, VA 22201 -- Sold on November 4th for $555,000.
    Condos at the Odyssey, like this one, typically make the list of expensive condo sales.  This one on the 15th floor has amazing views overlooking Georgetown and the National Cathedral.  It is just minutes away from the Courthouse metro.

SEE AVAILABLE CONDOMINIUMS IN NORTHERN VIRGINIA 

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Contact Brian Block, REALTOR/Attorney: Licensed in Virginia & Washington D.C. (703) 626-0715. If you are interested in purchasing or selling a property in Northern Virginia including Arlington County, Alexandria City, Annandale, Burke, D.C., Fairfax County, Falls Church City, Lorton, Springfield, Washington D.C., contact Brian today.

by Brian Block
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Comments
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Business

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Betty

http://www.my-foreclosures.info
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