Buy Alexandria Real Estate: October 2007

You can live the resort lifestyle without heading down to the Caribbean or out to Hawaii -- right here in Alexandria, Virginia within an easy commute to Washington, D.C.

Watergate at Landmark condos are situated less than 8 miles away from downtown D.C. in the West End of Alexandria in "Condo Canyon"  The four 18 story condo buildings comprise 203, 205, 307, and 309 Yoakum Parkway between Edsall Road and Stevenson Avenue. 

Sited on a hill overlooking Alexandria, the Watergate at Landmark condos offer the best array of amenities of any condo development in the area.

Swimmers will be delighted by the massive resort style outdoor pool with separate sections for serious lap-swimmers and for lazy floaters. 

Residents can also swim all year round at Watergate's indoor pool, a true rarity among Northern Virginia condos.

Looking for tennis?  You are in luck!  Watergate at Landmark features 6 outdoor tennis courts and several indoor courts.  Racquetball is also available.

A playground invites kids of all ages to play on the swings and jungle gym.

Overlooking the pool, there are covered gazebo picnic areas with barbecue grills that make wonderful places for residents to host parties.

And would you believe it -- the extensive grounds of the Watergate at Landmark even includes a beach volleyball court and a putting green!  You certainly won't find such amenities at most condos. 

The men's and women's exercise rooms at Watergate have been recently renovated and now boast some of the finest gym equipment outside of Gold's Gyms.  The complex community center includes a billiards room, ping pong tables, party and meeting rooms, a card room, convenience store, dry cleaners, hair salon, and restaurant.  You really don't have to leave Watergate at Landmark except to go to work!

And speaking of work, the commute is made easy by Watergate's location off of I-395, and minutes to the Capital Beltway.  In addition, the condo provides a free shuttle bus to the Van Dorn metro stop located just over a mile from the complex.  The metro bus also picks up passengers right at the complex entrance.

Watergate at Landmark has top-notch 24/7 security with a gated and guarded entrance to the grounds of the complex.

Every unit at the Watergate at Landmark has a balcony, many with some of the best views in town, whether overlooking the resort-like atmosphere, or the manicured lawns and treetops in the rear.

Units are available in 1, 2, and 3 bedroom sizes and in various floorplan models.  With the large size of the Watergate community, there are always some units available that may match your needs and budget.  

To find out about current availability and pricing at The Watergate at Landmark in Alexandria, Virginia, contact Brian Block of RE/MAX Allegiance by e-mail or by calling at 703-626-0715.

Enjoy the resort lifestyle at Watergate at Landmark!  

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Carlyle Towers in Old Town Alexandria offers luxury amenities and some of the units have outstanding views of Alexandria, the George Washington Masonic Memorial (pictured), and the D.C. skyline. 

Carlyle Towers condominiums is a three-building complex on the western end of Old Town Alexandria comprised of 2121 Jamieson Avenue, 2151 Jamieson Avenue, and 2181 Jamieson Avenue.  It is directly across the street from the King Street Metro (Blue and Yellow Lines) offering easy access to downtown D.C. or anywhere in the metropolitan area. 

Potential buyers interested in healthy eating will be pleased to know that Carlyle Towers is just around the corner from the flagship Whole Foods Grocery Store on Duke Street.

Proximity to the Hoffman AMC Movie theater complex with stadium seating, great Old Town restaurants, and the Patent and Trademark Office further enhance the desirable location of Carlyle Towers.

Besides its great Old Town Alexandria location, Carlyle Towers offers some wonderful amenities for its condo owners including several gyms, outdoor lighted tennis courts, a putting green, croquet, outdoor pool, 24 hour security, and a party room.  Within the community, there are numerous clubs for Carlyle residents covering various interests like books, bridge, gardening and yoga.

The current average listing price for a 2 bedroom 2 bath condo at Carlyle Towers is $530,686.  

Click here to search for a condo in Alexandria, Virginia. 

If you've ever driven down Edsall Road heading west towards I-395, you may have noticed two entrances to a neighborhood called Overlook. 

But chances are that unless you were specifically looking for a townhouse in this area of town, or you were just up for exploring and a short detour, you've never toured this great community of houses on a hill.

The houses in Overlook were built between 1998 and 2000 and while they have an Alexandria address within zip code 22312, they are within Fairfax County.  Each entrance (the one on Timber Forest Drive and the one on Winterview Drive) leads to a separate Overlook community, although they both belong to the same homeowner's association.  The two communities are linked by the walking paths and many trails through the woods, but each has slightly different character.  

Within the Winterview Drive entrance lies the more expensive and larger townhouses as well as some delightful semi-detached "patio homes."  Entering through Timber Forest Drive, you'll drive up a hill to a mix of garage townhouses, smaller townhomes, and condominiums (some on two levels that feel more like a townhouse than a condo).  

Both areas share expansive green space and recreational areas including tennis court, pool, community center, playgrounds.  On walks around the jogging trail, neighbors walk their dogs, exercise and mingle with their friends.  If you're lucky, you may even catch glimpses of deer while trailing throughout the small forest between the two Overlook communities.  The jogging trail also incorporates a nautilus exercise and fitness route.

 Overlook's Location 

• Overlook is conveniently located less than a mile from I-395, close to the Capital Beltway, and I-95.
  
• Only 1.5 miles to the Van Dorn Street metro stop, there are bus routes along Edsall Road that make transportation a breeze.
  
• With only 12 miles distance from Overlook to The White House, commuting to Washington D.C. is much easier than you might think. 
  
• Old Town Alexandria is only 5 miles away.

Prices and Homes for Sale in Overlook

There are 7 homes currently for sale in Overlook (6 townhouses and 1 condo).

The townhomes are priced between $510,000 and $619,000 and the one 2 bedroom 2.5 bath condo is available for a listing price of $407,000.

5261 Cozy Glen Lane
is a spacious 3 level townhouse with 3 bedrooms, 3.5 baths with a 2 car garage.  The kitchen features corian counters and ceramic tiles.  The home is priced at $619,000.

Right next door and also for sale is

5263 Cozy Glen Lane
3 levels with 3 bedrooms, 2 full and 2 half baths a 2 car garage and brand new carpeting.  This one is priced at $585,000.

Over twenty-five homes have sold in Overlook throughout the first 9 months of 2007:

8 condos sold at an average price of $410,561.

3 non-garage townhomes sold at an average of $476,633.

14 garage townhomes sold at an average price of $551,446.

1 large patio semi-detached home sold for $905,000.

For more information about Overlook or any other community of homes within Northern Virginia or to make an appointment to see homes, please contact Brian Block at 703-626-0715 or by e-mail at brian@brianblock.com. 

Click here to receive daily updates by e-mail of available homes within your price range. 

As of today, October 1, 2007, there are 417 condos on the market in Alexandria, Virginia.  This represents 48% of the inventory of homes currently available in the City of Alexandria.  During the month of September, 63 Alexandria condos sold.  Over the first 3 quarters of 2007, 816 condos sold in Alexandria, or just over 90/month on average.

Based on the September rate of sales, there is a 6.6 month supply of condos in Alexandria, a relatively balanced market. 

The chart below shows the inventory of condos at some of the more popular condominium complexes in Alexandria:

Watergate at Landmark located within "Condo Canyon" is a very large complex and has consistently had between 40 and 60 units available on the market throughout much of the year. 

Here are the current average prices in Alexandria:

1 BR Condos -- 153 available, average price $259,455

2 BR Condos -- 224 available, average price $341,770

3 BR Condos -- 40  available, average price $387,084 

For more information on condo prices in Alexandria, see my other article Condos in Alexandria: How Much Do They Cost?

Click here to SEARCH FOR A CONDO IN ALEXANDRIA