Neighborhood Spotlight is a recurring column covering both the City of Alexandria and Alexandria in Fairfax County. This monthly column is sponsored and written by the Seward Group of TTR Sotheby’s International Realty.
Yesterday, today & tomorrow…
History abounds in Potomac Yard! Did you know:
- English settlers built plantations on the Potomac Yard site in the 18th century
- At one time, Potomac Yard was one of the busiest railyards in the eastern United States processing thousands of cars daily
- The City of Alexandria annexed the Potomac Yard towns of Del Ray and Potomac in 1930
Today, this 295-acre development in the northeast section of Alexandria, Virginia, encompasses the Potomac Yard, Potomac Greens and Old Town Greens communities, as well as several new developments, and a mix of office and retail space. The Potomac Yard Shopping Center occupies 70 acres and provides endless opportunities for shopping and dining. These neighborhoods are walkable to both Old Town Alexandria and the beloved Del Ray Communities
Potomac Yard residences were constructed starting in 2013 with construction continuing today. The average Potomac Yard sales price year to date is $1,049,935.00. There are condos, townhomes and apartment residences that encompass this highly desirable community. There is a wonderful children’s park and running/biking paths, green spaces found throughout the community provide a wonderful location and quality of life.
The soon to be open Potomac Yard Metro Station is anxiously anticipated by residences in these and surrounding neighborhoods and is expected to be open in the Fall of 2022.
Built in 2006, the Potomac Greens neighborhood is home to 227 Federal and Colonial style townhomes. The community is bordered by Potomac Greens Drive to the west and Carpenter Road to the north, east and south, with Potomac Yard to the north and Old Town Greens directly south.
This secluded enclave is within minutes to Washington, D.C., Old Town Alexandria, Reagan National Airport, Amazon’s HQ2 and amazing trails along the George Washington Parkway! The neighborhood offers residents a pool, fitness center, clubhouse, nature trails, tot lots and beautiful green spaces. Residents can also take advantage of a private shuttle from the Clubhouse to the Braddock Road metro. The homes in Potomac Greens have a median price of $1,100,000.
Old Town Greens, built in 1999, features a mix of townhomes and condominiums. The condominiums are styled as townhomes with the A units on the lower two floors and the B units on the upper two floors. Located just north of Old Town Alexandria, between Route 1 and the George Washington Parkway near Slaters Lane, this is a very popular community.
Built to be reminiscent of Old Town Alexandria, the neighborhood is walkable to stores and restaurants and is only one traffic light away from D.C.! Amenities include a pool, playground, picnic areas and tennis courts, as well as very easy access to the trail along the Potomac River. The median price for a home in Old Town Greens is $732,900 which includes condos as well as fee simple residences.
The future holds much more economic growth for this area as Amazon’s HQ2 is built as part of National Landing. In addition to office space, HQ2 will include a host of retail shops and public gathering spaces. HQ2 will introduce 25,000 new jobs, meaning the demand for housing in the D.C. area is likely to soar.
Amazon’s new campus could also help existing property values skyrocket. Local businesses could benefit tremendously. The map below shows the location for Amazon’s latest project, which is projected to be completed in 2025.
Thinking of buying a home in this wonderful area? NOW may be the time!
About The Seward Group: We are award-winning real estate agents with TTR Sotheby’s International Realty. Lyssa Seward, Brittanie DeChino, Melody Abella, Anita Edwards, Laura Catron, Gina Wimpey and Elaine McCall make up our team. We offer our clients Full-Spectrum Concierge Real Estate Service at all price points, assisting with every step of the process from beginning to end. We are licensed in Virginia, D.C. and Maryland with TTR Sotheby’s International Realty in Old Town Alexandria.
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